Navarre Minerals Limited is exploring a new copper belt in western Victoria which has the potential to contain multi-billion dollars of copper mineralisation

1. SCIENCE  DISCOVERY  GROWTH
Navarre Minerals – Emerging Copper Belt in Western Victoria
Melbourne Mining Club – Cutting Edge Series Presentation
17 September 2013

2. Forward-looking statement & disclaimer
The information contained in this presentation has been provided by Navarre Minerals Limited (Navarre) and other sources identified herein. No representation or warranty, express or implied,
is made by Navarre or any adviser or any of their respective affiliates or representatives as to the accuracy or completeness of such information. Nothing contained in this presentation is or shall
be relied upon as, a promise or representation by any of Navarre or any such advisers, their respective affiliates or representatives.
The information contained in this presentation is for informational purposes only and is not a recommendation as to whether to invest in Navarre shares. The information contained in this
presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. The presentation has been prepared without taking into
account the investment objectives, financial situation or particular needs of any particular person. Unless otherwise specified, data and tables set out in this presentation are based on Navarre
management estimates.
No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation.
To the maximum extent permitted by law, none of Navarre or its directors, or any of their employees or agents, nor any other person accepts any liability, including, without limitation, any
liability arising out of fault of negligence, for any loss arising from the use of the information contained in this presentation. In particular, no representation or warranty, express or implied is
given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness or any forecasts, projections, prospects or returns contained in this presentation nor is any
obligation assumed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies. Past performance is no guarantee
of future performance.
This presentation includes “forward-looking statements” within the meaning of securities laws of applicable jurisdictions. Forward-looking statements can generally be identified by the use of
forward-looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “continue”, “objectives”, “outlook”, “guidance” or other similar words, and include
statements regarding certain plans, strategies and objectives of management and expected financial performance. These forward-looking statements involve known and unknown risks,
uncertainties and other factors, many of which are outside the control of Navarre and any of its officers, employees, agents or associates. Actual results, performance or achievements may vary
materially from any projections and forward-looking statements and the assumptions on which those statements are based. Readers are cautioned not to place undue reliance on forward-
looking statements and Navarre assumes no obligation to update such information.
The contents of this presentation must not be photocopied, reproduced, disclosed or distributed to any other person without the prior written consent of Navarre.
The information in this presentation that relates to Exploration Results, Mineral Resources and Exploration Potential is based on information compiled by Mr Wessley Edgar. Mr Edgar is an
employee of Navarre Minerals Limited, is a member of the Australasian Institute of Mining and Metallurgy and is a Competent Person under the definition of the 2012 JORC Code. The Exploration
Potential described in this Presentation is conceptual in nature, and there is insufficient information to establish whether further exploration will result in the determination of a Mineral
Resource. Mr Edgar consents to the publication of this information in the form and content in which it appears.
The information in this presentation that relates to exploration and production targets refers to targets that are conceptual in nature, where there has been insufficient exploration to define a
Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource.
The information on porphyry copper and gold exploration targets in this presentation are based on a conceptual range of targets as follows:
Tonnage range: 300 million to >500 million tonnes
Grade range: 0.3% Cu to 2.0% Cu & 0.2 g/t Au to 2 g/t Au
Metal: 1Mt contained copper & >0.5 million ounces of gold
ASX Code: NML
www.navarre.com.au 2 of 22

3. Contents
1. Overview
2. Goal & strategy
3. Projects
4. Corporate
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4. Overview
Navarre Minerals is a leading Victorian based resources company exploring for
