# NMG: Quarterly Activities and Appendix 5B Cash Flow Report

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03155599

Publisher: asx

Original announcement: 2026-10-21T22:20:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-21T23:13:29.404Z

Atlas analysis updated: 2026-10-21T23:13:29.404Z

- Company: New Murchison Gold Limited

- Ticker: NMG

- Exchange: ASX

- Region: Western Australia

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Other, Production, Resource update, Drill results

- Extracted: 2026-10-21 23:13:30 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

New Murchison Gold Limited reported a strong financial quarter with a $18.7 million cash increase to $220.4 million and declared a maiden fully franked dividend of 0.25 cents per share. The company announced new high-grade gold drill intercepts from Cloudkicker, Lydia, and Airstrip prospects, with significant strike extensions at Airstrip East. Production for the quarter was lower at 10,837 ounces of gold in ore due to planned waste stripping and weather, leading to higher All-in Sustaining Costs, but the annual Mineral Resource and Ore Reserve updates show overall growth.

Reasoning: New Murchison Gold reported a strong financial position, including a maiden dividend and substantial cash reserves. The company also announced new high-grade drill results from Cloudkicker and Lydia, with significant strike extensions at Airstrip, highlighting exploration success. While quarterly production was lower and costs higher due to operational phasing, the annual resource and reserve updates indicate overall growth and improved confidence in the project's future.

- Positive factor: Maiden dividend declared, indicating financial health and shareholder returns.

- Positive factor: Strong cash balance of $220.4 million with no debt or hedging.

- Positive factor: High-grade gold intercepts from Cloudkicker and Lydia, including several bonanza grades, demonstrating exploration success.

- Positive factor: Significant strike extension at Airstrip East, indicating potential for further resource growth.

- Positive factor: Annual MRE/ORE updates show overall resource growth and grade improvement in key areas.

- Positive factor: Strengthening of the management team with key appointments in health, safety, risk, and exploration.

- Negative factor: Lower gold production and higher All-in Sustaining Costs \(AISC\) for the quarter due to planned waste stripping and weather delays.

- Negative factor: A single Lost Time Injury \(LTI\) was recorded during the quarter.

Facts used in scoring: 80

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The document includes a 'Competent Person Statement' section which details the work undertaken by qualified professionals and references the JORC Code.

Evidence · text

> Competent Person Statement Exploration Results Information in this Announcement that relates to exploration results is based upon work undertaken by Mr. Alexander Johnston, a Competent Person who is a Member of the Australian Institute of Geoscientists \(AIG\). Mr Johnston has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a ‘Competent Person’ as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ \(JORC Code\). Mr Johnston is an employee of NMG Limited and consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears. Mineral Resources The information contained in this announcement that relates to Mineral Resources for Crown Prince, Cloudkicker and Lydia is based upon, and fairly represents, information and supporting documentation compiled by Mr Craig Stokes MAusIMM. Mr Stokes is a Principal Geologist with Stokes Geoscience with over 19 years in the mining industry and a Member of the Australasian Institute of Mining and Metallurgy. The Competent Person has sufficient experience relevant to the style\(s\) of mineralisation and type\(s\) of deposit under consideration and to the activity which they are undertaking to qualify as Competent Persons as defined in the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Stokes consents to the inclusion of information relating to the Mineral Resource Estimate as it appears in this report. The information contained in this announcement that relates to Mineral Resources for Abbotts is based upon, and fairly represents, information and supporting documentation compiled by Mr Lynn Widenbar FAusIMM. Mr Widenbar is the Principal of Widenbar and Associates, a consultant resource geologist with over 50 years’ experience and a Fellow of the Australasian Institute of Mining and Metallurgy. The Competent Person has sufficient experience relevant to the style\(s\) of mineralisation and type\(s\) of deposit under consideration and to the activity which they are undertaking to qualify as Competent Persons as defined in the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Widenbar consents to the inclusion of information relating to the Mineral Resource Estimate as it appears in this report. Ore Reserves The Competent Person for the Ore Reserve estimate is Mr Hemal Patel, a mining engineer with more than 18 years’ experience in the mining industry. Mr Hemal is a Member of the AusIMM, a full-time employee of Has Holdings Pty Ltd and has sufficient open pit mining activity experience relevant to the style of mineralisation and type of deposit under consideration to qualify as a Competent Person as defined in the JORC Code. Mr Hemal consents to the inclusion of information relating to the Ore Reserve in the form and context in which it appears.

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The Competent Person Statement explicitly references the '2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ \(JORC Code\)'.

Evidence · text

> 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ \(JORC Code\)

**Bonanza Intercept**

Polarity: positive

Story-specific tag

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Several drill intercepts, particularly sub-intervals, report gold grades significantly above the orogenic gold exceptional threshold of 5 g/t Au, including 54.80 g/t, 47.20 g/t, 38.30 g/t, and 32.17 g/t.

Evidence · text

> 1m @ 54.80g/t Au from 58m in CKGC062

**Apparent Width Only**

Polarity: negative

Story-specific tag

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: All reported drill intercepts are given as downhole lengths without disclosure of true width or drill orientation relative to mineralization.

Evidence · text

> 10m @ 13.61g/t Au from 44m

**Step-Out Extension**

Polarity: positive

Story-specific tag

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drilling at Airstrip Prospect 'more than doubled the interpreted mineralised strike extent at Airstrip East from approximately 310m to 730m, with mineralisation remaining open to the north-east, south-west and at depth'.

Evidence · text

> Drilling at Airstrip Prospect more than doubled the interpreted mineralised strike extent at Airstrip East from approximately 310m to 730m, with mineralisation remaining open to the north-east, south-west and at depth.

**Infill Drilling**

Polarity: neutral

Story-specific tag

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The next steps for Lydia prospects include 'infill drilling of the high-grade shoots'.

Evidence · text

> The next steps for these prospects include infill drilling of the high-grade shoots

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document reports on the 'Annual Mineral Resource Estimate \(“MRE”\) and Annual Ore Reserve Estimate \(“ORE”\) updates' that were announced on 23 September 2026.

Evidence · text

> Annual Mineral Resource Estimate \(“MRE”\) and Annual Ore Reserve Estimate \(“ORE”\) updates were announced to the ASX 23 September 2026.

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The MRE table includes Cloudkicker, Lydia, and Abbotts as new deposits within the overall Garden Gully MRE, for which no prior estimates were provided in RAG comparables.

