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Nagambie Resources Limited ( (AU:NAG) ) has provided an update.
Nagambie Resources Limited has recommenced diamond drilling at its Nagambie Mine to identify additional high-grade antimony-gold lodes, following a successful $1.2 million placement to accelerate resource definition. The company has completed four drill holes and plans to report assay results progressively through November and December 2025. Additionally, Nagambie has appointed David Morgan, a seasoned resource industry professional, as a Non-Executive Director, which is expected to enhance its strategic management and operational capabilities.
More about Nagambie Resources Limited
Nagambie Resources Limited operates in the mining industry, focusing on the exploration and development of antimony and gold deposits. The company is primarily engaged in resource definition and exploration activities in central Victoria, Australia.
YTD Price Performance: -11.11%
Average Trading Volume: 2,117,426
Technical Sentiment Signal: Sell
Current Market Cap: A$14.35M
See more insights into NAG stock on TipRanks’ Stock Analysis page.