New Murchison Gold Posts Lower Gold Ore Sales in March Quarter

MT Newswires Live04-28

New Murchison Gold (ASX:NMG) sold a total of 173,174 tonnes of ore at 3.1 grams per tonne gold in the March quarter, for 16,660 ounces of gold, according to a Tuesday Australian bourse filing.

The company reported 187,384 tonnes of ore sold for the three months ended Dec. 31, 2025, an earlier filing showed.

The company reported a cash build of AU$63.6 million for the quarter, delivering a closing cash balance of AU$155.6 million.

The company said it is unhedged and debt-free, with the attributable gold bullion price under the ore purchase agreement for the March quarter of AU$6,994 per ounce against an attributable all-in sustaining cost of AU$3,326 per ounce, the filing added.

The company's shares fell 2% in recent Tuesday trade.

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