
STAVELY PROJECT
Notice of Tenement Licence Application 006870
On 30 October 2018, Stavely Minerals Limited was formally notified that the Minister for Resources, Tim Pallas, has accepted the Company’s tender in relation to Block 3 (now EL006870) of the Stavely Mineral Exploration Tender. Stavely Minerals applied for EL006870 on 1 November 2018.

EL006870 Location Plan


08 9287 7630

Community
Stavely Minerals Limited recognises that responsible community engagement is a key part of its exploration activities, and fundamental to its future as a successful exploration and mineral development company.
We have a commitment to the communities in which we operate, and consider that sound community engagement practices provide benefits for all stakeholders, including local residents, landowners, shareholders, employees, contractors and the broader community.
We are committed to regular, open and honest communication with the community so locals are aware of our exploration activities through appropriate disclosure of information, to consult with them to obtain feedback, and to provide a mechanism for resolving any concerns or complaints they might have.
We recognise that all stakeholders with whom we engage should be treated with respect and fairness, and we seek to protect the environment and enrich the communities in which we work. Community engagement works best where it is an ongoing cumulative process enabling relationships and trust to build and strengthen over time and is essential for a viable future.
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Latest News
Standout Initial Mineral Resource Estimate for the Cayley Lode – 9.3Mt at 1.2% Cu, 0.2g/t Au and 7.1g/t Ag
Cayley Lode Indicated Resources 5.87Mt at 1.04% Cu, 0.23g/t Au and 7.0g/t Ag Cayley Lode Inferred Resources 3.4Mt at 1.6% Cu, 0.2g/t Au and 8g/t Ag
Another Outstanding High-Grade Copper-Gold Intercept at Cayley Lode
Exceptional high-grade zones grading up to 7.17% copper, 30.6g/t gold and 52g/t silver in deepest intercepts on the Cayley Lode to date; initial Mineral Resource due this quarter
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Binding commitments received for A$4 million placement (Placement) at A$0.15 per share (Offer Price)
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Launch of share purchase plan (SPP) to raise up to A$1.5 million, at the same price as the Placement
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Net proceeds will be applied to exploration, resource definition drilling and working capital