14 August, 2017- The Next Small Cap
In the 1850s gold fever hit central Victoria when prospectors from around the world rushed to the region, which at the time was producing most of the world’s gold.
Dubbed the “Golden Triangle,” the area encompasses the historic gold mining towns of Ballarat and Bendigo and stretches west to Stawell, which is 240 kilometres west of Melbourne. Since that time, the region has produced over 70 million ounces of gold, which in today’s pricing is worth around $80 billion.
While the area is known for its golden past, with the height of excitement peaking a century ago, gold continues to be discovered in the region … and there’s plenty left still to discover.
One company who has done just that is Navarre Minerals (ASX:NML). NML has two gold projects within the Golden Triangle and has discovered significant gold mineralisation at both: its early stage Stawell Corridor Gold Project and its more advanced Tandarra Gold Project.
To read the story in full, please click on the following link: Could NML drive Victoria’s new billion-dollar gold rush?