Navarre Minerals has issued its Quarterly Report ending 30 September 2022, highlighting production and exploration results.
Payable metal production equated to 5,113 ounces of gold, 73,126 ounces of silver and 214 tonnes of copper for the September 2022 quarter.
Stronger production volumes for FY23 are anticipated after higher grades were discovered at Mt Carlton United, and regulatory approval for an open cut mine was greenlit earlier this month.
The mid-year Mineral Resources update issued 30 June 2022 hit a milestone of one million ounces of gold equivalent, comprising 819,000 ounces of gold, 10,583,000 ounces of silver and 19,200 tonnes of copper.
Strong drilling results continued at several of Mt Carlton’s satellite mineral deposits, with a Maiden Inferred Mineral Resource of 40,000 ounces of gold and 116,000 ounces of silver announced for the BV1 deposit.
Exploration continued in the Victorian prospect of St Arnaud, including geochemical sampling.
Read the full report here: Quarterly Activities Report