Javelin Minerals starts Coogee drilling program

Javelin Minerals (ASX:JAV) has begun its first drilling program at the Coogee Gold-Copper Project near Kalgoorlie in Western Australia's Eastern Goldfields. This marks the first exploration drilling since 2014. Approximately 2,500 meters of reverse circulation drilling will target mineralisation extensions and new prospects.

Overview and future outlook for Javelin Minerals

Javelin Minerals is advancing its Coogee Gold-Copper Project with a two-phase drilling program, focusing on expanding known mineralisation and exploring new targets. The project currently holds a JORC resource estimate of 126,685 ounces of gold and 4,133 tonnes of copper. With phases one and two scheduled through early 2025, Javelin aims to confirm and expand gold-copper deposits. The company expects ongoing news flow from this project as drilling progresses and results are analyzed, positioning itself for potential resource expansion.

Executive insights on Coogee project drilling

The initial phase of drilling will focus on extending known mineralisation and testing new targets around the Coogee deposit. We anticipate preliminary results by late December or January. This program is a significant step in realizing the potential of the Coogee Project.