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Nagambie Resources Limited ( (AU:NAG) ) just unveiled an update.
Nagambie Resources Limited announced significant assay results from the C4 antimony-gold lode, revealing high-grade mineral intersections. This discovery supports their structural model and suggests potential for further exploration. Additionally, the company has engaged JP Equity Partners to manage a placement with investors, leading to a temporary trading halt of NAG shares on the ASX. These developments could enhance Nagambie’s operational capacity and market positioning in the mining sector.
More about Nagambie Resources Limited
Nagambie Resources Limited is a company operating in the mining industry, focusing on the exploration and development of antimony and gold deposits. The company holds tenements in central Victoria, Australia, and is engaged in the discovery and extraction of mineral resources.
YTD Price Performance: -5.56%
Average Trading Volume: 507,378
Technical Sentiment Signal: Sell
Current Market Cap: A$13.66M
Learn more about NAG stock on TipRanks’ Stock Analysis page.