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Stavely Minerals Ltd.

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Summary

Project:

Stavely

Deposit:Thursday's Gossan
Location:Australia
Commodities:Gold-Silver-Copper
Date:8/1/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:1-8-2019: Stavely Minerals Ltd. announces an Exploration/Drilling Update report for its Thursday's Gossan deposit at the Stavely project. Drilling results incl. 74m @ 0.31% Cu from 531m. Stavely Minerals Limited (ASX Code: SVY – “Stavely Minerals”) is ple
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Chris Cairns (Internal)
ABSTRACT:Stavely Minerals Limited (ASX Code: SVY – “Stavely Minerals”) is pleased to report further assays from recently completed diamond drilling at the Thursday’s Gossan prospect, part of its 100%-owned Stavely Copper-Gold Project in western Victoria (Figures 1, 2 and 3), where recent drilling continuesto provide the Company with confirmation of a strong vector to the target porphyry at depth. The latest results, from wedge hole SMD045W2, provide further evidence of the consistency of higher grade mineralisation hosted within the North-South Structure (NSS) and confirm the strong southerly plunge of this zone, providing a clear vector to the targeted causative porphyry at depth. Diamond drill hole wedge SMD045W2, drilled to target the (North-South Structure) NSS below the intercept reported in SMD045, has returned a broad zone of moderate grade copper and several higher-grade copper-gold intercepts.

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