NML 2.50% 10.3¢ navarre minerals limited

Ann: Broad zones of gold in drilling at Irvine, page-2

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  1. 630 Posts.
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    ASX Announcement
    15
    December
    2016

    Navarre Minerals Limited | ABN 66 125 140 105
    40
    -
    44 Wimmera Street | PO Box 385 | Stawell VIC 3380 Australia
    t +61 3 5358 8625
    e [email protected]
    | w
    navarre.com.au

    Drilling
    defines
    b
    road zones of
    shallow
    gold
    mineralisation
    extending
    over 500m at
    Irvine


    AC drilling
    defines
    zones
    of oxide gold mineralisation of
    up to 30
    m
    wid
    th
    from
    surface
    over 500m
    length
    at Target 3
    on Irvine gold
    prospect

    Significant results from the latest assays received include:

    o
    7
    m at
    2.7g
    /t gold
    from
    31
    m
    (IAC0
    34
    )
    within
    a
    broader zone of
    36
    m at
    1.0g/t gold
    from 2m down hole

    o
    12m at 1.6g/t gold
    from
    48
    m
    (IAC0
    27
    )
    ,
    including
    1m at 12.6 g/t
    gold

    o
    12m at 1.2/t gold
    from
    12m
    (IAC0
    29
    )
    within a broader zone of
    60m at 0.6g/t gold
    from surface

    o
    14
    m at 1.
    4
    g/t gold
    from
    5
    m (IAC0
    40
    ) from within a broader zone
    of
    58
    m at 0.
    7
    g/t
    gold
    from 1m
    down hole

    o
    11m at 1.4g/t gold
    from 56m (IAC043) from within a broader
    zone of 30m at
    0.7g/t gold
    from 37m down hole

    Target 3
    remains open
    to the north and
    at depth

    Further
    AC
    assay results expected in
    mid
    -
    January 2017
    from testing
    of multiple targets

    Exploration is
    co
    -
    funded by
    a
    State Government TARGET Minerals
    Initiative grant
 
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