SVY 0.00% 3.4¢ stavely minerals limited

Ann: Capital Raising of up to $8.3M to Fast-Track Exploration, page-4

  1. 673 Posts.
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    “While we have convincingly demonstrated that the Thursday’s Gossan prospect is an alkalic (and therefore highly prized) copper-gold porphyry, we still do not believe investors have fully grasped the magnitude of the potential in the multiple targets we have identified within our dominant tenure position in this emerging copper-gold belt.

    “With drill testing also about to commence at the exciting Toora West porphyry target, we have the opportunity to highlight multiple discovery opportunities within the belt – and therefore to realise greater value for shareholders by emphasising that Stavely Minerals could have its foot on an entire porphyry belt rather than just one very exciting prospect. This is a key attribute that can enhance Stavely’s attractiveness to the larger gold and resources companies.

    “This is an exciting time for Stavely as we embark on what could well be the most important phase of exploration activity in the Company’s relatively short history with intensive drilling set to resume at Thursday’s Gossan and, subject to results, at Toora West and other prospects within this exciting region”

    Now just imagine a hit at TW and TG, be lucky to get anything under $5 a share
 
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