Nagambie Mining Ltd - NAG share price

About

Nagambie Resources Limited, formerly Nagambie Mining Limited, is engaged in the investigation and development of waste handling assets. The Company is also engaged in the exploration for, and development of, gold, associated minerals, and construction materials in Australia. The Company has 100% of tenements surrounding Victorian goldfields at Nagambie, Clonbinane, Rushworth and Redcastle. The Company primarily focuses on Potential Acid Sulphate Soil (PASS) Management Project. The Company carried out a second costeaning program (four costeans totaling 313 meters in length) at the Apollo-Gladys area at Clonbinane, 60 kilometers south of the Nagambie Mine. The Gold exploration by the company is focused on the discovery of shallow, open-pit and heap-leachable oxide gold deposits. The Company has rights over a total of 551 square kilometers of prospective gold ground in the Nagambie region. It is developing all the non-gold material opportunities on the freehold land at the Nagambie Mine.