Javelin Minerals (ASX: JAV) has commenced its maiden drilling programme at the Coogee Gold Project in WA’s Eastern Goldfields.
Phase One of the campaign will comprise ~2,500m of RC drilling. Phase Two is expected to start in late January following receipt and interpretation of the results from this initial ~2,500m programme.
Coogee, which hosts a JORC resource 126,685oz of gold, is located next to the world-class St Ives Goldfield. But the project has not seen a systematic exploration drilling campaign since Ramelius Resources Ltd completed mining operations in 2014.
Leading geological consultants OmniGeoX, led by Peter Langworthy, has been engaged to help design, plan and execute the drilling programmes on the priority Coogee targets.
“Brownfields exploration in WA has created substantial wealth
for investors in recent times and we believe Coogee has the potential to join this list of success stories,” Executive Chairman, Brett Mitchell, said.
“We have identified several compelling targets, and we know the mineralisation remains open. And we are drilling into a well-established gold system right on the edge of the world-class St Ives Goldfields
“Once we receive the assays, which we expect to start coming in during December, we will plan Phase Two of the programme. This means we will have steady news flow from Coogee for some time”.
Phase 1 drilling will focus on five high priority targets including below the Coogee Deposit, untested geophysical anomalies and structural trends. All drill holes are planned to test the gold-copper mineralisation along strike of the Coogee Deposit and to follow-up on anomalous gold mineralisation delineated through previous Aircore and RC drilling.
The planned drill depths for the phase 1 programme vary from 70m to 275m.
The first and second phase drilling programs have the following objectives:
- Coogee North Prospect: Increase the gold-copper mineralisation footprint from the current mined Coogee Pit to the Coogee North Prospect. Based on the recent MRE, the area hosts 2.95Mt @ 1.01 g/t Au, totalling 96,036 ounces Gold with 1.01Mt @ 0.41% Cu containing 4,122t of contained copper metal. The additional 1,650m of drilling has the potential to expand the mineralisation along the 350m trend and potentially increase the tonnage and grade of the current Coogee Resource.
- Coogee Pit Area: Delineate further gold extensions below the current Pit as the resource has not been closed off at depth. Below the Coogee Pit, the 3D modelling has outlined 357,759t averaging 1.29 g/t Au, totalling 14,841 ounces of Gold. These mineralised zones will be drill tested to determine if the gold mineralisation is continuing at depth.
- Coogee Northwest Trend: Two (RC) drillholes will test the northwest trending shear, which is parallel to the Coogee Shear zones. The Coogee Shear hosted the high-grade gold mined over Coogee by Ramelius Resources.
- Coogee South Prospect: Historical aircore drilling intercepted shallow gold mineralisation. Javelin will drill test this area to determine if mineralisation is continuous along strike.
