ASX:NMGMetals and Mining
Does New Murchison Gold’s (ASX:NMG) Lydia Fast‑Track Plan Redefine Its Near‑Mine Growth Strategy?
New Murchison Gold recently reported high‑grade drilling results from the Lydia prospect in Western Australia, extending known gold mineralisation along strike and at depth and supporting work towards a JORC-compliant resource and refined pit designs.
By planning to fast-track Lydia using existing Crown Prince infrastructure and aiming to include it in its resource and reserve base, the company is signalling an effort to build a more robust near-mine production pipeline.
We’ll now examine...