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Javelin Minerals Limited ( (AU:JAV) ) just unveiled an update.
Javelin Minerals Limited has signed a mining contract for its Eureka gold project, fully financed by MEGA with a $25 million investment, requiring no funding from Javelin. The company will receive 50% of the profits and $250,000 in monthly prepayments, with mining operations expected to commence in the second quarter of 2026. This strategic move positions Javelin to enhance its cash flow and strengthens its market presence, as it is fully funded to accelerate exploration activities starting November 2025.
More about Javelin Minerals Limited
Javelin Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company is involved in gold mining projects and aims to leverage its strong cash position to fast-track exploration activities.
Average Trading Volume: 409,102
Current Market Cap: A$19.24M
For detailed information about JAV stock, go to TipRanks’ Stock Analysis page.