New Murchison Gold (ASX: NMG)

Announced high-grade gold intercepts from reverse circulation grade control drilling beneath the cap rock zone at the Crown Prince Gold Project  (M51/886) at the Company’s flagship Garden Gully Gold Project near Meekatharra, Western Australia.

 

 

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	New Murchison Gold	ASX: NMG
	Stage	Development
	Metals	Gold
	Market cap	A$157 million  @  A$0.16c
	Location	Murchison, Western Australia
	Website	www.newmurchgold.com.au

 

 

 

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NEW MURCHISON GOLD GRADE CONTROL DRILLING CONFIRMS HIGH-GRADE 0-50M DEPTH ZONE AT CROWN PRINCE GOLD PROJECT

 

 

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New Murchison Gold Limited (ASX:NMG) (“NMG” or the “Company”) is pleased to announce high-grade gold intercepts from reverse circulation (RC) grade control drilling beneath the cap rock zone at the Crown Prince Gold Project (“Crown Prince”) (M51/886) at the Company’s flagship Garden Gully Gold Project near Meekatharra, Western Australia.

Crown Prince is a high-grade gold deposit within New Murchison Gold’s Garden Gully Project it is located 22 kilometres north-west of Meekatharra in Western Australia via the Great Northern Highway and the Mt Clere Road.

 

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HIGHLIGHTS

High-grade gold results returned from inclined grade control drilling targeting in-situ mineralisation under surface cap rock and in the saprolite zone.

This drilling covers early mining benches in the proposed open pit design at the Crown Prince Gold Project.

• Most of the high-grade gold assays received to date are displayed along the western part of the South-Eastern Zone (SEB) and above the Main Zone (MOB) of the Crown Prince ore body.

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• Significant intersections include:
4m @ 40.98g/t Au from 25m in GC00217(MOB)
9m @ 9.16g/t Au from 40m in GC00252(SEB)
33m @ 3.70g/t Au from 9m in GC00253(SEB)
15m @ 11.25g/t Au from 35m in GC00261(SEB)
17m @ 10.21g/t Au from 0m in GC00267(SEB)
10m @ 31.71g/t Au from 24m in GC00268(SEB)
7m @ 19.85g/t Au from 37m in GC00269(SEB)
9m @ 25.4g/t Au from 46m in GC00270(SEB)
19m @ 6.21g/t Au from 40m in GC00272(SEB)
7m @ 21.19g/t Au from 4m in GC00277(SEB)
19m @ 5.17g/t Au from 0m in GC00278(SEB)
10m @ 67.57g/t Au from 47m in GC00282(SEB)
13m @ 13.08g/t Au from 27m in GC00284(SEB)
15m @ 39.07g/t Au from 1m in GC00291(SEB)
11m @ 14.56g/t Au from 21m in GC00292(SEB)
17m @ 6.40g/t Au from 51m in GC00294(SEB)
19m @ 4.65g/t Au from 30m in GC00299(SEB)
11m @ 9.32g/t Au from 0m in GC00310(SEB)
14m @ 22.95g/t Au from 27m in GC00312(SEB)

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To read the full news release please click HERE

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Disclosure

At the time of writing the author holds shares in New Murchison Gold.

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