PRODUCTION RAMP-UP COMPLETED AT CROWN PRINCE

NMG hits full stride with second month of strong mining and crushing output

New Murchison Gold Limited (ASX:NMG) has completed the ramp-up of operations at its Crown Prince Gold Mine, reporting a strong second month of mining and crushing activity.

The company has now fully ramped up to 60,877 dry tonnes of ore processed at an agreed grade of 3.95g/t Au (adjusted for recovery). This ore was trucked to Westgold Resources Limited’s (ASX:WGX, “Westgold”) Bluebird processing facility, located 36km south of Crown Prince.

Under the Ore Purchase Agreement between NMG and Westgold, 7,285 oz of gold were recovered and trucked to Bluebird in October, with payment due by the end of November 2025.

Current site inventory includes approximately 37,900t (wet tonnes) of ore awaiting crushing and a further 11,200t (wet tonnes) of crushed high-grade product, positioning the company for continued strong production into November.

Alex Passmore, NMG’s CEO, commented:
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