JAV: Coogee Au-Cu Diamond Hole Intersects Key Structure

Original announcement by asx on

Company
Javelin Minerals Ltd
Ticker
JAV
Exchange
ASX
Region
WA
Primary commodity
Gold
Secondary commodities
Copper
Document categories
Resource update, Drill results
Extracted
2026-10-01 00:13:31 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Javelin Minerals Ltd has completed the first deep diamond hole (CODD001a) at its Coogee North gold-copper target in Western Australia, drilled to 819.8m. While the drilling intersected a highly altered and deformed geological sequence consistent with the historic Coogee open pit, downhole magnetic data suggests the source of the large magnetic anomaly was not identified. Assays are pending, and the company is planning an extension or wedge hole to further test the target.

Reasoning: Javelin Minerals has completed its first deep diamond hole at Coogee North, intersecting promising geology, but the hole did not directly hit the targeted magnetic anomaly, and assay results are still pending, leading to uncertainty and plans for further drilling.

Positive factors

  • First deep diamond hole completed
  • Intersected promising altered and deformed zone
  • Geological observations consistent with historic pit
  • Planning for extension/wedge hole
  • Co-funded by EIS

Negative factors

  • Assays pending
  • Did not identify source of magnetic anomaly
  • Visual estimates are not a proxy for lab analysis

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 8

Classification and evidence

Assays Pendingnegative · Story-specific tag

No canonical definition is currently available.

Why it applies: The document explicitly states that assay results for the completed drill hole are pending.

Evidence · text

“Assays Pending”

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The mineral resource estimates provided in the document have an effective date of July 2024, making them over two years old relative to the announcement date.

Evidence · text

“Table 3 : Coogee Gold Deposit Mineral Resource Estimate by Classification as of July 2024”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Mr Mark Cossom is named as a Competent Person who has reviewed the exploration results and mineral resources.

Evidence · text

“Mr Mark Cossom who is a consultant to Javelin Minerals Ltd and is a current Member of the Australasian Institute of Mining and Metallurgy. Mr Cossom owns shares in Javelin Minerals Ltd. Mr Cossom has sufficient experience, which is relevant to the style of mineralisation and types of deposit under consideration and to the activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves”.”

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The document explicitly references the JORC Code (2012) for reporting exploration results and mineral resources.

Evidence · text

“JORC CODE (2012) Table 1”

No New Drill Resultsnegative · Story-specific tag

No canonical definition is currently available.

Why it applies: The announcement states multiple times that no new assay results are being reported from the current drilling program.

Evidence · text

“No new results are reported in this ASX Release.”

Exploration Drillingneutral · Story-specific tag

No canonical definition is currently available.

Why it applies: The drilling program is described as testing 'major intrusive gold - copper targets' and 'large geophysical anomalies remain untested by previous drilling'.

Evidence · text

“First deep diamond hole completed to test the first of two major intrusive gold - copper targets at Coogee North”

Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

Drill Results (1)

CODD001Coogee NorthView all details
Link to this fact

Identity

Hole ID
CODD001
Project
Coogee North
Region
wa
Reported Region
wa
Ticker
JAV

Geometry

Hole Depth
819.8 m

Classification

Program
exploration
Sample Type
drill

Location

Easting
392960
Northing
6555400
CRS
GDA94 MGA Zone 51
EPSG
28351
Elevation
300 m
Azimuth
44 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, umpire

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The first deep diamond hole was completed, intersecting promising geology, but assays are pending and the primary target was not directly hit, leading to further planned drilling.

Positive factors

  • First deep diamond hole completed
  • Intersected promising altered and deformed zone
  • Geological observations consistent with historic pit
  • Planning for extension/wedge hole

Negative factors

  • Assays pending
  • Did not identify source of magnetic anomaly

Evidence · table

“CODD001”

Context: 819.8

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Resource Estimates (7)

indicatedCoogee · goldTonnes: 15816Grade: 1.17Grade Unit: g/tContained Metal: 593Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Coogee
Commodity
gold
Region
wa
Reported Region
WA
Ticker
JAV

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Mark Cossom
Resource group id
resource:3f7828e1ac2fea787f3b
Material type
Supergene

Resource Data

Category
indicated
Tonnes
15816
Grade
1.17
Grade Unit
g/t
Contained Metal
593
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2024-07-01

Lab

Laboratory
Bureau Veritas

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-07-01T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This is a historical Indicated resource estimate for supergene gold, providing context but not new information.

Positive factors

  • Resource is in Indicated category
  • QP/CP signed off on estimate
  • JORC compliant

Negative factors

  • Estimate is historical
  • Low contained metal

Evidence · table

“1.17”

Context: 15,816

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.2 years before this release

indicatedCoogee · goldTonnes: 947426Grade: 1.31Grade Unit: g/tContained Metal: 39969Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Coogee
Commodity
gold
Region
wa
Reported Region
WA
Ticker
JAV

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Mark Cossom
Resource group id
resource:c7d05af5b57f31e45d39
Material type
Primary

Resource Data

Category
indicated
Tonnes
947426
Grade
1.31
Grade Unit
g/t
Contained Metal
39969
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2024-07-01

Lab

Laboratory
Bureau Veritas

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-07-01T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This is a historical Indicated resource estimate for primary gold, providing context but not new information.