Evidence · text

> Cloudkicker Indicated 0.5g/t 341,000 2.3 25,100

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The MRE includes significant portions of gold mineralization classified as Inferred, such as 361,000 tonnes at 1.9 g/t Au for Crown Prince UG and 789,000 tonnes at 1.8 g/t Au for Abbotts.

Evidence · table

> Inferred 0.5g/t 14,000 0.9 400

Context: Crown Prince OP

**All Inferred**

Polarity: negative

Definition: 100% of resource is Inferred category — very early stage, no engineering confidence.

Why it applies: The Abbotts deposit is reported entirely as an Inferred resource \(789,000 tonnes at 1.8 g/t Au\), indicating very early-stage geological confidence.

Evidence · table

> Abbotts Inferred 0.5g/t 789,000 1.8 44,500

Context: Abbotts

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: The Measured resource for Crown Prince OP shows an increase in grade from 3.5 g/t to 3.8 g/t Au compared to the prior estimate.

Evidence · table

> Measured 0.5g/t 263,000 3.8 38,900

Context: Crown Prince OP

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: The Measured resource for Crown Prince OP shows an increase in contained metal from 29,400 oz to 38,900 oz compared to the prior estimate.

Evidence · table

> Measured 0.5g/t 263,000 3.8 38,900

Context: Crown Prince OP

**Grade Decline**

Polarity: negative

Definition: Average grade dropped &gt;5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: The Indicated resource for Crown Prince OP shows a decrease in grade from 3.3 g/t to 3.1 g/t Au compared to the prior estimate.

Evidence · table

> Indicated 0.5g/t 360,000 3.1 38,700

Context: Crown Prince OP

## Extracted facts

Stored fact records: 73. Some facts used in scoring do not have a stored record.

## Drill Results (57)

### CKGC020

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-23)

Garden Gully · gold

#### Identity

- Hole ID: CKGC020
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 13.61
- Grade Unit: g/t
- Intercept: 10 m
- From: 44 m
- To: 54 m
- Intercept Depth: 44 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKGC020:44-54
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade, good-width intercept at Cloudkicker is a strong positive, indicating significant gold mineralization and exceeding the project's average grade, supporting further growth potential.

- Positive factor: High-grade intercept \(13.61 g/t Au\) significantly above the project average \(5.937 g/t Au\).

- Positive factor: Good intercept length \(10m\) for an open-pit target.

- Positive factor: Supports potential for further growth at Cloudkicker.

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 10m @ 13.61g/t Au from 44m incl. 3m @ 32.17g/t Au from 46m in CKGC020

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKGC020

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-24)

Garden Gully · gold

#### Identity

- Hole ID: CKGC020
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 32.17
- Grade Unit: g/t
- Intercept: 3 m
- From: 46 m
- To: 49 m
- Intercept Depth: 44 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKGC020:46-49
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is an exceptional result, demonstrating very high-grade gold mineralization at Cloudkicker and significantly exceeding previous best grades, indicating strong potential.

- Positive factor: Bonanza intercept \(32.17 g/t Au\) significantly above the project's best grade \(47.2 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(96.51 g/t·m\) indicates a very strong intercept.

- Positive factor: Confirms very high-grade mineralization within the broader interval.

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 3m @ 32.17g/t Au from 46m in CKGC020

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKGC015

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-25)

Garden Gully · gold

#### Identity

- Hole ID: CKGC015
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 9.31
- Grade Unit: g/t
- Intercept: 9 m
- From: 3 m
- To: 12 m
- Intercept Depth: 3 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKGC015:3-12
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This shallow, high-grade intercept at Cloudkicker is a strong positive, indicating significant gold mineralization near surface and supporting open-pit potential.

- Positive factor: High-grade intercept \(9.31 g/t Au\) significantly above the project average \(5.937 g/t Au\).

- Positive factor: Shallow depth \(from 3m\) is favorable for open-pit mining.

- Positive factor: Good intercept length \(9m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 9m @ 9.31g/t Au from 3m incl. 3m @ 14.30g/t Au from 3m in CKGC015

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKGC015

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-26)

Garden Gully · gold

#### Identity

- Hole ID: CKGC015
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 14.3
- Grade Unit: g/t
- Intercept: 3 m
- From: 3 m
- To: 6 m
- Intercept Depth: 3 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKGC015:3-6
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval at shallow depth is an excellent result, confirming very high-grade mineralization near surface at Cloudkicker and enhancing open-pit potential.

- Positive factor: Bonanza intercept \(14.30 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: Shallow depth \(from 3m\) is highly favorable for open-pit mining.

- Positive factor: High grade-width product \(42.9 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 3m @ 14.30g/t Au from 3m in CKGC015

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKRD017

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-27)

Garden Gully · gold

#### Identity

- Hole ID: CKRD017
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 9.22
- Grade Unit: g/t
- Intercept: 8 m
- From: 62 m
- To: 70 m
- Intercept Depth: 62 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKRD017:62-70
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade intercept at Cloudkicker is a strong positive, indicating significant gold mineralization and supporting the project's overall potential.

- Positive factor: High-grade intercept \(9.22 g/t Au\) significantly above the project average \(5.937 g/t Au\).

- Positive factor: Good intercept length \(8m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 8m @ 9.22g/t Au from 62m incl. 3m @ 14.32g/t Au from 67m in CKRD017

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKRD017

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-28)

Garden Gully · gold

#### Identity

- Hole ID: CKRD017
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 14.32
- Grade Unit: g/t
- Intercept: 3 m
- From: 67 m
- To: 70 m
- Intercept Depth: 62 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKRD017:67-70
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval confirms very high-grade mineralization within the broader intercept at Cloudkicker, enhancing the project's overall potential.

- Positive factor: Bonanza intercept \(14.32 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(42.96 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 3m @ 14.32g/t Au from 67m in CKRD017

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKGC045A

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-29)

Garden Gully · gold

#### Identity

- Hole ID: CKGC045A
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 8.7
- Grade Unit: g/t
- Intercept: 7 m
- From: 55 m
- To: 62 m
- Intercept Depth: 55 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKGC045A:55-62
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade intercept at Cloudkicker is a strong positive, indicating significant gold mineralization and supporting the project's overall potential.

- Positive factor: High-grade intercept \(8.70 g/t Au\) significantly above the project average \(5.937 g/t Au\).

