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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 stainless101on Oct 13, 2010 3:24am
477 Views
Post# 17557142

News

NewsNorth American Gem Inc. Director Resigns

VANCOUVER, BRITISH COLUMBIA, Oct 01, 2010 (MARKETWIRE via COMTEX News Network) --

NorthAmerican Gem Inc. (NAG) (TSX VENTURE: NAG) reports that Mr. Bruce Lockhas resigned effective October 1, 2010 as director and CFO of thecompany to pursue personal interests. The company wishes to express itsgratitude for the contribution that Mr. Lock has made to the company andwishes him well in his future endeavors.

To fill the vacancycreated by Mr. Lock's resignation, the company has appointed Mr. DougMcFaul as director and CFO of the company. Mr. McFaul has 16 yearsexperience with companies involved in the public markets. Mr. McFaul hasheld senior management positions with various public companies.

NorthAmerican Gem Inc. (TSX VENTURE: NAG) is a junior resource company inWestern Canada. The company's major focus is expanding its coal miningoperations at its flagship properties in Kentucky. In addition, thecompany has interests in coal, copper, molybdenum, and other base metalsin Canada.

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