Nagambie Resources received disappointing news from the Spark consortium regarding its tender for potential acid sulphate soil storage related to the North East Link Project.

Despite efforts, Nagambie is not the preferred tenderer for PASS storage at its Nagambie Mine site.

CEO James Earle announced the setback, emphasising the competitive tender process and challenges in securing such projects.

Stakeholders await details on Nagambie's next steps and the potential impact on its operations and strategic direction.