- Positive factor: Good intercept length \(7m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 7m @ 8.70g/t Au from 55m incl. 1m @ 38.30g/t Au from 59m in CKGC045A

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKGC045A

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-30)

Garden Gully · gold

#### Identity

- Hole ID: CKGC045A
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 38.3
- Grade Unit: g/t
- Intercept: 1 m
- From: 59 m
- To: 60 m
- Intercept Depth: 55 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKGC045A:59-60
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval confirms very high-grade mineralization within the broader intercept at Cloudkicker, significantly enhancing the project's overall potential.

- Positive factor: Bonanza intercept \(38.30 g/t Au\) significantly above the project's best grade \(47.2 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(38.3 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m @ 38.30g/t Au from 59m in CKGC045A

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKGC062

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-31)

Garden Gully · gold

#### Identity

- Hole ID: CKGC062
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 54.8
- Grade Unit: g/t
- Intercept: 1 m
- From: 58 m
- To: 59 m
- Intercept Depth: 58 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKGC062:58-59
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade intercept is the highest reported in the release, demonstrating exceptional gold mineralization at Cloudkicker and significantly exceeding previous best grades, indicating strong potential.

- Positive factor: Bonanza intercept \(54.80 g/t Au\) significantly above the project's best grade \(47.2 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: Highest grade reported in this release, indicating exceptional mineralization.

- Positive factor: High grade-width product \(54.8 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m @ 54.80g/t Au from 58m in CKGC062

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKRD008

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-32)

Garden Gully · gold

#### Identity

- Hole ID: CKRD008
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 6.47
- Grade Unit: g/t
- Intercept: 8 m
- From: 60 m
- To: 68 m
- Intercept Depth: 60 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKRD008:60-68
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade intercept at Cloudkicker is a strong positive, indicating significant gold mineralization and supporting the project's overall potential.

- Positive factor: High-grade intercept \(6.47 g/t Au\) above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: Good intercept length \(8m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 8m @ 6.47g/t Au from 60m incl. 3m @ 12.87g/t Au from 60m in CKRD008

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKRD008

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-33)

Garden Gully · gold

#### Identity

- Hole ID: CKRD008
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 12.87
- Grade Unit: g/t
- Intercept: 3 m
- From: 60 m
- To: 63 m
- Intercept Depth: 60 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKRD008:60-63
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms significant gold mineralization within the broader intercept at Cloudkicker, enhancing the project's overall potential.

- Positive factor: High-grade intercept \(12.87 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(38.61 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 3m @ 12.87g/t Au from 60m in CKRD008

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKRD008

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-34)

Garden Gully · gold

#### Identity

- Hole ID: CKRD008
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 5.86
- Grade Unit: g/t
- Intercept: 9 m
- From: 72 m
- To: 81 m
- Intercept Depth: 72 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKRD008:72-81
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade intercept at Cloudkicker is a positive result, indicating consistent gold mineralization and supporting the project's overall potential.

- Positive factor: High-grade intercept \(5.86 g/t Au\) near the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: Good intercept length \(9m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 9m @ 5.86g/t Au from 72m incl. 3m @ 10.27g/t Au from 75m in CKRD008

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKRD008

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-35)

Garden Gully · gold

#### Identity

- Hole ID: CKRD008
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 10.27
- Grade Unit: g/t
- Intercept: 3 m
- From: 75 m
- To: 78 m
- Intercept Depth: 72 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKRD008:75-78
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms significant gold mineralization within the broader intercept at Cloudkicker, enhancing the project's overall potential.

- Positive factor: High-grade intercept \(10.27 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(30.81 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 3m @ 10.27g/t Au from 75m in CKRD008

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKRD022

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-36)

Garden Gully · gold

#### Identity

- Hole ID: CKRD022
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 7.33
- Grade Unit: g/t
- Intercept: 5 m
- From: 91 m
- To: 96 m
- Intercept Depth: 91 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKRD022:91-96
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade intercept at Cloudkicker is a strong positive, indicating significant gold mineralization and supporting the project's overall potential.

- Positive factor: High-grade intercept \(7.33 g/t Au\) above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: Good intercept length \(5m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 5m @ 7.33g/t Au from 91m incl. 1m @ 11.10g/t Au from 91m in CKRD022

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKRD022

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-37)

Garden Gully · gold

#### Identity

- Hole ID: CKRD022
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 11.1
- Grade Unit: g/t
- Intercept: 1 m
- From: 91 m
- To: 92 m
- Intercept Depth: 91 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKRD022:91-92
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms significant gold mineralization within the broader intercept at Cloudkicker, enhancing the project's overall potential.

- Positive factor: High-grade intercept \(11.10 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(11.1 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m @ 11.10g/t Au from 91m in CKRD022

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKRD019

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-38)

Garden Gully · gold

#### Identity

- Hole ID: CKRD019
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 5
- Grade Unit: g/t
- Intercept: 7 m
- From: 72 m
- To: 79 m
- Intercept Depth: 72 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKRD019:72-79
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade intercept at Cloudkicker is a positive result, indicating consistent gold mineralization and supporting the project's overall potential.

- Positive factor: High-grade intercept \(5.00 g/t Au\) near the project average \(5.937 g/t Au\) and at the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: Good intercept length \(7m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 7m @ 5.00g/t Au from 72m incl. 2m @ 10.38g/t Au from 73m in CKRD019

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKRD019

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-39)

Garden Gully · gold

#### Identity

- Hole ID: CKRD019
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 10.38
- Grade Unit: g/t
- Intercept: 2 m
- From: 73 m
- To: 75 m
- Intercept Depth: 72 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKRD019:73-75
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms significant gold mineralization within the broader intercept at Cloudkicker, enhancing the project's overall potential.

- Positive factor: High-grade intercept \(10.38 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(20.76 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 2m @ 10.38g/t Au from 73m in CKRD019

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKGC018

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-40)

Garden Gully · gold

#### Identity

- Hole ID: CKGC018
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 4.13
- Grade Unit: g/t
- Intercept: 8 m
- From: 0 m
- To: 8 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKGC018:0-8
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This shallow, moderate-grade intercept at Cloudkicker is a positive result, indicating gold mineralization near surface and supporting open-pit potential.

- Positive factor: Moderate-grade intercept \(4.13 g/t Au\) near the project average \(5.937 g/t Au\).

- Positive factor: Shallow depth \(from 0m\) is favorable for open-pit mining.

