NML-NAVARRE MINERALS INCREASE THE HUNT FOR GOLD AT STAWELL

Navarre Minerals Ltd, announces drilling program to advance next stage of its two Gold Prospects, Resolution and Adventure, expected to commence in early October, The prospects are located within the Company’s Stawell Corridor Gold (SCG) Project in Victoria.

The Company says, the program will include, in its first round, deeper diamond core drilling targeting down plunge extensions of the Resolution and Adventure lodes to 300m below surface of the Irvine basalt dome. The Company says, drilling has confirmed extensive shallow gold footprints at Resolution and Adventure prospects, spanning strike lengths of 1.6klms and 1.3 klms respectively.

The upcoming drilling program, the Company says, is to include 5,000m of extension diamond core drilling at the Resolution and Adventure prospects with current planning to commence in early October after receiving statutory permits.

The Company also expects to carry out the first phase of metallurgical test work of Resolution and Adventure to be included during the upcoming programs.

The Company also reported that it intends to complete 8,500 metres of follow up aircore drilling of Navarre’s newly discovered, Langi Logan prospect, where the company recently intersected high grade gold mineralization of 2m @ 19.4g/t Au and 11m @ 5.1g/t Au.

The Company says, it is well funded with $6m cash to undertake its planned exploration programs.

Goldman

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