New Murchison Gold (ASX:NMG) Intercepts Further High-Grade Gold at Crown Prince Gold Project

Jane Morgan Management

13 June 2025 – Perth, Australia | New Murchison Gold Limited (ASX:NMG) (“NMG” or the “Company”) is pleased to report further high-grade gold results from Reverse Circulation (RC) grade control drilling at the Crown Prince Gold Project (“Crown Prince”), located within the Company’s flagship Garden Gully Gold Project near Meekatharra, Western Australia.

The latest results come from the central and eastern portions of the South-Eastern Zone (SEB), covering an additional 140 metres of strike length beyond the previously reported assays on 28 May 2025.

Drilling highlights include:

• 2m at 195.79g/t Au from 26m (GC00364)

• 40m at 11.79g/t Au from 3m, including 5m at 67.45g/t Au from 20m (GC00411)

• 31m at 9.70g/t Au from 3m, including 5m at 46.47g/t Au from 24m (GC00419)

• 16m at 12.86g/t Au from 4m, including 3m at 40g/t Au from 9m (GC00428)

• 13m at 12.58g/t Au from 23m, including 2m at 58.33g/t Au from 28m (GC00429)

• 6m at 18.77g/t Au from 22m, including 1m at 97.7g/t Au from 23m (GC00454)

These new assays follow a total of 330 RC drill holes completed as part of a comprehensive grade control program aimed at delineating the ore zones below the caprock in the proposed open pit area. The current announcement includes results from an additional 149 holes.

Alex Passmore, NMG’s CEO, commented: “We are pleased to report high gold grades from this round of grade control drilling which adds further confidence to the mining proposition at Crown Prince in addition to the recently announced high-grade caprock results. The mineralised zones and grades defined by our grade control programs so far are confirming our expectations on a high grade, high return open pit proposition.” 

Crown Prince is located 22km north-west of Meekatharra and is the most advanced deposit in the Garden Gully Project. It is hosted within the Abbotts Greenstone Belt, an area known for structurally controlled high-grade gold mineralisation.

This round of drilling supports the geological continuity of the mineralised structures in the SEB and replicates previously reported grades, underpinning the robustness of the Crown Prince deposit as NMG advances toward production.

For further information, please contact:

Alex Passmore
Chief Executive Officer
[email protected]

Jane Morgan
Investor and Media Relations
[email protected]

Jane Morgan
Jane Morgan Management
Investor & Media Relations
[email protected]