Native Mineral Resources Holdings Limited (ASX:NMR) has disclosed that the Perth Mint confirmed a refined gold outturn of 474.9oz and 330.9oz of refined silver from its first November smelt (BJM114–117), while the Blackjack Processing Plant completed its second November smelt on 10 November 2026, producing a further 711.5oz (22.13kg) of gold doré from BJM118–120, subject to final Perth Mint outturn.
Key Points
- Perth Mint confirmed 474.9oz refined gold and 330.9oz refined silver from BJM114–117 at an average gold assay of 53.81%.
- The 10 November 2026 smelt produced 711.5oz (22.13kg) of gold doré across three bars: BJM118 (236.2oz gravity circuit), BJM119 (300.5oz elution), and BJM120 (174.8oz elution).
- Blackjack's last two confirmed weekly smelts (BJM111–117) returned a combined 994.3oz of refined gold.
- Gross doré production for November 2026 has reached 1,607.4oz from two weekly smelts.
- Cumulative refined gold outturn confirmed by Perth Mint has reached 7,667.6oz, together with 7,980.7oz of refined silver, since production commenced at Blackjack in July 2025.
Perth Mint Outturn for 3 November 2026 Smelt BJM114–117
The Perth Mint returned a refined gold outturn of 474.9oz and refined silver outturn of 330.9oz from an official refinery weight of 882.6oz for the 3 November 2026 smelt, against a gross doré weight of 895.9oz. The gravity bar BJM117 assayed 59.77% gold, while the elution bars BJM114–116 assayed 51.20% gold, producing a combined average of 53.81% gold and 37.49% silver. Combined with the 519.4oz returned from BJM111–113 on 27 October 2026, Blackjack's last two confirmed weekly smelts have returned a total of 994.3oz of refined gold, according to the filing.
Second November Smelt Delivers 711.5oz Doré on 10 November 2026
The Blackjack Processing Plant completed its second smelt for November on 10 November 2026, producing three doré bars with a combined gross doré weight of 711.5oz (22.13kg). BJM118, recovered from the gravity circuit, contributed 236.2oz, while BJM119 (300.5oz) and BJM120 (174.8oz) were produced from the elution circuit. The filing states that the Perth Mint weight, assay, and refined gold and silver outturn for BJM118–120 are expected the following week and are not included in current cumulative totals. Each of Blackjack's last three weekly smelts has exceeded 700oz of gross doré.
Cumulative Production Since July 2025 Commencement
Since production commenced at Blackjack in July 2025, the operation has produced 19,311.9oz of gross gold doré, with 18,332.9oz recorded as official refinery weight to date, according to the filing. Perth Mint confirmed cumulative refined outturns of 7,667.6oz of refined gold and 7,980.7oz of refined silver across all settled smelts. The filing notes that more than 60% of the refined gold produced to date has been recorded since the start of June 2026. Refined outturn for BJM118–120 remains pending and is not included in cumulative totals. Mining continues at Podosky and the Blackjack Mid Pit, the company said.



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