- Positive factor: Good intercept length \(8m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 8m @ 4.13g/t Au from 0m in CKGC018

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKGC045

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-41)

Garden Gully · gold

#### Identity

- Hole ID: CKGC045
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 7.76
- Grade Unit: g/t
- Intercept: 4 m
- From: 58 m
- To: 62 m
- Intercept Depth: 58 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKGC045:58-62
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade intercept at Cloudkicker is a strong positive, indicating significant gold mineralization and supporting the project's overall potential.

- Positive factor: High-grade intercept \(7.76 g/t Au\) above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: Good intercept length \(4m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 4m @ 7.76g/t Au from 58m incl. 1m @ 22.90g/t Au from 60m in CKGC045

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CKGC045

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-42)

Garden Gully · gold

#### Identity

- Hole ID: CKGC045
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 22.9
- Grade Unit: g/t
- Intercept: 1 m
- From: 60 m
- To: 61 m
- Intercept Depth: 58 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: CKGC045:60-61
- Mining Method: open\_pit

#### Location

- Location: Cloudkicker
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval confirms very high-grade mineralization within the broader intercept at Cloudkicker, enhancing the project's overall potential.

- Positive factor: Bonanza intercept \(22.90 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(22.9 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m @ 22.90g/t Au from 60m in CKGC045

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NGGSRC1386

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-43)

Garden Gully · gold

#### Identity

- Hole ID: NGGSRC1386
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 24.36
- Grade Unit: g/t
- Intercept: 2 m
- From: 46 m
- To: 48 m
- Intercept Depth: 46 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: NGGSRC1386:46-48
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade intercept at Lydia Main is an excellent result, indicating very high-grade gold mineralization and supporting open-pit opportunities.

- Positive factor: Bonanza intercept \(24.36 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(48.72 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 2m at 24.36g/t Au from 46m in NGGSRC1386 including 1m at 47.20g/t Au from 46m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NGGSRC1386

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-44)

Garden Gully · gold

#### Identity

- Hole ID: NGGSRC1386
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 47.2
- Grade Unit: g/t
- Intercept: 1 m
- From: 46 m
- To: 47 m
- Intercept Depth: 46 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: NGGSRC1386:46-47
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval confirms exceptional gold mineralization at Lydia Main, matching the project's previous best grade and indicating strong potential for open-pit development.

- Positive factor: Bonanza intercept \(47.20 g/t Au\) significantly above the project's best grade \(47.2 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(47.2 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m at 47.20g/t Au from 46m in NGGSRC1386

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NGGSRC1362

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-45)

Garden Gully · gold

#### Identity

- Hole ID: NGGSRC1362
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 14.53
- Grade Unit: g/t
- Intercept: 3 m
- From: 26 m
- To: 29 m
- Intercept Depth: 26 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: NGGSRC1362:26-29
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade intercept at Lydia Main is an excellent result, indicating very high-grade gold mineralization and supporting open-pit opportunities.

- Positive factor: Bonanza intercept \(14.53 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(43.59 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 3m at 14.53g/t Au from 26m in NGGSRC1362 including 1m at 37.40g/t Au from 27m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NGGSRC1362

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-46)

Garden Gully · gold

#### Identity

- Hole ID: NGGSRC1362
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 37.4
- Grade Unit: g/t
- Intercept: 1 m
- From: 27 m
- To: 28 m
- Intercept Depth: 26 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: NGGSRC1362:27-28
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval confirms very high-grade mineralization at Lydia Main, enhancing the project's overall potential for open-pit development.

- Positive factor: Bonanza intercept \(37.40 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(37.4 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m at 37.40g/t Au from 27m in NGGSRC1362

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NGGRC1242

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-47)

Garden Gully · gold

#### Identity

- Hole ID: NGGRC1242
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 12.1
- Grade Unit: g/t
- Intercept: 1 m
- From: 42 m
- To: 43 m
- Intercept Depth: 42 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: NGGRC1242:42-43
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade intercept at Lydia Main is a strong positive, indicating significant gold mineralization and supporting open-pit opportunities.

- Positive factor: High-grade intercept \(12.10 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(12.1 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m at 12.10g/t Au from 42m in NGGRC1242

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LYRC003

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-48)

Garden Gully · gold

#### Identity

- Hole ID: LYRC003
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 8.39
- Grade Unit: g/t
- Intercept: 4 m
- From: 103 m
- To: 107 m
- Intercept Depth: 103 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: LYRC003:103-107
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade intercept at Lydia Main is a strong positive, indicating significant gold mineralization and supporting open-pit opportunities.

- Positive factor: High-grade intercept \(8.39 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: Good intercept length \(4m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 4m at 8.39g/t Au from 103m in LYRC003 including 1m at 20.80g/t Au from 103m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LYRC003

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-49)

Garden Gully · gold

#### Identity

- Hole ID: LYRC003
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 20.8
- Grade Unit: g/t
- Intercept: 1 m
- From: 103 m
- To: 104 m
- Intercept Depth: 103 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: LYRC003:103-104
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval confirms very high-grade mineralization at Lydia Main, enhancing the project's overall potential for open-pit development.

- Positive factor: Bonanza intercept \(20.80 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(20.8 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m at 20.80g/t Au from 103m in LYRC003

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NGGRC1232

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-50)

Garden Gully · gold

#### Identity

- Hole ID: NGGRC1232
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 7.5
- Grade Unit: g/t
- Intercept: 2 m
- From: 137 m
- To: 139 m
- Intercept Depth: 137 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: NGGRC1232:137-139
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade intercept at Lydia Main is a strong positive, indicating significant gold mineralization and supporting open-pit opportunities.

- Positive factor: High-grade intercept \(7.50 g/t Au\) above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: Good intercept length \(2m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 2m at 7.50g/t Au from 137m in NGGRC1232 including 1m at 14.00g/t Au from 137m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NGGRC1232

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-51)

Garden Gully · gold

#### Identity

- Hole ID: NGGRC1232
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 14
- Grade Unit: g/t
- Intercept: 1 m
- From: 137 m
- To: 138 m
- Intercept Depth: 137 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: NGGRC1232:137-138
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval confirms very high-grade mineralization at Lydia Main, enhancing the project's overall potential for open-pit development.

- Positive factor: Bonanza intercept \(14.00 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(14.0 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m at 14.00g/t Au from 137m in NGGRC1232

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LSRC002

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-52)

Garden Gully · gold

#### Identity

- Hole ID: LSRC002
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 5.41
- Grade Unit: g/t
- Intercept: 5 m
- From: 26 m
- To: 31 m
- Intercept Depth: 26 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: LSRC002:26-31
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade intercept at Lydia Main is a positive result, indicating consistent gold mineralization and supporting open-pit opportunities.

