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Transaction Announcement Reports
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Project: | Stawell Corridor | |
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Deposit: | Resolution | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 7/8/2020 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 8-7-2020: Navarre Minerals Ltd. announces an Exploration/Drilling Update report for its Resolution deposit at the Stawell Corridor project. Drilling results incl. 10.3m @ 2.2g/t Au from 358.5m. Navarre Minerals Limited (ASX: NML) (Navarre or the Company) | |
Resources: | x | |
CP/QP: | [Overall Report] Shane Mele (Internal) | |
ABSTRACT: | Navarre Minerals Limited (ASX: NML) (Navarre or the Company) is pleased to report further significant gold assay results from an ongoing 9,000m diamond drilling program on the 100%-owned Resolution Lode prospect, located 210km west of Melbourne and 20km south of Stawell’s 4Moz Magdala Gold Mine in Victoria (Figures 1 & 2). The latest drilling results from Resolution Lode includes strong, consistent grades of gold mineralisation within a quartz-rich structure that continues from surface and extends beyond 300m depth, remaining open down-plunge. This release captures results from the latest four diamond holes completed at Resolution Lode and follows the earlier release of eight diamond holes reported to the ASX on 27 April 2020. Navarre’s Managing Director, Geoff McDermott, said: “Our ongoing diamond drilling program at Resolution Lode is continuing to deliver consistently strong grades of high-grade gold mineralisation from within a well-defined lode channel extending from surface to beyond 300m depth. It remains open down-plunge.” | |
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