daytrades december 7 morning ..., page-3

Highlights
Record gold production of 7,600oz in November
Total gold sales revenue of $19.3 million during October & November
Gold sales revenue for first week of December of $3 million (2,095oz)
Cash balance of $17.7 million as at 8 December 2010 (excluding $6.55
million restricted cash)
Debt reduced by $2 million to $13.187 million
Newly established mid-tier gold producer, Navigator Resources Limited (ASX:
NAV) (Navigator) is pleased to provide the following corporate update on the
Companys recent cash flows and an update of the financial position.
Since the September 2010 quarterly report, the financial position of the Company has
strengthened substantially during the ensuing two months due to several important
developments.
As advised in the ASX announcement of 6 December 2010, gold production rose to
7,266oz in October and then to 7,600oz in November. This has generated significantly
increased deliveries during the month of November culminating with more than
2,000oz of gold being out-turned in each of the past two weeks.