Announcement Date: 2022-07-25
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Javelin Minerals Ltd.
Project name: Coogee
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 3m @ 0.2g/t Au from 28m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Javelin Minerals Limited (“Javelin”, ASX: JAV or “the Company”) is pleased to advise the results of an aircore (AC) drilling program at its Coogee Project (“Coogee”) near Kalgoorlie in Western Australia. Coogee is located approximately 55 kilometres south‐east of Kalgoorlie and immediately to the west of Silver Lake Resources’ Randalls Mill (Figure 3). Positive gold assay results have been received from the AC program at the Coogee West prospect located over Lake Lefroy (salt lake) defining a 1.5km gold trend. Drill hole COAC235 has returned an intersection of 3m @ 0.20 g/t from 28m including 2m @ 0.27 g/t Au. This gold intersection lies within a trend with previous Ramelius Resources drilled AC holes with values of up to 127ppb Au. Gold anomalism remains open to the south. Javelin’s AC drill program targeted areas, where historical AC drilling in 2015 by Ramelius Resources intersected anomalous bottom of hole of gold values up to 0.47g/t along a previously defined gold trend. The gold trend is further confirmed by Goldfields/Lefroy Exploration JV AC drilling, intercepting 6m @ 0.48g/t Au from 28m immediately south of Javelin’s E 26/177 tenement boundary (Figure 1).
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