Ann: Further shallow gold mineralisation intersected at Irvine, page-2

Further shallow gold mineralisation intersected at Irvine Gold Project Results highlight potential of a major new gold system  Latest drill results continue to deliver significant shallow gold mineralisation at Adventure (formerly Cullings) and confirm discovery potential at previously untested Dutton and Napoleon prospects

 Latest results include:
o 3m @ 4.1 g/t Au within broader zone of 8m @ 1.7 g/t Au from 27m (IAC295 – Adventure)
o 2m @ 5.0 g/t Au within broader zone of 13m @ 1.9 g/t Au from 28m (IAC274 – Adventure)
o 5m @ 2.4 g/t Au from 14m (IAC275 – Adventure)
o 3m @ 3.4 g/t Au within broader zone of 5m @ 2.2 g/t Au from 12m (IAC296 – Adventure)
o 4m @ 2.5 g/t Au within broader zone of 6m @ 1.9 g/t Au from 6m (IAC279 – Adventure)
o 6m @ 1.6 g/t Au from 30m, including 1m @ 5.3 g/t Au (IAC291 – Dutton)
o 3m @ 2.7 g/t Au from 36m, including 1m @ 6.1 g/t Au (IAC282 – Napoleon)

 Results from entire 8,265m reconnaissance air-core drilling program completed in December 2017 now available

 Results strengthen Navarre’s exploration model for Irvine to host a significant gold system similar to nearby 4Moz Magdala gold deposit  Of six targets drill tested, two discoveries have been made - Resolution & Adventure - and two new prospects confirmed - Dutton & Napoleon

 Follow-up infill and extension drilling to commence in February 2018