Ann: Quarterly Report, page-2

If anyone needs reinforcement about the potential of this stock the following should leave no doubt in your mind.

"Nagambie Resources’ Chairman, Mike Trumbull said: “The combination of high-tech IP and our advanced gold deposition model for the Waranga Province now possibly has the Company on the cusp of making a series of major gold discoveries in central Victoria. “The drilling of the four compelling, Fosterville-style, sulphide-gold-insediments targets is a potential game-changer for the Company. If the drilling program intersects economic-grade gold mineralisation, the value of our Nagambie Project gold tenements, which cover over 2,000 sq km and encompass all the 10 significant indicated crustal faults in the Waranga Province, will increase dramatically.”

"Arsenopyrite-pyrite gold mineralisation of the Fosterville and Lockington style occurs as very fine sulphide crystals in a sandstone or siltstone host rock. Arsenopyrite has a weaker IP chargeability response than pyrite, and the IP survey chargeability levels matched expectations. The targeted mineralisation style also is associated with strong silicification and fine quartz veining – this style is associated with higher than normal electrical resistivities. The survey results showed a strong association of higher resistivity with higher IP chargeability."

"Nagambie Resources group tenements as at 31 March 2018 are shown in Appendix 1 (plan and table). EL6606 (Gowangardie) of 120.0 sq km was granted during the quarter. EL6719 (Euroa) of 204.0 sq km, EL6720 (Tatura) of 214.0 sq km and EL6731 (Arcadia) of 493.0 sq km were applied for during the quarter."

Need I go on? The evidence is there but DYOR .