Javelin Minerals' Licence Renewal Announcement

Javelin Minerals Limited (ASX: $JAV) has received approval from the Regional NSW - Mining, Exploration and Geoscience (MEG) for the renewal of Licences EL 8667 and EL 8666 for an additional 3 years, extending the expiry date to 30 October 2026. The Company's exploration activities on the Husky Licence in 2023 confirmed the presence of weathered ultramafic rocks with elevated precious and base metals, while the Malamute Licence covers a significant area of the Minnemorong Intrusive Complex (MIC) with promising drilling results. The Company's Executive Director, Matthew Blake, can be contacted for further information on +61 419 944 396 or by visiting www.javelinminerals.com.au.

Executive Commentary

The extension of the Husky and Malamute exploration licences is a significant development for Javelin Minerals. The confirmation of geochemically elevated precious and base metals on the Husky Licence and the promising drilling results on the Malamute Licence provide a strong foundation for our continued exploration activities. We are excited about the potential of these projects and look forward to further follow-up activities in 2024. The Company remains committed to responsible and sustainable exploration practices in line with regulatory requirements and industry best practices.

Summary of Licence Renewal and Exploration Activities

Javelin Minerals Limited (ASX: $JAV) has successfully secured the renewal of Licences EL 8667 and EL 8666 for an additional 3 years, allowing the Company to continue its exploration activities in the Husky and Malamute projects until 2026. The confirmation of geochemically elevated precious and base metals on the Husky Licence and promising drilling results on the Malamute Licence provide a positive outlook for the Company's exploration efforts. With a focus on responsible and sustainable exploration practices, Javelin Minerals is well-positioned to leverage the potential of these projects and contribute to the development of mineral resources in the region.