Australia's Stavely Resources set for best day in 2 weeks on gold find

Stavely Minerals

24/03/2022 01:23

** Shares of Stavely Resources Ltd  SVY.AX  rise as much as
9.6% to A$0.455, set for their best day since March 8, if gains
hold 
    ** The minerals explorer says https://www.stavely.com.au/_files/ugd/18fadc_f1d5e4fe94684e8d83c3f0843d97937f.pdf
 it has confirmed the presence of high-grade gold at the Toora
West Porphyry Copper-Moly prospect in western Victoria
    ** Says that drilling has confirmed presence of
porphyry-style copper and molybdenum mineralisation as well
    ** Shares hit highest level since March 11
    ** Stock down 21.7% this year, as of last close

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))