Nagambie Resources Boosts Resource Estimates Amidst Rising Markets
Company Announcements

Nagambie Resources Boosts Resource Estimates Amidst Rising Markets

Nagambie Resources Limited (AU:NAG) has released an update.

Nagambie Resources Limited is capitalizing on the soaring market prices of gold and antimony by increasing its in-the-ground resource estimates. The company’s focus on its Nagambie Mine has already led to a 45% rise in gold equivalent figures, driven by significant assay results and planned drilling activities. Additionally, the sale of non-core assets is freeing up resources for further exploration and development.

For further insights into AU:NAG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskNagambie Resources Boosts Gold Equivalence, Signals Share Undervaluation
TipRanks Australian Auto-Generated NewsdeskNagambie Resources Reports Cash Outflows Amidst Steady Balance
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App