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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 SUCYNon Dec 28, 2009 9:26am
571 Views
Post# 16620664

Good news for L.Lake

Good news for L.Lake

Commodities to rise in 2010

Brendan Ryan |Mon, 28 Dec 2009 11:25
[miningmx.com]-- BOTH UK research consultancy GFMS and UK brokers Fairfax IS(Fairfax) have turned bullish on forecast metals demand from Chinaduring 2010, with Fairfax also predicting strong gains for miningequities.According to Fairfax’s outlook for 2010, “mining equities are set tostorm through the 2010 earnings season driven by strong gains fromcommodities, currencies and rationalisation gains”.The Fairfax report said better news was coming from the United Statesand China. It added commodity prices “look set to gain further asglobal growth recovers from the shock of the credit crisis.
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