SVY 0.00% 2.2¢ stavely minerals limited

Resources Rising Stars 17/06/2020, page-15

  1. 428 Posts.
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    One of the questions at the end of the presentation was..................What is the production timeframe?

    My take on the answer
    - about 18 months drilling
    • flesh out near surface into a resource
    • flesh out u/g mine potential, to costly to do a drillout from surface
    • u/g drillout would happen during the life of the open pit mine.

    - 2 to 3 years approvals
    - 4 to 5 years to production
    During the presentation, it was mentioned a few holes would target the porphyry late this year.

    My thoughts on SVY's direction
    complete shallow drill out into a resource
    firm up u/g mine potential
    firm up potential on regional targets
    hopefully locate the porphyry
    Look for a buyer

    DYOR
    GLTAH
 
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