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Navarre starts 13,500-meter drilling program at Stawell Corridor gold project

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Navarre starts 13,500-meter drilling program at Stawell Corridor gold project

Navarre Minerals Ltd. said Oct. 10 that it started drilling at its Stawell Corridor gold project in Victoria, Australia.

The planned 13,500 meters of drilling is composed of 5,000 meters of diamond drilling targeting depth extensions to shallow gold mineralization outlined at the Resolution and Adventure lodes on the Irvine basalt dome and 8,500 meters of aircore drilling testing multiple targets on the prospective margins of the Langi Logan basalt dome and to expand the strike length of the gold mineralization north of the Resolution lode.

The company expects to complete the first round of deeper expansion drilling at Adventure and Resolution in early 2020.

In April, Navarre announced that it will raise A$6 million from a share placement to fund development activities at its Australian gold projects.