Nagambie Resources Limited · ASX:NAG
Nagambie Resources — AIG Victorian Minerals Roundup Conference 2024
26 slides from Nagambie Resources's conference presentation, Jun 28, 2024
Slide 1: Could Nagambie be another Costerfield?
For personal use only Could Nagambie be another Costerfield? 28 June 2024 AIG Victorian Minerals Roundup Conference 2024: “Rocking the Future: The Resources needed to get us there.”
Slide 2: Disclaimer
DISCLAIMER The material in this presentation has been prepared by Nagambie Resources Limited (“Company”) and is dated June 2024 This presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or published, in whole or in part, for any purpose without
Slide 3: Presentation overview
Presentation overview For personal use only 1. The lead up to a discovery 2. The re-discovery of the discovery 3. The maiden JORC Inferred Resource 4. Similarities with the Costerfield Mine ASX:NAG |3
Slide 4: Exploration focus
Exploration focus Nagambie Resources Limited is a gold and antimony explorer targeting epizonal high-grade gold-antimony mineralisation across 3,000 sqkm of tenements in the Waranga Domain of the For personal use only Melbourne Structural Zone, Victoria, Australia. Nagambie Mine Costerfield Mine ASX
Slide 5: Nagambie Mine
Nagambie Mine Discovered in 1986 by Perseverance Mining Pty Ltd For personal use only Mining commenced in 1989 The mine produced 135,000 oz of gold from 7.3Mt of ore and an average grade of 1.2 g/t Au, from two open pits, via heap leaching. Perseverance Corporation Ltd drilled over a 1000 RC and Dia
Slide 6: East – West Structures
East – West Structures For personal use only NMT CSZ 303SZ Gao, Z.L., Kwak, T.A.P., Changkakoti, A. and Hussein, E., 1995. ‘Supergene Ore and Hypogene Nonore mineralization at the Nagamble Sediment-Hosted Gold Deposit, Victoria, Australia’. Economic Geology, 90, pp.1750 ASX:NAG |6
Slide 7: But also North–South Structures
But also North –South Structures Detailed structural mapping of the West Pit For personal use only was not carried out before mining prematurely ceased at the Nagambie Mine in 1994. Various generally N-S cross faults (orange) post- dating the E-W shears / thrust faults in the floor of the East Pit G
Slide 8: 2006 - A discovery made but not explained
2006 - A discovery made but not explained For personal use only ASX announcement 3 March 2022 Panaegis December 2006 Quarterly Report ASX:NAG |8
Slide 9: Geological model
Geological model For personal use only Turner, G. 2018 ‘New exploration concepts for Nagambie and the northern part of the Melbourne Zone’ OREAS Victorian Minerals Round-up 2018 ASX:NAG |9
Slide 10: Down-the-hole IP Survey
Down-the-hole IP Survey Picked up ‘movement’ of pyrite mineralisation to the southwest aligning with logging of oriented core For personal use only ASX:NAG |10
Slide 11: The re-discovery of the discovery
The re-discovery of the discovery For personal use only Massive stibnite in NAD008 grading at 50.15 g/t AuEq (0.2m) June 2022 Quarterly Report ASX:NAG |11
Slide 12: Drilling – West Pit
Drilling – WEST PIT • 41 diamond drillholes (NAD007 For personal use only to NAD047) that have identified three generally N-S striking C- style lode systems containing varying numbers of narrow Au- Sb veins • While drilling the N-S striking C- lodes, a number of E-W striking intersections were obtai
Slide 13: Maiden JORC Inferred Resource
Maiden JORC Inferred Resource For personal use only Lode System Vein Domain Tonnes AuEq (g/t) AuEq (oz) Au (g/t) Au (oz) Sb (%) Sb (t) C1 East 27,144 17.2 14,974 3.9 3,445 7.2 1,941 C1 Central 42,891 10.4 14,282 3.5 4,894 3.7 1,587 C1 West 77,667 13.3 33,291 2.0 4,899 6.2 4,799 C1 Subtotal 147,702 1
