Native Mineral Resources Holdings Limited (ASX: NMR), a gold exploration and development company, has provided an update on its gold production and operational activities at its Blackjack Gold Operations near Charters Towers, Queensland. The company reported a strong gold smelt on 10 September 2026, marking continued production momentum.
The latest smelt, completed on 8 September 2026, produced two doré bars (BJM093 and BJM094) with a combined doré weight of 340.9 ounces; official assay results are pending. This follows confirmation from the 1 September 2026 smelt, where two bars yielded 191.99 ounces of gold and 168.05 ounces of silver from a combined 400.9 ounces, achieving a gold assay of 47.89%. These results build on NMR’s record refined gold outturn of 1,080.5 ounces in August 2026.
Operational activities continue at the Blackjack Mid Pit and Podosky mining areas, with approximately 815,000 tonnes of material moved since April and May 2026. At Blackjack Mid Pit, 14 blasts have been completed, moving around 459,000 tonnes, with four more scheduled. Podosky has seen 12 blasts, moving roughly 356,000 tonnes, with a further eight blasts planned for pit development.
In parallel, NMR is progressing its exploration pipeline. Drilling continues at Blackjack North Pit for future mine development. Exploration is also advancing across the Stockholm Tenements under a Joint Venture Agreement with Citigold Corporation Limited (ASX: CTO). This agreement grants NMR an exclusive licence for exploration drilling, supporting the company’s integrated strategy for expanding ore sources for the Blackjack processing plant.
