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NAVARRE MINERALS LIMITED

ASX: NML

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Description

Navarre Minerals Limited is an Australian-based resources company that is creating value from a portfolio of early to advanced stage copper and gold projects in western Victoria, Australia.

The Company is targeting giant porphyry- copper and gold deposits. The Eclipse prospect is one of four initial porphyry targets identified within the Western Victoria Copper Project. The Project captures multiple, largely untested targets in 130km of western Victoria’s newly uncovered Miga Arc volcanics. The Miga Arc is similar in setting to the Andes in South America, host to some of the world’s largest known porphyry copper deposits. Grassroots exploration of the Company’s extensive exploration permits is at an early stage and more than 50 new targets remain to be tested.

The high-grade Tandarra Gold Project in central Victoria is targeting the next generation of gold deposits under shallow cover 40km north of the 22 million ounce Bendigo Goldfield. Under a farm-out agreement, Catalyst Metals Limited may earn a 51% equity interest in Tandarra by spending $3 million over four years by advancing the project towards mineral resource status.

Mine For

gold, copper

Location of operation(s)

Victoria

Address

40-44 Wimmera Street
STAWELL, VIC, Australia

Phone

+61 3 5358 8625

Email

Website


Last Updated

13/5/2015

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.