Javelin Minerals' maiden drilling program set to commence

Javelin Minerals Limited (ASX:JAV) has announced the commencement of its maiden drilling program at the Coogee Gold-Copper project in Western Australia. The exploration program is scheduled to start in the December quarter, focusing on the brownfields Coogee Gold-Copper Project. The program will include Aircore, RC, and Diamond drilling to test several compelling targets proximal to the mined Coogee Deposit, located next to the rich St Ives goldfield.

Executive Chairman's perspective on the drilling program

Javelin Executive Chairman Brett Mitchell expressed the company's enthusiasm, stating, 'Javelin Minerals is pleased to announce that we have commenced a detailed drilling program over our flagship project, Coogee in WA. Recent work in the project area has delineated significant walk-up drill targets yet to be systematically drill tested. We will be testing the recently identified gold-copper zones within the granted mining lease hosting the Coogee Gold-Copper Deposit along strike and depth.'

Overview of Coogee Gold-Copper project and outlook

Javelin Minerals is set to embark on an extensive drilling program at the Coogee Gold-Copper project, aiming to extend the known mineralization along strike and below the Coogee Pit. The project, with a JORC Resource of 3.65Mt @ 1.08 g/t Au for 126,685 ounces of gold and 1.01Mt @ 0.41% Cu containing 4,133t copper metal, remains open to the northeast and down dip, presenting strong potential for further mineralization. The company is also evaluating the potential for early cash flow from the sale or toll treatment of material from below and around the Coogee open pit to nearby operating gold mines. With negotiations advanced for a drilling-for-equity contract and the identification of untested magnetic anomalies with potential gold-copper mineralization, Javelin Minerals is poised for an active exploration phase with promising prospects for the Coogee project.