New Murchison Gold Limited (ASX:NMG) has reported a series of high-grade gold results from recent drilling at its Lydia Gold Prospect, further reinforcing the project’s potential to become a near-term addition to the company’s production pipeline at the Crown Prince Gold Mine in Western Australia.
The results stem from a combined reverse circulation (RC) and diamond drilling program designed to extend and better define gold mineralisation within the Lydia shear zone.
The shear zone lies approximately 800 metres west of the company’s operating Crown Prince site and within the same granted mining lease, highlighting Lydia’s strong logistical and operational synergies with the existing mine.
The drilling campaign comprised 33 RC holes for a total of 2,920 metres, three diamond holes totalling 281.5 metres, and five geotechnical holes drilled into proposed pit walls for ongoing open pit design planning at Lydia.
High-grade intercepts from the campaign include:
- 3m at 32.9g/t Au from 46m, including 1m at 62.4g/t Au, in hole NGGRC1094
- 9.1m at 10.3g/t Au from 89m, including 1m at 24.6g/t Au, in hole NGGDD1144
- 8m at 9.1g/t Au from 20m, including 4m at 16.7g/t Au, in hole NGGRC1309
- 21m at 3.4g/t Au from 117m, including 1m at 8.4g/t Au, in hole NGGRC1109
- 12m at 5.5g/t Au from 48m, including 4m at 14.6g/t Au, in hole NGGRC1307
These results have extended the known strike and depth of the main mineralised structure, confirming the continuity and consistency of high-grade gold mineralisation within a shear zone geologically comparable to the Crown Prince deposit.
Lydia is situated on granted mining lease M51/889 and benefits from the same Native Title and Heritage Agreement that covers Crown Prince operations.
This shared framework provides a streamlined regulatory pathway, positioning Lydia for potential near-term development in alignment with New Murchison Gold’s broader production strategy.
Complementing drilling activities, the company has completed a ground gravity survey over the Lydia South shear, revealing two prominent gravity anomalies that correlate with previously identified shallow high-grade intercepts.
The findings enhance confidence in the district-scale continuity of mineralisation along the Lydia shear corridor.
In addition to the strong results from Lydia South, initial drilling at the Lydia East prospect has delivered encouraging gold intersections.
These outcomes have prompted plans for follow-up infill and deeper drilling as New Murchison Gold seeks to expand the resource potential across the broader project area.
New Murchison Gold CEO Alex Passmore said the results represent a significant milestone in advancing the company’s growth pipeline while optimising the use of nearby infrastructure.
“We are very pleased to provide this exploration update, including high-grade results for the Lydia gold prospect. Lydia sits on a granted mining lease very close to the Crown Prince Operation.
“We believe we can leverage off existing infrastructure (offices, maintenance facility, crusher, and sampling preparation facility) to bring Lydia online relatively quickly.
“NMG is working towards including Lydia into its resources and reserves inventory.”
Next steps at Lydia will include updating the mineralisation model, incorporating the latest assay results into a JORC-compliant resource estimate, and refining the conceptual pit design.
The company also plans further infill and step-out drilling along the Lydia South and Lydia East prospects, targeting additional extensions of the mineralised system.
With high-grade results, logistical advantages, and a clear pathway to development, Lydia is emerging as a key growth asset within New Murchison Gold’s expanding Western Australian portfolio.
