Stavely Minerals Focuses on Breccia-Hosted Gold and Copper-Silver Targets for 2025

Key Highlights

• Preparations for an IP geophysical survey at the S41 gold prospect.
• Drilling identifies breccia-hosted gold mineralization at S41, with parallels to Mount Leyshon and Kidston deposits.
• Junction Prospect reveals copper-silver mineralization at depth, but further optimized drilling required.

Stavely Minerals Limited (ASX: SVY) is sharpening its focus on key exploration targets within its 100%-owned Stavely Copper-Gold Project in Victoria. The company has outlined plans for a comprehensive Induced Polarisation (IP) geophysical survey at the S41 gold prospect and is refining its strategy for further drilling at the Junction copper-silver discovery.

S41 Breccia-Hosted Gold Prospect: Early Potential

The S41 prospect, spanning 2 km by 750 m, is emerging as a promising breccia-hosted gold target. Initial exploration, including air-core and diamond drilling, has confirmed gold mineralization, albeit in scattered intervals. Highlights include:

• 4 m at 2.21 g/t gold from 96 m, including 2 m at 3.92 g/t gold from 98 m in air-core hole STAC115.
• 1 m at 2.16 g/t gold and 2.6 g/t silver from 282 m in diamond hole STDD001.

S41 exhibits geological features analogous to notable deposits like Mount Leyshon and Kidston in Queensland. These systems are known for their scale but often pose challenges due to inconsistent gold distribution.

Stavely Minerals’ (ASX: SVY) planned IP survey aims to identify sulphide-rich zones associated with late-stage gold mineralization, potentially improving target precision for future drilling campaigns.

Junction Prospect: Copper-Silver Potential Below the Surface

Located 2 km south of the Cayley Lode Deposit, the Junction Prospect has shown high-grade copper-silver mineralization in recent air-core drilling, including:

• 14 m at 3.24% copper and 34.5 g/t silver, including 8 m at 4.62% copper.
• 20 m at 2.48% copper and 24.4 g/t silver, including 4 m at 5.10% copper.

However, two diamond drill holes completed in late 2024 yielded less promising results due to suboptimal drill angles and procedural sampling issues. Despite these challenges, visual evidence suggests mineralization persists 150 meters below prior intercepts.

The company is actively pursuing better access to set up optimal drilling locations and improve orientation relative to mineralized zones.

Geophysical Insights Bolster Exploration Strategy

Stavely Minerals’ (ASX: SVY) use of proprietary Falcon Gravity Gradiometer© data has enhanced its ability to interpret subsurface structures. At S41, gravity highs within a regional low and magnetic lows within a regional high suggest hydrothermal destruction of magnetite, a common indicator of mineralized systems.

While Stavely Minerals’ (ASX: SVY) market performance has lagged, with a 50% drop in share price over the past year, the company remains committed to unlocking value at its flagship projects. The S41 and Junction prospects represent prospective yet significant growth opportunities, particularly as the global demand for energy metals accelerates.

Stavely Minerals’ (ASX: SVY) methodical approach to exploration at S41 and Junction demonstrates its commitment to identifying large-scale mineral systems. By leveraging advanced geophysics and refining drilling strategies, the company is well-positioned to capitalize on its discoveries in 2025 and beyond.