FinTechFunding

Navarre Minerals: Expands resource drilling to 12,000m

  • Navarre Minerals (NML) is expanding its drilling program at the Irvine Project from 10,000 metres to 12,000 metres
  • A second diamond drill rig has arrived at the project site to support the accelerated program
  • Drilling is targeting the Resolution Lode mineral system to confirm its depth and strike potential
  • Ultimately, Navarre aims to deliver a maiden mineral resource by the end of the first quarter in 2021
  • Navarre isalso well-funded for exploration work with around $12 million in the bank
  • The company ended the day trading flat at 22.5 cents
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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