Navarre Minerals has released its Quarterly Report for Q4 2021 up to 31st December, 2021 to the ASX today.
Production highlights include a payable metal production of 14,603 oz gold, 100,938 oz silver and 610 t copper from the Mount Carlton operation located approximately 150km south of Townsville, Queensland.
This has yielded a net mine cash flow of A$10.6m.
Drilling results returned from Mount Carlton United, a potential satellite ore source, yielded significant intercepts of gold and silver. The adjacent Crush Creek also returned significant gold assay results.
Victorian exploration continued at St Arnaud, Morning Bill (Glenlyle) and
Langi Logan prospects.
The current cash and bullion on hand (unaudited) stands at A$18.6m at 31 December 2021.
For the full report, click here: Quarterly Activities Report