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Nagambie Resources Boosts Antimony-Gold Resource Amid Surging Prices
5:58pm on Sunday 1st of June, 2025 AEST
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Mining
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Nagambie Resources Boosts Antimony-Gold Resource Amid Surging Prices
5:58pm on Sunday 1st of June, 2025 AEST
Key Points
Updated JORC Inferred Resource totals 539,000 tonnes with 58,000 oz gold and 20,800 tonnes antimony
Gold-equivalent grade averages 18.6 g/t AuEq, driven 82% by antimony content
Antimony price surged 54% during the quarter, reaching A$62,747 per tonne
Diamond drilling restarted in November 2024 to enhance resource size and quality
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