Navarre Minerals Limited announced significant gold intersections from its recently completed reverse circulation (RC) drilling at the Adventure Lode prospect, within its 100%-owned Irvine Gold Project in western Victoria. Navarre completed a total of 4,146 metres of drilling across 33 RC drill holes targeting depth extensions to a 1.3-kilometre-long zone of shallow oxide gold at Adventure Lode. This drilling tested the gold potential of a mineralised quartz structure to a vertical depth of approximately 120 metres below surface. The drilling has successfully delivered multiple significant intersections of gold contained within four higher grade shoots typical of a shear-hosted gold system targeted by Navarre's exploration model with strong affinity to the ore distribution patterns observed at the nearby Magdala gold deposit in Stawell. The 1.3km long mineralised Adventure Lode structure remains open at depth and is interpreted to extend to great depths on the eastern flank of the Irvine basalt like the Magdala gold deposit which has been mined to 1.6kms below surface. The results support Navarre's view that the Irvine Gold Project has the potential to be a new large-scale high quality shear-hosted gold system similar to Stawell's Magdala Gold Mine. All results have now been received and interpreted for the 33 hole, 4,146m RC drilling program at Adventure Lode. The RC program consisted of angled drill holes ranging in length from 60m to 160m, drilled into a 1.7km extent of a quartz reef structure outlined from earlier mapping and shallow air-core (AC) drilling. Based on interpretation of the RC drill results, approximately 1.3km of the 1.7km quartz reef structure contains potentially economic levels of gold mineralisation. Highlight results from the RC drilling include: 6m @ 4.2 g/t Au from 67m, including 4m @ 6.1 g/t Au (IRC013); 5m @ 4.0 g/t Au from 41m from within a broader intersection of: 11m @ 2.1 g/t Au from 38m (IRC004); 3m @ 5.2 g/t Au from 85m from within a broader intersection of: 11m @ 2.5 g/t Au from 78m (IRC011). 4m @ 3.7 g/t Au from 96m (IRC014). 4m @ 3.6 g/t Au from 14m from within a broader intersection of: 8m @ 2.1 g/t Au from 12m (IRC015) 9m @ 2.6 g/t Au from 130m, including 1m @ 6.1 g/t Au (IRC028). The gold mineralisation dips between 45 and 60 degrees to the west and has horizontal widths of up to 15m. Up to three mineralised surfaces have been interpreted: Basalt Contact - sporadic and patchy gold mineralisation located directly on the eastern flank of the Irvine basalt; Main Zone - the most continuous and consistently mineralised surface, occurring as a zone of quartz- sulphide-gold located approximately 10-15m east of the Irvine basalt; and Footwall Zone - a thin zone of auriferous quartz - sulphide mineralisation located approximately 10m east of the Main Zone, commonly centred on a thin flow of basalt in the footwall of the main Irvine basalt dome. Drilling has confirmed the presence of four higher grade gold shoots within the Main Lode: Gold shoots 1 and 4 are `blind' to the surface and remain open at depth, requiring further follow-up drilling; Gold shoots 2 and 3 are interpreted to be the basal remnants or keel of two gold zones that are now closed-off at depth with drilling. The eroded up-dip extents of these shoots are thought likely to have contributed to the 1 million ounces of alluvial gold historically mined in the 19th Century Ararat Goldfield overlying the Irvine basalt dome. The gold shoots appear to have an overall gentle plunge to the north at approximately 20 degrees defining a broad `lode channel' or prospective `fairway' similar to that of the Magdala gold deposit. Navarre's Magdala gold deposit exploration model comprises a mineralised system of multitude of ore shoots, with each shoot up to 300m in diameter, separated by lower-grade gold mineralisation. These ore shoots occur within 50m of the basalt contact and follow a `lode channel' beneath a surface gold footprint. Navarre has discovered the lode channel at Adventure Lode (also at Resolution Lode) and believes the pattern of gold distribution is similar to the ore shoot geometry at the Magdala gold deposit.