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Stavely Minerals Limited (ASX:SVY)

ALERT: Price-sensitive ASX Announcement for SVY
Current share price for SVY : $0.016 -0.002 (-11.11%)+
Announcement
Release
20 Jul 2026 5:11PM
Price at Release
$0.018
Full Release
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Summary
During the June 2026 quarter, Stavely Minerals Limited focused on advancing key projects including the Thursday’s Gossan and Cayley Lode Scoping Study, which progressed significantly with all key technical work completed. The study, based on a large Mineral Resource Estimate, indicates a robust copper-gold-silver development opportunity. The Freddy’s Find project continued to show promise as a significant gold-silver discovery with diamond drilling confirming a low-sulphidation epithermal system. Additionally, the Hawkstone Project in Western Australia received government co-funding to support further exploration. Stavely Minerals also completed a successful equity placement raising A$4.0 million to fund ongoing exploration and feasibility studies.
Key Points
  • Stavely Minerals advanced the Scoping Study for the Thursday’s Gossan and Cayley Lode copper-gold-silver deposits.
  • The study is underpinned by a Mineral Resource Estimate of 60Mt at 0.58% CuEq.
  • Freddy’s Find is emerging as a significant gold-silver discovery with ongoing exploration.
  • The Hawkstone Project received EIS co-funding for further geophysics work.
  • Stavely Minerals completed an A$4.0 million equity placement to fund ongoing projects.
  • Freddy’s Find drilling confirmed a low-sulphidation epithermal system.
  • No substantive mining production activities were conducted in the quarter.
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.