gold & copper within emerging and proven mineral corridors
 Exposure to gold & copper growth in four
mineral corridors
 Extensive tenement position
 Three major 100%-owned projects:
 Eclipse copper-gold porphyry prospect, under-
explored emerging Andean-style magmatic arc
 Lexington is a copper-molybdenum porphyry prospect
near existing JORC oxide copper resource (Thursday’s
Gossan)
 Tandarra gold prospect is part of an emerging gold
district under cover
 $1.9 million cash position (July 25, 2013)
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5. Goal & strategy
The science of discovery
GOAL
To define a maiden mineral resource & to become a low cost mineral producer
through exploration success
FOCUS
 Large porphyry copper prospects
 Eclipse
 Lexington
 List of 50 targets generated & prioritised to meet goal
 Advancing the shallow open pit potential at Tandarra
 Bulk sample treatment of existing drill residues to quantify contained
gold distribution
DISCIPLINE
 Dynamic methodical approach using innovative multi geo-scientific exploration techniques
 Financial discipline to conserve cash and create value
DISCOVER
 Leverage off substantial accumulated recent geological data & project knowledge for exploration planning
 Collaborate with government geological agencies (eg. Geological Survey of Victoria)
 Prioritise exploration effort within budget parameters
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6. Western Victoria Copper Project
Multiple, largely untested targets in 130kms of volcanic rocks
Tenements
Black Range Copper (Cu), Gold (Au) EL4590 and EL5426
Stavely Copper (Cu), Gold (Au) EL5425
Mitre Copper (Cu), Gold (Au) EL4973
Mineralisation Style
Bulk tonnage porphyry copper (Cu) and gold (Au), VHMS (Cu, Pb, Zn, Au), epithermal base metals & gold
Deposit Analogues
Cadia, Pebble, Grasberg, Mt Lyell
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7. Eclipse
New geological thinking leads to recognition of porphyry
PREVIOUS EXPLORATION & TARGETING WAS BASED ON A VHMS MODEL
 Eclipse geology similar to Mt Read Volcanics of NW Tasmania, host to Mt Lyell and several VHMS deposits such as
Rosebery & Hellyer
 276.1m @ 0.3% Zn & 0.1g Au/t in DD10BR001 from 1.3m depth to end of hole originally interpreted to be footwall
alteration to VHMS system (see 2010 model below)
NEW PORPHYRY MODEL BETTER FITS GEOLOGY
 Demagnetised geophysical feature co-incident with gravity low & anomalous base metal geochemistry
 Massive zone of zinc mineralisation in DD10BR001 is common feature in margins of porphyry copper-gold deposits
 Search for mineralisation on west-side of DD10BR001
 Porphyry case studies reveal optimum method for detecting buried deposits
Copper-rich drill core from DD10BR001
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8. What is a porphyry?
 Porphyry copper deposits are
large, relatively low-grade,
intrusion-related deposits that can
be mined using mass mining
techniques
 Typical economic porphyry
deposits have reserves of
between 500Mt & several billion
tonnes of 0.3 - 2% copper & 0.2 –
2 g/t gold
 Porphyry copper deposits are
usually associated with gold
and/or molybdenum
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9. Porphyry Model Metal zoning & alteration patterns
After Kouzmanov, 2012
Cross-section geology
Lexington erosional position?
Eclipse erosional position?
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10.  Miga Arc speculated to be a subduction-related Andean-style
magmatic arc related to the younger Macquarie Arc of central
NSW
 Miga Arc similar to Mt Read Volcanics based on age & rock
type
 Miga Arc is dominantly concealed below thin cover and
remains under-explored – no deep drill holes
 Magmatic arc systems are highly prospective for porphyry
copper, VHMS & epithermal-style base metal and gold
deposits, eg. Cadia, North Parkes
Fore-arc subduction
complex
Miga Arc – cross-section, after Cayley et al, 2011
Miga Arc
Victoria’s new emerging copper belt
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11. Western Victoria Copper Project - Miga Arc
Under-explored volcanic province containing large porphyry Cu-Au targets
 130 kms of under-explored pacific rim style volcanic belt with no
deep drill holes
 Near established infrastructure (power, port, rail, highways,
workforce & processing facility)
 Porphyry-style copper mineralisation confirmed by drilling at
Eclipse and Lexington prospects
 >276 m of zinc + gold + pyrite hydrothermal alteration in
DD10BR001 indicates proximity to porphyry core at Eclipse
 Sole diamond hole at Lexington intersects primary copper up to
0.6% and Mo up to 800ppm in altered granodiorite host of
Cambrian age
 Navarre activities completed:
 26 drill holes for 2,200m at Eclipse
 Detailed aeromagnetic survey at Eclipse
