Javelin Minerals Boosts Eureka Gold Recoverable Ounces, Lifts 2026 Production Outlook

Javelin Minerals Limited (ASX: JAV) announced a 15% increase in recoverable gold ounces to ~39,000oz at its Eureka Gold Project in Western Australia, accompanied by a 32% grade increase to 1.98g/t Au . The revision follows an updated Indicated Resource of 1.36Mt @ 1.8g/t Au for 78,678oz, which underpins the company’s 2026 production and cash flow plan. Ore to be mined has decreased by 20% to 698,887 tonnes, supporting more substantial operating margins.

The company is in advanced discussions with mining contractors and nearby mills, including the Paddington Mill 20km south, to facilitate near-term mining. Recent RC drilling confirmed extensions of mineralisation beyond the existing pit, highlighting upside potential for further resource growth. A follow-up drilling program is being planned to target down-dip and lateral extensions, reinforcing Javelin’s strategy to unlock higher-grade ounces and deliver early cash flow for shareholders.

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