Ann: Update on Drilling of C1 Target Below The West Pit, page-2

UPDATE ON DRILLING OF C1 TARGET BELOW THE WEST PIT

Nagambie Resources (ASX: NAG) is pleased to announce that NAD007, the first diamond drill hole in the previously-announced 2022 program planned to test the C1 Costerfield-Mine-style antimony-gold target below the West Pit at the Nagambie Mine, has intersected approximately two metres of stockwork stibnite veining from 250m down hole. Detailed logging of the intersection and selection / half-core sawing of individual lengths for laboratory assaying is now underway. NAD007 was drilled in a south-westerly direction from the northern side of the West Pit. Given the significant result in NAD007, it has been decided to drill the first follow-up hole, NAD008, in a north-easterly direction from the south side of the West Pit. If NAD008 intersects the C1 target as planned, it should then be possible to determine the strike direction and dip of the C1 antimony-gold vein system with a good degree of accuracy based on the three C1 intersections in NRP02 (drilled in 2006), NAD007 and NAD008.

Stibnite = antimony = gold

Looks like the NAG modelling is on the money
The next hole should tell a better story