Stavely Minerals plans to expand its high-grade gold exploration portfolio on the eastern seaboard of Australia with acquisitions in Tasmania and Victoria.
The company’s subsidiary, Stavely Tasmania has entered into agreements to acquire Lefroy Goldfield to grow its existing Mathinna gold project in north-east of Tasmania.
Stavely identified a number of high-grade goldfields that included Leroy Goldfield during its regional review of gold potential in north-east Tasmania. This area is dominated by numerous high-grade trends.
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