High-Grade Gold, Rising Prices & Imminent Production – NMG Poised for a Profit Boom"

With a AUD$75.00 per oz increase overnight, that’s an extra $8.25 million added to NMG’s net profit. We’re now only months away from cash starting to roll in the door from selling high-grade 4.5g/t ore to WGX. What’ll be really interesting is seeing where the grades land, especially given the recent announcement and the expectations set out in the February Feasibility Study. Alex Passmore has already flagged that grades could end up even higher once being passed by the crusher middle of this month and Crown Prince Ore being picked up by WGX in September for production begins through the Blue Bill Mill in a matter of months.