New Murchison Gold  (ASX: NMG)

Provided shareholders and investors with an operations and exploration overview to accompany the Appendix 5B for the quarter ending 30 June 2026.

Cash build was  $46.1 million for the Quarter to $201.7 million, with no debt and no hedging. The attributable gold bullion price applied under the OPA for the June quarter was A$6,349/ounce.

 

 

.

 

 

.

	New Murchison Gold	ASX: NMG
	Stage	Development
	Metals	Gold
	Market cap	A$521 million  @  A$0.48
	Location	Murchison, Western Australia
	Website	www.newmurchgold.com.au

 

 

 

 

.

New Murchison Gold

QUARTERLY ACTIVITIES REPORT FOR THE QUARTER ENDED 30 JUNE 2026

 

New Murchison Gold Limited (ASX:NMG) (“NMG” or the “Company”) is pleased to provide shareholders and investors with an operations and exploration overview to accompany the Appendix 5B for the quarter ending 30 June 2026 (“Quarter” or the “Reporting Period”).

HIGHLIGHTS

Crown Prince Gold Mine
• Crown Prince Operations (“CPO”) continued to deliver strong production and cash generation, underpinned by robust operating margins.
• A total of 156,367 tonnes of ore (at 3.2 g/t Au) was sold during the June quarter, containing 15,455 ounces Au.
• A total of 58,183 ounces Au sold to Big Bell Gold Operations (“BBGO”) over the 10 months since commencement of ore sales.
• Mining commenced at Cloudkicker (formally Crown Prince East) open pit mine in late June 2026.
• No LTI’s were recorded during the Quarter, LTIFR at 0 and TRIFR at 6.83. No significant environmental incidents during the Quarter.

 

.
Exploration and Growth
• Mineral Resource Estimate (“MRE”) for the Garden Gully Gold Project increased by 47% after mining depletion to 4.42 Mt at 2.5 g/t Au for 359,000 ounces of contained gold at 1 April 2026 (see ASX announcement dated 25 June 2026).
• Ongoing technical work continues to support further mineralisation modelling and future resource definition, with an updated CPO resource and reserve estimate targeted for late September 2026.
• High-grade drilling results received outside MRE at Cloudkicker support potential for further growth beyond the newly commenced second open pit operation.
• Project development activities continued during the Quarter with the team focussing on advancing the Crown Prince Underground and Lydia open pit projects towards respective development decisions.
• Exploration programs at Airstrip and Abernethy South corridor prospects continued during the Quarter, with both prospects progressing well.

 

.
Corporate
• Cash build of $46.1 million for the Quarter to $201.7 million, with no debt and no hedging.
• The attributable gold bullion price applied under the OPA for the June quarter was A$6,349/ounce against an attributable AISC of A$3,448/ounce.

 

,

Commenting on key outcomes for the Quarter, CEO, Alex Passmore said:

“Our third full quarter of production continued to deliver strong cash generation, providing the financial foundation to advance our growth across the Garden Gully Gold Project.

 

“Recent drilling delivered strong results with the updated Mineral Resource Estimate increasing estimated resource ounces by 47% after mining depletion.

 

“This resource growth has allowed us to expand operations to commence mining Cloudkicker, our second pit, which is expected to add ounces to our production profile, enhance operational flexibility and underpin a strong production performance in 2027.

 

“Importantly, strong operating cash flows are allowing us to progress multiple development opportunities simultaneously, including: Cloudkicker, the Crown Prince Underground study, and the Lydia open pit plan.

 

“We remain on track to complete the Crown Prince Underground study in September 2026.”

.

To read the full news release please click HERE

——-

..

To View New Murchison Gold’s latest share price and chart, please click here

.To View New Murchison Gold’s historical news, please click here

.The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

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

.