Better sell those NAG shares you say you hold
You wouldn't know a deposit if you fell in one
If by small intercepts you mean ....
Nagambie announced the discovery of the first high-grade, antimony-gold vein system, C1, on 16 November 2022. Subsequent to the quarter, the second vein system, C2, 200m west of C1, was announced on 23 January 2023.
• The 10 high-grade intersections within the MCOG (mineable cut-off grade) zones for the C1 and C2 vein systems to date average 16.3 g/t AuEq (gold equivalent) with average antimony and gold being 6.3% Sb and 4.3 g/t Au respectively.
• The average grade of 16.3 g/t AuEq is 5.4 times the MCOG of 3.0 g/t AuEq. This indicates potentially very-low operating cost, very-high operating margin mineralisation.
Then SXG stil have to reach the NAG Mineable Cut Off Grade and that is why they don't publish a MCOG
because they still have no mineable cut off grades lol
Maybe they need a few more drills and geologists on the team
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