Our Company
Nagambie Resources Limited (Nagambie Resources or the Company) is a resources exploration and development company targeting epizonal, high-grade, gold-antimony deposits across more than 3,000 sqkm of tenements in the Waranga Domain of the Melbourne Structural Zone, Victoria.
The Company’s flagship project is the Gold-Antimony Project, which is located at the 100% owned Nagambie Mine where the company is exploring deep beneath the 1990’s era open pit mines. The Nagambie Mine sits in proximity to the gold-antimony mines at Fosterville (Agnico Eagle) and Costerfield (Mandalay Resources).
In May 2024, the Company announced a Maiden JORC Inferred Resource of 415,000 tonnes averaging 11.5 g/t gold equivalent, comprising 3.6 g/t gold plus 4.3% antimony, and containing an in-ground metal content of 153,000 ounces gold equivalent, comprising 47,800 ounces gold plus 17,800 tonnes antimony. A mining licence is already held over this project, giving a clear line of sight to future production.
Antimony is vital to the green energy transition. It is used in lithium-ion batteries and long-life liquid metal batteries, in the glass of solar panels, to strengthen the metal of wind turbine blades, and it is used in the semi-conductors and electrical circuitry that enables of high tech and use of green energy. Put simply….“There can be no energy transition without a supply of antimony”;
The company is also developing a toll treatment plant at the Nagambie Mine in joint venture with privately owned Golden Camel Mining Pty Ltd (GCM). This treatment plant will be developed to process ores from GCM’s nearby mines and Nagambie Resources’ future mine, and offers other exploration and development companies a processing option to unlock the value in their mineral discoveries.
Our corporate objectives are to work with our community and regulatory stakeholders to discover and sustainably develop precious and critical mineral deposits, and to assist other mineral developers extract value from their deposits for the benefit of all.
