Matthew Blake

ASX-listed explorer, Victory Mines, has moved to bolster its board and management as an RC drilling program gets underway at its joint-ventured high-grade Coogee gold project about 50km south-east of Kalgoorlie. Non‐Executive Director Matthew Blake has stepped up to the role of Executive Director of the Perth-based company taking on extra responsibilities, while Zaffer Soemya has been appointed as a Non‐Executive Director.

ASX-listed explorer, Victory Mines, has fired up the drill bit at its joint-ventured historic Coogee gold project about 55km south-east of Kalgoorlie as it looks to tease out high-grade extensions aiming to build on the resource left by its JV partner more than six years ago. That inferred and indicated resource estimate stands at 96,000 tonnes grading 3.4 grams per tonne for 10,600 ounces of contained gold.

Victory Mines has completed the purchase of the Coogee gold project with the company expediting the terms of its farm-in agreement through a share purchase agreement. The company will issue the current holders of the project, Ramelius Resources, $1 million in shares to deliver full ownership to Victory Mines.

ASX-listed Victory Mines is off to a flying start at its Coogee gold project in Western Australia, with initial drill results from its maiden program over the prospect returning a bevy of high-grade gold hits including an eye-catching 8m at 13.53 g/t from 92m and 2m at 13.82 g/t gold from 102m down-hole.

Victory Mines continues to deliver a barrage of solid drill intercepts from its recently completed drilling program at the Coogee gold project in WA. Drill hits from the latter half of the company’s maiden program across the target include 12m at 2.85 grams per tonne gold, hosting 4m at 5.52 g/t gold from 76m and 20m at 2.07 g/t gold, hosting 8m at 3.41 g/t gold from 92m.

Victory Mines has confirmed the presence of solid grades of copper at its Bonaparte project in WA following a short, sharp drilling program which was completed in October 2020. Results from the drilling include 4m at 1.18 per cent copper and 34.4 grams per tonne silver, hosting 1m at a stunning 3.9 per cent copper and 117 g/t silver from only 47m down-hole.

Victory Mines has hit the ground running in 2021 kicking off a second significant RC drilling campaign at its Coogee gold project 55km south-east of Kalgoorlie to follow up on a string of high-grade gold hits last year. One of the notable gold intersections was 12m grading 12.01 g/t gold from 93m including 3m at 35.87 g/t south of the historic Coogee open pit.

Victory Mines has moved to full ownership of its flagship Coogee gold project in WA, with the company issuing of $1 million in shares to the company’s former joint venture partner in the project, mid-tier gold miner Ramelius Resources. The company is already capitalising on its new ownership in the high-grade project and is knee deep in a follow up drilling program across the gold-bearing Coogee Shear.

Victory Mines has returned a clutch of broad gold intersections from a second major drilling program at its historic Coogee gold project about 55km south-east of Kalgoorlie. The company says results from 14 holes at Coogee – out of 40 holes to be drilled in the current RC campaign totalling 6,000m – highlight the high‐grade nature of some of the thicker gold intersections at the project.

Victory Mines is zeroing in on a potentially serious porphyry copper-gold discovery at its Coogee project in WA. The target is located a mere 15 kilometres north-west of Lefroy’s coveted Burns copper-gold deposit. Resampling of recent drilling at Coogee has revealed a bounty of copper and gold mineralisation including 15 metres at 1 per cent copper and 1.49 grams per tonne gold from only 80m down-hole.

Victory Mines has returned to drilling at the Coogee copper-gold discovery, near Kalgoorlie in Western Australia. The company has launched into a 6,000-metre drilling program over the prospect as it looks to begin testing a large porphyry target with recent resampling returning 17 metres at 1 per cent copper and 1.98 grams per tonne gold from only 77m down-hole.

Victory Mines continues to hit paydirt in Western Australia with ongoing drilling at its Coogee project south of Kalgoorlie returning anomalous gold intercepts. The company’s third phase of drilling has successfully intersected mineralisation along strike from the historical Coogee open pit, with results including 8m at 3.64 grams per tonne gold from 172m down-hole.

Junior explorer Victory Mines has judiciously applied for an additional five exploration licences around its Mt Ida-Ida Valley project, which will now share a tenement boundary with celebrated fellow explorer Red Dirt's newly acquired Mt Ida gold project. Victory says northward extensions of the recently announced lithium bearing pegmatites on Red Dirt's ground may creep up into its new tenure.

Victory Mines has continued to make the case for possible northern extensions to the gold lode that was mined some years ago in the old Coogee open pit at its Coogee gold project near Kalgoorlie. Latest assays include 4 metres going 9.34 grams per tonne gold from 175 metres that hosts a 2m intersection grading 16.15 g/t from 176m.

Javelin Minerals has completed a detailed aeromagnetic survey of its 900 square kilometre Mt Ida-Ida Valley project near Menzies in WA. The results are set to guide field-based exploration and drill results from the company’s exciting Coogee gold-copper project are also expected soon. Strike and depth extensions were targeted to follow up previous results that include 4m at 9.34 g/t gold and 27m at 1.22 g/t gold.

Javelin Minerals has released an updated mineral resource estimate at its Coogee gold project near Kalgoorlie showing a massive 1400 per cent increase in tonnage and a 350 per cent rise in contained metal. The new gold mineral resource estimate at the project is now 1.42 million tonnes at 1.07 grams per tonne gold for a total of 49,000 ounces.

Javelin Minerals is gearing up to pursue the lithium and rare earths potential at its Mt Ida-Ida Valley project 60km west of Leonora in WA with 48 priority targets identified. Exploration activities are slated to commence in mid-November, with drilling also on the agenda for the first half of 2023. The company’s haul of targets was identified from recently acquired aeromagnetic and radiometric data.

Javelin Minerals’ latest testwork program has confirmed the presence of both gravity-recoverable gold and free-milling gold at its Coogee project near Kalgoorlie. Latest results also show copper can be recovered separately. Further testing will continue at the project, which last year unveiled a new gold mineral resource estimate of 1.42 million tonnes at 1.07 grams per tonne gold for a total of 49,000 ounces.

Javelin Minerals has highlighted a slew of follow-up drill targets at its Husky project in NSW after receiving geochemically-elevated results for multiple minerals from a recent air-core program at the site. The company has already started an RC drill campaign of 10 holes at the project to test the new geochemical features at depth.

Javelin Minerals has highlighted positive rare earths results from a comprehensive sampling program at its Mt Ida-Ida Valley project near Leonora, with assays of up to 0.11 per cent total rare earth oxides. The company has collected 680 orientation samples from selected tenements at the operation, with the positive rare earth assays taken from the Turkey Creek kimberlite province in WA’s Goldfields region.

Javelin Minerals looks set to put significant new impetus behind its lithium exploration and production goals in Uganda after signing a strategic takeover bid implementation agreement with Gecko Minerals. The company says Gecko directors have “unanimously” recommended shareholders back the move, which will net it two new projects in the African nation that are considered prospective for lithium.

Javelin Minerals will acquire high-resolution aeromagnetic and radiometric data covering its Mt Ida-Ida Valley tenure near Leonora to help charge its hunt for precious and base metals, lithium and rare earths. It says much of its ground is proximate to the gold-rich Ballard Fault, Delta Lithium’s newly-discovered gold and lithium occurrences and the lithium, precious and base metals activities of St George Mining.