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After a triple-checking, Nagambie Resources Limited has inked a new record high #gold strike of 340g/t over 0.2m within an economically mineable intersection at the Nagambie Mine Thrust.The company has discovered 40 economically mineable intersections averaging 14.5g.t AuEq so far, and believe this result opens the likelihood that the thrust could play host to high-grade shoots along a minimum strike of two kilometres as it advances toward a maiden economic #JORC resource.“The laboratory checked the 340 g/t Au assay three times and confirmed that it was real. With no visible gold, and no visible sulphides, the assay represents fine, free gold within the quartz vein. The volume influence of a gold nugget in quartz (nuggety Bendigo / Ballarat style) can be very limited. The volume influence of fine, free gold, by its nature, can be significantly greater. With the deepest intersection to date occurring only 250m vertically below surface, we have only scratched the surface of what could be a major high-grade, antimony-gold orebody.” – Nagambie Executive Chairman Mike Trumbull Subscribe to MarketOpen Insights! https://lnkd.in/g7qSSk8m

Nagambie (ASX:NAG) set new namesake gold record

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