HomeMiningJAVELIN MINERALS (ASX:JAV)

Untested Anomalies at Coogee Pose Both Opportunity and Risk for Javelin Investors

Mining By Maxwell Dee 3 min read

Javelin Minerals has identified multiple promising gold and copper exploration targets at its Coogee Gold Project in Western Australia, setting the stage for an extensive drilling campaign in 2026. The discoveries build on historical data and new geophysical surveys, highlighting significant potential near existing resources.

  • Multiple new gold and copper targets identified at Coogee Gold Project
  • 2026 drilling program includes aircore, RC, and diamond drilling
  • Targets located near existing JORC resources and world-class St Ives goldfield
  • Government Exploration Incentive Scheme funding applied for deep drilling
  • Historical data review reveals extensive untested geophysical anomalies

Emerging Potential at Coogee

Javelin Minerals has unveiled a series of new exploration targets at its Coogee Gold Project, situated approximately 50 kilometres south of Kalgoorlie in Western Australia's prolific Eastern Goldfields. This announcement follows a comprehensive technical review of historical and recent geophysical data, revealing several highly prospective gold and copper anomalies that have seen little to no prior drilling.

The Coogee Gold Project already hosts a JORC-compliant resource of 3.6 million tonnes at 1.08 grams per tonne gold, containing around 127,000 ounces of gold, alongside a copper resource of 1 million tonnes at 0.41% copper. These new targets lie adjacent to the Coogee Gold Pit and Coogee North, areas with established mineralisation but significant unexplored extensions.

Strategic Drilling Plans for 2026

Javelin plans a multi-phase drilling campaign commencing in March and April 2026, incorporating aircore drilling to systematically test magnetic anomalies west and northwest of the Coogee pit. This will be followed by reverse circulation (RC) drilling at Coogee North to explore down-plunge extensions of known gold-copper sulphide mineralisation. Additionally, diamond drilling is slated for Coogee West to investigate deep-seated magnetic and gravity anomalies interpreted as intrusive bodies that could host significant mineralisation.

The company is actively pursuing funding through the Western Australian Government’s Exploration Incentive Scheme to support the deep diamond drilling program, underscoring the strategic importance of these targets. The planned collection of detailed ground gravity data will further refine target identification, enhancing the precision of future drilling efforts.

Historical Data and Geological Context

The new targets emerged from a detailed review led by Javelin’s General Manager of Exploration and Resources, Mark Cossom, who highlighted the minimal modern exploration conducted in many areas of the tenement. Historical drilling, including shallow RAB and RC holes, often failed to penetrate fresh rock, leaving the true extent of mineralisation largely undefined.

Geophysical surveys, including airborne magnetics, have identified several magnetic highs and coincident gravity anomalies indicative of potential skarn-type mineralisation systems. These are geologically analogous to major deposits in the region, such as those at St Ives and the Golden Mile, enhancing the prospectivity of the Coogee project.

Proximity to World-Class Infrastructure

Coogee’s location near the world-class St Ives goldfield infrastructure offers logistical advantages and potential synergies. The project’s proximity to major fault systems known to host significant mineralisation further supports the likelihood of discovering additional resources. Javelin’s recent maiden RC drilling campaign at Coogee Pit in late 2024 yielded encouraging results, reinforcing confidence in the project’s upside potential.

Executive Chairman Brett Mitchell emphasised the company’s excitement about the project’s prospects, noting the “huge potential to create substantial value” as Javelin moves quickly to advance its 2026 exploration program.

Bottom Line?

Javelin’s 2026 drilling campaign at Coogee could unlock significant new gold and copper resources, but results remain to be seen.

Questions in the middle?

  • Will the upcoming drilling confirm extensions to the existing gold and copper resources?
  • How will government funding impact the scale and pace of exploration at Coogee?
  • What are the implications of the newly identified intrusive targets for future resource growth?