Stavely Minerals Limited has reported highly encouraging initial gold exploration results from its copper‐gold project in western Victoria. A reverse circulation drill hole at the Fairview South prospect (SFSRC001) intercepted a 40‐meter zone averaging 1.96 grams per tonne (g/t) of gold from surface, including an internal 17-meter interval averaging 4.18 g/t and a standout 9-meter section grading 7.15 g/t, with a 1‐meter section reaching as high as 49.2 g/t. The company notes that the Fairview South and Fairview North prospects now appear to form part of a continuous mineralised structure that extends over 10 kilometers, and further assay results from Fairview North remain eagerly awaited. Additional reconnaissance mapping and float rock-chip sampling at Fairview South further underline the potential of the area. Several samples returned gold values in excess of 1 g/t, with one rock-chip sample recording 25.60 g/t, and others showing values of 8.79, 4.49, 1.78, 1.46, and 1.13 g/t. These results, along with anomalous readings from eight additional samples and one rock-chip sample extending the mineralisation strike by approximately 400 meters, suggest that the gold system could extend 400 to 600 meters further south from the drill hole. Geochemistry and structural interpretations indicate a strong genetic relationship between the high-grade gold mineralisation and associated intermediate to felsic intrusive phases, with the prospect situated at the intersection of a north–south trending mineralised trend and a clear west–northwest cross-cutting structure near a distinct gravity low. Forward field work is set to include an intensive soil auger sampling program on 80-meter spaced lines with 20-meter intervals, which will assist in refining drill targets for the upcoming reverse circulation drilling. Chief Executive Officer Chris Cairns expressed optimism that these initial results confirm the outstanding gold potential of the project and highlight its potential for scale, underscoring the significant exploration upside. When viewed from a market sentiment perspective, the news carries a bullish tone. The strong RC drill intercepts and encouraging geochemical data, coupled with the identification of an extensive mineralised structure, provide positive technical indicators that could boost investor confidence in the project's prospects. However, some caution remains as further assay results from Fairview North are awaited and the program’s next phase of drilling and soil sampling will be critical in verifying the initial findings and refining the mineral resource model. Overall, the announcement is viewed as a promising step forward, with technical developments likely to be supportive for the company’s long-term valuation.