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
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
More High-Grade Copper-Gold-Silver Intercepts in the Cayley Lode to Support Maiden Resource Estimate
Thick zones of strong Cayley Lode mineralisation intersected grading up to 6.86% Cu
Toora West Strong Evidence of Emerging Porphyry Discovery
Further encouraging indications from shallow air-core drilling ~15km NW of the Thursday’s Gossan prospect provide a strong target for deeper diamond drilling