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Stavely Minerals wins Craig Oliver Award at RIU Explorers Conference

The award is presented in memory of Craig’s lasting contribution to Australian mining over the course of his 20-year career.

Stavely Minerals Ltd - Stavely Minerals wins Craig Oliver Award at RIU Explorers Conference
Craig Oliver was tragically killed in the Sundance plane crash in the Congo, 2010

Stavely Minerals Ltd (ASX:SVY) has taken out the prestigious Craig Oliver award at the 19th RIU Explorers Conference in Fremantle, Western Australia.

Chanelle Oliver presented the award and said that 2020 marked the 10th anniversary of the tragic Sundance Resources plane crash in the Congo in which Craig and all 10 people on board died.

“Mining is a risky business to say the least and 10 years on we have a new focus for 2020 going forwards.

“We’re seeing a shift in mining towards sustainability and accountability, it’s called looking after people, planet and profits.

“This includes accountability for emissions, management of water, leaving enduring benefits for the communities in which they operate and of course providing safe and healthy workplaces.”

An Australian all-rounder

Oliver said it was great to see Australian mining companies informing the public and investors of positive impacts and economic benefits locally, regionally and nationally.

She said: “This award is presented to an Australian Mining company who, like Craig, is an all-rounder which has excelled in exploration, mining, corporate, market results, environmental and community over the past 12 months.”

Finalists also included Alkane Resources Limited (ASX:ALK), Bellevue Gold Ltd (ASX:BGL), Image Resources NL (ASX:IMA) and Gold Road Resources Ltd (ASX:GOR).

“Hard work, commitment and professionalism”

Stavely Minerals executive chairman and managing director Chris Cairns acknowledged the outstanding list of nominees for this year’s award.

He said: “This award is recognising companies who excel across a large spectrum of performance criteria, and I’m sure you all agree that it’s impossible to achieve that without a great team.

“I’d like to accept this award on behalf of all the dedicated members of our team – it is their continued hard work, commitment and professionalism that got us to this point.”

Next generation of copper provinces

Cairns said the company was resilient, drilling a 1.8-kilometre deep diamond hole in its Victorian Stavely tenement that took seven weeks to drill and cost in excess of $700,000 before finding the Thursday’s Gossan discovery (intercepting 32 metres at 5.88% copper, 1 g/t gold and 58 g/t silver from 62 metres drill depth).

“I would like to thank the board of Stavely Minerals for their support of my recommendation that we embark on this journey.

"In hindsight, I don’t think any of us really knew what we were up against technically and otherwise.

 “I’m confident our project will become one of Australia’s next generation of great copper provinces.”

Quick facts: Stavely Minerals Ltd

Price: 0.635 AUD

Market: ASX
Market Cap: $135.76 m

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