Nagambie Resources (ASX:NAG) has discovered a second high-grade vein system, C2, just west of the 100%-owned Nagambie Mine.

Nagambie Resources says the discovery provides greatly increased confidence in the structural model that predicts additional vein systems will be discovered to the west.

It says the C2 discovery drillhole has given two mineable intersections of 1.68m EHT at 10.4g/t AuEq (gold equivalent) in C2 East, and 1.25m EHT at 7.1g/t AuEq in C2 West.

Nagambie Resourcs says the intersections with the C1 and C2 vein systems to date average 16.3g/t AuEq (6.3% antimony, 4.3 g/t gold) and have an average potential stope width of 1.8m EHT (estimated horizontal thickness).