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Javelin Minerals Limited (ASX:JAV)

ALERT: Price-sensitive ASX Announcement for JAV
Current share price for JAV : $0.091 -0.019 (-17.27%)+
Announcement
Release
28 Apr 2026 10:59AM
Price at Release
$0.110
Full Release
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Summary
Javelin Minerals Limited, an Australian exploration company, reported its quarterly activities and cash flow for the period ending 31 March 2026. The company has been preparing to initiate mining operations at the Eureka Gold Project, with plans to finalize a third-party processing agreement shortly. Significant exploration work is underway, with Javelin targeting new copper and gold drill sites at the Coogee Project. Additionally, Javelin has completed the acquisition of the Central Yilgarn Gold Project, expanding its exploration footprint in Western Australia. Financially, the company maintains a strong cash position of $3.55 million, supporting ongoing exploration and development activities.
Key Points
  • Preparations for mining at Eureka Gold Project are advanced.
  • Identification of new copper-gold drill targets at Coogee.
  • Acquisition of the Central Yilgarn Gold Project completed.
  • End of quarter cash balance stands at $3.55 million.
  • Javelin to receive $250,000/month cash prepayment under a profit-sharing deal.
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.