Ann: Completion of Eureka Acquisition and Board Appointment, page-2

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Completion of Eureka Gold Project
Acquisition and Board Appointment
Javelin Minerals Limited (ASX: JAV) (or “the Company” is pleased to announce that, following Shareholder
approval at the Annual General Meeting held on 29 November 2024, it has completed the 100% acquisition of
the Eureka Gold Project (Eureka Gold Project or Project), located in the Eastern Goldfields in Western Australia,
from Delta Lithium Limited (ASX: DLI) (Delta).
The brownfields Eureka Gold Project is located 54km north-northwest of Kalgoorlie in the heart of the State’s
greenstone belt. It sits 20km north-northwest of the world-famous Paddington gold mine and near several
producing mines.
The Eastern Goldfields region is considered highly prospective for gold mineralisation and contains a number
of world class historical mines and large gold mineral systems. The Eureka Gold Project is situated in a highly
fertile greenstone belt with numerous gold deposits with a number of large operating gold mines in the area.
Eureka was mined in the early 1990s and then subject to tribute mining in 2018. The majority of the gold
resource is currently hosted on granted mining leases in the immediate vicinity of the Eureka open pit, along
strike and down-dip. The mineralisation is hosted within several steeply dipping sheared zones dipping at
approximately 75 degrees to the east.
Figure 1 – Location Map showing the Eureka Project area with nearby Gold Mines and major infrastructure
Page 2
ASX Announcement
13 December 2024
The existing Eureka Gold Project Mineral Resource Estimate (MRE) stands at 2.45 Mt at 1.42g/t Au totalling
112,000 ounces of gold (
ASX Announcement 24 June 2021: TNT Mines drilling increases Eureka Resource to
112,000 oz gold). The Eureka Mineral Resource as of June 2021 based on tonnes and grades is shown in
Annexure 1. In addition to the resource, Eureka hosts outstanding exploration potential and the Company is
planning its first drilling program at Eureka to commence in early 2025