Gold Discovered at Wandean

Nagambie Mining announced on 22nd February, 2013 the discovery of gold mineralised sandstones at its Wandean Prospect, just 4 km north of Nagambie in central Victoria.  A recently completed RC drill program returned 1 metre @ 1.6 g/t gold in WRC09, 3m @0.91 g/t in WRC10, 3m @ 1.14 g/t in WRC11, 1m @ 1.59 g/t in WRC12 and 2m @ 1.28 g/t gold in WRC18, and is open to the east.

The Wandean Prospect came to the attention of Nagambie Mining through researching historical exploration reports – the area had been subject to soil sampling by Metex Exploration in 1996 which outlined 2 parallel gold-arsenic soil anomalies.  Follow-up mapping by Exploration Management Services showed the presence of a significant E-W reverse fault which had disrupted folded Devonian sediments in much the same fashion as at the Nagambie Mine.  Rock chip sampling showed concentrations of arsenic, antimony, and gold assays returned up to 2.86 g/t in a silicified sandstone.

EMS designed and implemented an RC drill program for Nagambie Mining in December 2012.  The Company is

Wandean RC Drilling

RC Drilling at Wandean

continuing exploration with extensions to the soil sampling and further RC drilling.

 

 

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