Stavely Minerals Limited
SVY: Alternative Development Scenarios for Thursday's Gossan
Stavely Minerals is initiating studies to evaluate alternative development scenarios for its Thursday's Gossan copper-gold-silver deposit, including small-footprint underground, hybrid open pit/underground, and heap leaching options. This strategic move aims to optimize the project's development pathway, reduce capital expenditure, and potentially simplify permitting, following a Scoping Study that indicated a high CAPEX for the previously considered large-scale open pit. The company seeks to provide comparative information on these options to assess capital efficiency, processing rates, and revenue, ultimately aiming to maximise shareholder value.