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Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) has issued an update.
Native Mineral Resources has completed its final gold pour for calendar 2025 at its Blackjack Gold Operations in Queensland, producing about 8.36kg of gold doré and bringing total output since production began in July to roughly 1,460.6 ounces of gold and approximately $8.72 million in gross revenue, with management expecting total gold sales to reach around $10 million once refinery results for the latest smelt are received. The company reports improving operational rhythm at Blackjack, nearing completion of key tailings storage facility works and targeted plant maintenance to enhance reliability, while progressing its growth strategy by preparing to begin drilling at the Podosky prospect under the Ravenswood joint venture in early January 2026, where NMR will fund operations and share profits equally after costs and a management fee, reinforcing Blackjack’s role as a regional processing hub.
More about Native Mineral Resources Holdings Ltd.
Native Mineral Resources Holdings Ltd. is an Australian gold producer focused on developing and operating gold assets in northern Queensland, including the Blackjack and Far Fanning deposits, with a strategy to use its Blackjack operation as a central processing hub. The company is also expanding its footprint through a joint venture at the Ravenswood Gold Project’s Podosky prospect with Haoma Mining NL, targeting additional near-term feed for its processing infrastructure.
Average Trading Volume: 2,282,743
Technical Sentiment Signal: Sell
Current Market Cap: A$64.22M
See more data about NMR stock on TipRanks’ Stock Analysis page.