Gold thru A$4200 last night. Ohhh boy. Come on Matt show us the GOLD is all I can say.
Bit of TO action around Kalgoorlie to report, I see a bit more of this if you can ramp up your resource - KAL has some great ground to build from and at 6M MC? For how long.........
25/10/24
JAV - Javelin Minerals Limited today closed up 33% to finish at 0.4c on $210k stock traded.
The reason they were up today was because they announced the acquisition of the Eureka Gold Mine from Delta Lithium (DLI.asx).
Eureka is located 54km north-north-west of Kalgoorlie and contains a JORC mineral resource estimate of 2.45Mt @ 1.42 g/t Au for 112Koz.
Highlights
- Javelin to acquire Eureka Gold Mine from Delta Lithium Limited (ASX: DLI) for upfront consideration of $3m in cash and shares, plus $1m in deferred consideration shares
- The deal will deliver Javelin its second brownfields exploration project in WA’s Eastern Goldfields, close to existing infrastructure including mills with production capacity
- Eureka historical drill intercepts to be followed up in Q1 2025 drill program include 4m @ 134.52g/t Au, 3m @ 48.75 g/t Au and 4m at 32.08g/t Au
- Javelin has secured $3m in firm commitments with Shaw and Partners to fund the Eureka acquisition and the Eureka exploration programs to commence in Q1 2025
- Current JORC Mineral Resource Estimate at Eureka stands at 2.45Mt at 1.42 g/t Au totaling 112,000oz. All resources are hosted on granted historic mining leases.
- Major gold deposits such as Paddington (>4Moz) are hosted within the same greenstone lithological sequence only 20km south-east of Eureka
- Structural setting similar to Zoroastrian deposit (530Koz) at Bardoc Gold - 1.4km to the east of Eureka Gold Deposit
- Javelin is set to start drilling at its Coogee Gold project near Kalgoorlie in this quarter
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.50M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.8¢ | $14.95K | 392.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 691730 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 406382 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 691730 | 0.037 |
10 | 440265 | 0.036 |
6 | 505000 | 0.035 |
3 | 115742 | 0.034 |
2 | 300000 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 406382 | 3 |
0.039 | 210277 | 2 |
0.040 | 303308 | 3 |
0.042 | 279047 | 3 |
0.043 | 325 | 1 |
Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
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KAL (ASX) Chart |