Nagambie Resources Limited · ASX:NAG

Nagambie Resources — Panaegis Gold Mines — Shareholder Meeting (November 2006)

27 slides from Nagambie Resources's shareholder meeting presentation, Nov 29, 2006

  1. Slide 1: Panaegis Gold Mines Limited - AGM 2006

    Panaegis Gold Mines Limited (ABN 42 111 587 163) Panaegis - “Global Economic Shield” Shield” AGM 2006 Presentation: Mr Ian D Buckingham Managing Director/CEO Melbourne, 29 November 2006

  2. Slide 2: Managing Director's Review

    Managing Director’s Review Start up objectives achieved „ Exploration on Large, fine-grained, disseminated gold deposits, either in sediments or volcanics „ Systematically evaluated tenements „ Evaluated areas for acquisition and made applications „ Built a strong exploration team „ Acquired a regio

  3. Slide 3: Managing Director's Review - Sampling

    Managing Director’s Review All types of Sampling 1600 1400 1200 1000 Quantity 800 Samples 600 400 200 0 Jun-06 Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Date

  4. Slide 4: Managing Director's Review - Tenement Map

    Managing Director’s Review BENDIGO 7, ZONE \ ®Inglewood ¢StAmaud Wedderburn ———|__ EL4721 a | 4 e Tarnagulla © Dunolly Fosterville Bendigo ¢ by Heathcote EL4941 Maldon @ © Maryborough © Castlemaine Taradale 4 £14527 We EL4894 Kyneton e| EL4895 EL4890 STAWELL ZONE Castlemaine f EL4722 = | Daylesford

  5. Slide 5: Nagambie Mine Project (MIN5412)

    Nagambie Mine Project (MIN5412) „ Initial 12 hole program completed second round infill drilling well underway with hole NRP#21 now drilling „ RC Pre-collar with diamond tails „ Established the presence of a continuous broad brecciated zone of mineralisation (every hole) „ Additional zones of minera

  6. Slide 6: Nagambie Mine – drill collars

    Nagambie Mine – drill collars

  7. Slide 7: Nagambie Mine – NRP#2 X-Section

    Nagambie Mine – NRP#2 X-Section

  8. Slide 8: Nagambie Mine

    Nagambie Mine Hole NRP#02 – Core showing stibnite mineralisation

  9. Slide 9: Nagambie Regional (EL4718 & EL4887)

    Nagambie Regional (EL4718 & EL4887) „ Area dominantly covered by alluvium „ Currently undertaking a detailed soil sampling program „ Regional water sampling program

  10. Slide 10: Nagambie Project - Earning Status

    Nagambie Project Panaegis Earning Status „ To Earn 51% 1. Drill 1500m DDH and expend $400,000 by 31 December 2006 2. Drill 15oom DDH and expend $500,000 by 30 June 2007 3. 30% of total spend can be spent in EL4718 & El4887 „ Current Status 1. 2007m of DDH and 2000m of RC, met initial spend requireme

  11. Slide 11: Taradale (EL4527, EL4890, EL4894, EL4895)

    Taradale (EL4527, EL4890, EL4894, EL4895) „ Soil geochemistry survey over the United Kingdom line of reefs indicated strong gold anomalism „ Drilled 2 diamond core holes for total of 590metres „ Hole TDD#1 - 269.6m, Hole TDD#2 – 320.6m „ Minor gold mineralisation associated with W-limbs of quartz re

  12. Slide 12: Taradale

    Taradale Hole TDD#1 showing quartz saddle reef

  13. Slide 13: Redcastle (EL3316 & EL4594)

    Redcastle (EL3316 & EL4594) „ Soils, rocks & trench geochemical sampling (1483) „ 470 rock chip samples - assay results range up to 63.2g/t of Au with >20% >0.3g/t of Au „ Trench sampling - significant widths of Au mineralisation at a number of prospects including 22m @ 0.3g/t Au at Tom Chapmans Ree

