New Murchison Gold Says Western Australia Mine Posts Strong Performance in December 2025 Quarter; Shares Jump 4%

MT Newswires Live07:50

New Murchison Gold (ASX:NMG) said its Crown Prince mine in Western Australia sold a total of 187,384 tonnes of ore in the quarter ended Dec. 31, 2025, exceeding expectations, according to a Tuesday filing with the Australian bourse.

The company had been expected to sell 150,000 tonnes of ore under its Ore Purchase Agreement with Westgold Resources (ASX:WGX).

The miner generated AU$72.3 million in cash in the quarter, adding to capital for the development and exploration program across its Murchison gold fields tenement package in Western Australia.

Additionally, the company changed its financial year-end to June 30 from Sept. 30.

New Murchison Gold's shares jumped 4% in recent Tuesday trade. Westgold Resources' shares were up 1% and earlier hit an all-time high.

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