Mining Plus has commenced modelling the Costerfield-Mine-style antimonygold (Sb/Au) vein systems at Nagambie’s 100%-owned Nagambie Mine. The grade distribution within the currently defined high-grade lodes shows the mineralisation is not highly-nuggety / highly-variable.
• Nagambie considers that it has discovered one of the highest-grade antimony orebodies in the western world, being aware of only one Russian Sb/Au mine complex¹ in the world with higher grades.
• Mining Plus has designed the exploration decline and exploration ore drives at 105m and 125m vertically below surface. The designs will form part of Nagambie’s Work Plan Variation application under its Mining Licence MIN5412.
• Nagambie’s Sb/Au exploration tenements exceed 3,000 sq km in the Waranga Domain of the Melbourne Zone and cover ground that Nagambie considers to be highly prospective for less-geologically-complex Sb/Au orebodies, such as the Fosterville, Costerfield and Nagambie mines.
We have some great Antimony orebodies we have a mining licence we have Work Plan Variation application in progress
more drilling upgrades to come
NAG Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
