The recently acquired Mt. Carlton mining operation south of Townsville, Queensland has posted strong first quarter results, yielding 14,603 ounces of gold, 100,781 ounces of silver and 610 tonnes of copper in the December quarter.

Under the original terms of the acquisition from Evolution Mining, Navarre’s economic interest in the mine accrued from 1st October, 2021. Navarre Minerals completed the transaction on 14th December, 2021.

The Company’s unaudited cash at 31st December 2021 totalled A$18.0M. Further details regarding the physical and financial results will be presented in the quarterly report to be released later this month.

Read the full announcement here: Strong first quarter of production at Mt Carlton