New Murchison Gold Commences Production at Crown Prince Gold Mine
New Murchison Gold Limited (ASX: NMG) is pleased to announce that the Crown Prince Gold Mine has officially commenced production, marking the Company’s transition from explorer to gold producer.
The first 10,000 tonnes of gold-bearing ore have been crushed, assayed, stockpiled, and are now being trucked to Westgold Resources Limited’s (ASX: WGX) Bluebird processing facility, located 36km south of Crown Prince.
This milestone follows the Company’s June 2025 development decision and comes at a time when Australian dollar gold prices remain at record highs. NMG expects to ramp up operations to a 40,000 tonne per month run rate during September and October 2025.
Strategic Milestone for NMG
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First production achieved ahead of the anticipated 30 September 2025 commencement date under the Ore Purchase Agreement (OPA).
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Transition to cash flow generation marks a step-change in NMG’s growth trajectory.
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Agreement with Westgold Resources provides a low-capex pathway to production by leveraging existing processing infrastructure.
CEO Comment
Alex Passmore, NMG’s Chief Executive Officer, said:
“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.”
Westgold (ASX:WGX) Comment
Westgold’s Managing Director & CEO, Wayne Bramwell, added:
“Westgold operates four processing hubs across two of Western Australia’s richest goldfields. In providing a processing solution for the Crown Prince ore we have fast tracked New Murchison from explorer to producer and can fully leverage our extensive processing infrastructure. This is a capital efficient template for what can be achieved when a major mining company and a dynamic junior explorer cooperate, not compete.
Westgold congratulates the New Murchison team and we look forward to working alongside them as they grow.”
Next Steps
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Ramp-up to 40,000t per month ore deliveries by October 2025.
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Ongoing development drilling to expand mine life and throughput potential.
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Continued regional exploration across the Abbotts Greenstone Belt to identify additional production sources to complement Crown Prince.
About us:
New Murchison Gold Ltd (ASX:NMG) is a mineral exploration and gold mining company which holds a substantial package of tenements in the prolific Murchison goldfield near Meekatharra, Western Australia.
The Company is focused on the Garden Gully Gold Project which comprises a 677km2 tenure package covering the Abbotts Greenstone Belt and other key regional structures. The project has multiple gold deposits along the belt with the most advanced being the Crown Prince Gold Mine.
Gold mineralisation in the belt is controlled by major north trending structures and contact zones between felsic and mafic metamorphosed rocks.
NMG updated its Mineral Resource Estimate in November 2024 and reported a maiden Ore Reserve and Feasibility Study for the Crown Prince Deposit in February 2025. As announced 25 June 2025 the Company made a decision to develop the Crown Prince Gold Mine and completed its first blast on 30 June 2025. NMG commenced production in September 2025.
Contact details:
Alex Passmore – Chief Executive Officer
📧 [email protected] | 🌐 www.newmurchgold.com.au
Investor & Media Relations:
Jane Morgan Management – Jane Morgan
📧 [email protected]