NMG: 2026 Annual Mineral Resource and Ore Reserve Statement
Original announcement by asx on
- Company
- New Murchison Gold Limited
- Ticker
- NMG
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Resource update
- Extracted
- 2026-09-23 07:04:40 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
New Murchison Gold Limited has released its annual Mineral Resources and Ore Reserves Statement for the financial year ending 30 June 2026. The company reported an increase in total Mineral Resources to 353,700 ounces at 2.4 g/t gold and total Ore Reserves to 90,800 ounces at 2.5 g/t gold, successfully replacing mining depletion. The update includes maiden Mineral Resource Estimates for Lydia and Abbotts, and a maiden Ore Reserve for Cloudkicker, all compliant with JORC 2012.
Reasoning: New Murchison Gold Limited has reported a significant increase in overall contained gold ounces for both Mineral Resources and Ore Reserves, successfully replacing mining depletion. The update includes maiden estimates for new deposits and category upgrades, all compliant with JORC 2012 and supported by active mining operations, indicating strong project growth and de-risking.
Positive factors
- Overall contained gold ounces increased for both resources and reserves
- Exploration successfully replaced mining depletion
- Maiden Mineral Resource Estimates for Lydia and Abbotts
- Maiden Ore Reserve for Cloudkicker
- Category upgrades from Inferred to Indicated for several deposits
- JORC 2012 compliant estimates signed off by Competent Persons
- Active mining operations at Crown Prince and Cloudkicker
Negative factors
- Some areas still require additional drilling for classification improvement or to define boundaries
- Potential for deleterious elements (arsenic) at Lydia requires further investigation
Facts used in scoring: 16
Extracted facts
Stored fact records: 16. Some facts used in scoring do not have a stored record.
Resource Estimates (16)
measuredGarden Gully Gold Project · goldTonnes: 263000Grade: 3.5Grade Unit: g/tContained Metal: 29400Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Craig Stokes, Lynn Widenbar
- Resource group id
- resource:dc3e937ba6ca11dee715
- Deposit or zone
- Crown Prince OP
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 263000
- Grade
- 3.5
- Grade Unit
- g/t
- Contained Metal
- 29400
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: High confidence Measured Resource for an actively mined open pit deposit, contributing significantly to the overall resource.
Positive factors
- High confidence Measured Resource
- JORC compliant
- QP/CP signed
- Active production
Evidence · table
“263,000”
Context: Crown Prince OP
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedGarden Gully Gold Project · goldTonnes: 360000Grade: 3.3Grade Unit: g/tContained Metal: 37900Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Craig Stokes, Lynn Widenbar
- Resource group id
- resource:b46d1088cb70ff9d9bd6
- Deposit or zone
- Crown Prince OP
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 360000
- Grade
- 3.3
- Grade Unit
- g/t
- Contained Metal
- 37900
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Indicated Resource for an actively mined open pit deposit, with category upgrade from Inferred to Indicated, enhancing confidence.
Positive factors
- Indicated Resource
- JORC compliant
- QP/CP signed
- Category Upgrade
- Active production
Evidence · table
“360,000”
Context: Crown Prince OP
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: Reasonable geological confidence for this resource.
Evidence · table
“Indicated”
Context: 360,000
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredGarden Gully Gold Project · goldTonnes: 14000Grade: 0.8Grade Unit: g/tContained Metal: 400Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Craig Stokes, Lynn Widenbar
- Resource group id
- resource:232ee901037e8766cdc0
- Deposit or zone
- Crown Prince OP
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 14000
- Grade
- 0.8
- Grade Unit
- g/t
- Contained Metal
- 400
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Small Inferred Resource for the open pit, indicating some remaining potential but with lower confidence.
Positive factors
- JORC compliant
- QP/CP signed
Negative factors
- Inferred Resource
Evidence · table
“14,000”
Context: Crown Prince OP
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: Speculative category with limited drilling.
Evidence · table
“Inferred”
Context: 14,000
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredGarden Gully Gold Project · goldTonnes: 190000Grade: 0.8Grade Unit: g/tContained Metal: 4800Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Craig Stokes, Lynn Widenbar
- Resource group id
- resource:07f5a83df1c33c9722f2
- Deposit or zone
- Crown Prince OP Stockpiles
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 190000
- Grade
- 0.8
- Grade Unit
- g/t
- Contained Metal
- 4800
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Resource from existing stockpiles, providing immediate feed for operations.
