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The latest update is out from Stavely Minerals Ltd ( (AU:SVY) ).
Stavely Minerals has launched an updated 2026 Scoping Study for the Thursday’s Gossan and Cayley Lode deposits after a review of its incomplete 2022 study showed that materially higher copper, gold and silver prices, combined with a weaker Australian dollar, transform the project’s economics from neutral to strongly positive even after factoring in escalated capital and operating costs. The new work will incorporate an updated mineral resource estimate that better captures high-grade continuity at Cayley Lode, additional metallurgical testwork to lift recoveries, re-optimised open-pit and underground mine designs, and assessment of a smaller high-grade underground-only scenario, while the company simultaneously advances deeper copper exploration at Cayley Lode, the nearby Junction Porphyry prospect and regional targets to potentially increase project scale and enhance future development outcomes.
The most recent analyst rating on (AU:SVY) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Stavely Minerals Ltd stock, see the AU:SVY Stock Forecast page.
More about Stavely Minerals Ltd
Stavely Minerals Ltd is an Australian mineral exploration and development company focused on copper, gold and silver, with its flagship 100%-owned Stavely Copper-Gold Project in western Victoria. The company’s key assets within this project include the Thursday’s Gossan and high-grade Cayley Lode copper deposits, and it is pursuing both copper-gold and gold-only exploration strategies to increase project scale and development optionality.
Average Trading Volume: 1,244,345
Technical Sentiment Signal: Sell
Current Market Cap: A$13.7M
For detailed information about SVY stock, go to TipRanks’ Stock Analysis page.