Ann: Quarterly Activities Report, page-7

Good summary Jetblue

Keep in mind that if we are anything like Fosterville and Costerfield then the deeper we go the better our grades become.

'' Nagambie Resources’ Executive Chairman, Mike Trumbull, commented: “Success in locating C2 200m west
of C1 greatly increases the likelihood of progressively locating further C-style vein systems to the SW of the West
Pit - as predicted by our structural model. In exploration terms, we are now considering a very significant ultimate
target to 1,000m vertical depth, but we are committed to exploring from underground as soon as possible. In
production terms, Nagambie’s ultimate target is to become the largest and highest-grade antimony mine in the
western world




I also found this comment interesting

''During the quarter, bids were requested for PASS storage for the first stage of the Victorian Government’s
Suburban Rail Loop Project. Nagambie submitted a bid for underwater storage of the PASS at the Nagambie
Mine.''