- Positive factor: High-grade intercept \(5.41 g/t Au\) near the project average \(5.937 g/t Au\) and above the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: Good intercept length \(5m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 5m at 5.41g/t Au from 26m in LSRC002 including 1m at 14.00g/t Au from 27m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LSRC002

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-53)

Garden Gully · gold

#### Identity

- Hole ID: LSRC002
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 14
- Grade Unit: g/t
- Intercept: 1 m
- From: 27 m
- To: 28 m
- Intercept Depth: 26 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: LSRC002:27-28
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval confirms very high-grade mineralization at Lydia Main, enhancing the project's overall potential for open-pit development.

- Positive factor: Bonanza intercept \(14.00 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(14.0 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m at 14.00g/t Au from 27m in LSRC002

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LYRC005

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-54)

Garden Gully · gold

#### Identity

- Hole ID: LYRC005
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 5.19
- Grade Unit: g/t
- Intercept: 5 m
- From: 62 m
- To: 67 m
- Intercept Depth: 62 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: LYRC005:62-67
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade intercept at Lydia Main is a positive result, indicating consistent gold mineralization and supporting open-pit opportunities.

- Positive factor: High-grade intercept \(5.19 g/t Au\) near the project average \(5.937 g/t Au\) and above the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: Good intercept length \(5m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 5m at 5.19g/t Au from 62m in LYRC005 including 1m at 19.40g/t Au from 63m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LYRC005

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-55)

Garden Gully · gold

#### Identity

- Hole ID: LYRC005
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 19.4
- Grade Unit: g/t
- Intercept: 1 m
- From: 63 m
- To: 64 m
- Intercept Depth: 62 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: LYRC005:63-64
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval confirms very high-grade mineralization at Lydia Main, enhancing the project's overall potential for open-pit development.

- Positive factor: Bonanza intercept \(19.40 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(19.4 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m at 19.40g/t Au from 63m in LYRC005

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NGGRC1236

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-56)

Garden Gully · gold

#### Identity

- Hole ID: NGGRC1236
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 4.1
- Grade Unit: g/t
- Intercept: 5 m
- From: 51 m
- To: 56 m
- Intercept Depth: 51 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: NGGRC1236:51-56
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This moderate-grade intercept at Lydia Main is a positive result, indicating consistent gold mineralization and supporting open-pit opportunities.

- Positive factor: Moderate-grade intercept \(4.10 g/t Au\) near the project average \(5.937 g/t Au\).

- Positive factor: Good intercept length \(5m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 5m at 4.10g/t Au from 51m in NGGRC1236 including 1m at 10.20g/t Au from 52m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NGGRC1236

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-57)

Garden Gully · gold

#### Identity

- Hole ID: NGGRC1236
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 10.2
- Grade Unit: g/t
- Intercept: 1 m
- From: 52 m
- To: 53 m
- Intercept Depth: 51 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: NGGRC1236:52-53
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms significant gold mineralization within the broader intercept at Lydia Main, enhancing the project's overall potential for open-pit development.

- Positive factor: High-grade intercept \(10.20 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(10.2 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m at 10.20g/t Au from 52m in NGGRC1236

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NGGSRC1385

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-58)

Garden Gully · gold

#### Identity

- Hole ID: NGGSRC1385
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 4.91
- Grade Unit: g/t
- Intercept: 2 m
- From: 20 m
- To: 22 m
- Intercept Depth: 20 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: NGGSRC1385:20-22
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This moderate-grade intercept at Lydia Main is a positive result, indicating consistent gold mineralization and supporting open-pit opportunities.

- Positive factor: Moderate-grade intercept \(4.91 g/t Au\) near the project average \(5.937 g/t Au\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 2m at 4.91g/t Au from 20m in NGGSRC1385

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NGGRC1249

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-59)

Garden Gully · gold

#### Identity

- Hole ID: NGGRC1249
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 4.53
- Grade Unit: g/t
- Intercept: 4 m
- From: 40 m
- To: 44 m
- Intercept Depth: 40 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: NGGRC1249:40-44
- Mining Method: open\_pit

#### Location

- Location: Lydia Main
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This moderate-grade intercept at Lydia Main is a positive result, indicating consistent gold mineralization and supporting open-pit opportunities.

- Positive factor: Moderate-grade intercept \(4.53 g/t Au\) near the project average \(5.937 g/t Au\).

- Positive factor: Good intercept length \(4m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 4m at 4.53g/t Au from 40m in NGGRC1249

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APSRC118

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-60)

Garden Gully · gold

#### Identity

- Hole ID: APSRC118
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 2.51
- Grade Unit: g/t
- Intercept: 20 m
- From: 50 m
- To: 70 m
- Intercept Depth: 50 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APSRC118:50-70
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This moderate-grade, good-width intercept at Airstrip East is a positive result, indicating significant gold mineralization and contributing to the interpreted strike extension.

- Positive factor: Good intercept length \(20m\) indicating significant mineralization width.

- Positive factor: Moderate-grade \(2.51 g/t Au\) for an exploration target.

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 20m @ 2.51 g/t Au from 50m including 2m @ 9.83 g/t Au from 53m in APSRC118

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APSRC118

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-61)

Garden Gully · gold

#### Identity

- Hole ID: APSRC118
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 9.83
- Grade Unit: g/t
- Intercept: 2 m
- From: 53 m
- To: 55 m
- Intercept Depth: 50 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APSRC118:53-55
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms significant gold mineralization within the broader intercept at Airstrip East, enhancing the project's overall potential.

- Positive factor: High-grade intercept \(9.83 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(19.66 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 2m @ 9.83 g/t Au from 53m in APSRC118

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APRC006

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-62)

Garden Gully · gold

#### Identity

- Hole ID: APRC006
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 3.03
- Grade Unit: g/t
- Intercept: 13 m
- From: 46 m
- To: 59 m
- Intercept Depth: 46 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APRC006:46-59
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This moderate-grade, good-width intercept at Airstrip East is a positive result, indicating significant gold mineralization and contributing to the interpreted strike extension.

- Positive factor: Good intercept length \(13m\) indicating significant mineralization width.

- Positive factor: Moderate-grade \(3.03 g/t Au\) for an exploration target.

