New Murchison Gold Completes First Full Quarter at Western Australia Mine; Shares Hit All-Time High

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New Murchison Gold (ASX:NMG) completed its first full quarter of production at the Crown Prince gold mine in Western Australia, selling 184,746 dry tonnes of crushed ore at a grade of 4 grams per tonne of gold, according to a Wednesday filing with the Australian bourse.

The mine achieved a recovery rate of 95.9%, delivering 22,766 ounces of gold to Westgold Resources' (ASX:WGX) Bluebird processing facility, the filing added.

The company's shares rose around 10% in recent Wednesday trade, reaching an all-time high.

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