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Stavely Minerals Ltd.
Summary
| Project: | Stavely | |
|---|---|---|
| Deposit: | Thursday's Gossan | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 7/30/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-7-2018: Stavely Minerals Ltd. announces an Exploration/Drilling Update report for its Thursday's Gossan deposit at the Stavely project. Drilling results incl. 70m @ 0.22% Cu from 375m. Stavely Minerals Limited (ASX Code: SVY – “Stavely Minerals”) is pl | |
| 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 announce further highly encouraging drilling results from its 100%-owned Thursday’s Gossan prospect in the Stavely Copper-Gold Project, located in western Victoria (Figure 1). Strong peripheral mineralisation in sulphide-rich porphyry ‘D’ veins has been intersected by drill hole SMD023, with assays including (Figures 2 and 3): Recent drilling at Thursday’s Gossan has been testing previously un-drilled magnetic features (Figure 4) interpreted to reflect hydrothermal magnetite as disseminations and porphyry ‘M’ veins as a vector to the hotter part of the mineralised system, where higher-grade copper and significantly higher-grade gold are expected. | |
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