New Murchison Gold Limited (ASX: NMG) | High-grade Gold Intersects at Cloudkicker Deposit
Episode: High-Grade Gold Intercepts at Cloudkicker Deposit, New Murchison Gold Limited (ASX: NMG)
New Murchison Gold Limited (ASX: NMG) has reported high-grade gold assay results from recent grade control and resource definition drilling at the Cloudkicker Deposit within the Garden Gully Gold Project.
This episode covers the key results from the drilling programs, the updated geological information generated from the assays, and the company’s stated next steps for Cloudkicker.
Key facts covered in this episode:
Total drilling completed across two programs:
166 holes completed.
8,172 metres drilled, combining grade control and resource definition drilling.
Standout assay results include:
1 metre at 54.80 grams per tonne gold from 58 metres in CKGC062.
10 metres at 13.61 grams per tonne gold from 44 metres, including 3 metres at 32.17 grams per tonne gold in CKGC020.
Multiple additional significant gold intersections reported across the Cloudkicker drilling programs.
The company stated that drilling has increased confidence in Domain 4001, which NMG identifies as the most significant ore zone at Cloudkicker due to its highest grade and largest volume.
Mining has commenced at Cloudkicker under the approved M51/886 mining proposal for the Crown Prince Operation.
NMG states Cloudkicker is expected to add approximately 20,000 ounces of gold in ore to the company’s production profile over the coming 12 to 18 months.
First caprock ore crushing is expected in September 2026, according to the company.
Next steps include incorporating the latest drill logging and assay results into Cloudkicker modelling, updating the resource estimate, mine design and open pit mining schedule.
This episode is part of the MarketOpen Trading Titan series, focusing on individual ASX company announcements and the key facts investors need to know.
All content is factual, based only on the company announcement dated 14 July 2026, and is presented for information purposes only. Nothing in this episode constitutes financial advice. Listeners should conduct their own research and consider their personal financial circumstances before making any investment decision.