  14. Slide 14: Redcastle

    Redcastle Locations of geochemical sampling surveys

  15. Slide 15: Redcastle – drill targets

    Redcastle – drill targets

  16. Slide 16: Redcastle

    Redcastle RC single metre re-splits of anomalous composite samples Prospect F Interval Au Comments (m) (m) g/t Tom Chapman’s – 28 7 0.5 Hole ended in RRC04 mineralisation Mullocky Reef - RRC08 13 10 1.6 Several smaller zones also including 16 7 2.0 hold significant grades Site 4 – RCC17 12 3 3.3 Nat

  17. Slide 17: Redcastle

    Redcastle „ Confirms model for finely disseminated gold – also extended the known areas of this style of gold. „ Preliminary RC drilling of 23 holes for 800m „ Auriferous quartz veins appear to have fine gold, consistently assay well „ Some of the anomalous shear zones contain quartz veins rather th

  18. Slide 18: Rushworth (EL4723)

    Rushworth (EL4723) „ Major stream, rocks and soils geochemistry sampling programs „ Fine stream sediment sampling to find fine Au „ Relinquished 25% (~40km2) „ Whroo and White Hills areas display Au-As-Sb mineralisation over broad widths „ Strong evidence supporting the Model

  19. Slide 19: Bailieston (EL4719)

    Bailieston (EL4719) „ Completed several phases of geochemical surveys „ Relinquished 25% (~4km2) „ Strong evidence supporting the Model „ Access is being negotiated

  20. Slide 20: Bailieston

    PANAEGIS Bailieston B DAN GENDERS REEF WORTHEAST BLP201 (Papetat ~ Fae ch dew rte Marche d dew habe bine ny \ Gimee aw Tim@O7 pen Geir Ci eparreredic onfy, Nol lp sade

  21. Slide 21: Heathcote (EL4941)

    Heathcote (EL4941) „ Commenced soil & stream sediment sampling „ The EL contains several areas of known mineralisation (Au, Cu, Ni, Ag) „ Contains historic Heathcote goldfield „ Mt William greenstone belt

  22. Slide 22: Castlemaine (EL4722)

    Castlemaine (EL4722) „ Maldon area – SSS and initial rock chip sampling has produced several anomalous results – Green Gully and near Maldon (0.9% Sb and 0.25g/t Au) „ Yandoit area – extensive SSS identified the old Yandoit field and a new Au anomalous area of some 6.9km2 „ Dry Diggings area – SSS i

  23. Slide 23: Wedderburn West (EL4721)

    Wedderburn West (EL4721) „ Nine Mile area – major SSS over entire block with 2 areas of significant broad base metal and gold anomalism identified (Nine Mile Mine & to its east and SW of the mine) „ Stuart Mill area – SSS indicates an area of contiguous gold anomalies in northern part of Percydale F

  24. Slide 24: Piggoreet (EL4994)

    Piggoreet (EL4994) „ Granted 1 Nov. 2006 „ Tenement sits astride the Avoca fault „ Port Arthur mine historically produced 6,297.65oz Au from 9094 tons (21.2g/t Au) „ Dump sampling shows that the wall rocks and reef are mineralised, pyrite, marcasite, pyrrhotite, tetrahedrite & native silver „ Mined

  25. Slide 25: Piggoreet (EL4994)

    Piggoreet (&14994) Port Arthur shaft §820413 AMGmN 730951 AMGmE depp ay PRESS Asp Various surtace workings tor 260m tothe south @=u @02PO500 @ Ge + + Melville Glen Ore Shoot + + + eaosiant Panna Gold Mins Lid cooper Race Approximate == "RNa Rowe 730960 ANGmE 300m ore shoot Haga rae Leng Seen Sightly

  26. Slide 26: Howqua (EL3424 & MIN5420)

    ) PANAEGIS How qua (€13424 & MIN5420)

  27. Slide 27: Howqua

    Howqua „ Previously defined a zone of polymetallic mineralisation (2000m x 800m) „ Horse Creek soil sampling program has defined an area of 250m X 160m containing polymetallic mineralisation „ Held discussions with DPI regarding environmental issues and development of a new work plan for MIN5420 „ D

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