ASX Market Update
The Australian stock market is experiencing a decline, led by heavy falls in the healthcare and tech sectors, despite seven out of 11 sectors showing positive movement.
Javelin Minerals (ASX:JAV) has seen a significant increase of 50% in morning trade after announcing a review of historic exploration data, revealing substantial exploration potential at its Coogee Project.
- The Coogee Project is located near the world-class St Ives goldfield, approximately 50km south of Kalgoorlie.
- A detailed review, led by new GM – Exploration and Resources Mark Cossom, identified large geophysical anomalies correlating with known mineralised alteration zones.
- Shallow historic drilling has shown strong gold and gold-copper anomalism, supporting the project's potential.
- The project currently hosts a JORC Resource of 3.6Mt at 1.08g/t Au for 127,000oz of gold and 1Mt Cu at 0.41% for 4,122t of copper on a granted mining licence.
Author's summary: ASX market declines amid healthcare and tech sector falls.
More News
- As top LDS Church leaders age, they move closer to ‘the zone of dementia’
- Nigeria: Christian Genocide and the Dangers of Mischaracterisation
- Saudi Arabia's BRKZ lands $30 million debt from Stride Ventures
- Rethinking Sharia Law in Britain
- The Tech Odyssey: AI, Moonshots, and Musk's Encyclopedia of Everything
- ASML Shares Surge as Artificial Intelligence Demand Fuels Record Performance () | aktiencheck.de
- The Coming Dementia Crisis—and the Cost of Doing Nothing
- Apple says US passport digital IDs are coming to Wallet 'soon' | TechCrunch
- The Global Cleanergy Shift: A Watershed Moment for Investors () | aktiencheck.de
- GSK acquires exclusive rights from Syndivia for antibody drug conjugate in prostate cancer