Good news :):):) “After the excitement of the 100m intercept of...

Good news

“After the excitement of the 100m intercept of porphyry ‘M’ veins in SMD015, we
decided to target the next drill holes to the south of this hole. In hindsight, we should
have moved to the north, with SMD022 having encountered the thickest interval of
porphyry ‘M’ veins to date. This is great news as we were spatially constrained to the
south by our previous drilling, whereas there is no previous RC or diamond drilling to
the west and north-west. We have plenty of room for a decent sized copper-gold
porphyry system to the north-west and drilling continues with two diamond rigs.
“It is the visual geology that is now driving our progress towards the core of the
copper-gold porphyry at Thursday’s Gossan. While we certainly have a large number
of assays pending, they are not necessary to determine our next move, and the only
intercept that counts now is the discovery intercept. In that respect, we will see it
well before we get assays for it – with the only true unknown being what the gold
grade is.” – Stavely Minerals’ Managing Director Chris Cairns.