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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 Perform4uon Mar 03, 2010 10:54am
357 Views
Post# 16837793

Waiting...Waiting...Waiting...

Waiting...Waiting...Waiting...

coal mining GIF Animation

Thought I would pass some Coal Facts while waiting for a shot of energy to be injected into NAG

- The United States produces over 1 billion tons or about 35% of the world’s coal supply – second only to that of China.

- Coal generates more than half of the electricity used in the United States.

- U.S. coal deposits contain more energy than that of all the world’s oil reserves.

- The United States has more than a 250-year supply of coal if it continues using coal at the same rate at which it uses coal today.

- Each person in the United States uses 3.8 tons of coal each year.

- More than 2 million acres of mined lands have been reclaimed over the past 20 years – that’s an area larger than the state of Delaware.

- Wyoming is the top coal producing state producing about 390 million tons in 2004. Montana is the state with the most coal reserves of about 120 billion tons.

- Coal ash is used as filler for tennis rackets, golf balls, and linoleum.

- Texas is the top coal consuming state using about 100 million tons each year.

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