NMG new murchison gold limited
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yes pleaseNew Murchison Gold Limited (ASX:NMG) is prioritising...

  1. grubarura
    12,914 Posts.
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    04/03/26
    12:08
    Post #: 83101597
    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

    NMG Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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