NML
Director Trades
| Date | Director | Value |
|---|---|---|
| 10/11/24 | R. Taylor | $25,000 |
| 10/11/24 | J. Gurry | $100,000 |
Company News
Small cap copper explorers with big potential
Takeovers at the top end of the copper resources sector have thinned opportunities for investors seeking exposure to a red-hot energy transition metal, but that simply means do what the big miners do when producing assets dry up – buy explorers. BHP (ASX: BHP) buying OZ Minerals (ASX: OZL), followed by Glencore’s attempt to acquire […]
Navarre Minerals reports 43% increase in Mt Carlton gold production
Navarre Minerals (ASX: NML) has reported a 43% increase in gold production from the Mt Carlton operation for the three months ending 31 March, with continued strong contribution from silver and copper by-products. Production jumped to 4,098 ounces over the previous quarter, reflecting the first processing of ore from the newly-commissioned Mt Carlton United (MCU) […]
Navarre Minerals reveals substantial increase to group gold ore reserves
Navarre Minerals (ASX: NML) has revealed a substantial increase to its group gold ore reserves, which totalled 308,000 ounces at the end of last year. Group ore reserves now stand at 10.4 million tonnes grading 0.9 grams per tonne gold for 308,000oz. This represents a 48% increase in contained gold compared to 208,000oz at the […]
Navarre Minerals awarded government grant to drill new target at Mt Carlton gold-silver-copper project
Navarre Minerals (ASX: NML) has been awarded an exploration grant by the Queensland Government to complete diamond core drilling at a new target within its wholly-owned Mt Carlton gold-silver-copper project. The $132,175 grant will support drill testing of the Southeast induced polarisation (SE IP) priority target located 1.4 kilometres southeast of the Mt Carlton processing […]
Navarre Minerals secures $5m investment to fast-track exploration at Mt Carlton
Navarre Minerals (ASX: NML) has secured a $5 million cornerstone investment from New York-based Lind Partners, which will fund accelerated exploration across its Mt Carlton gold project in Queensland. Under the deal, Lind will pre-pay $5 million to Navarre in return for $5.6 million-worth of shares. Once the pre-payment has been received, Navarre will issue […]
Navarre Minerals completes transformational acquisition of Mt Carlton gold mine
Navarre Minerals (ASX: NML) has transitioned to the ranks of gold producer following its acquisition of the established Mt Carlton gold mining operation, south of Townsville in Queensland. The low-cost open pit and underground mine plus 950,000-tonnes-per-annum processing plant has instantly transformed the Stawell-based junior into a self-funded producer with a highly-prospective tenement package over 815 […]
Navarre Minerals unveils ‘exceptional’ high-grade gold intercepts from Crush Creek project
Navarre Minerals (ASX: NML) has unveiled what it describes as “exceptional” high-grade gold results from drilling at its Crush Creek project, which could add “significant” feed to its recently acquired Mt Carlton gold operation in Queensland. Infill drilling at the Delta and BV7 prospects at Crush Creek have produced numerous high-grade intercepts. Notable results from […]
Navarre Minerals identifies multiple new drill targets from historic Mt Carlton geophysical data
The re-processing and interpretation of legacy geophysical data from the Mt Carlton operation in northern Queensland has highlighted multiple high-priority drill targets for owner Navarre Minerals (ASX: NML). The data covers 815 square kilometres of the tenement package and was included as part of the $90 million project acquisition in December 2021. It features various […]
Navarre Minerals reports strong assays from ongoing drilling at Mt Carlton leases
Ongoing resource definition and exploration drilling within the Mt Carlton mining leases in North Queensland continues to deliver strong gold-silver-copper assays for Navarre Minerals (ASX: NML). Drilling involved up to three rigs and aimed to expand the known limits of mineralisation at the V2 and A39 orebodies and the satellite Mt Carlton United (MCU) target. […]
Navarre Minerals signs Mt Carlton offtake and financing deals with Glencore International
Navarre Minerals (ASX: NML) has executed a new offtake contract and US$7 million finance facility with Glencore International AG related to the recently-acquired Mt Carlton gold-silver-copper operation in northern Queensland. The offtake agreement covers the sale of all Mt Carlton concentrate to Glencore for the remainder of the 2023 financial year. Details of the deal […]
