www.navigatorresources.com.au
Navigator Resources Limited (ASX:NAV) is an emerging Perth-based gold producer with an objective of building value for shareholders and establishing a pipeline of advanced projects. The Company acquired the Bronzewing Gold Project in late 2009, and this Project recommenced production in April 2010. Navigator also continues to pursue development opportunities at the Leonora Gold Project by initially carrying out a trial mining program. The Company’s medium term objective is to target 150,000oz pa of gold production from these two open pit projects. The Company also maintains an interest in assets in the East Kimberley region, including the 100% owned Cummins Range Rare Earth Project.
Navigator Resources produces record 22,667 gold ounces in Q2 from Bronzewing
Production continues to ramp up at the Navigator Resources (ASX: NAV) Bronzewing Gold project, with a record 22,667 gold ounces produced for the December quarter, with a value of around A$31 million at current spot prices.
Highlighting the accelerating production, the month of December produced a monthly record of 7,843 gold ounces, which if this rate can be maintained over a quarter, would produce around 23,500 ounces.
Navigator is forecasting further production increases during the March 2011 quarter.


















