Why is Stavely Minerals (ASX:SVY) undertaking a new diamond drilling programme?

Stavely Minerals (ASX:SVY) commenced the programme to evaluate deep gold and silver potential at its Freddy's Find prospect in Western Victoria. The campaign targets deep porphyry systems and untested anomalies following earlier air-core drilling that intersected mineralisation.

What are the primary operational numbers for this Stavely Minerals (ASX:SVY) exploration project?

Stavely Minerals (ASX:SVY) plans to drill up to 12 deep reconnaissance holes during this phase of the campaign. The exploration focuses specifically on the Freddy's Find prospect area to test targets at depth.

How did the share price of Stavely Minerals (ASX:SVY) react to the drilling announcement?

The Stavely Minerals (ASX:SVY) share price remained completely unchanged at A$0.016 following the release of the operational update. Market data showed no immediate price movement after the drilling announcement.

What is the project pipeline timeline for Stavely Minerals (ASX:SVY) moving forward?

Stavely Minerals (ASX:SVY) expects to complete and release an updated scoping study for its nearby Thursday's Gossan deposit by mid-year. The drilling at Freddy's Find will run concurrently with these broader regional project advancements.

What geographic area is being impacted by the Stavely Minerals (ASX:SVY) exploration activities?

Stavely Minerals (ASX:SVY) is focusing its current exploration activities in Western Victoria, Australia, where both the Freddy's Find prospect and the Thursday's Gossan deposit are located. The company stated that these regional projects form the core of its ongoing mineral development strategy.

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Stavely Minerals begins 12-hole drilling program

Written by Heidi Cuthbert Published Jun 18, 2026, 4:49 AM

Stavely Minerals has commenced a deep diamond drilling programme at the Freddy's Find prospect in Western Victoria.
The company's share price remained unchanged at $0.016 following the operational update.
The exploration campaign aims to evaluate large-scale gold and silver potential at depth.

Stavely Minerals (ASX:SVY) commenced a deep diamond drilling programme to test gold-silver potential at its Freddy's Find prospect.

This new exploration follows earlier air-core drilling that intersected gold-silver mineralisation at the Western Victorian site.

“Freddy's Find is maturing nicely as an emerging discovery opportunity,” said Stavely Minerals Executive Chair Christopher Cairns.

The programme includes up to 12 reconnaissance holes targeting deep porphyry systems and untested anomalies.

Following the announcement, the Stavely Minerals share price was unchanged at $0.016.

The explorer continues to progress its regional mineral projects.

Stavely Minerals is also advancing an updated scoping study for its nearby Thursday's Gossan deposit due mid-year.

Stavely Minerals begins 12-hole drilling program

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