Ora Gold Ltd. ( (AU:NMG) ) just unveiled an update.
New Murchison Gold Limited has announced that its Ore Purchase Agreement with Westgold Resources Limited has come into full effect, marking a significant milestone in the development of its high-grade Crown Prince open pit gold project. The company is advancing rapidly with key operational activities such as acquiring an operational base, securing necessary permits, and initiating drilling and recruitment processes, which are expected to strengthen its industry positioning and operational capabilities.
More about Ora Gold Ltd.
New Murchison Gold Limited (ASX: NMG) is a mineral exploration and development company operating in the Murchison goldfield near Meekatharra, Western Australia. The company focuses on the Garden Gully Gold Project, which includes a significant tenure package covering the Abbotts Greenstone Belt and other regional structures, with the Crown Prince Deposit being its most advanced gold deposit.
YTD Price Performance: -23.08%
Average Trading Volume: 112,500
Technical Sentiment Signal: Sell
Current Market Cap: €86.73M
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