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Javelin Minerals Limited (ASX:JAV)

ALERT: Price-sensitive ASX Announcement for JAV
Current share price for JAV : $0.089 0.018 (25.35%)+
Release
21 Aug 2026 9:48AM
Price at Release
$0.071
Full Release
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Summary
Javelin Minerals Limited announced that drilling of two major gold-copper targets, Coogee North and Coogee West, will commence on 1 September 2026. The drilling aims to explore deep, untested magnetic anomalies associated with gold-copper mineralisation. This undertaking is supported by the WA Government's Exploration Incentive Scheme (EIS) and involves a 1,800-meter diamond drilling program. The Coogee Gold Project, located near Kalgoorlie, holds significant resource estimates and presents a promising opportunity for discovering large-scale mineralisation systems.
Key Points
  • Drilling to start on Coogee North and Coogee West targets in early September.
  • Diamond drill rig mobilised for a 6-week program, drilling to 800-1,000m depth.
  • EIS grants will co-fund the drilling program.
  • Targets have large-scale prospective gold-copper anomalies.
  • Historic drilling shows gold-copper anomalism around targets.
  • No previous deep drilling has tested these anomalies.
  • Coogee Gold Project holds a JORC Resource of 3.6Mt at 1.08g/t Au and 1Mt at 0.41% Cu.
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.