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Basic MaterialsSpeculativeMicro CapMomentum Trap

Australia's Navarre Minerals jumps as co confirms continuous mineralisation at Queensland project

** Shares of mineral explorer Navarre Minerals  NML.AX  jump
as much as 8.3% to A$0.052, hitting their highest since July 5
    ** Co confirms the continuation of gold-silver and
copper-rich mineralisation at its Mt Carlton United (MCU)
project in North Queensland  urn:newsml:reuters.com:*:nASX5KXcjR
    ** Stock posts its biggest intraday percentage gain since
July 4
    ** Says assays from resource definition and exploration
drilling programme have returned up to 196 g/t gold, 1793 g/t
silver and 6.8% copper
    ** Stock down 39.2% YTD, as of last close 
    


 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))

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