The latest announcement is out from Stavely Minerals Ltd ( (AU:SVY) ).
Stavely Minerals Ltd has secured two co-funded grants totaling $430,000 from the Western Australian Government’s Exploration Incentive Scheme for its Hawkstone Nickel-Copper Project. These grants, awarded for the project’s technical merit, will fund reverse circulation drilling and a geophysical survey, potentially enhancing Stavely’s exploration efforts in the emerging magmatic nickel province of West Kimberley, which is known for hosting large, high-grade nickel deposits with associated copper sulphides.
More about Stavely Minerals Ltd
Stavely Minerals Ltd is an exploration company focused on the discovery and development of mineral resources, primarily targeting nickel and copper deposits. The company operates in the West Kimberley region of Western Australia, where it focuses on magmatic nickel-copper projects.
YTD Price Performance: -40.0%
Average Trading Volume: 529,608
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$6.53M
For a thorough assessment of SVY stock, go to TipRanks’ Stock Analysis page.