New Murchison Gold Limited has announced significant high-grade gold results from drilling at its Lydia Gold Prospect, reinforcing the potential of this site to become a key component of the company’s production pipeline at the Crown Prince Gold Mine in Western Australia. The findings emerge from a recent drilling campaign aimed at expanding and refining the understanding of gold mineralisation within the Lydia shear zone, located approximately 800 metres west of the Crown Prince operation.
The drilling program included 33 reverse circulation (RC) holes totaling 2,920 metres, three diamond holes amounting to 281.5 metres, and five geotechnical holes aimed at assessing the planned pit walls for a proposed open pit design. The results revealed multiple high-grade gold intercepts, with notable findings including:
– 3 metres at 32.9 g/t Au from 46 metres, including 1 metre at 62.4 g/t Au
– 9.1 metres at 10.3 g/t Au from 89 metres, including 1 metre at 24.6 g/t Au
– 8 metres at 9.1 g/t Au from 20 metres, including 4 metres at 16.7 g/t Au
– 21 metres at 3.4 g/t Au from 117 metres, including 1 metre at 8.4 g/t Au
– 12 metres at 5.5 g/t Au from 48 metres, including 4 metres at 14.6 g/t Au
These results have extended the known strike and depth of the main mineralised structure, confirming high-grade gold mineralisation within a shear zone geologically similar to that of the Crown Prince deposit. Lydia is situated on granted mining lease M51/889, which shares the same Native Title and Heritage Agreement that governs the Crown Prince operations. This alignment provides a clear regulatory pathway for potential development.
In addition to the drilling, New Murchison Gold has completed a ground gravity survey over the Lydia South shear, which identified two significant gravity features correlating with shallow high-grade gold intercepts. Initial drilling at the Lydia East prospect has also yielded promising results, with plans for follow-up infill and deeper drilling already underway.
CEO Alex Passmore expressed enthusiasm about the latest results, emphasizing the company’s strategy of enhancing production capabilities near existing infrastructure. “We are very pleased to provide this exploration update, including high-grade results for the Lydia gold prospect,” he stated. Passmore highlighted the advantages of being able to leverage existing facilities such as offices, maintenance areas, a crusher, and a sampling preparation facility, facilitating a quicker transition to production for Lydia.
Looking ahead, the company plans to update mineralisation modelling, integrate the latest results into a JORC-compliant resource model, redesign a conceptual pit outline, and conduct further infill and extension drilling at both the Lydia South and Lydia East prospects.
New Murchison Gold Limited is a mineral exploration and development firm holding significant tenements in the prolific Murchison goldfield near Meekatharra, Western Australia. The company is primarily focused on the Garden Gully Gold Project, which encompasses a 677 km² tenure package covering the Abbotts Greenstone Belt and other key regional structures. This project hosts multiple gold deposits, with the most advanced being the Crown Prince Deposit.
In November 2024, New Murchison Gold updated its Mineral Resource Estimate and subsequently reported a maiden Ore Reserve and Feasibility Study for the Crown Prince Deposit in February 2025. These developments position the company on a promising trajectory toward becoming a gold producer.