Positive factors

  • Resource is in Indicated category
  • QP/CP signed off on estimate
  • JORC compliant

Negative factors

  • Estimate is historical

Evidence · table

“1.31”

Context: 947,426

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.2 years before this release

inferredCoogee · goldTonnes: 24601Grade: 0.56Grade Unit: g/tContained Metal: 445Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Coogee
Commodity
gold
Region
wa
Reported Region
WA
Ticker
JAV

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Mark Cossom
Resource group id
resource:329ed4ed3aafd14adc1f
Material type
Supergene

Resource Data

Category
inferred
Tonnes
24601
Grade
0.56
Grade Unit
g/t
Contained Metal
445
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2024-07-01

Lab

Laboratory
Bureau Veritas

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-07-01T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This is a historical Inferred resource estimate for supergene gold, providing context but not new information.

Positive factors

  • QP/CP signed off on estimate
  • JORC compliant

Negative factors

  • Estimate is historical
  • Resource is Inferred category
  • Low contained metal

Evidence · table

“0.56”

Context: 24,601

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.2 years before this release

inferredCoogee · goldTonnes: 2666988Grade: 1Grade Unit: g/tContained Metal: 85677Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Coogee
Commodity
gold
Region
wa
Reported Region
WA
Ticker
JAV

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Mark Cossom
Resource group id
resource:edfe77d7d8b5ef16f30c
Material type
Primary

Resource Data

Category
inferred
Tonnes
2666988
Grade
1
Grade Unit
g/t
Contained Metal
85677
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2024-07-01

Lab

Laboratory
Bureau Veritas

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-07-01T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This is a historical Inferred resource estimate for primary gold, providing context but not new information.

Positive factors

  • QP/CP signed off on estimate
  • JORC compliant

Negative factors

  • Estimate is historical
  • Resource is Inferred category

Evidence · table

“1.00”

Context: 2,666,988

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.2 years before this release

inferredCoogee · copperTonnes: 330366Grade: 5546Grade Unit: ppmContained Metal: 1832Contained Unit: tonnes cuHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Coogee
Commodity
copper
Region
wa
Reported Region
WA
Ticker
JAV

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Mark Cossom
Resource group id
resource:b5c1437baaa621543673
Deposit or zone
Gold Domain
Material type
Primary within Gold Domain

Resource Data

Category
inferred
Tonnes
330366
Grade
5546
Grade Unit
ppm
Contained Metal
1832
Contained Unit
tonnes cu
Cutoff Grade
2000
Cutoff Unit
ppm Cu

Prior Estimate

Resource Date
2024-07-01

Lab

Laboratory
Bureau Veritas

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-07-01T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This is a historical Inferred resource estimate for primary copper within the gold domain, providing context but not new information.

Positive factors

  • QP/CP signed off on estimate
  • JORC compliant

Negative factors

  • Estimate is historical
  • Resource is Inferred category

Evidence · table

“5,546”

Context: 330,366

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.2 years before this release

inferredCoogee · copperTonnes: 271745Grade: 3619Grade Unit: ppmContained Metal: 983Contained Unit: tonnes cuHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Coogee
Commodity
copper
Region
wa
Reported Region
WA
Ticker
JAV

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Mark Cossom
Resource group id
resource:b42e7c4f41869ab58a12
Material type
Supergene

Resource Data

Category
inferred
Tonnes
271745
Grade
3619
Grade Unit
ppm
Contained Metal
983
Contained Unit
tonnes cu
Cutoff Grade
2000
Cutoff Unit
ppm Cu

Prior Estimate

Resource Date
2024-07-01

Lab

Laboratory
Bureau Veritas

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-07-01T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This is a historical Inferred resource estimate for supergene copper, providing context but not new information.

Positive factors

  • QP/CP signed off on estimate
  • JORC compliant

Negative factors

  • Estimate is historical
  • Resource is Inferred category
  • Low contained metal

Evidence · table

“3,619”

Context: 271,745

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.2 years before this release

inferredCoogee · copperTonnes: 415494Grade: 3144Grade Unit: ppmContained Metal: 1306Contained Unit: tonnes cuHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Coogee
Commodity
copper
Region
wa
Reported Region
WA
Ticker
JAV

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Mark Cossom
Resource group id
resource:2e123e183fff83156402
Deposit or zone
Gold Domain
Material type
Primary without Gold Domain

Resource Data

Category
inferred
Tonnes
415494
Grade
3144
Grade Unit
ppm
Contained Metal
1306
Contained Unit
tonnes cu
Cutoff Grade
2000
Cutoff Unit
ppm Cu

Prior Estimate

Resource Date
2024-07-01

Lab

Laboratory
Bureau Veritas

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-07-01T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This is a historical Inferred resource estimate for primary copper outside the gold domain, providing context but not new information.

Positive factors

  • QP/CP signed off on estimate
  • JORC compliant

Negative factors

  • Estimate is historical
  • Resource is Inferred category
  • Low contained metal

Evidence · table

“3,144”

Context: 415,494

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.2 years before this release

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.