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Transaction Announcement Reports
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Project: | Stawell Corridor | |
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Deposit: | Resolution, Langi Logan South | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 7/25/2019 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 25-7-2019: Navarre Minerals Ltd. announces an Exploration/Drilling Update report for its Resolution, Langi Logan South deposit at the Stawell Corridor project. Drilling results incl. 4m @ 6.4g/t Au from 35m. Navarre Minerals Limited (ASX Code: NML) (Navar | |
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 gold mineralisation in its recently completed air-core (AC) drilling program at its flagship Irvine Gold Project, within the Stawell Corridor Project in western Victoria (Figure 1). An AC program was completed at Resolution Lode consisting of three traverses of drilling spaced 50m apart, aimed at testing the continuity and tenor of gold mineralisation in a zone that was previously undrilled. A total of eleven holes were completed for 446m of drilling. All results have now been received and the program has been successful in extending a significant zone of shallow gold mineralisation (or potential ‘ore shoot’) further south by approximately 130m. This gold shoot remains open to the northwest and at depth (see Figure 3). These results reinforce the potential for the development of multiple ore shoots similar to those seen at the Magdala Gold deposit in Stawell. Further geological interpretation and 3D modelling will now be completed to assist future drill targeting | |
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