Our Company

Nagambie (ASX: NAG) explores for epizonal-style, high-grade antimony and gold mineralisation across its 718 sq km tenement holding in the Waranga Domain of the Melbourne Structural Zone in northern central Victoria, Australia.

The company's flagship project is the Nagambie Antimony-Gold Project at the Nagambie Mine, which sits in proximity to the gold-antimony mines at Fosterville (Agnico Eagle) and Costerfield (Alkane Resources) and the development project at Sunday Creek (Southern Cross Gold Consolidated).   

Obvious synergies exist between the Nagambie Mine deposit and Alkane’s 100%-owned Costerfield Mine, with Costerfield’s extensive mine development, mining and ore processing infrastructure being only 40 km west of Nagambie by good bitumen road.

In April 2026, Alkane and Nagambie entered an earn-in joint venture (ANJV) over the Nagambie Mine (tenements MIN 5412 and EL 5511). Alkane can spend $12.5 million or $27.5 million to earn 60% or 80% respectively in the ANJV tenements.

Alkane’s first target is to significantly increase the Nagambie JORC Inferred Resource of 539,000 tonnes averaging 3.9% antimony (Sb) plus 3.3 g/t gold (Au) for in-ground metal content of 20,800 tonnes of antimony plus 58,000 ounces of gold (refer Nagambie’s ASX announcement of 15 November 2024).

The Company is also systematically exploring the 100%-owned historic Whroo mines and the Wandean deposit.

Research of the available information on the historic Whroo gold mines, 20 km to the north of Nagambie, has highlighted the mining of shallow antimony veins in certain of the mines for sale in England in the 1800s. The indicated general N-S strike and W dip of the Whroo antimony veins are analogous to the C-style antimony veins discovered at the Nagambie Mine. A diamond drill hole under the historic Balaclava Hill open pit in late 2021 intersected up to 49.7 g/t gold over 0.6 metres and 16.5% antimony over 0.2 metres (refer Nagambie’s ASX announcement of 18 February 2022).

Nagambie discovered the Wandean virgin oxide-gold deposit, 5 km north of Nagambie, in 2014. Anomalous antimony in the oxide zone occurs over around 750m of established E-W strike at Wandean, pointing to the potential presence of Nagambie Mine-style, N-S-striking antimony veins. The potential Wandean E-W strike zone is significantly greater than the current E-W strike zone for the C-style antimony veins under the West Pit at the Nagambie Mine.

Nagambie also holds a free-carried 50% interest in a joint venture to develop a 300,000 tpa oxide-gold processing plant on freehold land within the Nagambie Mine (NJV). The proposal is fully permitted. The joint venture partner is currently finalising funding to commence construction of the plant.

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 in extracting value from their deposits for the benefit of all.