New Murchison Gold Posts Updated Mineral Resources, Ore Reserves

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New Murchison Gold (ASX:NMG) posted updated mineral resources of 4.5 million tonnes at 2.4 grams per tonne (g/t) grade of gold for 353,700 ounces of contained gold, according to a Wednesday filing with the Australian bourse.

Total ore reserves stood at 1.1 million tonnes at 2.5 g/t grade of gold for 90,800 ounces, the filing said.

The company reported mineral resources of 2.2 million tonnes at 3.8 g/t grade of gold for 276,900 ounces of gold and ore reserves of 920,000 tonnes at 4.6 g/t grade of gold for 135,600 ounces last year, according to an earlier filing.

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