Just in case you missed this announcement as well dbl COMPLETION...

Just in case you missed this announcement as well dbl

COMPLETION OF CLONBINANE GOLDFIELD PURCHASE AND INDEPENDENT GEOLOGIST’S REPORT
Nagambie Mining (ASX: NAG) is pleased to announce that it has completed the acquisition of 100% of Exploration Licences 4460 and 4987 at Clonbinane, midway between Melbourne and Nagambie in Victoria. The consideration was 13.0 million fully paid ordinary Nagambie Mining Limited shares plus $23,000 in relation to the environmental tenement bonds. For more detail of the acquisition, refer to the Company’s ASX announcement of 30 June 2014.
Attached is an Independent Geologist’s Report (“IGR” on the Reedy Creek (Clonbinane) Mineral Property by Ravensgate Mining Industry Consultants dated 24 April 2013. In the covering letter to the IGR, addressed to Nagambie Mining and dated 8 July 2014, Ravensgate say in part: “No material changes have been undertaken on the Project since Ravensgate’s review and Ravensgate considers its’ opinions and findings to remain unchanged.”
Nagambie Mining recommends that shareholders read the Ravensgate IGR and covering letter in their entirety.
With reference to Figure 6 and Figure 7 on pages 19 and 21 respectively of the IGR, Nagambie Mining notes that some of the better oxide drilling intersections at Apollo & Golden Dyke to date include: 21m at 4.8 g/t gold from 9m down hole; 15m at 4.1 g/t from 25m; 19m at 2.7 g/t from 6m; 8m at 6.3 g/t from 9m; 15m at 2.9 g/tfrom 7m; 9m at 3.0 g/t from 28m; 4m at 6.6 g/t from 15m; 2m at 9.4 g/t from 27m; and 2m at 6.9 g/t from 6m.
With reference to Table 5 and Table 6 on pages 22 and 23 respectively of the IGR, Nagambie Mining notes that the most recent resource for Clonbinane was estimated in late 2008 by Beadell Resources Limited. The Inferred Resource of 609,000 tonnes at 2.4 g/t gold for 47,000 ounces of gold was reported in accordance with the guidelines of the JORC Code (2004).
Mike Trumbull
Executive Chairman