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 13m @ 3.03 g/t Au from 46m including 1m @ 22.1 g/t Au from 50m, and 10m @ 1.74 g/t Au from 27m in APRC006

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APRC006

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-63)

Garden Gully · gold

#### Identity

- Hole ID: APRC006
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 22.1
- Grade Unit: g/t
- Intercept: 1 m
- From: 50 m
- To: 51 m
- Intercept Depth: 46 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APRC006:50-51
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval confirms very high-grade mineralization within the broader intercept at Airstrip East, enhancing the project's overall potential.

- Positive factor: Bonanza intercept \(22.10 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(22.1 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m @ 22.1 g/t Au from 50m in APRC006

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APRC006

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-64)

Garden Gully · gold

#### Identity

- Hole ID: APRC006
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 1.74
- Grade Unit: g/t
- Intercept: 10 m
- From: 27 m
- To: 37 m
- Intercept Depth: 27 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APRC006:27-37
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This moderate-grade, good-width intercept at Airstrip East is a positive result, indicating significant gold mineralization and contributing to the interpreted strike extension.

- Positive factor: Good intercept length \(10m\) indicating significant mineralization width.

- Positive factor: Moderate-grade \(1.74 g/t Au\) for an exploration target.

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 10m @ 1.74 g/t Au from 27m in APRC006

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APSRC070

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-65)

Garden Gully · gold

#### Identity

- Hole ID: APSRC070
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 7.4
- Grade Unit: g/t
- Intercept: 4 m
- From: 50 m
- To: 54 m
- Intercept Depth: 50 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APSRC070:50-54
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade intercept at Airstrip East is a strong positive, indicating significant gold mineralization and supporting the interpreted strike extension.

- Positive factor: High-grade intercept \(7.40 g/t Au\) above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: Good intercept length \(4m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 4m @ 7.40 g/t Au from 50m including 3m @ 9.37 g/t Au from 51m in APSRC070

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APSRC070

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-66)

Garden Gully · gold

#### Identity

- Hole ID: APSRC070
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 9.37
- Grade Unit: g/t
- Intercept: 3 m
- From: 51 m
- To: 54 m
- Intercept Depth: 50 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APSRC070:51-54
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms significant gold mineralization within the broader intercept at Airstrip East, enhancing the project's overall potential.

- Positive factor: High-grade intercept \(9.37 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(28.11 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 3m @ 9.37 g/t Au from 51m in APSRC070

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APSRC069

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-67)

Garden Gully · gold

#### Identity

- Hole ID: APSRC069
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 7.9
- Grade Unit: g/t
- Intercept: 3 m
- From: 2 m
- To: 5 m
- Intercept Depth: 2 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APSRC069:2-5
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This shallow, high-grade intercept at Airstrip East is a strong positive, indicating significant gold mineralization near surface and supporting open-pit potential.

- Positive factor: High-grade intercept \(7.90 g/t Au\) above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: Shallow depth \(from 2m\) is favorable for open-pit mining.

- Positive factor: Good intercept length \(3m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 3m @ 7.90 g/t Au from 2m including 1m @ 21.9 g/t Au from 4m in APSRC069

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APSRC069

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-68)

Garden Gully · gold

#### Identity

- Hole ID: APSRC069
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 21.9
- Grade Unit: g/t
- Intercept: 1 m
- From: 4 m
- To: 5 m
- Intercept Depth: 2 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APSRC069:4-5
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval at shallow depth confirms very high-grade mineralization near surface at Airstrip East, enhancing open-pit potential.

- Positive factor: Bonanza intercept \(21.90 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: Shallow depth \(from 4m\) is highly favorable for open-pit mining.

- Positive factor: High grade-width product \(21.9 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m @ 21.9 g/t Au from 4m in APSRC069

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APSRC117

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-69)

Garden Gully · gold

#### Identity

- Hole ID: APSRC117
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 2.24
- Grade Unit: g/t
- Intercept: 8 m
- From: 6 m
- To: 14 m
- Intercept Depth: 6 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APSRC117:6-14
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This shallow, moderate-grade intercept at Airstrip East is a positive result, indicating gold mineralization near surface and contributing to the interpreted strike extension.

- Positive factor: Moderate-grade intercept \(2.24 g/t Au\) for an exploration target.

- Positive factor: Shallow depth \(from 6m\) is favorable for open-pit mining.

- Positive factor: Good intercept length \(8m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 8m @ 2.24 g/t Au from 6m including 1m @ 9.42 g/t Au from 13m in APSRC117

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APSRC117

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-70)

Garden Gully · gold

#### Identity

- Hole ID: APSRC117
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 9.42
- Grade Unit: g/t
- Intercept: 1 m
- From: 13 m
- To: 14 m
- Intercept Depth: 6 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APSRC117:13-14
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms significant gold mineralization within the broader intercept at Airstrip East, enhancing the project's overall potential.

- Positive factor: High-grade intercept \(9.42 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(9.42 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m @ 9.42 g/t Au from 13m in APSRC117

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APRC021

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-71)

Garden Gully · gold

#### Identity

- Hole ID: APRC021
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 1.19
- Grade Unit: g/t
- Intercept: 18 m
- From: 26 m
- To: 44 m
- Intercept Depth: 26 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APRC021:26-44
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This moderate-grade, good-width intercept at Airstrip East is a positive result, indicating significant gold mineralization and contributing to the interpreted strike extension.

- Positive factor: Good intercept length \(18m\) indicating significant mineralization width.

- Positive factor: Moderate-grade \(1.19 g/t Au\) for an exploration target.

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 18m @ 1.19 g/t Au from 26m and 2m @ 3.73 g/t Au from 55m in APRC021

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APRC021

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-72)

Garden Gully · gold

#### Identity

- Hole ID: APRC021
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 3.73
- Grade Unit: g/t
- Intercept: 2 m
- From: 55 m
- To: 57 m
- Intercept Depth: 55 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APRC021:55-57
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This moderate-grade intercept at Airstrip East is a positive result, indicating gold mineralization and contributing to the interpreted strike extension.

- Positive factor: Moderate-grade intercept \(3.73 g/t Au\) for an exploration target.

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 2m @ 3.73 g/t Au from 55m in APRC021

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APSRC039

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-73)

Garden Gully · gold

#### Identity

- Hole ID: APSRC039
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 13.2
- Grade Unit: g/t
- Intercept: 1 m
- From: 59 m
- To: 60 m
- Intercept Depth: 59 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APSRC039:59-60
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade intercept at Airstrip East is a strong positive, indicating significant gold mineralization and contributing to the interpreted strike extension.

