The Resolution and Adventure prospects in the Stawell Corridor Gold Project have been confirmed as quality gold deposits following estimation of a maiden Mineral Resource and Exploration Target.
Navarre expects the Mineral Resource to be the first instalment of a growing resource base for the Stawell Corridor, totalling an estimated 304,300oz of gold.
The Exploration Target is for a gold grade of 2.0-3.0g/t and 280,000-420,000oz. Potential exists to increase the Mineral Resource size with further drilling planned to test Exploration Targets. This will provide greater valuation transparency of the project.
Read the full announcement here: Maiden Mineral Resource for Stawell Corridor Gold Project