Maiden Reverse Circulation and diamond core drilling by Navarre has confirmed strong results at the BV1 prospect near Mt Carlton.

BV1 sits 32 kilometres south-east of the already operating 0.9Moz Mt Carlton mine. Shallow and continuous gold and silver mineralisation with significant potential to add to the growing satellite open pit resource inventory at Mt Carlton.

The highlight results among other strong grades showed 22.7m @ 22.7 g/t gold at BV1.

These results will form a maiden Mineral Resource for BV1 as part of an updated Mineral Resource and Ore Reserve estimate for the Mt Carlton operation scheduled for reporting in Q2 FY23.

Other drill intercepts have shown results of 110 grams per tonne of gold and 120.1 grams per tonne of silver, suitable as a satellite mineral inventory for the Mt Carlton site.

Read the full announcement here: 22.7m at 22.7 g/t gold in third deposit at Crush Creek