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Nagambie Resources Ltd V.NAG


Primary Symbol: NGMBF

Nagambie Resources Limited is an Australia-based natural resources exploration company. The principal activities of the Company include exploration for, and development of, gold, associated minerals including antimony, and construction materials in Australia, and the investigation and development of waste handling assets. The Company is focused on targeting epitherm alantimony-gold mineralized systems across 3,200 square kilometers of tenements in the Waranga Domain of the Melbourne Structural Zone, in Victoria, Australia. The Company's flagship project is the Antimony-Gold Project, which sits in proximity to the gold-antimony mines at Fosterville (Agnico Eagle) and Costerfield (Mandalay Resources). The Antimony-Gold Project is located at the 100% owned Nagambie Mine. Its Whroo Goldfields project is located approximately 130 kilometers (km) north of Melbourne. It also holds interest in Whroo Project, PASS Project, and Sand Project.


OTCPK:NGMBF - Post by User

Post by pitbullishon May 10, 2009 3:02pm
347 Views
Post# 15981917

don't foget about WCU&SF

don't foget about WCU&SF drilling on nags property in as early as 3 weeks that will also be very interesting!!!! VANCOUVER, BC, Apr 28, 2009 (MARKET WIRE via COMTEX News Network) --

North American Gem Inc. (TSX-V: NAG) (the "Company") would like to announce that Silver Fields Resources Inc. (Silver Fields) and WestCan Uranium Corp. (WestCan) have received notification from the Saskatchewan Ministry of Environment that the project proposal for exploration on the Old Channel Project, located near Tobin Lake, has been approved. The program has identified 18 potential drill sites on Coal Prospecting Permits held by WestCan and 15 potential drill sites on Coal Prospecting Permits (Township 55-07-02) held by North American Gem and optioned to WestCan and Silver Fields (See news from Feb 17, 2009 at https://www.northamericangem.com/newsrelease/2009/158/).

Officials from Silver Fields, the acting operator for the project, will be in Nipawin in early May to finalize drill contracts and begin mobilizing the necessary equipment and personnel. It is expected that exploration and drilling could commence in early June, depending on weather and ground conditions

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