NMG – Lydia North Set to Ignite a High-Grade Cash Surge, page-43

yes please

New Murchison Gold Limited (

ASX:NMG) is prioritising the Lydia Gold Prospect as its primary near-term growth asset, aiming for rapid integration into the Crown Prince Gold Mine production pipeline.

Resources Review +1

Lydia Prospect Drilling Results (January 2026)

Recent 2,920m RC and diamond drilling at Lydia, located 800m west of current operations, confirmed high-grade, shallow mineralisation. Key highlights included 3m @ 32.9g/t Au (incl. 1m @ 62.4g/t Au), 9.1m @ 10.3g/t Au, and a 21m wide intersection, expanding known mineralisation.

Mirage News +5

Production Targets & Next Quarter Outlook

Backed by a $92 million cash balance, NMG is focusing on key operational milestones:

Listcorp +1

• JORC Update: Developing a Resource Report for the Lydia area.
• Expansion: Using existing infrastructure to boost the current 140,000-ounce Crown Prince project.
• Next Steps: Q1 plans include testing underground potential and advancing the Lydia/Abbotts open pit