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Javelin Minerals begins diamond drilling in Australia to expand gold resources ahead of a planned June 2026 mine start.
Javelin Minerals is starting diamond drilling near Kalgoorlie, Australia, to explore the underexplored Eureka North area, aiming to expand its gold resource and support a planned June 2026 mine start.
The initial program includes two 350-meter holes to assess structural controls on high-grade zones, following historical intercepts up to 134.52g/t gold.
A follow-up reverse circulation drill campaign is set for February 2026.
The project, backed by a land use agreement and a mining contract with MEGA Resources, is expected to achieve cashflow-positive operations through advance payments.
Processing arrangements with nearby mills are underway, with a gold pour targeted in late 2026.
Javelin Minerals comienza la perforación de diamantes en Australia para expandir los recursos de oro antes de un inicio de la mina previsto para junio de 2026.