Coogee Au-Cu Diamond Hole Intersects Key Structure

• First deep diamond hole completed at Coogee North
• Encountered highly altered and deformed geological sequence
• Planning underway for an extension or wedge hole to identify source of magnetic anomaly

Javelin Minerals Ltd has completed the first diamond hole at its Coogee Gold-Copper Project in Western Australia, aiming to test the Coogee North intrusive target. The hole, CODD001a, was drilled to a depth of 819.8 meters and intersected a sequence of volcanic and intrusive rocks consistent with those seen in the historic Coogee open pit. The drilling revealed a highly altered and deformed zone, which is considered highly promising, although the source of a large magnetic anomaly has not yet been identified. Javelin Minerals is now planning an extension or wedge hole to further investigate the anomaly. The drilling is part of a two-hole program co-funded by the WA Government Exploration Incentive Scheme (EIS).

Javelin Minerals plans to conduct further drilling to identify the source of the large magnetic anomaly at Coogee North.