- Positive factor: High-grade intercept \(13.20 g/t Au\) significantly above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(13.2 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m @ 13.2 g/t Au from 59m to end of hole in APSRC039

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APSRC113

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-74)

Garden Gully · gold

#### Identity

- Hole ID: APSRC113
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 1.4
- Grade Unit: g/t
- Intercept: 8 m
- From: 48 m
- To: 56 m
- Intercept Depth: 48 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APSRC113:48-56
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This moderate-grade, good-width intercept at Airstrip East contributes to the interpreted south-west extension of mineralization, indicating further growth potential.

- Positive factor: Good intercept length \(8m\) indicating significant mineralization width.

- Positive factor: Moderate-grade \(1.40 g/t Au\) for an exploration target.

- Positive factor: Contributes to the south-west extension of mineralization.

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 8m @ 1.40 g/t Au from 48m in APSRC113

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APSRC114

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-75)

Garden Gully · gold

#### Identity

- Hole ID: APSRC114
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 1.01
- Grade Unit: g/t
- Intercept: 12 m
- From: 48 m
- To: 60 m
- Intercept Depth: 48 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APSRC114:48-60
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This moderate-grade, good-width intercept at Airstrip East contributes to the interpreted south-west extension of mineralization, indicating further growth potential.

- Positive factor: Good intercept length \(12m\) indicating significant mineralization width.

- Positive factor: Moderate-grade \(1.01 g/t Au\) for an exploration target.

- Positive factor: Contributes to the south-west extension of mineralization.

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 12m @ 1.01 g/t Au from 48m in APSRC114

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APSRC103

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-76)

Garden Gully · gold

#### Identity

- Hole ID: APSRC103
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 1.21
- Grade Unit: g/t
- Intercept: 8 m
- From: 53 m
- To: 61 m
- Intercept Depth: 53 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APSRC103:53-61
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This moderate-grade, good-width intercept at Airstrip East contributes to the interpreted north-east extension of mineralization, indicating further growth potential.

- Positive factor: Good intercept length \(8m\) indicating significant mineralization width.

- Positive factor: Moderate-grade \(1.21 g/t Au\) for an exploration target.

- Positive factor: Contributes to the north-east extension of mineralization.

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 8m @ 1.21 g/t Au from 53m in APSRC103

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APSRC102

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-77)

Garden Gully · gold

#### Identity

- Hole ID: APSRC102
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 2.69
- Grade Unit: g/t
- Intercept: 3 m
- From: 32 m
- To: 35 m
- Intercept Depth: 32 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APSRC102:32-35
- Mining Method: unknown

#### Location

- Location: Airstrip East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This moderate-grade intercept at Airstrip East contributes to the interpreted north-east extension of mineralization, indicating further growth potential.

- Positive factor: Moderate-grade intercept \(2.69 g/t Au\) for an exploration target.

- Positive factor: Good intercept length \(3m\).

- Positive factor: Contributes to the north-east extension of mineralization.

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 3m @ 2.69 g/t Au from 32m in APSRC102

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APRC014

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-78)

Garden Gully · gold

#### Identity

- Hole ID: APRC014
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 2.64
- Grade Unit: g/t
- Intercept: 3 m
- From: 64 m
- To: 67 m
- Intercept Depth: 64 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APRC014:64-67
- Mining Method: unknown

#### Location

- Location: Airstrip West
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This moderate-grade intercept at Airstrip West is a positive result, indicating gold mineralization and contributing to the overall understanding of the prospect.

- Positive factor: Moderate-grade intercept \(2.64 g/t Au\) for an exploration target.

- Positive factor: Good intercept length \(3m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 3m @ 2.64 g/t Au from 64m including 1m @ 5.47 g/t Au from 65m in APRC014

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### APRC014

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-drill-facts-79)

Garden Gully · gold

#### Identity

- Hole ID: APRC014
- Project: Garden Gully
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: NMG

#### Geometry

- Grade: 5.47
- Grade Unit: g/t
- Intercept: 1 m
- From: 65 m
- To: 66 m
- Intercept Depth: 64 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: APRC014:65-66
- Mining Method: unknown

#### Location

- Location: Airstrip West
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms significant gold mineralization within the broader intercept at Airstrip West, enhancing the project's overall potential.

- Positive factor: High-grade intercept \(5.47 g/t Au\) above the project average \(5.937 g/t Au\) and the orogenic gold exceptional threshold \(5 g/t Au\).

- Positive factor: High grade-width product \(5.47 g/t·m\).

- Negative factor: True width not disclosed, so apparent width may overstate true thickness.

Evidence · text

> 1m @ 5.47 g/t Au from 65m in APRC014

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## Resource Estimates (16)

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-7)

Garden Gully Gold Project · gold

#### 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: Mr Craig Stokes MAusIMM
- Resource group id: resource:dc3e937ba6ca11dee715
- Deposit or zone: Crown Prince OP
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 263000
- Grade: 3.8
- Grade Unit: g/t
- Contained Metal: 38900
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-23
- Prior Tonnes: 263000
- Prior Grade: 3.5
- Prior Contained Metal: 29400

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The Measured resource for Crown Prince OP shows an increase in grade and contained gold, indicating improved confidence and value for this high-confidence category.

- Positive factor: Grade improvement \(3.5 g/t to 3.8 g/t\) for Measured resources.

- Positive factor: Contained metal growth \(29,400 oz to 38,900 oz\) for Measured resources.

Evidence · table

> 263,000

Context: Crown Prince OP Measured

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 3.8 against 3.5 previously

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 38900 against 29400 previously

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-8)

Garden Gully Gold Project · gold

#### 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: Mr Craig Stokes MAusIMM
- Resource group id: resource:b46d1088cb70ff9d9bd6
- Deposit or zone: Crown Prince OP
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 360000
- Grade: 3.1
- Grade Unit: g/t
- Contained Metal: 38700
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-23
- Prior Tonnes: 360000
- Prior Grade: 3.3
- Prior Contained Metal: 37900

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The Indicated resource for Crown Prince OP shows a slight decrease in grade but a small increase in contained gold, indicating a minor shift in the resource characteristics.

- Positive factor: Contained metal growth \(37,900 oz to 38,700 oz\) for Indicated resources.

- Negative factor: Grade decline \(3.3 g/t to 3.1 g/t\) for Indicated resources.

