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NAVAHO GOLD LIMITED

ASX: NVG

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Navaho Gold is an Australian based multi-commodity exploration company with focuses on Gold in the USA, Oil & Gas in Australia and Coal projects in Argentina.

Nevada & New Mexico Projects

A key focus of the Company is Nevada which is recognized as one of the most prolific gold provinces in the world. The Company has a range of projects that it is actively exploring. Several of these properties are ready for drill testing, some within a few kilometres of very large producing gold mines held by major gold- companies including Barrick Gold Corporation and Newmont Mining Corporation.

South Australian Oil & Gas Project

Navaho Gold's shale gas project is held within its subsidiary NavGas Pty Ltd (NavGas) and is located in the Flinders Ranges in South Australia covering 50,000km2 of petroleum exploration licence applications.

Roma Shelf Oil & Gas Project

NavGas has been successful in tendering for ATP1183 which is considered prospective for oil, gas and condensate targets. The granted tenement area extends over a highly prospective area of the Roma Shelf, and surrounds the Riverslea Oil Field and Major Gas/Condensate Field, both of which are excluded from the permit under Petroleum Leases. The Boxleigh Gas Field adjoins the Roma Shelf Project area to the east.

Coal Projects, Argentina

The Company announced to the market in July 2014 its intention to acquire 100% of the shares in Excarb Pty Ltd via a scrip-for-scrip transaction, to be approved by shareholders at a general meeting called for 1 October 2014. Excarb is a company controlled by well-known entrepreneurial geologist Mr Neil Stuart, and has rights over prospective coal projects at Marayes in the San Juan Province of Argentina .

Mine For

gold, coal, oil, gas, shale

Location of operation(s)

USA, Queensland, South Australia, Argentina

Australian Basins

Arckaringa

Address

Level 27, 111 Eagle Street
BRISBANE, QLD, Australia

Phone

+61 (7) 3303 0661

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.