Positive factors
- High confidence resource from stockpiles
- JORC compliant
- QP/CP signed
Evidence · table
“190,000”
Context: Stockpiles
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredGarden Gully Gold Project · goldTonnes: 12000Grade: 3.3Grade Unit: g/tContained Metal: 1300Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Craig Stokes, Lynn Widenbar
- Resource group id
- resource:e0fd2e2fab74f0847daa
- Deposit or zone
- Crown Prince UG
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 12000
- Grade
- 3.3
- Grade Unit
- g/t
- Contained Metal
- 1300
- Contained Unit
- oz
- Cutoff Grade
- 1.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: High confidence Measured Resource for the underground component, indicating future growth potential.
Positive factors
- High confidence Measured Resource
- JORC compliant
- QP/CP signed
- Underground potential
Evidence · table
“12,000”
Context: Crown Prince UG
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedGarden Gully Gold Project · goldTonnes: 1081000Grade: 3.6Grade Unit: g/tContained Metal: 126700Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Craig Stokes, Lynn Widenbar
- Resource group id
- resource:8fe4e7828b4b9add852f
- Deposit or zone
- Crown Prince UG
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1081000
- Grade
- 3.6
- Grade Unit
- g/t
- Contained Metal
- 126700
- Contained Unit
- oz
- Cutoff Grade
- 1.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Significant Indicated Resource for the underground component, with category upgrade, pointing to future growth.
Positive factors
- Large Indicated Resource
- JORC compliant
- QP/CP signed
- Category Upgrade
- Underground potential
Evidence · table
“1,081,000”
Context: Crown Prince UG
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: Reasonable geological confidence for this resource.
Evidence · table
“Indicated”
Context: 1,081,000
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredGarden Gully Gold Project · goldTonnes: 361000Grade: 1.9Grade Unit: g/tContained Metal: 22400Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Craig Stokes, Lynn Widenbar
- Resource group id
- resource:1ae51382be8c34725e04
- Deposit or zone
- Crown Prince UG
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 361000
- Grade
- 1.9
- Grade Unit
- g/t
- Contained Metal
- 22400
- Contained Unit
- oz
- Cutoff Grade
- 1.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Moderate Inferred Resource for the underground component, indicating potential but requiring further drilling to increase confidence.
Positive factors
- JORC compliant
- QP/CP signed
- Underground potential
Negative factors
- Inferred Resource
Evidence · table
“361,000”
Context: Crown Prince UG
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: Speculative category with limited drilling.
Evidence · table
“Inferred”
Context: 361,000
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedGarden Gully Gold Project · goldTonnes: 341000Grade: 2.3Grade Unit: g/tContained Metal: 25100Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Craig Stokes, Lynn Widenbar
- Resource group id
- resource:fcf32c69fc87edd7a041
- Deposit or zone
- Cloudkicker
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 341000
- Grade
- 2.3
- Grade Unit
- g/t
- Contained Metal
- 25100
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Significant Indicated Resource for Cloudkicker, with category upgrade, supporting the maiden Ore Reserve.
Positive factors
- Indicated Resource
- JORC compliant
- QP/CP signed
- Category Upgrade
Evidence · table
“341,000”
Context: Cloudkicker
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: Reasonable geological confidence for this resource.
Evidence · table
“Indicated”
Context: 341,000
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredGarden Gully Gold Project · goldTonnes: 159000Grade: 1.2Grade Unit: g/tContained Metal: 6100Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Craig Stokes, Lynn Widenbar
- Resource group id
- resource:bc089bb52d5256d69180
- Deposit or zone
- Cloudkicker
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 159000
- Grade
- 1.2
- Grade Unit
- g/t
- Contained Metal
- 6100
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Moderate Inferred Resource for Cloudkicker, indicating potential but requiring further drilling to increase confidence.
Positive factors
- JORC compliant
- QP/CP signed
Negative factors
- Inferred Resource
Evidence · table
“159,000”
Context: Cloudkicker
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: Speculative category with limited drilling.
Evidence · table
“Inferred”
Context: 159,000
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredGarden Gully Gold Project · goldTonnes: 2000Grade: 17.1Grade Unit: g/tContained Metal: 1100Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Craig Stokes, Lynn Widenbar
- Resource group id
- resource:2ee512241276571e050f
- Deposit or zone
- Lydia
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 2000
- Grade
- 17.1
- Grade Unit
- g/t
- Contained Metal
- 1100
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: High-grade Measured Resource for the maiden Lydia estimate, indicating strong potential, but with a small tonnage and potential for deleterious elements.
Positive factors
- High confidence Measured Resource
- JORC compliant
- QP/CP signed
- Maiden Resource
Negative factors
- Potential deleterious elements
Evidence · table
“2,000”
Context: Lydia
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedGarden Gully Gold Project · goldTonnes: 474000Grade: 1.7Grade Unit: g/tContained Metal: 26400Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Craig Stokes, Lynn Widenbar
- Resource group id
- resource:09508a4027765d49febb
- Deposit or zone
- Lydia
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 474000
- Grade
- 1.7
- Grade Unit
- g/t
- Contained Metal
- 26400
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Significant Indicated Resource for the maiden Lydia estimate, with category upgrade, but potential for deleterious elements needs further study.
