Nagambie Resources Ltd V.NAG

Primary Symbol: NGMBF

Metals & Mining Gold

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.

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Nagambie Resources Ltd

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Post by nemo3on Mar 22, 2010 12:16am

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Post# 16908275

where will NAG sp go?

I think we are at least 30 plus days away from mine 2 up and running due to the 30 day requirement referenced earlier.

It is difficult to say where the sp will head once they get mine 2 up and running. I guess it depends on how # 1 is performing and how fast they can actually get employees and eqpt in to work the mines to maximum capacity.

Thoughts anyone?

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