"This announcement reports assays received from RC drill testing of the surface 120m depth slice at Adventure Lode. The results support Navarre’s view that the Irvine Gold Project has the potential to be a new large-scale high quality shear-hosted gold system similar to Stawell’s Magdala Gold Mine."
"...significant gold mineralisation over a 1.3km strike to approximately 120m below surface contained in four higher grade gold shoots. This gold mineralisation remains open at depth and will be a focus for deeper follow-up drilling."
This is the good part; "The geometry of the gold shoots outlined at Adventure Lode show strong similarity to the ore distribution patterns of the nearby Magdala gold deposit on which we base our exploration model."
NML Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held