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Stavely Minerals Ltd.

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Summary

Project:

Stavely

Deposit:Thursday's Gossan
Location:Australia
Commodities:Copper-Gold-Silver-Nickel
Date:11/27/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:27-11-2019: Stavely Minerals Ltd. announces an Exploration/Drilling Update report for its Thursday's Gossan deposit at the Stavely project. Drilling results incl. 11m @ 4.62% Cu, 0.57g/t Au, 25g/t Ag from 86m. Stavely Minerals Limited (ASX Code: SVY – “St
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 advise that assay results for diamond drill holes SMD054, SMD056 and SMD058, together with indications from ongoing drilling, continue to confirm and extend the shallow high-grade copper-gold discovery at the Thursday’s Gossan prospect, part of its 100%-owned Stavely Copper-Gold Project in Victoria (Figure 1). The Company has received assay results for diamond drill holestargeting shallow structurally controlled mineralisation within the Ultramafic Contact Fault (UCF) with SMD054, located 40m north-west of the discovery drill hole SMD050 (Figures 2 & 3).

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