JAV 50.0% 0.2¢ javelin minerals limited

COOGEE The existing mine was developed by Ramelius Resources in...

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    COOGEE

    The existing mine was developed by Ramelius Resources in 2013, with the mid-tier miner extracting 20,400 ounces from a small open pit at a grade of 4.7 g/t gold2014 with the open pit resources seemingly dwindling and the then gold price sliding towardsUS$1,200 per ounce, Ramelius closed the open pit.2020, Victory leapt onto the scene at Coogee in July, inking a farm-in agreement with Ramelius andquickly earned a 10 per cent holding in the project.2020, The acquisition of the remaining 90% interest in the Coogee Gold Project (“Coogee”) from Ramelius Resources Limited for $1 million in shares. At the Coogee project javelin has a JORC resource of 96,000T grading 3.4 g/t gold for 10,600 ounces. With a valid mining licence and no impediments. With mills close by such as Northern Star’s 1.2 million tonnes per annum Jubilee Mill 26km to the west and Silver Lake Resources’ 1.3Mtpa Randalls Mill 15km to the east. JAV has completed four phases of RC drilling totaling 135 holes for 19,136m. With gold this week close to US$2000 With copper prices on the rise are an inevitability and an accelerating demand to balance the market.


    MT IDA

    With previous success at SPX some of the board joined TNT now RDT Acquiring the Mt Ida Gold Pty Ltd from OBM for AUD 11 million It now has a substantive package of tenements adjoining the Company’s current landholding within the Mt Ida Lithium-Copper-Gold Project area. JAV with 3 tenement’s 1 pending shareholder vote. A potential 5 tenements to be granted in the Mt Ida area. JAV has completed an aerial electromagnetic survey at the Mt Ida-Ida Valley project. JAV plans to explore the area for lithium, precious metals and base metals mineralisation .ALT has been acquired by Aurenne Ularring in an off-market takeover.GR Engineering has secured a $73 million (EPC) contract with Aurenne Alt Resources at the Mt Ida gold project in Western Australia With an estimated 272,000 ounces gold and 2.1 million ounces of silver, and further exploration upside. The Mt Ida and Bottle Creek projects are rapidly developing into a promising gold project, with dominant land positions across the Mt Ida Shear and the Ballard/Zulieka Shear in the northern goldfields with multiple deposits.

    BONAPARTE

    JAV plans to explore silver and base metals with 2 tenement’s granted 1 pending. This Is 50 kilometres west of Boab Metals Limited (ASX: BML) Sorby Hills base metals project which contains a current resource estimate of 44.1 Mt @ 4.5% Lead and 0.5% Zinc75%/25% Joint Venture Partnership with China’s largest Lead smelter and silver producer. Open Pit Reserves of 494kt Lead and 17.6Moz Silver1 and growing Located close to existing infrastructure.

    This is no way financial advice. DYOR! But more so why I have put my faith in this company!
    Last edited by calculatedrisks: 24/04/22
 
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