The review highlighted the substantial exploration upside at the project, which sits near the world-class St Ives goldfield, ~50km south of Kalgoorlie.
The project hosts a resource of 3.6Mt at 1.08g/t gold for 127,000oz of gold and 1Mt at 0.41% copper for 4,122t of copper, on a granted mining license
This data review uncovered large geophysical anomalies which correlate to geochemistry and geological structures associated with mineralisation at Coogee.
The anomalies are also coincident with widespread gold and gold-copper anomalism as shown in shallow historic drilling, at Coogee North and Coogee West.
Javelin Minerals says the potential of these anomalies is further highlighted by the known presence of magnetite, which is closely associated with gold mineralisation at the project.
Notably, while extensive drilling was undertaken on the Coogee mineral resource area, much of the remainder of the tenement has only been subjected to limited levels of regional exploration – including no deeper drilling.
The company is now planning drill testing of the new gold and copper-gold targets for early Q1 2026.
The recent historic exploration data review was undertaken by experienced WA goldfields geologist and the company’s new GM of exploration and resources Mark Cossom – who has certainly hit the ground running.
“These targets are clearly compelling exploration opportunities, as shown by the strength of the geophysical signatures, the coincident geochemistry and the highly favourable geological settings,” JAV executive chairman Brett Mitchell said.
“To have Mark Cossom recently join our team and lead this review to generate these priority exploration targets is very exciting for the company and its shareholders.
“The wider project area has been exposed to very little exploration and basically no deeper drilling, with the previous focus having been on establishing near-term mineable ounces.
“We have the advantage of being able to step back and review the wider potential. We know the project hosts extensive gold mineralisation and there is already a copper resource.
“When these factors are combined with the geophysical and geochemical anomalies we have identified, the upside is substantial at our two priority exploration areas at Coogee North and Coogee West.
“Given this strong potential, we are now devising a drilling program aimed at testing these targets at the same time as we seek to grow the existing resources.”
The company is well-funded to pursue the exploration campaign having recently undertaken a $4.5 million share placement.
