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Stavely secures big slab of exploration funding

RECENT exploration success story Stavely Resources is raising A$19.6 million for its work in western Victoria following high-grade drill results at Thursday’s Gossan late last month.

Michael Quinn
Stavely has staved off any funding concerns with a big drill success in western Victoria

Stavely has staved off any funding concerns with a big drill success in western Victoria

The $19.6 million in equity is being priced at $1 per share, with capital market firms Morgans and Hartleys involved in finding investors. Stavely's exploration success - including 32m grading 5.88%...

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