NAG 35.3% 2.3¢ nagambie resources limited

Australian Gold Mines, page-85

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    And how did they get started - KLA & Fosterville.

    Isn't that the same Fosterville Mine that was formerly owned by Perseverence, who only looked for & mined Oxidised Gold in the Top 50m. Didn't they then abandon it or sell it off to KLA (or intermediatries) before KLA decided to go deep, look'g for Sulphide Gold and found it Big Time. Wala- Bonanza Gold strikes of 39g/t Average.

    Now who was it that mined at Nagambie and only looked for & likewise only found Surface Oxidised Gold and after it ran out sold out to NAGs about 10-12 years ago. Same story so far - it was Perseverence. And isn't NAGs now looking deep for Sulphide Bonanza Grade Gold. Still the same story. Next step is the final step - when NAGs strikes similar Bonanza Grades ... and it could well be in this Quarter.

    I like the parallels so far. KLA put down a lot of drill holes before they hit the bonanza grades - more than 20. NAGs has completed 7 so far & received results on 6. I don't think we will need to get to 20 before the champagne corks are popped. Just imo.
    Last edited by JetBlue: 09/01/19
 
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