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
VISION & VALUES
Stavely Minerals' Vision
To create significant value for Shareholders through exploration excellence leading to discovery success.
Mission
To discover and develop the copper needed for a sustainable low-carbon future.
Values
-
At all times conduct ourselves with integrity, honesty and transparency.
-
Encourage an enjoyable and safe workplace based on technical excellence, teamwork, collaboration and diversity.
-
Deal with all stakeholders with respect and fairness, and seek to protect the environment and enrich the communities in which we work.
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
Heavily Oversubscribed Share Purchase Plan Raises $5.3M
Exceptional result exceeds recent $4m placement and underlines strong shareholder support
Successful A$4 Million Institutional Placement And Launch of A$1.5 Million SPP
-
Binding commitments received for A$4 million placement (Placement) at A$0.15 per share (Offer Price)
-
Launch of share purchase plan (SPP) to raise up to A$1.5 million, at the same price as the Placement
-
Net proceeds will be applied to exploration, resource definition drilling and working capital