Crown Prince Drilling Yields Multiple Intervals Above 30 g/t Gold in 101 Holes

Strong Grade Control Drilling Results

New Murchison Gold Limited (ASX:NMG) has released encouraging assay results from its ongoing grade control drilling program at the Crown Prince Gold Project, part of the broader Garden Gully Project near Meekatharra in Western Australia. The company reported high-grade gold intersections from the first 101 reverse circulation (RC) drill holes, targeting mineralisation within 0-50 metres depth beneath the lateritic cap rock.

The drilling focused on early mining benches within the proposed open pit design, primarily across the Main Zone (MOB) and South-Eastern Zone (SEB) of the Crown Prince ore body. Notable intercepts include 4 metres at 40.98 grams per tonne (g/t) gold from 25 metres, 10 metres at 31.71 g/t from 24 metres, and 10 metres at 67.57 g/t from 47 metres, among others. These results confirm the presence of high-grade shoots and continuity of mineralisation consistent with previous resource drilling.

Implications for Mining and Development

The grade control drilling program is designed to infill and support resource estimation ahead of mining operations. With 330 inclined drill holes planned to a maximum depth of 83 metres, the current results provide a strong foundation for the company’s recently announced maiden Ore Reserve and Feasibility Study for Crown Prince. CEO Alex Passmore highlighted that these high-grade results add confidence to the mining proposition, underpinning expectations of a high-grade, high-return open pit operation.

The Crown Prince deposit lies within a prolific goldfield and is accessible via established infrastructure, located just 22 kilometres northwest of Meekatharra. The geological setting features gold mineralisation controlled by major north-trending structures and contact zones between metamorphosed felsic and mafic rocks, typical of the region’s gold deposits.

Technical Rigor and Future Exploration

The drilling and sampling protocols adhere to industry best practices, with samples assayed by Intertek Laboratories in Perth using fire assay methods. Quality control measures include duplicate sampling, certified reference materials, and rigorous logging by qualified geologists. While the current data reports downhole intercepts without established true widths, the program aims to refine geological models and better understand mineralisation geometry through further drilling.

Looking ahead, New Murchison Gold plans to extend drilling deeper below 50 metres vertical depth using larger RC rigs to explore the potential for primary sulphide mineralisation. This next phase will be critical in assessing the deposit’s full economic potential and supporting the company’s path toward production.

Context Within the Garden Gully Project

The Crown Prince deposit is the most advanced within New Murchison Gold’s extensive Garden Gully tenure, which covers approximately 217 square kilometres of the Abbotts Greenstone Belt. The region has a rich history of gold mining dating back to the late 19th century, with multiple exploration campaigns by various companies over the decades. New Murchison Gold’s recent resource updates and feasibility work position it well to capitalize on this prospective ground.