New Murchison Gold Reports High-Grade Gold Intercepts at Crown Prince Project

Ora Gold ( (AU:NMG) ) just unveiled an announcement.

New Murchison Gold Limited announced significant high-grade gold intercepts from their drilling operations at the Crown Prince Gold Project, part of their Garden Gully Gold Project. The results from the shallow caprock zone exceeded expectations, suggesting an increase in the grade and thickness of the caprock resource, which will likely enhance the company’s mining plans and resource models. These findings could positively impact the company’s operations and its ore purchase agreement with Westgold.

More about Ora Gold

New Murchison Gold Limited is a company operating in the gold mining industry, focusing on the exploration and development of gold projects. Their primary project is the Garden Gully Gold Project, which includes the Crown Prince Gold Project located near Meekatharra, Western Australia.

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Technical Sentiment Signal: Buy

Current Market Cap: A$147.8M

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