NAG 6.67% 1.6¢ nagambie resources limited

NAG’s Antimony - bring it on

  1. 857 Posts.
    lightbulb Created with Sketch. 231
    https://www.businesswire.com/news/h...loyment-of-Liquid-Metal™-Battery-System


    https://etn.news/energy-storage/ambri-s-liquid-metal-battery-steps-closer-to-commercialization


    Hopefully Monday’s June Quarterly will give us a clearer picture of NAG’s timeline to an antimony resource definition and mining/production of the shiny stuff.


    From the last Quarterly….


    “Nagambie Resources’ Executive Chairman, Mike Trumbull, commented: “The Sb/Au resource drilling program at the Nagambie Mine has been an outstanding success, discovering one of the highest-grade Sb orebodies in the world and the highest-grade Sb orebody of size ever in Victoria”


    From the 22 May announcement….


    “A primary use of the funds raised in the recent renounceable entitlement issue was the contracting of a second diamond rig to accelerate the drill-out of the Nagambie Sb-Au orebody and, as a result, bring forward Nagambie’s maiden JORC Resource. A JORC Inferred Resource above 250m vertical depth plus a JORC Exploration Target below 250m are planned to be calculated.”


    From the December 2022 Quarterly….


    “Preliminary discussions held with a large overseas antimony-gold refinery that approached Nagambie in regard to an offtake arrangement for Nagambie’s future antimony-gold flotation concentrate”
 
watchlist Created with Sketch. Add NAG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.