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New Murchison Gold (NMG) investor relations material

New Murchison Gold Q4 2025 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 TU earnings summary26 Oct, 2025

Executive summary

  • Achieved first gold production at Crown Prince Gold Mine, transitioning from explorer to producer, with 31,047 tonnes of ore at 3.34 g/t Au trucked and 3,231 oz of recoverable gold sold in September 2025.

  • Mining, crushing, and haulage ramped up to a target rate of 40,000 tonnes per month, with site inventories established and operations performing strongly.

  • Completed $12 million placement and $3 million share purchase plan, raising $15 million for pre-mine development.

  • Added to the S&P/ASX All Ordinaries Index, reflecting increased market capitalisation and successful transition to producer.

Financial highlights

  • Cash balance of $19.7 million at quarter end; $15.8 million cash received post-quarter for September gold-in-ore sales.

  • Net cash used in operating activities was $1.2 million for the quarter.

  • Net cash used in investing activities was $7.8 million, mainly for mine properties and exploration.

  • Net cash from financing activities was $14.3 million, primarily from equity raising.

  • Estimated 3.5 quarters of funding available based on current cash and outgoings.

Outlook and guidance

  • Operations expected to maintain production profile as outlined in feasibility study, with ongoing ramp-up and exploration to support future growth.

  • Follow-up drilling programs planned to further define and expand mineralised footprint at Abbotts Belt.

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