Investor Presentation March 2025

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Stock Nagambie Resources Ltd (NAG.ASX)
Release Time 4 Mar 2025, 8:59 a.m.
Price Sensitive Yes
 Nagambie Resources Presents Investor Update
Key Points
  • Flagship Nagambie Antimony-Gold Project with high-grade JORC inferred resource
  • Progressing development of processing plant at Nagambie Mine site
  • Exploration potential across 1,000 sq km of tenements in Victoria
Full Summary

Nagambie Resources Ltd (ASX: NAG) is an exploration company targeting epizonal gold and antimony mineralized systems across 1,000 sq km of tenements in the Waranga Domain of the Melbourne Structural Zone, in Victoria, Australia. The company's flagship project is the Nagambie Antimony-Gold Project, located at the 100% owned Nagambie Mine, which contains Australia's highest-grade antimony JORC inferred resource. Nagambie has a mining licence over the project and has completed permitting to develop a toll processing plant. The company is currently focused on growing the JORC inferred resource through a follow-up drill program, aiming to double the resource by testing the vertical and horizontal extent of the multiple and shallow mineralized systems intersected to date. With a JV partner, Nagambie is developing a 300,000 t/a toll treating facility at the Nagambie Mine, providing a clear pathway to production for the Nagambie Antimony-Gold Project. Nagambie's broader tenement package of over 1,000 sq km also includes 100% ownership of the epizonal antimony-gold Whroo Goldfields and an under-explored outcropping area near Miepoll, offering significant discovery potential. Over the next 12 months, the company's key objectives are to grow the JORC inferred resource, advance permitting for the exploration decline and associated underground development, and commence a project scoping study.

Outlook

Nagambie Resources is focused on growing the JORC inferred resource at its flagship Nagambie Antimony-Gold Project through further drilling, with the goal of doubling the resource. The company is also advancing permitting for an exploration decline and associated underground development, and plans to commence a project scoping study in Q4 2025.