 Soils geochemistry, EM & IP geophysics surveys on Eclipse
 Review of recently uncovered historic data for Lexington
 Reconnaissance mapping, rock chip & soils at Lexington
 50 targets developed for follow-up
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12. Eclipse prospect
Partially concealed porphyry copper-gold system
 Scale potential – large target area (2900m by 800m)
demagnetised feature co-incident with gravity low &
anomalous base metal geochemistry
 Previous shallow high-grade intercepts include*:
 15m @ 0.7% Cu, 1.9% Zn, 0.8g Au/t (RC92GM52)
 13m @ 0.7% Cu, 0.2g Au/t, inc. 2m @ 2.2% Cu (RC92GM55)
 2.0m @ 3.0% Cu, 2.0g Au/t (RC93GM65)
 Alteration assemblages provide vectors to mineralised core
 Graben feature a prime target for a porphyry
* See Navarre’s December 2010 prospectus
Corbett, 1998
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13. Eclipse prospect
Conceptual porphyry copper-gold model
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14. Eclipse prospect
High-quality targets identified with soils geochemistry
 First pass soils geochemistry generates high-quality
anomalies containing an overlap of elements
considered indicative of a porphyry core
 Infill soils program underway to refine anomalies
 Induced Polarisation (IP) geophysics follow-up
 Drill design
Sn W
As
MoPb
Br
Bi
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15. Lexington prospect
Porphyry copper-molybdenum system
Historic information reveals:
 Previous exploration confirms porphyry
system 15km south of Thursday’s Gossan
supergene copper resource
 Shallow air-core drilling outlines 500m x
700m >0.1% Cu halo with minor native
copper
 Co-incident circular magnetic low feature
detected in geophysics
 Sole diamond hole confirms:
 Porphyry-style mineralisation &
alteration *
 Granodiorite host rock *
 Primary copper up to 0.6% *
 Molybdenum up to 800ppm *
* Source: GSV GEDIS Borehole System (open file data supplied by North Exploration)
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16.  Granodiorite porphyry core
Lexington Field reconnaissance highlights potential
 Epithermal-style quartz
 Sulphide in surface rocks
 Highly anomalous geochemistry
& associated quartz veining in NE
quadrant of demagnetised zone
MAGNETIC IMAGE - LEXINGTON DIORITE COMPLEX
Pyrite
VICT3D1
Chalcocite
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17. 2013-2014 Exploration Program
Testing the porphyry copper and gold potential
WESTERN VICTORIA COPPER PROJECT
ECLIPSE
 Infill soils
 IP geophysics surveys
 Drill targeting and planning
LEXINGTON
 Assess historic information
 Surface geochemical surveys
 Geophysics surveys – magnetics & IP
 Drill targeting and planning
REGIONAL
 Regional reconnaissance geology & soils program over
geophysical targets
 Drill design
Eclipse drilling – March 2013
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18. Gold projects – update
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19. Bendigo North - Tandarra
Testing the shallow open pit potential
 Bendigo-style quartz reef gold under shallow cover
 Multiple lines of quartz reef
 29 targets detected by CSAMT geophysics
 14 confirmed by AC drilling to contain anomalous gold
 limited RC drill testing on 2 lines confirms continuity of
mineralised structures
 Scale potential from multiple shallow quartz reefs, open in
most directions
 Bulk sample testing of RC drill residues to assist
understanding of gold grades
 Potential for open pit and underground mining
Sample treatment plant – concentrateSample plant - loading samples ACT151 gold
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20. Navarre Board & Management
Experience & results
Highly experienced leadership team with combined 60 years of exploration and
operational experience in Victoria and track-record of bringing projects into production
Kevin Wilson - Chairman
John Dorward - Non-Executive Director
Colin Naylor - Non-Executive Director
Geoff McDermott - Managing Director
Jane Nosworthy - Company Secretary
Wess Edgar - Exploration Manager
Jodi Ford - Accountant
Marlene Erard - Office Manager
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21. Corporate
ASX code: NML (listed 31 March 2011)
Shares: 59.6 million
Share Price: AUD$0.035 (@ 13 September 2013)
Market Capitalisation: $2.1 million (AUD$0.035)
Major Shareholders: Crocodile Gold Corp.
(owner of Fosterville & Stawell Gold Mines)
9%
Board & Management 25%
Top 20 shareholders 58%
Navarre Minerals Limited
Share Price
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22. Geoff McDermott
Navarre Minerals Limited
40 – 44 Wimmera Street
Stawell
VIC Australia 3380
Tel: 03 5358 8625
Website: www.navarre.com.au
Email: info@navarre.com.au
For more information contact
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