• Discovery intersection of antimony-gold C4 lode, 40.5 g/t AuEq over 1.83m
• Highest antimony assay of 38.7% Sb and highest gold assay of 8.7 g/t Au
• Plans to drill out the C4 lode on a 50m x 50m pattern to add to the current JORC Inferred Resource

Nagambie Resources Limited (ASX: NAG) announced the discovery of a visually significant antimony veining approximately 130m east of the C1E vein, and 123m vertically below surface, in diamond hole NAD056. The mineable antimony-gold (Sb-Au) intersection extended for 7.3m downhole from 154.0m, had an estimated horizontal thickness (EHT) of 1.83m, and averaged 40.5 g/t AuEq. This is considered a very exciting result for the company, achieving one of its highest-grade intersections with the very first hole drilled into the C4 lode. The confirmed semi-regular spacing of the first four C lodes over 490m, with 3,500m remaining untested, raises the question of just how big the Nagambie Mine antimony-gold system could become. The company plans to drill out the C4 lode on a 50m x 50m pattern to add to the current JORC Inferred Resource. The Nagambie Mine can be considered geologically to be in the Costerfield-Nagambie District in the northern portion of the Melbourne Structural Zone, with the deposits both underlain by the Selwyn Block, considered to be the source of the gold and antimony. The current JORC Mineral Resource Estimation (MRE) under the West Pit is 539,000 tonnes at 3.9% Sb and 3.3 g/t Au for 20,800 tonnes of antimony plus 58,000 ounces of gold, or 322,000 ounces AuEq at 18.6 g/t AuEq.