Ann: High-Grade Gold Intercepts within Caprock Drilling, page-2

High-grade gold results returned from grade control holes targeting the shallow caprock over the proposed
open cut at the Crown Prince ore body.
• Most of the high-grade gold assays are displayed along the centre of the South-Eastern Zone and
above the Northern Zone of the Crown Prince ore body.
• Increases to the grade and thickness of the caprock resource are expected to result from the
incorporation of these results into a new Crown Prince grade control model ahead of mining.
• Better intersections include:
o 9m @ 18.71g/t Au from 1m in GC00088
o 6m @ 9.44g/t Au from 3m in GC00087
o 8m @ 9.99g/t Au from 0m in GC00111
o 8m @ 4.45g/t Au from 0m in GC00196
o 4m @ 4.07g/t Au from 0m in GG00194
o 5m @ 3.44g/t Au from 0m in GC00114
o 1m @ 17.68g/t Au from 7m in GC00153
_________________________________________________________________________________________
New Murchison Gold Limited (ASX:NMG) (“NMG” or the “Company”) is pleased to announce high-grade
gold intercepts from shallow slim reverse circulation (SRC) grade control drilling over the caprock zone at
the Crown Prince Gold Project (“Crown Prince”) (M51/886) at the Company’s flagship Garden Gully Gold
Project near Meekatharra, Western Australia.
NMG has completed 212 short vertical grade control drill holes to test and better delineate grade within
the lateritic caprock above the Crown Prince ore bodies. The caprock resource contains 40,873t @ 1.41g/t
Au for 1,858 oz within the Ore Reserve of the Crown Prince Gold Deposit (refer ASX release dated 3
February 2025).
The results returned in grade control indicate that the mineable material in the caprock zone is likely to
outperform earlier expectations.
The drilling was designed over the Crown Prince pit design area to a maximum depth of 14m. All hole details
are included in Table 1 and their distribution over the current pit design is shown in Figure 2.
The highest gold grade in the caprock grade control was returned from over the South-Eastern Zone from
GC00087-88 and GC00111 and GC00153.