Stavely Minerals Limited

Stavely Minerals Limited

  • Location: Australia
  • Tickers:
    • ASX:SVY
  • Commodities:
    • Copper
    • Gold
  • Project Stages:
    • Exploration

Stavely Minerals Limited (Stavely Minerals) (ASX: SVY) is a mineral exploration company formed to acquire early to advanced stage exploration projects with demonstrated high potential for additional discovery.

​Stavely Minerals was founded and is operated by members of the former Integra Mining Limited management team with a track record of discovery and value creation.

On 6 May 2014, Stavely Minerals was admitted to the Official List of the ASX Limited following a successful Initial Public Offering which raised $6.1 million.

Stavely Minerals’ assets are located in western Victoria (Stavely & Ararat Projects) and north Queensland (Ravenswood Project) in Australia.

The Stavely Project hosts an Inferred Mineral Resource of 28 Mt at 0.4% copper for 110kt of contained copper (gold and silver not estimated) in a chalcocite-enriched supergene blanket.


In September 2019, the Company made a copper-gold-silver discovery at their flagship Stavely Project in western Victoria. The first diamond hole drilled to target the high-grade structurally controlled copper-gold-silver mineralisation within the Ultramafic Contact Fault (UCF) at the Thursday’s Gossan prospect returned stunning grades of up to 40% copper within a 32m wide high-grade zone.

Stavely Minerals is currently undertaking a resource drill out of the UCF mineralisation with assays received to date and the visuals from the completed holes demonstrating the growing scale and potential of the shallow copper-gold discovery, which has grown to 700m in strike length and remains open in all directions.

The Company is targeting additional high-grade structurally controlled mineralisation as well as a copper-gold porphyry at the Thursday’s Gossan prospect in the Stavely Project.

Stavely Minerals is targeting additional Sandfire-style VMS (volcanogenic massive sulphide) deposits in the Ararat Project.  The Ararat Project hosts Besshi-style VMS copper-gold-zinc mineralisation at Mt Ararat with 1.2 Mt at 2.0% copper 0.5g/t gold and 0.4% zinc in Inferred Mineral Resources. There are also indications of Stawell-style gold mineralisation at the Ararat Project.

The Ravenswood Project, north Queensland, has excellent potential for orogenic and intrusive-related gold mineralisation with four identified porphyry copper-molybdenum-gold prospects. Additionally, early stage rare earths potential has been identified in the Project.

Stavely Minerals Limited
ASX
  • asx: svy

    • -0.015 (-3.23%)

* Based on previous 24 hours performance

  • asx: svy

    • -0.03 (-6.19%)

* Based on previous 7 days performance

  • asx: svy

    • 0.035 (8.33%)

* Based on previous 12 weeks performance

  • asx: svy

    • -0.455 (-50%)

* Based on previous 12 months performance

Open 0.47500 Volume 143421
High 0.47500 52w High 0.96000
Low 0.45000 52w Low 0.36000
Close 0.45500

* 28 October 2021 (AUD)