Stavely Minerals Limited Announces Significant Resource Expansion at the Stavely Copper-Gold Project
Stavely Minerals Limited (ASX: SVY) has reported a significant upgrade to the Mineral Resource Estimate at its 100%-owned Stavely Copper-Gold Project in western Victoria, strengthening the foundation for the ongoing 2026 Scoping Study. The updated resource now stands at 60 million tonnes grading 0.58% copper equivalent, comprising 0.46% copper, 0.09 g/t gold, and 2.8 g/t silver, containing approximately 280,000 tonnes of copper, 170,000 ounces of gold, and 5.4 million ounces of silver. Notably, a substantial proportion of the contained metals fall within the higher-confidence Indicated Resource category, supporting development planning.
Compared with the previous 2022 estimate, tonnage has increased by 113%, while contained copper, gold, and silver have risen by 31%, 67%, and 69%, respectively. The growth largely reflects updated metal price assumptions and the inclusion of previously unclassified mineralisation within the optimised open-pit model. The resource update is expected to underpin a potential 3 million tonnes per annum processing operation producing around 20,000 tonnes of copper-equivalent concentrate annually with an indicative mine life exceeding ten years.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Stavely Minerals Limited Announces Significant Resource Expansion at the Stavely Copper-Gold Project
Stavely Minerals Limited (ASX: SVY) has reported a significant upgrade to the Mineral Resource Estimate at its 100%-owned Stavely Copper-Gold Project in western Victoria, strengthening the foundation for the ongoing 2026 Scoping Study. The updated resource now stands at 60 million tonnes grading 0.58% copper equivalent, comprising 0.46% copper, 0.09 g/t gold, and 2.8 g/t silver, containing approximately 280,000 tonnes of copper, 170,000 ounces of gold, and 5.4 million ounces of silver. Notably, a substantial proportion of the contained metals fall within the higher-confidence Indicated Resource category, supporting development planning.
Compared with the previous 2022 estimate, tonnage has increased by 113%, while contained copper, gold, and silver have risen by 31%, 67%, and 69%, respectively. The growth largely reflects updated metal price assumptions and the inclusion of previously unclassified mineralisation within the optimised open-pit model. The resource update is expected to underpin a potential 3 million tonnes per annum processing operation producing around 20,000 tonnes of copper-equivalent concentrate annually with an indicative mine life exceeding ten years.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au