Name of the Project
Crown Prince gold project.

Location
Ngoonooru Wajarri Area, Western Australia.

Project Owner/s
Mineral exploration and development company New Murchison Gold.

Project Description
The Crown Prince deposit is part of New Murchison’s Garden Gully project. 

The project covers openpit mining activities; the construction of a waste-rock landform; the establishment of topsoil and low-grade ore stockpiles; the construction and operation of a run-of-mine pad; the operation of a crushing and sampling station; and mining support infrastructure, including access roads, laydown areas, a workshop, an explosives magazine, an office complex, a water storage dam, groundwater abstraction bores, pipelines and interconnecting roads.

An estimated 140 000 oz of contained ounces of gold is proposed to be mined and trucked to Westgold Resources over the mine’s 30-month mine life. New Murchison’s production plan is based on ore reserves only. 

It plans to assess Crown Prince’s underground potential and other deposits, including Lydia and New Murchison King, as these were not considered in the feasibility study.

All ore is planned to be transported off site for processing, after initial crushing and sampling on site. 

No processing will occur at the project and no tailings will be produced.

The project has a mine life of 30 months.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
The project is estimated to have a net present value of $63-million and an internal rate of return of 207% using the ore reserve assumptions.

Capital Expenditure
Capital required to start production is about $5.4-million.

Planned Start/End Date
The start of mining is expected in June 2025, with first ore sales scheduled in August 2025.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
Cube Consulting (geology and mineral resource estimation); Chesher Mine Consulting (openpit ore reserve estimation and infrastructure); Independent Metallurgical Operations (metallurgy and testwork); MineGeoTech (geotechnical and mine planning); Mine Survey Plus (survey control); Rockwater (hydrology and hydrogeology); and MBS Environmental (environmental baseline studies and project permitting and waste rock characterisation).

Contact Details for Project Information
New Murchison Gold, tel +61 8 9389 6927 or email info@newmurchgold.com.au.