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Javelin Minerals Limited ( (AU:JAV) ) has issued an announcement.
Javelin Minerals Limited announced successful results from its maiden drilling program at the Eureka Gold Project, revealing significant mineralization next to and below the existing open pit. The findings indicate strong potential to expand the current 112,000oz resource, with follow-up drilling planned to explore these promising areas further. The results suggest opportunities for resource expansion and support Javelin’s strategy to restart mining operations at Eureka, potentially impacting the company’s market positioning and offering new opportunities for stakeholders.
More about Javelin Minerals Limited
Javelin Minerals Limited operates in the mining industry, focusing on gold exploration and production. The company is engaged in the development of the Eureka Gold Project, located near Kalgoorlie, which is a significant area for gold mining.
Current Market Cap: A$12.09M
For detailed information about JAV stock, go to TipRanks’ Stock Analysis page.