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Stavely Minerals Limited (ASX:SVY)

ALERT: Price-sensitive ASX Announcement for SVY
Current share price for SVY : $0.016 0.003 (23.08%)+
Announcement
Release
18 May 2026 8:18AM
Price at Release
$0.013
Full Release
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Summary
Stavely Minerals Limited has been awarded a $150,820 co-funding grant from the Western Australian Government's EIS Co-Funded Geophysics Program for the 2026-2027 period. This funding will facilitate the next phase of the Moving Loop Electromagnetic (MLEM) survey at the Hawkstone Nickel-Copper-Cobalt Project in West Kimberley. The survey is aimed at identifying high-grade massive nickel sulphide mineralisation and will focus on an emerging anomaly first noted during the 2024 survey. The grant reflects strong governmental support and recognition of the Hawkstone Project's technical merit and its position within the emerging West Kimberley magmatic nickel province.
Key Points
  • Stavely Minerals awarded $150,820 by WA Government's EIS Program.
  • Funding for MLEM survey at Hawkstone Nickel-Copper-Cobalt Project.
  • Survey targets high-grade nickel sulphide mineralisation.
  • Focus on anomaly identified in 2024 survey.
  • Government support for strong technical merit and potential of Hawkstone Project.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.