Nagivator buys gold project
PERTH (miningweekly.com) – Junior explorer Navigator has acquired the Violet gold project in the Kookynie goldfield, in Western Australia, for A$22 500 in cash.
The project comprises a single prospecting licence within the North Coolgardie mineral field, which historically produced more than 600 000 oz of gold from the 1890s to the mid-1990s.
The Violet project was the site of small scale historical gold production, which resulted in 1 566 oz being produced. The project comprises at least two persistent parallel mineralised gold trends that extend through the length of the tenement.
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