Ann: High-Grade Gold Intercepts at Crown Prince East, page-2

HIGH-GRADE GOLD INTERCEPTS AT CROWN PRINCE EAST PIT
HIGHLIGHTS
NMG is pleased to report high-grade gold intercepts from recent RC drilling which has delineated
additional mineralisation within the designed pit outline of the Crown Prince East Pit, a satellite deposit at
the Crown Prince Gold Mine.
Best intersections from this drilling program include:
• 18m at 10.3g/t Au from 54m incl. 6m at 29.3g/t Au from 65m in NGGRC1210
• 12m at 10.3g/t Au from 34m incl. 1m at 42.2g/t Au from 36m in NGGRC1209
• 9m at 5.3g/t Au from 31m incl. 2m at 17.9g/t Au from 34m in NGGRC1252
• 4m at 7.2g/t Au from 42m incl. 2m at 12.6g/t Au from 43m in NGGRC1212
• 6m at 4.6g/t Au from 48m in NGGRC1274
• 2m at 10.0g/t Au from 85m in NGGRC1254
• 3m at 5.1g/t Au from 92m incl. 1m at 11.5g/t Au from 93m in NGGRC1216
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New Murchison Gold Limited (ASX:NMG) (“NMG” or the “Company”) has recently undertaken a drilling
program (predominantly RC) at Crown Prince East (CP East previously Cloudkicker). This area is located
300m east of the Crown Prince West Pit (CP) which is currently being mined (location in Figure 1). The
planned depth of CP extends to 140m below surface, with mineralisation extended below this depth likely
to be accessed via an underground mine.
CP East is centred on a mineralised dilational zone in the local mafic unit (foliated basalt and dolerite).
This zone hosts a set of sub parallel southerly dipping lodes which host gold mineralisation in quartz
carbonate veins (Figure 2).
These lodes were targeted in the recent drill program, which consisted of 49 reverse circulation (RC) holes
totalling 5,365m. Two diamond holes were also drilled to ascertain structural data. These encouraging
results open the opportunity of proving up additional reserves within the close proximity of the current
Crown Prince Gold Operations.
Details of the drill holes are included in Table 1 and the distribution of the holes with significant
intersections are displayed in Figure 2.
Results from the recent drill program indicate that there are two orientations of high-grade mineralisation
at CP East: (1) an ENE striking and southerly dipping (~50o
) set of lodes and (2) a more discrete steeper
dipping zone striking N-S. Where the two orientations meet, very strong mineralisation occurs.