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NMG Unveils $226M Crown Prince Gold Project with Minimal Capex
5:48pm on Sunday 1st of June, 2025 AEST
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Mining
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NMG Unveils $226M Crown Prince Gold Project with Minimal Capex
5:48pm on Sunday 1st of June, 2025 AEST
Key Points
Feasibility Study forecasts $226 million pre-tax cash flow over 30 months
Capital expenditure to commence production is only $5.4 million
Ore Reserve estimate of 0.89 million tonnes at 4.8 g/t gold, containing 140,000 ounces
Mining to start June 2025 with first ore sales in August 2025
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