Ann: Drilling underway at Stavely-Stawell copper-gold project, page-2

And this will coincide with a strong Au market, IMO!

"Battery Minerals Limited (ASX: BAT) (“Battery Minerals” or “the Company”) is pleased to
advise that aircore drilling has started at its 100 per cent-owned Stavely-Stawell Project in
Victoria.
The drilling campaign will comprise up to 8,000m and test some of the highly prospective
targets the Company has identified using a combination of leading-edge satellite imagery,
historic drilling results, mapping and soil geochemistry across a number of prospects.
Background on Stavely-Stawell Project
Battery Minerals completed the acquisition of the highly-prospective Stavely-Stawell Project
(exploration licence EL6871) immediately adjacent to Stavely Minerals’ (ASX:SVY)
Thursday’s Gossan copper-gold project in Victoria (figure 1) in late October 2020. The
tenement covers 721sqkm and hosts the historic Moyston gold mine, which produced
~75,000oz at 22g/t Au. The boundary of the exploration licence is also just 7km from the rich
Stawell gold mine, which has produced ~5Moz of gold to date.
The Stavely-Stawell Project is considered highly prospective for shear zone-hosted orogenic
gold deposits such as Stawell, as well as volcanic-hosted base metals mineralisation (VHMS)
and large-scale Cadia Ridgeway-type porphyry copper mineralisation, within the well-defined
Stavely volcanic belt.
Phase 1 Regional Aircore Drilling Program
The initial aircore drilling campaign targets a 10km length of the Moyston Fault (Figure 2),
where sparse historic data indicates both orogenic gold and epithermal base metal
mineralisation.
The objective is to test the basement stratigraphy where the geophysical datasets are
indicating structural complexity of the primary Moyston fault and accompanying secondary
structures that may represent potential splay mineralisation.
As further land access agreements are advanced, the programme will expand to target copper
prospects located in the unexplored Stavely Volcanics."