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
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Latest News
Outstanding Assays of up to 10% Copper, 25g/t Gold and 2,540g/t Silver within Latest Wide Drill Intercepts Confirm North-Western Extension of the Cayley Lode
Strike extent of the Cayley Lode confirmed to 900m with further assays pending; Additional intercept interpreted to be the Copper Lode Splay at shallow depth
Early-Stage Air-core Drilling Results Point to New Porphyry Discovery at Toora West
Encouraging indications from shallow air-core drilling ~15km NW of the Thursday’s Gossan Prospect highlight “province-scale” exploration potential across Stavely’s tenure
More Wide Intercepts Confirm Cayley Lode Extension
Strike extent of resource definition area confirmed to 850m with further assays pending; Plus, clasts of copper mineralised porphyry in breccia provide strongest evidence to date of a mineralised porphyry underlying the Thursday’s Gossan prospect