Slide 14: Sections through block-modelled C1 lode
Sections through block-modelled C1 lode C1 East vein domain C1 Central vein domain C1 West vein domain (looking east) (looking east) (looking east) For personal use only ASX:NAG |14
Slide 15: Massive stibnite veins in the C1 lode system
Massive stibnite veins in the C1 lode system Massive Stibnite Veining in NAD009 and NAD010 For personal use only Massive Stibnite Veining in NAD009 Laminated Quartz Veining in NAD010 June 2022 Quarterly Report ASX:NAG |15
Slide 16: Sections through block-modelled C2 lode
Sections through block-modelled C2 lode C2 West vein domain (Looking West) For personal use only C2 East vein domain (Looking West) ASX:NAG |16
Slide 17: Sections through C3 and N1 lodes
Sections through C3 and N1 lodes N1 vein domains (looking North) For personal use only C3 East vein domain (Looking East) ASX:NAG |17
Slide 18: Prospects for growing the Resource
Prospects for growing the Resource For personal use only 6 prospects for significantly 6 prospects increasing for the Maiden Inferred significantly increasing the Maiden Inferred Resource ASX:NAG |18
Slide 19: Prospects for growing the Resource
Prospects for growing the Resource For personal use only 6 prospects for significantly C1, C2, C3 and N1 6 prospects increasing for the Maiden Inferred lodes all open at depth, plunging as significantly shown increasing the Maiden Inferred Resource ASX:NAG |18a
Slide 20: Prospects for growing the Resource
Prospects for growing the Resource For personal use only East Pit ? 6 prospects for significantly C1, C2, C3 and N1 6 prospects increasing for the Maiden Inferred lodes all open at depth, plunging as significantly shown increasing the Maiden Inferred Resource ASX:NAG |18b
Slide 21: Prospects for growing the Resource
Prospects for growing the Resource For personal use only East Pit ? 6 prospects for significantly C1, C2, C3 and N1 6 prospects increasing for the Maiden Inferred lodes all open at depth, plunging as significantly shown increasing the Maiden Inferred Resource Strike of 2km ? ASX:NAG |18c
Slide 22: Prospects for growing the Resource
Prospects for growing the Resource ? For personal use only East Pit ? 6 prospects for significantly C1, C2, C3 and N1 6 prospects increasing for the Maiden Inferred lodes all open at depth, plunging as significantly shown increasing the Maiden Inferred Resource Strike of 2km ? ASX:NAG |18d
Slide 23: Prospects for growing the Resource
Prospects for growing the Resource ? ? For personal use only East Pit ? ? 6 prospects for significantly C1, C2, C3 and N1 6 prospects increasing for the Maiden Inferred lodes all open at depth, plunging as significantly shown increasing the Maiden Inferred Resource Strike of 2km ? ASX:NAG |18e
Slide 24: Prospects for growing the Resource
Prospects for growing the Resource ? ? For personal use only East Pit ? ? ? 6 prospects for significantly C1, C2, C3 and N1 6 prospects increasing for the Maiden Inferred lodes all open at depth, plunging as significantly shown increasing the Maiden Inferred Conjugate fault to the 303SZ (i.e. N2)? R
Slide 25: Similarities to Costerfield
Similarities to Costerfield • The deposits are both underlain by the Selwyn Block, considered to be the source of the gold and antimony in the Melbourne Structural Zone For personal use only • The host rocks for the structurally-controlled, gold-antimony veins at both deposits are marine sediments (
Slide 26: Contact
CONTACT For personal use only 533 Zanelli Road PO Box 339 Nagambie VIC 3608 +(03) 5794 1750 www.nagambieresources.com.au
Nagambie Resources — AIG Victorian Minerals Roundup Conference 2024 on 6ix