The Miga Arc in Victoria Australia is a newly recognised continental margin arc setting like South America’s Andes, host to the world’s largest known copper porphyry systems. The Miga Arc, prospective for large porphyry copper and gold deposits is concealed below recent thin cover and remains under-explored. Navarre Minerals Limited (NML:AU) has a dominant land position along this emerging volcanic belt and has had some early exploration successes.

1. SCIENCE  DISCOVERY  GROWTH
Investor Presentation
Miga Arc – Western Victoria’s newly emerging copper belt
23 October 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
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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 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

3. Miga Arc
Victoria’s new emerging copper belt
 Miga Arc now recognised as an
Andean-style volcanic arc concealed
below recent thin cover and remains
under-explored
 Miga Arc comparable to widely
explored Macquarie Arc
 Rocks are similar in age & type to Mt
Read Volcanics of Tasmania, host to
Mt Lyell & Rosebery Mines
 Volcanic arc systems world-wide host
porphyry copper, VHMS, epithermal
base metal and gold deposits
Approx. location of seismic section
shown in next slide
SE Australia’s main volcanic terranes and
their present identified metal endowments

4. Andes Volcanic Range, South America
S
Miga Arc
New seismic data show
copper & gold opportunities
in western Victoria
Pacific plate
N
South American
plate
~ 500 million years ago
W
E
 Arcs form above subduction
zones at plate boundaries (eg.
Andes, Indonesia)
Present day Western Victoria
E
W
Miga Arc seismic survey interpretation, after Cayley et al, 2013 (in prog.)
 Most arcs contain giant
porphyry copper deposits

5. Cu-Porphyry Exploration Targets1
 >500Mt tonnes
 0.3 – 2 % copper
 0.2 – 2 g/t gold
 Porphyry copper deposits are large, low-grade, bulk-mined deposits
 Largest are 1.5 – 3 billion tonnes @ 0.7-2% copper
 Usually associated with gold and/or molybdenum
Cadia Hill Porphyry Cu-Au Mine, central NSW
1 Refer to slide 2 – Exploration Targets 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.

6. Western Victoria Cu Project
 Dominant land position - 130kms volcanic belt,
1,270km² tenure*
 4 Cu-porphyry prospects drill-confirmed Eclipse, Lexington, Pollockdale & Glenlyleˠ
 50 targets generated for testing
 High grade intercepts – shallow at Eclipse:
 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)
 2m @ 3.0% Cu, 2.0g Au/t (RC93GM65)
 >276m of zinc + gold + pyrite hydrothermal
alteration (DD10BR001) is evidence of scale and …
… proximity to Cu-porphyry core at Eclipse
* Includes new Glenlyle exploration application area of 61km²
ˠ
Glenlyle ELA subject to government approval

7. Our view
Miga Arc:
 newly recognised continental margin arc setting like South
America’s Andes, host to the world’s largest known copper
porphyry systems
 emerging Cu-Au porphyry province
 potential for discovery of giant deposits
 comparable with Macquarie Arc (host to Cadia Mine) and Mt Read
Volcanics (host to Mt Lyell Mine)
 independent Navarre and GSV* studies (inc. rock/ alteration)
suggest proximity to Cu mineral deposits
* Geological Survey of Victoria

8. Our proposed work program
Testing the porphyry copper and gold potential
 Complete soil geochemistry
 Complete spectral studies
 Conduct IP geophysical surveys
 2 x 700 metre deep diamond drill holes at Eclipse (Phase 1)
 Reconnaissance drilling at Lexington, Pollockdale & Glenlyle
 Phase 2 drilling of IP, geochemical and structural targets

9. For more information contact