New Murchison Gold Limited (ASX:NMG)

ALERT: Price-sensitive ASX Announcement for NMG

Current share price for NMG : $0.051 0.008 (18.60%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

21 Jul 2026 9:12AM

Price at Release

$0.043

Full Release

Summary

New Murchison Gold Limited, operating in the Murchison goldfield, is advancing its Garden Gully Gold Project and Crown Prince Gold Mine. In the recent quarter, NMG sold significant ore quantities under an OPA, with a noted AISC of A$3,448 per ounce. The company generated A$50,943,000 net cash from operating activities and invested heavily in exploration, ending the quarter with A$201,729,000 in cash. Exploration at the Cloudkicker deposit showed promising results, supporting future growth plans, including potential underground operations at Crown Prince. Related party transactions totaled A$70,000.

Key Points

New Murchison Gold Limited (NMG) operates primarily in the Murchison goldfield in Western Australia.
NMG has been focusing on the Garden Gully Gold Project and operates the Crown Prince Gold Mine.
During the quarter, NMG sold 156,367 tonnes of gold-bearing ore under an Offtake and Processing Agreement (OPA).
The company reported an all-in sustaining cost (AISC) of A$3,448 per ounce.
Net cash from operating activities for the quarter amounted to A$50,943,000.
Net cash used in investing activities totaled A$4,863,000, primarily for exploration and evaluation.
NMG ended the quarter with A$201,729,000 in cash and cash equivalents.
Exploration activities included drilling at the Cloudkicker deposit, revealing promising gold intercepts.
The company is evaluating the development of underground operations at the Crown Prince Mine.
NMG reported related party payments of A$70,000 for the quarter.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.