SVY – Stavely Minerals | Aussie Stock Forums

Latest Announcement is here.
As @Dona Ferentes says, some nice intersections, with various copper, gold and silver grades.
Assays still pending on a number of already drilled holes, while further drilling – 4 rigs – continues at “full flight” (Staveley’s words). Visuals show a 60 metre interval will be another bumper outcome.
The Cayley Lode is still open along its 1km strike and down dip.
Most mineralisation to date is found less than 200 metres down, and only one hole so far goes to 400 metres, so overall this is presently a shallow resource.
Stavely suspects zinc may predominate at depth, but as only 2 holes go below 300 metres anything is still possible.
What we know for sure is that when SVY report on SMD074 it will be equally “nice.”
Beyond that infill drilling can firm up the resource base, and step-out drilling will show us how much further the strike goes.

 

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