Stavely Minerals Ltd Quarterly Activities Report - September 2026
Key points
- Thursday's Gossan Scoping Study outlines robust potential copper-gold-silver development
- Estimated pre-tax NPV of A$818M and IRR of 40%
- Diamond drill-hole assay results confirm significant gold-silver mineralisation at Freddy's Find Prospect
Full summary
Stavely Minerals Ltd reported the outcomes of the Thursday's Gossan Scoping Study, which demonstrated robust economic outcomes for a potential copper-gold-silver development. The study outlines a 13-year open-pit operation producing 210,000 tonnes of copper equivalent in concentrate. The estimated pre-tax NPV is A$818 million, with an IRR of 40% and a rapid 2.5-year payback period. Additionally, diamond drill-hole assay results from Freddy's Find Prospect confirmed significant gold-silver mineralisation, extending below previous shallow intercepts. The WA Government's co-funded MLEM geophysics survey over the Hawkstone Nickel-Copper Project was in progress at the end of the quarter.
Guidance
Estimated pre-tax NPV of A$818M, IRR of 40%, 2.5-year payback period
Outlook
Stavely Minerals is evaluating alternative development options for Thursday's Gossan to maximize value for shareholders.
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