Stavely Minerals Limited has outlined a renewed focus on its gold exploration strategy at the Stavely Copper-Gold Project in Western Victoria ahead of an aggressive 2H 2025 work program. The update highlights recent drilling activities at the Fairview North and Fairview South gold prospects, now understood to form part of a mineralised structure extending over 10km from the Cayley Lode through to Fairview South. In June, the company completed a seven-hole reverse circulation (RC) drilling program at Fairview North, along with a single RC drill hole at Fairview South. At Fairview South, reconnaissance mapping and float rock-chip sampling have extended the area of interest by some 600m to the south, with assays still pending on these recent samples. These efforts are intended to refine the orientation and dip of the established gold mineralisation, thus setting the stage for a comprehensive exploration program. Technical details from historical drill results were also reiterated. At Fairview North, previous intercepts include significant shallow intercepts such as 30m at 1.4g/t gold, including an 11m section grading 2.4g/t gold, and additional intercepts with grades from 0.4g/t to over 5g/t gold in various sections. Fairview South has similarly delivered encouraging historical results, with intercepts like 42m at 1.14g/t gold from surface, including a 9m interval at 3.0g/t gold. These technical indicators suggest a classic quartz–pyrite–gold to epithermal mineralisation style, consistent with the structural controls along a north-south trending corridor intersecting a pronounced west-northwest lineament. The company’s chief executive, Chris Cairns, noted that while the high-grade Cayley Lode remains the primary asset, the gold potential within the broader tenure is equally promising. Further emphasis was placed on the scale potential of the S41 breccia-hosted prospect, with upcoming geophysical and air-core drilling programs aimed at delineating the most prospective margins of the hydrothermal system. The ability to potentially enhance the value of the Cayley Lode by integrating a sulphide concentrator circuit into a gold processing plant also adds an intriguing element to future value creation. Market sentiment appears mixed between cautious optimism and inherent early-stage exploration risks. On the bullish side, the confirmation of a 10km-plus mineralised trend, combined with historical high-grade intercepts and a clear strategic pivot to gold, supports the view that Stavely Minerals Limited is well positioned to unlock significant value. The planned aggressive drilling program in the latter half of 2025 and the technical parallels drawn with the established Cayley Lode provide a positive catalyst for future developments. Conversely, the bearish perspective emphasizes that key drill assay results remain outstanding, and the exploration at both Fairview North and Fairview South still resides in an early developmental phase, with further work needed to confirm continuity and resource potential. Overall, the exploration update from Stavely Minerals Limited establishes a solid technical groundwork and an expansive exploration plan that could serve as a meaningful inflection point, while reminding investors that, as with any early exploration project, considerable uncertainty remains until more complete assay data is available.