NAG 9.09% 1.0¢ nagambie resources limited

Ann: Antimony-Gold Mineable Intersections Increased to 18, page-7

  1. 2,660 Posts.
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    My point being NAGs is no where near qualifying as a Reserve or Resource, after only 10 DHs with Assays back.

    Having said that the results after 10 DHs is very encouraging, with 18 Mineable Intersections and average grades of AuEq being over 5x the MCOG.

    We couldn't ask for much more re the grades but what we could ask for is a lot more Assayed DHs & a much faster turn around from when the DHs are completed & the Assays are done & Announced.

    The number of DHs will obviously help to define the extent & magnitude of the mineralisation. There is no substitute for the number of DHs so I hope NAG can up the anti with throughput & reporting of DHs, because that will move us closer towards the being classified as a Resources or later as a Reserve.

    By a competent person I might add rather than by wantabe posters on an Internet Forum that don't even know in some cases, that the terminology is regulated.
 
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