Meanwhile, assays from 600m further north on the north-west zone didnโt replicate past high-grade results, suggesting more work is needed to unravel the structural complexities there.
Javelin Minerals executive chairman Brett Mitchell said: โThese results highlight the opportunity to expand the existing resource and with further successful drilling from the next campaign, could form part of our broader strategy for our planned restart of mining at Eureka.โ
The fresh hits have armed Javelin with a swag of juicy targets, setting the stage for a multi-pronged follow-up campaign aimed at chasing shallow extensions, probing deeper plunging zones and ultimately growing the resource.
The company says if the follow-up drilling backs up these early results, it could hold the key to unlocking a fast-tracked restart of gold production at Eureka.
Javelinโs next moves include infill and extensional drilling on the southern oxide zones, deeper reverse circulation and diamond drilling to chase the northern plunge, and fresh structural work to better target future programs.
Eurekaโs current resource clocks in at 2.45 million tonnes at 1.42g/t gold for 112,000 ounces, including 62,000 ounces in the indicated category.
Javelin says it is advancing engineering and permitting work to kick off mining of about 34,000 recoverable ounces from the southern end of the open pit and is in discussions with local contractors and nearby third-party plants for potential toll treatment of the ore.
With high-grade gold in hand, a near-term mining plan in motion and exploration targets multiplying by the week, Javelin appears to be lining up Eureka for a golden return to form.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
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