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Company News
Nagambie Resources increases mineable antimony-gold intersections further at namesake project
The number of mineable antimony-gold intersections has increased again at Nagambie Resources’ (ASX: NAG) namesake project in Victoria, with latest assays revealing the highest-grade antimony intercept to-date. Nagambie previously operated in the 1990s as a heap leach gold operation and retains a mining licence. Latest assays are from four holes drilled at the project and […]
Nagambie Resources builds mineable antimony-gold intersections at namesake project
Nagambie Resources (ASX: NAG) has boosted its antimony-gold mineable intersections to 18 after receiving more assays from drilling the C1 vein system of its Nagambie historical mine in Victoria. Nagambie was a heap leach gold mine that operated in the 1990s and retains a granted mining licence. The company has been actively drilling the ground […]
Nagambie Resources identifies more antimony-gold in C2 vein system
Nagambie Resources (ASX: NAG) has identified more high-grade antimony-gold mineralisation in drilling at the C2 vein system near to the historic Nagambie mine in Victoria. Assays of up to 27.9% antimony, 29.4 grams per tonne gold and 82.7g/t gold equivalent have been reported. They give the C2 vein system three potential mineable cut-off grade stopes […]
Nagambie Resources discovers second antimony-gold vein system at Victorian flagship project
Located just 40km from Australia’s only producing antimony-gold mine, Nagambie Resources (ASX: NAG) has made a big leap forward at its own project with the discovery of a second antimony-gold vein system. A wildcat hole at the company’s Nagambie mine in central Victoria, which was testing to the west of its C1 system, has intersected […]
Victorian goldfields stage resurgence as explorers flock on Fosterville nearology
A spike of gold activity in western Victoria has recently put the district back on the map, leading some industry punters to suggest the local gold sector is on the cusp of a major re-birth. The Victorian town of Ballarat first put the state on the map for its large gold endowment back in 1850s […]
Nagambie Resources’ geophysical survey uncovers four gold anomalies across Nagambie
Nagambie Resources (ASX: NAG) has identified four gold targets in a 2.7km cluster at its wholly-owned Nagambie project area after carrying out a 3D induced polarisation geophysics survey of the project area in central Victoria. The survey has revealed four underground sulphide targets near the historic Nagambie mine, with the new targets including Nagambie, Nagambie […]
Could western Victoria become a world-class copper and gold mining province?
Sometimes all it takes for a lot of wealth to be created is for a fresh understanding of something that has always been there. That is particularly the case for western Victoria, which could well be on the cusp of becoming one of the world’s big copper and gold provinces, should the theory about very […]