Shallow and broad gold intercepts have returned from a 2,300-metre program of Reverse Circulation (RC) drilling at the Telstra Hill prospect in Queensland.
This round of drilling indicates the potential for Telstra Hill to emerge as a new source of supplemental ore within one kilometre of the recently acquired Mt. Carlton processing facility, in line with Navarre’s objectives of extending the life of the mine and growing the mineral inventory.
The highlight intercept is at 5 metres at 10.2 g/t gold from within a broader interval of 13 metres at 4.4 g/t gold.
The Mt. Carlton processing facility and mine is located 150km south of Townsville, Queensland. It was acquired from Evolution Mining at the end of 2021.
Another program of infill and expansion diamond core and RC drilling is being planned as follow-up.
Read the full announcement here: High-grade gold intercepts from Telstra Hill at Mt Carlton