Javelin Minerals Advances Eureka Gold Project with Heritage Survey Completion

Javelin Minerals Limited (ASX: JAV) has completed a heritage survey at its Eureka Gold Project, located 50km north of Kalgoorlie, paving the way for its first drilling program. Partnering with TopDrill under a drill-for-equity arrangement, the company will undertake a 3,000m reverse circulation (RC) drilling campaign targeting high-grade gold zones beneath and around the existing open pit. Eureka sits on a granted mining lease with a JORC-compliant Resource of 112,000oz, including 62,000oz in the Indicated category. Historic drill results show grades as high as 134g/t Au, with much of the resource open along strike and at depth. Javelin is also progressing mining and economic studies for near-term extraction of ~30,000–34,000oz, supported by discussions with nearby mills for toll treatment. The project is strategically located within WA’s fertile greenstone belt, near the renowned Paddington gold mine, and has significant potential for both near-term cashflow and long-term growth.

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