Stavely Minerals Announces Gold-Silver Discovery at Freddy's Find
Key points
- Assay results confirm significant gold-silver mineralization at depth
- Diamond drill-hole STDD0002 extended previous intercepts at higher grades
- Company plans further exploration to evaluate the extent of the discovery
Full summary
Stavely Minerals Ltd. has announced assay results from diamond drill-hole STDD0002 at the Freddy's Find Prospect within the Stavely Copper-Gold Project in Western Victoria. The results confirm significant epithermal-style gold-silver mineralization at depth, extending below the previously reported shallow gold-silver intercepts. The drill-hole successfully extended the previously reported intercepts with results including 13.7m at 1.80g/t AuEq from 223.3m drill depth. The company plans to conduct additional reconnaissance RC drilling to further evaluate the strike extent of the epithermal target and test other nearby targets. The discovery adds to the company's copper-gold-silver discovery at the Cayley Lode in 2019.
Outlook
The company plans to conduct additional reconnaissance RC drilling to evaluate the strike extent of the epithermal target and test other nearby targets. Further exploration is expected to provide more insights into the potential of the discovery.
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