Navarre Minerals Limited announced strong gold and silver intercepts from a recently completed reconnaissance air-core (AC) drilling program at its 100%-owned St Arnaud Gold Project, 240 kilometers northwest of Melbourne. The latest assays include a standout gold intercept of 1 meter at 36.4 grams per tonne (g/t) gold in hole SAC223 from 41 meters depth and a standout silver intercept of 2m at 172.0 g/t silver from within a broader interval of 6m at 67.0 g/t silver and 1.2 g/t gold in hole SAC208. Both holes are on the Nelson Line, the most prolific gold trend within the rich historical St Arnaud Goldfield. Along with other high-grade intercepts, these results confirm the strong potential to discover significant economic gold mineralization beneath and about the shallow historical workings of the St Arnaud Goldfield. The AC drilling program consisted of 7,643 meters of drilling across 113 holes, testing mainly the New Bendigo and Nelson lines of reef as well as some regional targets. The results reported in this release are from the remaining 62 holes of the program and follows the initial release of results to the ASX on 26 March 2021. Highlight drill intercepts include: 1m @ 36.4 grams per tonne (g/t) gold from 41 meters (SAC223). 6m @ 1.2 g/t gold and 67.0 g/t silver from 20m (SAC208), including: 2m @ 172.0 g/t silver and 2.5 g/t gold. 4m @ 3.3 g/t gold and 5.6 g/t silver from 24m (SAC213). 1m @ 8.2 g/t gold from 20m (SAC226). 9m @ 1.5 g/t gold from 15m (SAC172). 1m @ 6.3 g/t gold from 65m (SAC189). 1m @ 5.7 g/t gold and 34.8 g/t silver from surface (SAC199). 7m @ 1.0 g/t gold from 32m (SAC227).