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Navarre Minerals Ltd.
Summary
| Project: | Stawell Corridor | |
|---|---|---|
| Deposit: | Irvine | |
| Location: | Australia | |
| Commodities: | Gold-Silver | |
| Date: | 5/28/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-5-2018: Navarre Minerals Ltd. announces an Exploration/Drilling Update report for its Irvine deposit at the Stawell Corridor project. Drilling results incl. 10.6m @ 6.2g/t Au from 135.7m. Navarre Minerals Limited (ASX Code: NML) (Navarre) is pleased to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Shane Mele (Internal) | |
| ABSTRACT: | Navarre Minerals Limited (ASX Code: NML) (Navarre) is pleased to announce that it has intersected significant high-grade gold mineralisation in its recently completed diamond drilling (DD) program at its flagship Irvine Gold Project, in western Victoria (Figure 1). The DD program was part of Navarre’s ongoing 8,000 metre drilling campaign currently being undertaken at the Irvine Gold Project (Figure 2). The DD consisted of four holes (RD011-RD014) for a total of 1,137 metres to depths of up to approximately 200 metres from surface, targeting depth extensions of primary gold mineralisation at Resolution Lode. All assay results have now been received and the program has been successful in intersecting a significant zone of high-grade gold (or potential ‘ore shoot’) below the shallow oxide gold mineralisation (surface to 50m) discovered in previous air-core (AC) drilling. The DD campaign aimed to test for the presence of potential higher-grade ‘gold shoots’ below a blanket of lowergrade shallow oxide gold mineralisation which is typical of the gold mineralisation zonation patterns observed in western Victoria, particularly at the Magdala gold deposit. Drill results from the recently completed four hole program and from the previous seven holes drilled in 2017, most notably in drill holes RD012, RD013, RD002 and RD006, confirm the potential for high-grade gold shoots developing at depth (refer to Figures 3 & 4). Highlight results from the four hole DD program (see Figures 3 -5 & Table 1) include | |
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