Evidence · table

> 360,000

Context: Crown Prince OP Indicated

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**Grade Decline**

Polarity: negative

Definition: Average grade dropped &gt;5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 3.1 against 3.3 previously

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-9)

Garden Gully Gold Project · gold

#### 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: Mr Craig Stokes MAusIMM
- Resource group id: resource:232ee901037e8766cdc0
- Deposit or zone: Crown Prince OP
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 14000
- Grade: 0.9
- Grade Unit: g/t
- Contained Metal: 400
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-23
- Prior Tonnes: 14000
- Prior Grade: 0.8
- Prior Contained Metal: 400

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The Inferred resource for Crown Prince OP shows a minor grade improvement, but its small size limits its overall impact.

- Positive factor: Grade improvement \(0.8 g/t to 0.9 g/t\) for Inferred resources.

Evidence · table

> 14,000

Context: Crown Prince OP Inferred

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 0.9 against 0.8 previously

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-10)

Garden Gully Gold Project · gold

#### 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: Mr Craig Stokes MAusIMM
- 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: 2026-09-23
- Prior Tonnes: 190000
- Prior Grade: 0.8
- Prior Contained Metal: 4800

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The stockpiles resource remains consistent with prior estimates, providing a stable, low-grade inventory.

Evidence · table

> 190,000

Context: Stockpiles

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-11)

Garden Gully Gold Project · gold

#### 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: Mr Craig Stokes MAusIMM
- 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: 2026-09-23
- Prior Tonnes: 12000
- Prior Grade: 3.3
- Prior Contained Metal: 1300

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The Measured resource for Crown Prince UG remains consistent, providing a small, high-grade component for potential underground development.

Evidence · table

> 12,000

Context: Crown Prince UG Measured

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-12)

Garden Gully Gold Project · gold

#### 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: Mr Craig Stokes MAusIMM
- 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: 2026-09-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A substantial Indicated resource for Crown Prince UG provides a strong basis for evaluating underground mining potential, with good grade and contained metal.

- Positive factor: Significant Indicated resource for underground potential, supporting future studies.

Evidence · table

> 1,081,000

Context: Crown Prince UG Indicated

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-13)

Garden Gully Gold Project · gold

#### 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: Mr Craig Stokes MAusIMM
- 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: 2026-09-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The Inferred resource for Crown Prince UG, while adding to the overall potential, has lower confidence and requires additional work to be upgraded.

- Negative factor: Inferred category indicates lower geological confidence, requiring further drilling for upgrade.

Evidence · table

> 361,000

Context: Crown Prince UG Inferred

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-14)

Garden Gully Gold Project · gold

#### 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: Mr Craig Stokes MAusIMM
- 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: 2026-09-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The maiden Indicated resource for Cloudkicker provides a solid foundation for the new open pit operation, adding significant ounces to the project.

- Positive factor: Maiden Indicated resource for Cloudkicker, establishing a new source of gold.

- Positive factor: Supports the newly commenced open pit operation at Cloudkicker.

Evidence · table

> 341,000

Context: Cloudkicker Indicated

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-15)

Garden Gully Gold Project · gold

#### 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: Mr Craig Stokes MAusIMM
- 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: 2026-09-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The Inferred resource for Cloudkicker adds to the overall potential but requires further work to improve confidence and support future mine planning.

- Negative factor: Inferred category indicates lower geological confidence, requiring further drilling for upgrade.

Evidence · table

> 159,000

Context: Cloudkicker Inferred

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-16)

Garden Gully Gold Project · gold

#### 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: Mr Craig Stokes MAusIMM
- 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: 2026-09-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The maiden Measured resource at Lydia, though small, boasts an exceptionally high grade, highlighting a valuable, well-defined zone for potential open-pit development.

- Positive factor: Maiden Measured resource for Lydia, indicating high confidence in a small, very high-grade zone.

Evidence · table

> 2,000

Context: Lydia Measured

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-17)

Garden Gully Gold Project · gold

#### 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: Mr Craig Stokes MAusIMM
- 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: 2026-09-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The maiden Indicated resource at Lydia contributes to the project's overall gold inventory, supporting future open-pit development opportunities.

- Positive factor: Maiden Indicated resource for Lydia, adding to the project's overall resource base.

Evidence · table

> 474,000

Context: Lydia Indicated

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-18)

Garden Gully Gold Project · gold

#### 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: Mr Craig Stokes MAusIMM
- 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: 2026-09-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The Inferred resource at Lydia adds to the overall potential but requires additional work to increase confidence for mine planning.

- Negative factor: Inferred category indicates lower geological confidence, requiring further drilling for upgrade.

Evidence · table

> 486,000

Context: Lydia Inferred

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-19)

Garden Gully Gold Project · gold

#### 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: Mr Lynn Widenbar FAusIMM
- 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: 2026-09-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The maiden resource for Abbotts is entirely in the Inferred category, representing early-stage potential that needs substantial additional work to establish geological confidence.

- Negative factor: The entire resource is in the Inferred category, indicating very low geological confidence.

- Negative factor: Requires significant further drilling to upgrade confidence for economic studies.

Evidence · table

> 789,000

Context: Abbotts Inferred

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-20)

Garden Gully Gold Project · gold

#### 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: Mr 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: ounces au
- Cutoff Grade: 0.7
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The Probable Reserve for Crown Prince OP confirms a significant economically viable portion of the resource, supporting ongoing open-pit operations.

- Positive factor: Probable Reserve for Crown Prince OP provides a robust basis for mine planning and operations.

Evidence · table

> 640,000

Context: Crown Prince OP Probable

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-21)

Garden Gully Gold Project · gold

#### 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: Mr 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: ounces au
- Cutoff Grade: 0.7
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The maiden Probable Reserve for Cloudkicker OP provides economic confidence for the new open pit, adding to the project's production profile.

- Positive factor: Maiden Probable Reserve for Cloudkicker OP, supporting the newly commenced open pit operation.

Evidence · table

> 310,000

Context: Cloudkicker OP Probable

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/nmg-quarterly-activities-and-appendix-5b-cash-flow-report--6b4926bf-f1df-4df8-a40c-a9a39302fd74#fact-resource-facts-22)

Garden Gully Gold Project · gold

#### 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: Mr 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: ounces au
- Cutoff Grade: 0.7
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The Proved Reserve for Crown Prince stockpiles ensures a reliable, albeit low-grade, feed source for future processing.

- Positive factor: Proved Reserve for stockpiles provides a high-confidence, readily available source of low-grade ore.

Evidence · table

> 190,000

Context: Crown Prince stockpiles Proved

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

## 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.
