Latest Charters Towers News

Native Mineral Resources (ASX:NMR) has secured exclusive rights to explore and potentially mine four tenements near its Blackjack operation through a joint venture with Citigold (ASX:CTO). The staged agreement allows NMR to assess mineralisation before deciding on mining, with cost recovery and profit sharing structured to align both parties.

Native Mineral Resources (ASX:NMR) hit a new monthly gold production record of 1,080.5oz in August 2026 at its Blackjack operation, driven by a 50% rise in milling throughput and a 27% increase in head grade.

Citigold Corporation Limited has responded to ASX queries, defending its view that alleged breaches of its Forbearance Deed and a shareholder lawsuit are not material. The company also clarified details around a $4.5 million subscription agreement and operational conditions at its Charters Towers project.

Native Mineral Resources is on track to surpass 1,000 ounces of gold production in a single month for the first time at its Blackjack operation, backed by a strong August smelting run and advancing multi-pit development.

Native Mineral Resources (ASX:NMR) delivered a record 861.3oz doré smelt on 11 August 2026, marking a 46% rise from early August and pushing total production past 1,450oz in two weeks. Mining milestones at Blackjack South Pit and advancing development at multiple sites underpin the company’s growing momentum.

Citigold Corporation has outlined a $4.5 million share placement aimed at repaying a $2 million secured loan and shoring up its working capital, pending receipt of funds.

Native Mineral Resources (ASX:NMR) posted its strongest monthly gold production since recommissioning Blackjack, with 763.8 ounces of fine gold in June 2026 and a shift to weekly smelting to support growing volumes.

Native Mineral Resources (ASX:NMR) has cleared a key regulatory hurdle by submitting a Progressive Rehabilitation and Closure Plan for its Far Fanning Gold Project, while maintaining steady gold production at its Blackjack Gold Mine.

Native Mineral Resources is on track to deliver its highest monthly gold output since recommissioning, targeting over 800 ounces in June 2026 at the Blackjack Gold Project.

Native Mineral Resources Holdings Limited produced nearly 398 ounces of gold doré in its latest Blackjack smelt, with mining and processing activities progressing on schedule and larger campaigns expected next month.

Native Mineral Resources (ASX:NMR) reported its strongest operational performance since restarting Blackjack, with a June gold smelt producing 488.5 oz doré and May metallurgical metrics showing record gold recovery over 95%. Multiple mining fronts and ongoing exploration position NMR for growth in FY2027.

Native Mineral Resources (ASX:NMR) recorded its strongest monthly processing since recommissioning in April 2026, with 24,101 dry tonnes milled and a 20% rise in gold recovered. The transition to higher-grade feed from Blackjack Mid Pit and Podosky is set to underpin production gains through FY2027.