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: