JAV: Quarterly Activities/Appendix 5B Cash Flow Report

Original announcement by asx on

Company
Javelin Minerals Limited
Ticker
JAV
Exchange
ASX
Region
Western Australia
Primary commodity
Gold
Secondary commodities
Copper
Document categories
Agreement transaction, Drill results, Permitting
Extracted
2026-10-14 01:13:38 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Javelin Minerals has entered a binding takeover deed with FirstAU Limited to consolidate Eastern Goldfields assets. The company also received final mining approval for the Eureka Gold Project and reported significant RC drill results extending high-grade gold at Eureka.

Reasoning: The document reports a major corporate transaction (takeover), a key regulatory milestone (mining approval), and significant drill results that extend known mineralisation.

Positive factors

  • Binding takeover implementation deed signed with FirstAU
  • Mining approval received for Eureka Gold Project
  • RC drilling at Eureka confirmed continuity and extended high-grade mineralisation
  • Deep diamond drilling commenced at Coogee

Negative factors

  • Termination of Eureka Right to Mine Agreement with MEGA Resources

Facts used in scoring: 8

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: RC drilling extended high-grade mineralisation along strike at the Eureka deposit.

Evidence · text

“extended high - grade mineralisation along strike at the Eureka deposit”

QA/QC Disclosedpositive

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

Why it applies: The report mentions assay results from a recently completed RC drilling program, implying standard assay protocols.

Evidence · text

“announced assay results from a recently completed reverse circulation (RC) drilling program”

Extracted facts

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

Drill Results (8)

EKRC036Eureka · goldGrade: 2.7Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
EKRC036
Project
Eureka
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
JAV

Geometry

Grade
2.7
Grade Unit
g/t
Intercept
4 m
From
91 m
To
95 m
Intercept Depth
91 m

Classification

Program
resource
Sample Type
drill
Group ID
EKRC036:91-95

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: High-grade intercept reported at Eureka.

Positive factors

  • Significant intersection

Evidence · text

“EKRC036 - 4m @ 2.7g/t Au from 91m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Figure 5 – Coogee North cross - section view of magnetic inversion model and existing Cu assay data from historic and re"

EKRC037Eureka · goldGrade: 2.3Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
EKRC037
Project
Eureka
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
JAV

Geometry

Grade
2.3
Grade Unit
g/t
Intercept
4 m
From
52 m
To
56 m
Intercept Depth
52 m

Classification

Program
resource
Sample Type
drill
Group ID
EKRC037:52-56

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: High-grade intercept reported at Eureka.

Positive factors

  • Significant intersection

Evidence · text

“EKRC037 - 4m @ 2.3g/t Au from 52m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Figure 5 – Coogee North cross - section view of magnetic inversion model and existing Cu assay data from historic and re"

EKRC022Eureka · goldGrade: 2.1Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
EKRC022
Project
Eureka
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
JAV

Geometry

Grade
2.1
Grade Unit
g/t
Intercept
5 m
From
45 m
To
50 m
Intercept Depth
45 m

Classification

Program
resource
Sample Type
drill
Group ID
EKRC022:45-50

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: High-grade intercept reported at Eureka.

Positive factors

  • Significant intersection

Evidence · text

“EKRC022 - 5m @ 2.1g/t Au from 45m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Figure 5 – Coogee North cross - section view of magnetic inversion model and existing Cu assay data from historic and re"

EKRC019Eureka · goldGrade: 2.1Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
EKRC019
Project
Eureka
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
JAV

Geometry

Grade
2.1
Grade Unit
g/t
Intercept
5 m
From
67 m
To
72 m
Intercept Depth
67 m

Classification

Program
resource
Sample Type
drill
Group ID
EKRC019:67-72

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: High-grade intercept reported at Eureka.

Positive factors

  • Significant intersection

Evidence · text

“EKRC019 - 5m @ 2.1g/t Au from 67m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Figure 5 – Coogee North cross - section view of magnetic inversion model and existing Cu assay data from historic and re"

EKRC038Eureka · goldGrade: 2Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
EKRC038
Project
Eureka
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
JAV

Geometry

Grade
2
Grade Unit
g/t
Intercept
4 m
From
64 m
To
68 m
Intercept Depth
64 m

Classification

Program
resource
Sample Type
drill
Group ID
EKRC038:64-68

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: High-grade intercept reported at Eureka.

Positive factors

  • Significant intersection

Evidence · text

“EKRC038 - 4m @ 2.0g/t Au from 64m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Figure 5 – Coogee North cross - section view of magnetic inversion model and existing Cu assay data from historic and re"

EKRC020Eureka · goldGrade: 1.2Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
EKRC020
Project
Eureka
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
JAV

Geometry

Grade
1.2
Grade Unit
g/t
Intercept
10 m
From
85 m
To
95 m
Intercept Depth
85 m

Classification

Program
resource
Sample Type
drill
Group ID
EKRC020:85-95

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Significant intersection reported at Eureka.

Positive factors

  • Significant intersection

Evidence · text

“EKRC020 – 10m @ 1.2g/t Au from 85m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Figure 5 – Coogee North cross - section view of magnetic inversion model and existing Cu assay data from historic and re"

EKRC008Eureka · goldGrade: 1.6Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
EKRC008
Project
Eureka
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
JAV

Geometry

Grade
1.6
Grade Unit
g/t
Intercept
4 m
From
47 m
To
51 m
Intercept Depth
47 m

Classification

Program
resource
Sample Type
drill
Group ID
EKRC008:47-51

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Significant intersection reported at Eureka.

Positive factors

  • Extended mineralisation closer to surface

Evidence · text

“EKRC008 returning 4m @ 1.6g/t Au from 47m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Figure 5 – Coogee North cross - section view of magnetic inversion model and existing Cu assay data from historic and re"

EKRC009Eureka · goldGrade: 0.4Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
EKRC009
Project
Eureka
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
JAV

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
1 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Low-grade intercept in deep drilling.

Positive factors

  • Intersected interpreted host structure

Negative factors

  • Low-order mineralisation

Evidence · text

“including 1m @ 0.4g/t Au in EKRC009”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Figure 5 – Coogee North cross - section view of magnetic inversion model and existing Cu assay data from historic and re"

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.