Navarre Minerals Limited

Navarre Minerals Limited

  • Stand: MH25

Navarre Minerals Limited (ASX:NML) is a resources company that specialise in the discovery of gold in Victoria Australia, aiming to deliver large mineral deposits from a pipeline of quality projects and then to crystallise value through transitioning to a development company. Navarres Project Portfolio: Stawell Corridor Gold Project the Company is searching for gold deposits in an extension of a corridor of rocks that host the 5Moz Stawell and 1Moz Ararat goldfields. The discovery of high-grade gold on the margins of the Irvine and Langi Logan basalt domes located 20km and 40km respectively south of the operating 4Moz Stawell Gold Mine is the Companys prime focus. The high-grade Tandarra Gold Project is located 60km from Kirkland Lake Golds world-class Fosterville Gold Mine, and 40km north of the 22 million-ounce Bendigo Goldfield. Exploration at Tandarra, in JV with Catalyst Metals Limited (NML 49%), is advancing the Tomorrow gold prospect towards mineral resource status. At the Glenlyle Project the Company has identified a large gold-silver system above a potential porphyry copper-gold target that occurs in the same volcanic package that hosts the nearby Thursdays Gossan deposit. The Company is searching for high-grade gold at the St Arnaud Gold Project. Reconnaissance drilling has identified basement gold mineralisation under shallow cover, up to 5km north on trend of the historic 0.4Moz St Arnaud Goldfield. Navarre is executing its 2019/20 exploration program comprising: 1. Drill the advanced Irvine Gold Project for the next Stawell; 2. Advance Tandarra Gold Project through JV partnership for the next Bendigo; 3. Expand discovery at Glenlyle Project for its gold-silver potential; and 4. Advance early-stage high-grade gold discovery at Langi Logan for another Stawell

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