Navigator Resources Limited's objective is to build value for shareholders by becoming a highly regarded and profitable gold producer with a pipeline of advanced projects.
The Company was incorporated in 1994 and listed on the ASX on 19 September 2003 with a suite of exploration assets in the East Kimberley region of Western Australia, including the Cummins Range Rare Earth Project.
In early 2010 the Company will make the transition from explorer to producer, with gold production at Bronzewing scheduled to commence in April. The Bronzewing Gold Project, acquired in 2009, is budgeted to produce approximately 100,000oz pa for five years from open pit operations.
Development of the Leonora Gold Project, which was acquired in 2004, is progressing. A trial mining program commenced in February and depending on these results, the Project has the potential to deliver 50,000oz pa by the end of the year.
For more detailed information regarding the Company’s projects, please click here.
Navigator is managed by a team of highly regarded mining industry professionals with extensive mine management, production and exploration experience and a very clear focus on creating shareholder wealth. A strong site management team has been recruited to ensure the achievement of gold production targets at Bronzewing on time and within budget.
Fundraising activities in 2009 have resulted in the Company having the financial reserves to develop Bronzewing through to production and complete the Leonora trial mining.
For more detailed information regarding the Company’s capital structure and investor facts, please click here.