New Murchison Gold Limited (ASX: NMG, “NMG” or “the Company”) is pleased to report a strong operational performance at its flagship Crown Prince Gold Mine in Western Australia’s Murchison region, marking the successful completion of the project’s ramp-up phase.
During October, 60,877 dry tonnes of ore grading 3.95 g/t gold (adjusted for recovery) were trucked to Westgold Resources’ (ASX:WGX) Bluebird processing facility under the existing Ore Purchase Agreement.
This represents double the production tonnage achieved in the first month of operations, reflecting the successful transition to steady-state mining and consistent output.
The agreed recoverable gold content of 7,285 ounces highlights the mine’s operational strength, with the corresponding ore sales payment due at the end of November 2025.
Operational Highlights
-
Ramp-up complete: Crown Prince now operating at steady-state production levels.
-
October production doubled month-on-month, underscoring strong site performance.
-
7,285 ounces of recoverable gold delivered to the Bluebird plant.
-
Robust site inventory: ~37,900 tonnes of run-of-mine ore and ~11,200 tonnes of crushed high-grade product ready for processing.
-
Strong partnerships: Ramp-up achieved ahead of schedule through collaboration with Ozland Mining and MLG Crushing.
NMG Chief Executive Officer Alex Passmore said:
“Our second month has completed the ramp up of the mine and with a concerted effort from our operations team with the support of Ozland Mining and MLG Crushing has exceeded expectations for our second month. We have a strong foundation for production in November.
We are very pleased with the successful delivery of our first mine and while retaining focus on ongoing operations, the Company is now able to refocus our exploration effort to support future opportunities.”
NMG Investor & Media Relations Manager, Jane Morgan commented:
“When we set out to explore the opportunities at Crown Prince, just over two and a half years ago, our objectives were clear. Turn a large, underexplored tenement package in one of Australia’s most prolific goldfields into a producing asset that delivers for shareholders.
“This fast-tracked development and ramp-up at Crown Prince demonstrates that focus. Our second month has completed the ramp-up of the mine, and with a concerted effort from our operations team, with the support of Ozland Mining and MLG Crushing, has exceeded expectations for our second month. We have a strong foundation for production in November”
"With Crown Prince now generating gold and cash flows, we’re pushing ahead with our exploration program across our extensive Murchison tenement package which covers 677km2 of tenure across the Abbotts Greenstone Belt.
“With multiple drill rigs running, we look forward to updating the market with results from these programs across the belt as they come through.”
About New Murchison Gold (ASX:NMG)
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:
For further information, please contact:
Jane Morgan
Investor & Media Relations
[email protected]
+ 61 (0) 405 555 618
