Financial Wire

New Murchison Gold Finds High-Grade Gold Mineralization at Western Australia Project

-- New Murchison Gold (ASX:NMG) said it found high-grade gold mineralization during a recent drilling at the Crown Prince East Pit, a satellite deposit at the Crown Prince Gold Mine within its Garden Gully Gold Project in Western Australia, according to a Tuesday Australian bourse filing.

The results were up to 18 meters at 10.3 grams per tonne gold from 54 meters, including 6 meters at 29.3 grams per tonne gold from 65 meters.

The company said the next steps include updating mineralization modeling and incorporating results into a JORC-compliant resource model and redesigning the pit outline, as well as preparing for mining commencement, including sourcing additional mining equipment if necessary.

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Aspial Lifestyle Prices SG$28 Million Worth of Bonds; Shares Up 7%

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