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Stavely Minerals Ltd ( (AU:SVY) ) has shared an announcement.
Stavely Minerals Ltd has announced significant results from its recent Reverse Circulation (RC) drilling at the Fairview North prospect, part of its Stavely Copper-Gold Project in western Victoria. The drilling has revealed multiple wide zones of shallow gold mineralisation, which are amenable to low-cost heap leach extraction, potentially enhancing the project’s economic viability. The company plans further drilling to extend the known mineralisation and conduct additional metallurgical testwork, aiming to capitalize on the project’s gold potential and strengthen its position in the mining industry.
More about Stavely Minerals Ltd
Stavely Minerals Ltd is a company operating in the mining industry, primarily focused on the exploration and development of copper and gold projects. Its main project is the Stavely Copper-Gold Project located in western Victoria, Australia, where it is actively engaged in drilling and exploration activities to identify and develop mineral resources.
Average Trading Volume: 1,132,863
Technical Sentiment Signal: Sell
Current Market Cap: A$9.79M
For an in-depth examination of SVY stock, go to TipRanks’ Overview page.