The agreement provides clear tenure pathways for the project, which aims for first gold and cash flow by the June quarter of 2026.

Javelin is negotiating with third-party mill operators to secure an ore purchase agreement, essential for processing and refining the mined gold.

Overall, these developments position the Eureka project as a promising new gold asset in the Kalgoorlie region, with potential for early cash flow and future growth if drilling results enhance the resource estimate.

Javelin Minerals has secured a Land Use Agreement with the Marlinyu Ghoorlie traditional owners for its Eureka gold project near Kalgoorlie, Western Australia, covering all tenements within their land, including the nearby Coogee project, which paves the way for planned mining operations in the June quarter of next year.

This agreement not only facilitates mining but also addresses Aboriginal cultural heritage protections and compensation, fostering opportunities for employment, training, and business development for the Marlinyu Ghoorlie people.

A new drilling program is planned to extend the resource and identify high-grade zones, aiming to prolong the mine's life and boost production.

Javelin will receive 50% of profits from gold sales, with $250,000 monthly pre-payments once revenue begins, and this profit share could increase to 70% if drilling uncovers additional ounces beyond current estimates.

The company's progress is supported by a previously secured mining and funding deal, which accelerates the timeline to production.

In addition to the Eureka project, Javelin is exploring other gold-copper deposits in the Eastern Goldfields region to expand its resource base and project potential.

Strategic upgrades include increasing the gold resource at the nearby Kalgoorlie gold pit and adjusting the mine plan to improve gold recovery to approximately 39,000 ounces.

Javelin has lodged a new mining lease application to expand the permitted area around the Eureka pit, enabling deeper and wider extraction to maximize resource recovery, with an indicated resource of 78,678 ounces of gold and a broader resource of 110,687 ounces.

A recent mining contract with MEGA Resources covers mining, project financing, and haulage services, with MEGA funding the operational costs, reducing Javelin's financial burden before production.