Nagambie Resources Ltd (ASX:NAG) has updated the inferred mineral resource estimate (MRE) for its Nagambie Mine high-grade gold-antimony deposit in Victoria, reporting a 110% increase in gold equivalent (AuEq) in the ground. The update was provided through a computer block model for the resource, and reflects increases in the gold price, a steep rise in the price of antimony, and a lower cut-off grade of 4 grams per tonne (g/t). The estimate for AuEq is now 322,000 ounces (oz) AuEq at 18.6g/t AuEq,and this also reflects a 30% increase in overall ore tonnage, for 539,000 tonnes, and a 21% incre…