So they can avoid the commentary about the project being economically viable
Really?
14.5 g/t AuEq at shallow depths. Is that why they have already designed an incline and keep talking about mining this asset. You really need to read the Quarterly
The 40 economically-mineable intersections (or potential stopes) from the first drilling program average 3.7m downhole length, 1.6m EHT and 14.5 g/t gold equivalent (5.4% antimony plus 4.7 g/t gold).
...
“The 340 g/t gold assay in a quartz vein within the Nagambie Mine Thrust is an exciting new result for Nagambie. It opens up the likelihood that high-grade ore shoots could occur within thrust faults at the Nagambie Mine, as they do at the Fosterville Mine. With the known Costerfield-style mineralisation at the Nagambie Mine, Fosterville-style mineralisation would further increase the gold equivalent ounces per vertical metre. “With the deepest intersection to date occurring only 250m vertically below surface, we have only scratched the surface of what could be a major high-grade, antimony-gold orebody
Maybe theyt can issue the next Quarterly in Braille just for you pokey
NAG Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