Positive factors
- Indicated Resource
- JORC compliant
- QP/CP signed
- Maiden Resource
- Category Upgrade
Negative factors
- Potential deleterious elements
Evidence · table
“474,000”
Context: Lydia
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: Reasonable geological confidence for this resource.
Evidence · table
“Indicated”
Context: 474,000
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredGarden Gully Gold Project · goldTonnes: 486000Grade: 1.8Grade Unit: g/tContained Metal: 27600Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Craig Stokes, Lynn Widenbar
- Resource group id
- resource:cb736be675d8f7c05526
- Deposit or zone
- Lydia
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 486000
- Grade
- 1.8
- Grade Unit
- g/t
- Contained Metal
- 27600
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Moderate Inferred Resource for the maiden Lydia estimate, indicating potential but requiring further drilling and study on deleterious elements.
Positive factors
- JORC compliant
- QP/CP signed
- Maiden Resource
Negative factors
- Inferred Resource
- Potential deleterious elements
Evidence · table
“486,000”
Context: Lydia
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: Speculative category with limited drilling.
Evidence · table
“Inferred”
Context: 486,000
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredGarden Gully Gold Project · goldTonnes: 789000Grade: 1.8Grade Unit: g/tContained Metal: 44500Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Craig Stokes, Lynn Widenbar
- Resource group id
- resource:23fc1c758bb4cfd0c738
- Deposit or zone
- Abbotts
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 789000
- Grade
- 1.8
- Grade Unit
- g/t
- Contained Metal
- 44500
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Significant Inferred Resource for the maiden Abbotts estimate, indicating good potential but requiring further drilling to increase confidence.
Positive factors
- JORC compliant
- QP/CP signed
- Maiden Resource
Negative factors
- Inferred Resource
Evidence · table
“789,000”
Context: Abbotts
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: Speculative category with limited drilling.
Evidence · table
“Inferred”
Context: 789,000
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableGarden Gully Gold Project · goldTonnes: 640000Grade: 3.1Grade Unit: g/tContained Metal: 65000Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Hemal Patel
- Resource group id
- resource:b6b77462367afddc2b46
- Deposit or zone
- Crown Prince OP
- Mining method
- combined
Resource Data
- Category
- probable
- Tonnes
- 640000
- Grade
- 3.1
- Grade Unit
- g/t
- Contained Metal
- 65000
- Contained Unit
- oz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Significant Probable Reserve for the actively mined Crown Prince open pit, demonstrating economic viability.
Positive factors
- Probable Reserve
- JORC compliant
- QP/CP signed
- Active production
Evidence · table
“640,000”
Context: Crown Prince OP
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableGarden Gully Gold Project · goldTonnes: 310000Grade: 2.2Grade Unit: g/tContained Metal: 21000Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Hemal Patel
- Resource group id
- resource:bf13f88dd7170278db82
- Deposit or zone
- Cloudkicker OP
- Mining method
- combined
Resource Data
- Category
- probable
- Tonnes
- 310000
- Grade
- 2.2
- Grade Unit
- g/t
- Contained Metal
- 21000
- Contained Unit
- oz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Maiden Probable Ore Reserve for Cloudkicker, with mining already underway, significantly de-risking the project.
Positive factors
- Maiden Reserve
- Probable Reserve
- JORC compliant
- QP/CP signed
- Mining underway
Evidence · table
“310,000”
Context: Cloudkicker OP
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
provenGarden Gully Gold Project · goldTonnes: 190000Grade: 0.8Grade Unit: g/tContained Metal: 4800Contained Unit: ozView all detailsHide details
Identity
- Project
- Garden Gully Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- NMG
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Hemal Patel
- Resource group id
- resource:ceb91bdd82872cd6e744
- Deposit or zone
- Crown Prince stockpiles
- Mining method
- combined
Resource Data
- Category
- proven
- Tonnes
- 190000
- Grade
- 0.8
- Grade Unit
- g/t
- Contained Metal
- 4800
- Contained Unit
- oz
- Cutoff Grade
- 0.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-06-30
Lab
- Laboratory
- Intertek Laboratories, Nagrom, Bureau Veritas
Location
- CRS
- MGA2020, Zone 50
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Proven Reserve from existing stockpiles, providing immediate and high-confidence feed for operations.
Positive factors
- Proven Reserve
- JORC compliant
- QP/CP signed
- Immediate feed
Evidence · table
“190,000”
Context: Crown Prince stockpiles
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.