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🏆 Crown Prince Mine Delivers Strong Start — New Murchison Gold Steady at 67,199 t Ore
What’s happening
In its third month of production, Crown Prince delivered 67,199 dry tonnes of ore at a grade of 3.69 g/t Au to Big Bell Gold Operations (a subsidiary of Westgold Resources) for processing at the Bluebird plant.
Under the ore purchase agreement between NMG and Westgold, this shipment is estimated to contain about 7,630 recoverable ounces of gold, with payment expected by end-December 2025.
Why it matters
NMG says this performance matches or exceeds its feasibility-study production forecasts — signalling that Crown Prince has ramped up quickly and is now in stable production mode.
The smooth delivery and consistent ore grade build confidence that the mine is transitioning successfully from development to a reliable cash-flow producing asset.
What to watch
Continued monthly ore deliveries and gold recoveries — whether NMG can maintain or improve output without disruptions.
Future updates on deeper mineralisation or resource expansion around Crown Prince, which could extend the mine’s life and boost upside.
Any changes in gold prices, which will directly affect profitability and investor sentiment on NMG.
#NewMurchison #CrownPrince #Australia #GoldOre $PAXG
What’s happening
In its third month of production, Crown Prince delivered 67,199 dry tonnes of ore at a grade of 3.69 g/t Au to Big Bell Gold Operations (a subsidiary of Westgold Resources) for processing at the Bluebird plant.
Under the ore purchase agreement between NMG and Westgold, this shipment is estimated to contain about 7,630 recoverable ounces of gold, with payment expected by end-December 2025.
Why it matters
NMG says this performance matches or exceeds its feasibility-study production forecasts — signalling that Crown Prince has ramped up quickly and is now in stable production mode.
The smooth delivery and consistent ore grade build confidence that the mine is transitioning successfully from development to a reliable cash-flow producing asset.
What to watch
Continued monthly ore deliveries and gold recoveries — whether NMG can maintain or improve output without disruptions.
Future updates on deeper mineralisation or resource expansion around Crown Prince, which could extend the mine’s life and boost upside.
Any changes in gold prices, which will directly affect profitability and investor sentiment on NMG.
#NewMurchison #CrownPrince #Australia #GoldOre $PAXG
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