FINANCIAL REPORTS

Regional Exploration Delivers Early Encouragement as Resource Drilling Resumes at Cayley Lode

Stavely’s exploration targeting criteria proving effective in identifying ‘blind’ porphyry intrusions with hydrothermal alteration and sulphides/veining seen in initial drilling

Major Regional Exploration Program Commences Across the Stavely Copper-Gold Project

Largest regional exploration initiative since the early 1970’s set to commence this month

Significant Intercepts Below the Low-Angle Structure Highlight Future Underground Potential at Cayley Lode

Significant new high-grade assay results received from drill hole SMD159, which intersected the Cayley Lode below the Low-Angle Structure (LAS) plus agreement now reached to secure access south of the railway line from 1 December