Stavely Minerals Ltd. Stock Analysis SVY.AX

Stavely Minerals Ltd. engages in mineral exploration activities. The company is headquartered in Nedlands, Western Australia. The company went IPO on 2014-05-07. The company is focused on the exploring for copper, gold and silver at the Stavely and Ararat Projects in western Victoria, and nickel, copper and cobalt at the Hawkstone Project in west Kimberley, in northern Western Australia. The Stavely Project, covering an area of approximately 1,000 square kilometers (km2) over the prospective Stavely Volcanic Belt in western Victoria, includes a 100% owned retention license RL2017, 100% owned exploration licenses EL6870, EL7347, EL7921, EL7922, EL7923 and EL7924 and the Black Range Joint Venture license EL5425. The Ararat Project comprises a retention license, RL2020, covering an area of approximately 26km2. The Ararat Project is located on part of the western margin of the Stawell-Bendigo Zone, which is part of the western Lachlan Fold Belt. Its Hawkstone Project covers an area of 1,100 km2 over prospective stratigraphy in the west Kimberley, in northern Western Australia.