Nagambie has several targets at the Redcastle tenemant, a second stage costeaning project was completed and that several open pits of heap-leachable oxide mineralisation containing 1-2g/t Au may be sustainable.
A first phase 4300m first phase drilling program, comprising 54 holes has been planned at Redcastle.
Further info can be gleaned from the quarterly here,
Current SP 2.5c
Shares on Issue 169m
12mth High/Low 4c/2.1c
Cash at Hand $788k
Expenses this Quarter $260k