Stavely Minerals provides update on high-grade copper mineralisation

Stavely Minerals Limited (ASX:SVY) has successfully completed a 20 drill hole aircore drilling program at the high-grade Junction copper prospect, located in Stavely Minerals' 100%-owned Stavely Project. The drilling has confirmed the geometry of high-grade copper mineralisation with multiple intercepts of visual mineralisation, including copper-gold-silver lode-style mineralisation intersected previously at Junction. Samples are currently at the lab with assay results expected in a few weeks.

Executive Commentary on Recent Aircore Drilling Program

Following on from Stavely Minerals' announcement on 3 September 2024, Mr Chris Cairns, Executive Chair and Managing Director of Stavely Minerals, stated, 'We are very pleased to provide further details of copper mineralised drill intercepts and photos from our recent aircore program at the Junction Prospect. We eagerly await the assay results to confirm our preliminary interpretations as well as rock-chip assay results for gossanous float located at surface along strike from the drilled copper mineralisation.'

Summary of Stavely Minerals' Aircore Drilling Update

Stavely Minerals has confirmed the geometry of high-grade copper mineralisation at the Junction Prospect through a successful 20 drill hole aircore drilling program. The visual mineralisation includes copper-gold-silver lode-style mineralisation intersected previously at Junction, with samples currently at the lab for assay results. The company plans to conduct a deeper diamond drilling campaign to test the depth extent of the well-defined copper mineralisation. The presence of multiple intercepts in the drill holes suggests the potential for further repetitions of similarly oriented high-grade copper mineralisation within the structural framework. Stavely Minerals eagerly anticipates the assay results and rock-chip assay results for gossanous float, which are expected near the end of September.