Crown Prince Mine Marks Third Month of Consistent Production Output

New Murchison Gold Limited (ASX:NMG,OTC:TLXPF) has demonstrated sustained operational performance at its Crown Prince facility within the Garden Gully gold project, delivering another substantial monthly shipment to Westgold Resources’ Big Bell Gold Operations processing facility.

Production Metrics Show Alignment with Projections

The December mining cycle yielded 67,199 dry tonnes of ore graded at 3.69 g/t gold, translating to an estimated 7,630 recoverable ounces destined for the Bluebird processing plant situated 36 kilometres distant. This marks the second consecutive month where monthly throughput exceeded the ore purchase agreement’s 50,000-tonne monthly threshold, signalling enhanced operational efficiency.

CEO Alex Passmore noted that production levels have reached equilibrium with initial feasibility study expectations, reflecting optimised mine-to-mill logistics and consistent extraction methodologies. Site records at November close documented approximately 16,200 wet tonnes of processed ore inventory awaiting final settlement arrangements.

Financial and Resource Classification Updates

October ore shipments generated AU$41.6 million in revenue, with December payment scheduled for month-end in accordance with contractual obligations. The company’s latest mineral resource estimate (MRE) reflects notable portfolio strength, with Crown Prince now carrying 79 kiloounces at 3.9 g/t gold—a 16 percent elevation from February 2024 assessments.

The updated gold classification framework particularly strengthens the indicated resource category, which expanded 39 percent to 226 kiloounces graded at 4.6 g/t gold. This enhanced gold classification demonstrates improved geological confidence in higher-grade ore zones and supports the sustainability of current extraction schedules.

Quarterly operational updates will provide ongoing visibility into production trajectories and resource development progress.