PROJECT FINANCE

Navarre raises cash for Victoria gold drilling

KIRKLAND Lake Gold and The Victor Smorgon Group are maintaining their respective 10% stakes in Navarre Minerals, which has just raised A$6 million to advance its Victorian gold chase centred on its high-grade gold discoveries along the Stawell Corridor and within the Tandarra project.

 Victoria's goldfields are getting a renewed focus.

Victoria's goldfields are getting a renewed focus.

The Stawell-based company said Canada's Kirkland Lake and Victoria's Smorgon are contributing $1.3 million towards the placement, which Navarre said had generated strong demand from institutional and sophisticated...

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