Navarre Minerals Limited (ASX: NML) – $0.070

17 Jul 2014

Navarre Minerals has released its June 2014 Quarterly Activities and Cashflow Reports. During the quarter, the company intersected sulphide mineralisation and alteration over broad intervals at the Eclipse copper-gold prospect in western Victoria including 136 metres at 0.3g/t Au from 6 metres to the end of drillhole.

The company issued 8.3 million new shares through a Share Purchase Plan and raised $544,000 before costs to fund its 100% owned Eclipse copper-gold prospect and the Western Victoria Copper Project. As at 30 June 2014, the company held $1.2 million in cash.

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