Javelin Minerals Limited advised the results of an aircore (AC) drilling program at its Coogee Project near Kalgoorlie in Western Australia. Coogee is located approximately 55 kilometres southeast of Kalgoorlie and immediately to the west of Silver Lake Resources' Randalls Mill. Positive gold assay results have been received from the AC program at the Coogee West prospect located over Lake Lefroy (salt lake) defining a 1.5km gold trend.

Drill hole COAC235 has returned an intersection of 3m @ 0.20 g/t from 28m including 2m @ 0.27 g/t Au. This gold intersection lies within a trend with previous Ramelius Resources drilled AC holes with values of up to 127ppb Au. Gold anomalism remains open to the south.

Javelin's AC drill program targeted areas, where historical AC drilling in 2015 by Ramelius Resources intersected anomalous bottom of hole of gold values up to 0.47g/t along a previously defined gold trend. The gold trend is further confirmed by Goldfields/Lefroy Exploration JV AC drilling, intercepting 6m @ 0.48g/t Au from 28m immediately south of Javelin's E 26/177 tenement boundary. A total of 43 AC holes were drilled for 686 metres with holes ranging in depth from 4m to 40m.

A total of 268 composite and single metre samples were collected for Au and Cu analyses. Two main lithologies logged over the gold trend are maficultramafic and intermediate feldspar porphyries. The feldspar porphyry unit appears to form a 200 to 300m wide band trending NWSE that is broadly concordant with the structures outlined by the aeromagnetics and is associated with the intersected bedrock Au anomalies.

The feldspar porphyry is bound on either side by maficultramafics. Gold mineralisation is associated with hematite alteration proximal to the inferred lithological contact and commonly hosts minor pink calcite veins and disseminated pyrite. Importantly this is the same alteration mineral assemblage associated with copper and gold mineralisation on the Coogee Pit trend.

This suggests there is significant potential for shallow Coogee style coppergold mineralisition to occur 5 km to the west, currently obscured by Lake Lefroy salt lake.