• Historical GSV report indicates antimony veins at Whroo are analogous to those discovered at Nagambie Mine
• High-grade antimony and gold assays from recent drilling under the Balaclava Mine
• Plans to drill E-W holes to target N-S striking antimony veins at Whroo

Nagambie Resources Limited (ASX: NAG) is pleased to announce important research findings regarding its 100%-owned, highly-prospective Whroo Project. The company's consultant geologist has researched the publicly available information on the Geological Survey of Victoria (GSV) website, including a 1877 report on the Whroo Mines. The report indicates that the antimony veins at Whroo are an analogue to the antimony veins recently discovered by the company under the West Pit at the Nagambie Mine. The report also highlights the occurrence of antimony veins or the association of antimony ores in the auriferous veins at the Balaclava Hill, Albert Reef, and Stockyard Reef. In 2022, Nagambie announced the assay results for two diamond holes drilled by a then-joint venturer under the Balaclava Mine, which included high-grade gold and antimony intersections. Based on this information and the company's experience of drilling E-W holes to discover the N-S-striking antimony veins under the West Pit at the Nagambie Mine, Nagambie plans to drill initial holes at Whroo under the Balaclava and Albert Mines in an E-W direction.

Nagambie plans to drill initial holes at Whroo under the Balaclava and Albert Mines in an E-W direction to target the N-S-striking antimony veins, based on the information from the historical GSV report and the company's experience at the Nagambie Mine.