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
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.

You May Also Like

Chase Accelerates Expansion with 160 New Branches by 2026

The banking giant aims to enhance accessibility for customers across the U.S.Highlights: Chase plans to open 160 new...

Figure Technologies Data Breach Affects Nearly One Million Accounts

Cybersecurity incident exposes sensitive information of Figure Technologies users.Highlights: Nearly one million accounts affected by Figure Technologies breach.Sensitive...

Engine by Starling Partners with SBS Bank to Strengthen New Zealand Banking

SBS Bank integrates Engine's technology to enhance digital services.Highlights: Engine by Starling partners with SBS Bank for digital...

JPMorgan Fined $12.18 Million for Risk Reporting Violations

ECB penalizes JPMorgan for serious lapses in risk reporting accuracy.Highlights: JPMorgan fined $12.18 million by the ECB.Penalties stem...