Tuesday 6th December 2022 Font size:

Gold Hits in Three New Areas, Leonora

Monday, November 12th, 2007

Navigator Resources Limited is pleased to announce encouraging reconnaissance drill intersections from three separate new locations extending over an 8km strike length of the Eastern Shear (Mertondale Shear zone) at it’s 100%-owned Leonora gold project.
Drill results, summarised, include:-
– 11m at 7.01 g/t gold from 32m, 600m north of the Mertondale 3_4 open pit
– 4m at 6.0 g/t gold from 20m, 1.5kms north of the Mertondale 3_4 open pit (prelim)
– 3m at 3.30 g/t gold from 40m, and 1m @ 12.12 g/t gold from 82m, located 8km north of the Mertondale 3_4 open pit.
The aircore drill intersections result from step-out testing of several gold-arsenic geochemical targets identified along the Mertondale Shear zone, which has an overall strike length of 30kms.
The drilling form part of an extended aircore drill program aimed at increasing the number of work areas (discoveries) for resource delineation drilling. This will enable a rapid expansion of the current 870,000 oz gold resource, and an earlier commencement of mining. The results are exciting and strengthen the view that the gold potential at Leonora is only starting to be unlocked.
The results are significant as they were obtained in new areas on a wide 200m x 40m, or 100m x 40m, reconnaissance spacing. Further drilling is needed to assess the geometry and potential of the results.
For further information visit: www.navigatorresources.com.au

< go back