More boom coming Nagambie Chairman, Kevin Perrin, said: “This...

More boom coming

Nagambie Chairman, Kevin Perrin, said: “This discovery of stibnite veining at the eastern end of the West Pit is exciting for two reasons:
1) our exploration team considered that another set of veins, similar to the previously discovered C1, C2 and C3 northsouth-striking lode systems, could exist in that location, and they discovered the veins almost exactly where they thought they would; and
2) the discovery, where predicted, provides our exploration team with even greater confidence that more antimonygold vein systems could be discovered at semi-regular spacings between vein sets of circa 125m west-to-east.

“While Nagambie’s focus is to firstly get the near-surface high-grade mineralisation under the West Pit into production, tremendous upside exists longer term at depth to 1,000m or more, within the 1.5 km mineralisation target to the east of the West Pit and within the 2.0 km mineralisation target to the west/south west of the West Pit.”

Should be much easier to find the $$$ necessary to get into production