Australia's Navarre Minerals up on robust Q1 production at Mt Carlton Ops

Aureka

04/01/2022 01:24

** Shares of the gold explorer  NML.AX  rise as much as 8.9%
to A$0.086, their highest levels since Nov. 17 
    ** Says co's Mt Carlton Operation in Northern Queensland
reported strong first quarter of production  urn:newsml:reuters.com:*:nASX8fdTRz
    ** Says Mt Carlton Operation generated payable metal
production of 14,603 ounces of gold, 100,781 ounces of silver
and 610 tonnes of copper during the December quarter
 urn:newsml:reuters.com:*:nFWN2TJ0D1
    ** Adds that co's unaudited cash at Dec. 31, 2021 totalled
A$18.0 million  ($12.96 million)
    ** Shares on track for their biggest intraday pct gain since
Dec 21 
    ** More than 8 mln shares change hands, compared with the
30-day average volume of ~5.3 mln shares  
    
($1 = 1.3885 Australian dollars)

 (Reporting by Roushni Nair in Bengluru)
 ((Roushni.Nair@thomsonreuters.com;))