NAG 10.0% 0.9¢ nagambie resources limited

Ann: Costerfield-Mine-Style Gold-Antimony Target at Nagambie Mine, page-2

  1. 55,096 Posts.
    lightbulb Created with Sketch. 1007
    What a great read

    I'm surprised that any announcements that starts off with

    HIGH-GRADE, COSTERFIELD-MINE-STYLE, GOLD-ANTIMONY TARGET BELOW THE WEST PIT AT THE NAGAMBIE MINE

    A spectacular-looking intersection in 2006 of multiple massive stibnite veins with gold grades up to 24 g/t Au and antimony grades up to 60% Sb from approximately 80m vertically below surface was never explained geologically. With the intersection occurring on Nagambie Resources’ 100%-owned Mining Licence MIN 5412, and with access to the treatment plant being built at the Nagambie Mine, a decline-mine development could be rapidly advanced if exploration proved successful. An initial program of two shallow, scissored, oriented diamond drill holes, to establish the strike and dip of the stibnite veins, and vertical continuity, is planned to commence in coming weeks.

    Would be considered as not price sensitive.
    Not that the market pays too much attention to what is regarded as price sensitive these days
 
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