LEONORA (CARDINIA ET AL)

Navigator Resources announced that it commenced trial mining activities at its Leonora Gold Project, Western Australia. The Company is conducting the mining and processing trial of approximately 75,000 tonnes of ore (less than 1% of the overall resource) with the objectives of: testing and verifying mining cost estimates and materials handling; verifying ore grades; verifying gold recovery; and determining the optimum material blend throughput rates.

Navigator Resources Limited reported that in the quarter ended December 31, 2009, the Bronzewing property near Leinster in Western Australia received approval by the Department of Mines and Petroleum and some major contracts awarded with more to be decided in the next few weeks. Key personnel were appointed during Novemeber and December 2009 and site mobilization was occuring in January and February 2010. During the quarter, the company commenced discussions with Mega Uranium Limited regarding the possible sharing of infrastructure and services between the two companies. These discussions progressed to the signing of a non-binding memorandum of understanding reflecting joint interests in negotiating for the shared use of certain Navigator owned Bronzewing Gold Project facilities.

Navigator Resources announced a fully underwritten rights issue to shareholders to raise approximately A$21.6 million gross proceeds. On completion of the issue, the company will have the required funds to bring Bronzewing into production and conduct trial mining and processing at the Leonora Gold Project, both located in Western Australia, Australia. The company drilled and progressed the Cummins Range Rare Earth project. Drilling stopped in the deposit’s best grades and widths to the north-west. Further drilling is also required to the north and other prospects within the diatreme perimeter.