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Javelin Minerals Limited (ASX:JAV)

ALERT: Price-sensitive ASX Announcement for JAV
Current share price for JAV : $0.090 -0.025 (-21.74%)+
Announcement
Release
12 Mar 2026 9:39AM
Price at Release
$0.115
Full Release
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Summary
Javelin Minerals Limited announced the acquisition of the Central Yilgarn Gold Project in Western Australia, covering approximately 690 km² of highly prospective Archean greenstone belt. This acquisition, adjoining the Illaara Gold Project of Dreadnought Resources, offers Javelin significant strategic value due to the region's largely unexplored gold potential. Javelin plans to initiate exploration activities immediately, focusing on tenement E29/1306, and will conduct geophysical surveys and sampling to fast track drilling targets. The acquisition includes 100% of CY Exploration Pty Ltd and Bulga Minerals Pty Ltd, with significant consideration in JAV shares, subject to shareholder approval and specific milestone achievements. This project enhances Javelin's portfolio alongside its Coogee and Eureka projects, contributing to its strategy of expanding gold exploration within the Yilgarn Craton.
Key Points
  • Javelin acquires Central Yilgarn Gold Project.
  • Project covers 690 km² in Western Australia.
  • Located near Dreadnought's Illaara Gold Project.
  • Region is largely unexplored for gold.
  • Initial exploration to focus on E29/1306.
  • Acquisition includes CY Exploration and Bulga Minerals.
  • Consideration involves JAV shares subject to approvals.
  • Project adds to Javelin's existing Coogee and Eureka projects.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.