Murchison Gold Becomes Australia’s Newest Gold Producer

New Murchison Gold  (ASX: NMG) 

Announced that the first gold bearing ore has been crushed, assayed, and stockpiled at Crown Prince Gold Mine.

The first 10kt parcel of product is being trucked to Westgold Resources’ Bluebird gold processing facility 36km by road.

 

 

 

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New Murchison Gold

Crown Prince – Courtesy of New Murchison Gold

 

 

New Murchison Gold ASX: NMG
Stage Development
Metals Gold
Market cap A$270 million  @  A$0.25c
Location Murchison, Western Australia
Website www.newmurchgold.com.au

 

 

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MURCHISON GOLD’S CROWN PRINCE GOLD MINE COMMENCES PRODUCTION

 

 

New Murchison Gold Limited (ASX:NMG) (“NMG” or the “Company”) is pleased to announce that the first gold bearing ore has been crushed, assayed, and stockpiled at Crown Prince Gold Mine (Crown Prince).

The first 10kt parcel of product is being trucked to Westgold Resources Limited’s (ASX:WGX)) Bluebird gold processing facility 36km by road south of Crown Prince.

This major Company milestone sees the evolution of the Company into a gold producer following the decision to develop Crown Prince in late June 2025.

The Company issued its first Collection Notice for Crown Prince, in accordance with the Ore Purchase Agreement with Big Bell Gold Operations Pty Ltd (a Westgold subsidiary), triggering the Commencement Date in that Agreement.

The Company expects to ramp up to its target of 40,000 tonne of ore per month run rate during September / October.

 

 

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Alex Passmore NMG’s CEO commented:

“After executing the OPA in December 2024, the Company is very pleased to bring the Crown Prince Gold Mine into production at record Australian dollar gold prices and ahead of the 30 September 2025 Anticipated Commencement Date established in the OPA.

 

“We look forward to further growth from both Crown Prince Gold Mine and the Company’s regional portfolio.”

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To read the full news release please click HERE

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

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The live gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

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

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This website is not sponsored, we are truly 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.

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Disclosure

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

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To read our full terms and conditions, please click HERE




New Murchison Gold June Quarter Activities Report

New Murchison Gold (ASX: NMG)

Provided shareholders and investors with an exploration and operations overview to accompany the Appendix 5B for the quarter ending 30 June 2025.

New Murchison Gold has an Ore Purchase Agreement with Westgold Resources which will underpin production from NMG’s Crown Prince deposit near Meekatharra, Western Australia in 2025.

 

 

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New Murchison Gold

Crown Prince drilling – Courtesy of New Murchison Gold

 

 

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New Murchison Gold ASX: NMG
Stage Development
Metals Gold
Market cap A$175 million  @  A$0.17c
Location Murchison, Western Australia
Website www.newmurchgold.com.au

 

 

 

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New Murchison Gold June 2025 Quarter Activities Report

 

New Murchison Gold Limited (ASX:NMG) (“NMG” or the “Company”), a Western Australian gold exploration and development Company, is pleased to provide shareholders and investors with an exploration and operations overview to accompany the Appendix 5B for the quarter ending 30 June 2025 (“Quarter” or the “Reporting Period”).

New Murchison Gold has an Ore Purchase Agreement (OPA) with Westgold Resources Limited which will underpin production form NMG’s Crown Prince deposit near Meekatharra, Western Australia in 2025.

The Company is developing the Crown Prince Project (M51/886) part of NMG’s broader Garden Gully tenure package towards first gold production.

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HIGHLIGHTS

Crown Prince Project Development
• Approvals Received – The Crown Prince Mining Proposal and Mine Closure Plan approvals were secured during the quarter.
• Development Decision – the Board of NMG resolved to proceed with project development which will see the Company transition from explorer to gold miner in the September quarter.
• Major Contracts Executed – Development, drilling, mining and site infrastructure contracts have been awarded to experienced contractors to ensure high quality, efficient delivery.
• Site Mobilisation and Operational Preparation – Critical equipment and workforce were mobilised to site late during the quarter commencing site establishment works and mining activity.
• First Blast Completed on 30 June 2025 – the first blast marks the official commencement of mining at Crown Prince.
Timing of first gold-in-ore sales – Subsequent to quarter end, site establishment has continued at a rapid pace with the Company on track for first ore sales to Westgold’s Bluebird Mill (BBGO) in September 2025.
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Capital Raise

• In June 2025, the Company received firm commitments for a two-tranche equity placement of new shares to raise $12 million at $0.017 per share. Tranche 1 proceeds of $8 million were received in early July with the remaining $4 million subject to Shareholder approval at the General Meeting to be held on 15 August 2025.
• In conjunction with the placement, the Company launched a share purchase plan (SPP) (at the same price), to enable existing shareholders to participate.

 

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Corporate

• Cash balance of $14.5 million cash and is well funded to pursue ongoing technical programs and commercialisation options at Crown Prince.

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NMG CEO, Alex Passmore commented;

“The June quarter was a pivotal period with the Company receiving key approvals and committing to a development decision for the Crown Prince Gold Mine.

 

“The completion of the first blast on 30 June 2025 is a huge milestone for the Company with mining commencing only a few days after mining approvals were received.

 

“We are on schedule for first ore deliveries to Westgold’s Bluebird mill in September.

 

“The Company looks forward to production of ore from the Crown Prince open pit shortly ahead of stockpiling, crushing and sampling. Production is set to ramp up from September.

 

“Outside of production preparation the Company pleasingly returned some very impressive exploration results during the quarter.

 

“The deeper drilling at Crown Prince indicates that the project is likely to continue past the open pit currently planned and the Company is shortly commencing its studies on an underground development.”

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To read the full news release please click HERE

 

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..

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

.

The live gold price can be found HERE

.

=======

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City Investors Circle is based in the financial district in the City of London

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 truly 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.

.

To read our full terms and conditions, please click HERE




New Murchison Gold Drilling Confirms High-Grade Gold Zone

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

Crown Prince drilling – Courtesy of New Murchison Gold

 

 

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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

.

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

.

The live gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

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 truly 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.

.

To read our full terms and conditions, please click HERE