
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


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