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The latest announcement is out from Javelin Minerals Limited ( (AU:JAV) ).
Javelin Minerals Limited has announced a new diamond drilling campaign at its Eureka Gold Project in Western Australia, aiming to advance towards production and cashflow by early 2026. The drilling program, overseen by newly appointed General Manager Mark Cossom, will provide crucial technical data for pit design and metallurgical characterization, supporting discussions with ore processors and extending the existing resource. The company has also secured a $4.5 million placement to fund these initiatives, highlighting its commitment to expanding its resource base and achieving early production.
More about Javelin Minerals Limited
Javelin Minerals Limited is a mining company focused on gold exploration and production, primarily operating in Western Australia. The company is engaged in developing its Eureka and Coogee Gold Projects, with a strategic emphasis on resource growth and transitioning into production.
Current Market Cap: A$30.28M
See more insights into JAV stock on TipRanks’ Stock Analysis page.