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Stavely Minerals Limited (ASX:SVY)

ALERT: Price-sensitive ASX Announcement for SVY
Current share price for SVY : $0.012 -0.007 (-36.84%)+
Announcement
Release
19 Aug 2026 9:21AM
Price at Release
$0.019
Full Release
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Summary
Stavely Minerals Limited announced the completion of assay results from the deep diamond drill-hole STDD0002 at the Freddy’s Find Prospect, confirming significant epithermal-style gold-silver mineralization beneath previous shallow intercepts. The results showed higher grades at depth, enhancing the exploration potential at this site within the Stavely Copper-Gold Project in Western Victoria. A further drilling program is planned to evaluate the prospect's strike extent and additional targets in the area.
Key Points
  • Stavely Minerals Limited received final assay results for diamond drill-hole STDD0002, confirming significant gold-silver mineralization at the Freddy’s Find Prospect.
  • The results from STDD0002 extended previously reported intercepts at depth, with notable assays including 13.7m at 1.80g/t AuEq from 223.3m.
  • Higher gold-silver grades were identified at depth in STDD0002 compared to shallower intercepts in RC drill-hole STRC0132.
  • The findings support the identification of significant epithermal-style gold-silver mineralization at Freddy’s Find, part of the Stavely Copper-Gold Project in Victoria, Australia.
  • A follow-up drilling program of 10-12 reconnaissance RC holes is planned to evaluate the strike extent and other targets at Freddy’s Find.
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.