NAG 18.2% 2.6¢ nagambie resources limited

Ann: CEO's Presentation to Shareholders, page-46

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  1. 606 Posts.
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    Meanwhile on the gold front:

    According to the CEO's presentation last Friday NND001, first hole in the Nagambie Mine West area has shown intersections of course sandstone flooded with hydrothermal quartz and carbonate, supporting hypothesis that grades of mineralisation increase to the west.

    Additionally the IP survey graphic showing the NND002 track and sulphide concentration contour lines in the "purple" zone suggest it's probably reasonable to expect that the drill might intersect the first important contour line (300m down hole) any day now.

    Having re-looked at the 3D graphic again, and knowing that we're now creeping westward along the Nagambie West target I see cause for a little excitement.

    If I were a betting man I might be tempted to place my first bet on a significant quartz intercept very soon.

    I'd also be expecting the FOMO to begin kicking in shortly.

    Go NAG - gold, PASS, sand, quarry materials - lots happening right now.
 
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