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Navarre Minerals (ASX: NML)

Navarre Minerals (ASX:NML), which is exploring for gold next to known reserves of high-grade gold in Victoria’s Golden Triangle, has released first results from its 4,000m air core drill program.

And the results are highly positive.

Early high grade results have confirmed the presence of shallow primary gold mineralisation – open in all directions…

These results will now form the basis of what could start the main event for NML: a follow-up diamond drill program to be initiated in early 2017.

NML is cashed up and ready for its next phase of exploration.

Following a recent capital raising, this tightly held company has around $2M in the bank account, and is now looking for a significant discovery from its current and future drill program that it hopes will quickly boost its $10 million market cap.

The information on this email should not be the only trigger for your investment decision. Click on the links below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.

Operating in an area known for its historic gold mineralisation, early indications are that NML could repeat past successes in the area and capitalise on the current positive sentiment towards this precious metal.

 

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Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

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