As we ride the current wave of excitement around Crown Prince and the upcoming underground resource update, it’s easy to get caught up in the present - but let’s not forget what’s quietly building in the background.
At around the 2:25 mark of Alex Passmore’s Beaver Creek presentation, he mentions something that really stood out to me: once Crown Prince stabilises with consistent production, NMG plans to bring Lydia, Abbotts - and yes, Crescent - into production. And here's the kicker: all three sit on granted mining leases.
This isn't some vague “sometime in the future” concept it’s a clearly outlined plan, with Lydia positioned to be first cab off the rank, sitting just 1.6km from Crown Prince. That proximity alone suggests things could movefaster than first expected, especially if the ore body extends naturally across that short distance (which, geologically speaking, wouldn't be a stretch at all).
Put that together - Crown Prince, Lydia, Abbotts, and Crescent all producing - and suddenly the picture of 10,000 oz/month of gold production isn’t far-fetched at all. In fact, it could arrive faster than most people expect. The transition from explorer to producer is already underway… but the shift from producer to multi-source operation might be happening right under our noses.
So if you haven’t watched the Beaver Creek presentation yet, now’s a good time. And if you have - maybe watch it again, this time with a pen and a strong coffee. There's more in that 15 minutes than most juniors deliver in six months of announcements.
Big months ahead for NMG - and I get the feeling the market still hasn’t caught on to just how many gold cards this company is holding.
Beaver Creek NMG Presentation
https://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2025/09/11/new-murchison-gold-ltd/play/stream/40976
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- From One Mine to Many - NMG’s Gold Army Is Ready to March (and They’re on Granted Leases!)
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From One Mine to Many - NMG’s Gold Army Is Ready to March (and They’re on Granted Leases!)
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Mkt cap ! $291.3M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.7¢ | $346.6K | 12.46M |
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No. | Vol. | Price($) |
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33 | 5513767 | 2.7¢ |
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Price($) | Vol. | No. |
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2.8¢ | 307868 | 1 |
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No. | Vol. | Price($) |
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33 | 5513767 | 0.027 |
20 | 4207539 | 0.026 |
29 | 5660899 | 0.025 |
17 | 2492248 | 0.024 |
8 | 1613479 | 0.023 |
Price($) | Vol. | No. |
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0.028 | 307868 | 1 |
0.029 | 2311341 | 8 |
0.030 | 4047031 | 8 |
0.031 | 4227334 | 7 |
0.032 | 4730001 | 15 |
Last trade - 16.10pm 18/09/2025 (20 minute delay) ? |
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