Nagambie Resources to Restart Drilling at Victoria Mine; Shares Up 43%

MT Newswires Live

2024/10/11

Nagambie Resources (ASX:NAG) is set to resume diamond drilling at the Nagambie mine in Victoria, focusing on the high-grade gold-antimony orebody, according to a Friday filing with the Australian Securities Exchange.

The company secured a diamond drilling rig for November to expand the mine's gold-antimony JORC Resource, the filing said.

Shares rose nearly 43% in recent Friday trade.

Price (AUD): $0.02, Change: $+0.0060, Percent Change: +42.86%

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