NAG 2.78% 1.9¢ nagambie resources limited

Gold Price $A, page-27

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    We've kept this quiet for a while
    anyone got a mini excavator?


    CLONBINANE GOLDFIELD TRENCHING RESULTS
    •   The highest individual 1.0 metre channel sample result was 20.8 g/t gold from 53 to 54 metres in trench CT005 at Apollo West. The second highest value of 10.9 g/t gold was also returned from trench CT005 from 35 to 36 metres at Apollo West. Overall, 10 samples returned gold grades in excess of 3.0 g/t gold and 55 samples returned gold grades in excess of 1.0 g/t gold.
    •   The best continuous interval trench result was 28 metres at 2.3 g/t gold from 31 to 59 metres in CT005 at Apollo West. The second best result was 9 metres at 2.5 g/t gold from 69 to 78 metres in CT006 at Gladys.
    •   Assays for the Apollo-Gladys channel samples have indicated several zones of halo gold mineralisation that could be excavated at surface to establish underlying mining benches.
    •   To better define the surface gold mineralisation ahead of a mining application, the Company has submitted a work plan to excavate three costeans, 1.5 metres deep and totalling approximately 380 metres in length.
    •   The shallow trenches exposed mostly deeply-weathered and varyingly-brecciated siltstones and fine sandstones, with rare diorite dykes. Quartz veining was minimal. All the trenches were excavated with a mini-excavator (and subsequently backfilled and rehabilitated), indicating that all future mining operations could be carried out by a moderately-sized excavator only with no need for drilling and blasting.
    https://www.nagambieresources.com.a...18-Clonbinane-Goldfield-Trenching-Results.pdf
 
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