Stavely Minerals

Financials:

Primary ticker: ASX:SVY
Stage of development: Exploration, Development
Primary minerals: Copper, Gold
Project to promote: Stavely Project
Project location: Australia
Website: www.stavely.com.au

Stavely Minerals Limited (ASX:SVY) is a mineral exploration company targeting high-grade structurally controlled copper-gold mineralisation as well as porphyry mineralisation at the Stavely Project, in western Victoria.

In September 2019, Stavely Minerals made a copper-gold-silver discovery at the Cayley Lode at the Thursday’s Gossan prospect with grades of up to 40% copper within a 32m wide high-grade zone at 5.88% Cu, 1.00g/t Au and 58g/t Ag from 62m. The current mineral resource is 9.3Mt at 1.2% Cu, 0.23g/t Au and 7.1g/t Ag.

The Company is currently looking to drill test other prospective positions and extend the Lode-style mineralisation while also targeting a causative porphyry at depth.

Cash: AUD$7M
Debt: AUD$1.6M


Major shareholders:

Peter Ironside – 9.9%
Jupiter Asset Management – 5.5%
Andrew Forrest – 4.0%
Chris Cairns – 2.6%
Acorn Capital – 2.5%
Management Ownership – 14.9%%

Management Profile

Christopher Cairns – Executive Chair and Managing Director
Christopher Cairns completed a First Class Honours degree in Economic Geology from the University of Canberra in 1992. Mr Cairns has extensive exploration and mine development experience having worked for BHP Minerals in Queensland and the Philippines, Aurora Gold in Borneo, LionOre in WA and Sino Gold in China.

Mr Cairns is best known as the former Managing Director of Integra Mining Limited having taken Integra from successful WA gold explorer to producer. In January 2013, Integra was taken over by Silver Lake Resources Limited for $426 million.

Mr Cairns is a Fellow of the Australian Institute of Mining and Metallurgy, a Fellow of the Australian Institute of Geoscientists, a Member of JORC, is the Chair of the Australian Prospectors and Miner’s Hall of Fame, is Non-Executive Chair of E79 Gold Mines (ASX:E79) and is Executive Chair and Managing Director of Stavely Minerals Limited (ASX:SVY).

What is your rationale for taking part in 121 Mining Investment?

Stavely Minerals is seeking to introduce investors to the Stavely Project. Stavely Minerals is only interested in discussions with potential equity investors and is not interested in hybrid finance such as equity draw-down facilities or convertible notes.

What recent news would you like to highlight to investors attending?

4 October 2022 – Stavely to Test Newly Identified REE Target
14 June 2022 – Initial Mineral Resource Estimate for the Cayley Lode
27 April 2022 – Another Outstanding High-Grade Copper-Gold Intercept at Cayley Lode

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Recommence field programmes with regional targets, near-resource targets and resource extension opportunities to be drill tested

6 Months:
Test for the deep porphyry and the new REE target

12 Months:
Make another discovery

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Volatility in equity markets

What do you think makes your company such a compelling investment?

We have a high-grade copper-gold discovery in a first-world jurisdiction

What are the top 3 key investor takeaways?

High-grade copper-gold discovery, first-world jurisdiction, excellent porphyry discovery potential