Navarre Minerals Limited (ASX: NML) has commenced drilling at its 100% owned Stawell Corridor Gold Project located 170km west of Melbourne (Figure 1).

Figure 1. Location of Stawell Corridor Gold Project

The drilling program is designed to test gold mineralisation identified as four Induced Polarisation anomalies coincident with the west flank of the interpreted Grange basalt dome over a strike length of approximately 1,500 metres.

The Grange prospect is thought to have similar geology to the nearby 5 million ounce Magdala Gold Deposit that is currently being mined by Crocodile Gold Corporation, the company’s largest shareholder.

The drilling program comprises approximately 2,000 metres of planned drilling with at least 3 diamond drillholes and up to 12 reverse circulation drillholes with results expected in May to June 2015.

For further information, visit www.navarre.com.au

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