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High-grade results flow from Mount Carlton

Navarre Minerals reports further strong gold, silver and copper results from resource definition and exploration drilling within its Mount Carlton operation in North Queensland.

The latest drill intercepts are from depth and strike extensions to the existing V2 and A39 orebodies and from the satellite Mount Carlton United (MCU) deposit.

Key results include:

  • 6m at 4.2 g/t gold, 104.2 g/t silver and 0.7 per cent copper from 17m downhole at MCU
  • 4m at 5.8 g/t gold and 5.1 g/t silver from 14m at from MCU North
  • 12m at 2.6 g/t gold, 17.8 g/t silver and 0.6 per cent copper – V2 Extension
  • 6m at 3.3 g/t gold, 21.9 g/t silver and 0.6 per cent copper – V2 Extension
  • 6m at 337.8 g/t silver, 0.3 g/t gold and 0.7 per cent copper from 50m in the V2 – A39 silver-copper zone

“The continued success of our drilling programs, aimed at extending the V2, MCU and A39 orebodies on the Mount Carlton mine lease, is very pleasing,” Navarre managing director Ian Holland said.

“The drilling results further reinforce the potential to grow our existing mineral inventory substantially and to extend mine life at Mount Carlton with additional gold, silver and copper ore.”

Related: Navarre cracks on with new open-pit operation

Drilling remains ongoing at MCU in support of open pit mining recently approved by the Queensland Government.

The MCU gold-silver-copper deposit lies within 4km of the 960Ktpa processing facility at the Mount Carlton operation, and the first load of ore was delivered to the ROM on December 29.

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