New Murchison Gold Limited (ASX: NMG) has reported a strong operational performance from its flagship Crown Prince Gold Mine in Western Australia’s Murchison region, marking the completion of the project’s ramp-up phase and confirming steady-state operations.
During October, the company trucked 60,877 dry tonnes of ore grading 3.95 grams per tonne (g/t) gold, adjusted for recovery, to Westgold Resources’ (ASX: WGX) Bluebird processing facility under the existing Ore Purchase Agreement.
This volume is double the production achieved in the mine’s first operational month, demonstrating a rapid and efficient scale-up.
The agreed recoverable gold content of 7,285 ounces underscores the mine’s robust performance, with the corresponding ore sales payment scheduled for late November 2025.
According to NMG, key highlights for the month included the move to stable production rates and a significant build-up in ore stockpiles.
The site now holds approximately 37,900 tonnes of run-of-mine ore and 11,200 tonnes of crushed high-grade product ready for processing.
The company also credited its contracting partners for contributing to a smooth and accelerated ramp-up.
The completion of key milestones ahead of schedule was attributed to close collaboration between NMG, Ozland Mining, and MLG Crushing.
NMG Chief Executive Officer Alex Passmore said the team’s focused efforts had been instrumental in achieving strong early results.
“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,” he said.
“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.”
Following the mine’s successful transition to production, New Murchison Gold is now turning its attention to exploration across its broader Murchison portfolio.
The company’s tenement package covers 677 square kilometres of highly prospective ground within the Abbotts Greenstone Belt, one of Western Australia’s most productive gold regions.
Investor and Media Relations Manager Jane Morgan said the Crown Prince development exemplified NMG’s strategy of rapid, value-focused project advancement.
“When we set out to explore the opportunities at Crown Prince, just over two and a half years ago, our objectives were clear,” Morgan said.
“Turn a large, underexplored tenement package in one of Australia’s most prolific goldfields into a producing asset that delivers for shareholders.”
Morgan said the rapid development and successful ramp-up at Crown Prince reflected the team’s clear focus.
He noted that the second month of operations had completed the mine’s ramp-up phase, with the combined efforts of the operations team, Ozland Mining, and MLG Crushing surpassing expectations.
Morgan added that the project was now well-positioned for strong production in November.
With gold output and cash flow now coming from Crown Prince, he said the company was advancing its exploration program across its 677-square-kilometre Murchison tenement package in the Abbotts Greenstone Belt.
He said multiple drill rigs were active across the belt, and the company looked forward to updating the market as results from these programs were received.
The company expects to provide further operational updates once November production numbers and exploration results become available.
