Navaho Gold is an Australian-based exploration company focused on the discovery of world-class gold deposits in Nevada, USA and Queensland, Australia. Navaho Gold is clearly focused on 'Carlin style' gold mineralisation, and has identified three (3) main project areas in Queensland and has assembled seven (7) projects in Nevada within the areas associated with the Carlin and Battle Mountain - Eureka Trends.
The Company’s exploration portfolio ranges from reconnaissance projects where no previous exploration has been carried out through to drill-ready projects where prior exploration has identified high tenor geochemical anomalies or returned significant gold anomalous drill intersections which remain open and require further assessment.
Several of these properties in Nevada, recognised as one of the most prolific gold provinces in the world, are within a few kilometres of very large producing gold mines held by major gold- companies including Barrick Gold Corporation and Newmont Mining Corporation.In Queensland, the Company holds a 100% interest in its extensive tenement position covering some 8,244km2 providing investors with full exposure to any future gold discoveries which may result on these properties.
These opportunities have very strong exploration potential for the discovery of Carlin-style gold deposits.
About Navaho Gold
Carlin Style Mineralisation/Navaho Gold is clearly focused on the exploration for and ultimate development of “Carlin Style” gold mineralisation.
Projects in Nevada and Queensland
Navaho Gold has various agreements to earn majority interests in, or acquire, at Navaho Gold’s election, seven projects in Nevada, four of which are located on or adjacent to the prolific gold-producing Carlin and Battle Mountain Trends, and holds exploration licences over three potential new “Carlin” style regions in Queensland.Importantly, Navaho Gold’s Carlin East project in Nevada lies approximately 5km east of Barrick Gold Corporation’s 40Moz gold Post-Betze deposit, and the Utah Clipper project in Nevada is located immediately along trend from Barrick’s Cortez and Pipeline-Gold Acres deposits which contain more than 30Moz gold3.