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Javelin Minerals Limited (ASX:JAV)

ALERT: Price-sensitive ASX Announcement for JAV
Current share price for JAV : $0.070 -0.02 (-22.22%)+
Announcement
Release
16 Jul 2026 9:45AM
Price at Release
$0.090
Full Release
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Summary
Javelin Minerals Limited reported positive assay results from its recent reverse circulation (RC) drilling program at the Eureka Gold Project in Western Australia. The drilling successfully extended known mineralisation along strike and confirmed continuity of the resource, which stands at 2.04Mt at 1.69g/t Au for 110,687oz. Significant intersections include high-grade mineralisation at shallow depths, such as 4m at 2.7g/t Au and 5m at 2.1g/t Au, indicating excellent continuity. The RC program also tested down-plunge extensions, encountering promising signs of mineralisation at depth. Recent approvals for water extraction and vegetation clearing are notable steps forward in the project's development. The high continuity and shallow depth nature of the mineralisation make Eureka an attractive deposit for mining and exploration.
Key Points
  • Positive assay results from RC drilling at Eureka Gold Project.
  • Continuity of mineralisation confirmed, resource stands at 2.04Mt at 1.69g/t Au.
  • Significant high-grade intersections include 4m at 2.7g/t Au.
  • Drilling extended known mineralisation along strike and confirmed continuity.
  • Down-plunge extensions tested, showing promising mineralisation at depth.
  • Approvals for water extraction and vegetation clearing received.
  • Eureka's mineralisation is shallow and continuous, enhancing mining potential.
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.