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Javelin Minerals Limited ( (AU:JAV) ) has provided an announcement.
Javelin Minerals Limited is set to commence its first drilling program at the Eureka Gold Project near Kalgoorlie, targeting extensions of high-grade lodes and testing new exploration zones. The company’s strategic plans include assessing the potential for near-term mining of a 30,000oz Indicated Resource at Eureka, with expectations of significant shareholder value creation and cashflow generation. The project benefits from favorable government support for fast-tracking approvals, potentially leading to production within a year.
More about Javelin Minerals Limited
Javelin Minerals Limited is an exploration and mining company focused primarily on the gold industry. Their projects are concentrated in areas with significant gold deposits and potential for resource expansion.
Current Market Cap: A$18.14M
For an in-depth examination of JAV stock, go to TipRanks’ Stock Analysis page.
