Nagambie Resources (ASX:NAG) said the gold-antimony intersection discovered at its Nagambie antimony-gold project in Victoria extended for 7.3 meters downhole from a depth of 154 meters, with an estimated horizontal thickness of 1.8 meters, according to a Monday filing with the Australian bourse.

The mineralized zone averaged 40.5 grams per tonne grade of gold equivalent, the filing said.