Stavely Minerals reports significant high-grade copper-silver discovery at Junction prospect

Stavely Minerals Limited (ASX:SVY) has announced the results of a highly-successful 21-hole aircore drilling program at the Junction copper prospect, located 2km south of the Cayley Lode deposit within its 100%-owned Stavely Copper-Gold Project in western Victoria. The assay results from the recent drilling program have confirmed outstanding high-grade copper-silver mineralisation, with significant potential for further discovery. The company's Executive Chair and Managing Director, Mr Chris Cairns, expressed enthusiasm for the potential of the Junction Prospect, highlighting the exceptional widths and grades of copper and silver mineralisation returned, particularly for shallow aircore drilling. The new understanding of the structural controls to this shallow mineralisation at Junction may have significant implications for further discovery across the Stavely Project.

Executive commentary on the high-grade copper-silver discovery at Junction prospect

Mr Chris Cairns, Executive Chair and Managing Director of Stavely Minerals, expressed excitement about the recent assay results, emphasizing the exceptional widths and grades of copper and silver mineralisation returned from the drilling program at the Junction Prospect. He highlighted the new understanding of the structural controls to this shallow mineralisation, indicating potential for repeats to the north of the drilled high-grade copper-silver mineralisation. Mr Cairns also mentioned the largest copper-in-soil anomaly in the entire Stavely Project, located ~200m to the east of Junction, as an obvious target for testing the tension gash array as the control on mineralisation in that area. He further emphasized the fertility of the Stavely structural trend over some 30 kilometres of strike, expressing eagerness to aggressively progress the new exploration opportunities in the coming months.

Summary of Stavely Minerals' high-grade copper-silver discovery and future exploration plans

Stavely Minerals has reported significant high-grade copper-silver mineralisation at the Junction prospect, with outstanding widths and grades of copper and silver mineralisation returned from the recent drilling program. The company's new understanding of the structural controls to this shallow mineralisation at Junction indicates potential for further discovery across the Stavely Project. Stavely Minerals plans to aggressively pursue proposed follow-up activities, including diamond drilling, additional aircore drilling, and IP geophysical surveys at various prospects within the Stavely Project. The company aims to capitalize on the new exploration opportunities and the emerging recognition of the copper fertility along the ~30-kilometre long Stavely structural trend.