When Did Native Mineral Resources (ASX:NMR) Pass 6,000oz of Refined Gold at Blackjack?

Sonal Goyal

14 October 2026 06:27 PM AEDT

When Did Native Mineral Resources (ASX:NMR) Pass 6,000oz of Refined Gold at Blackjack?

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Key highlights

Cumulative refined gold at Blackjack passed 6,000 oz, confirmed by Perth Mint at 6,048.3 oz since production began in July 2025.
The 13 October 2026 smelt produced three doré bars with a combined gross weight of 527.6 oz.
October doré production to date is 824.2 oz, with two further smelts scheduled this month.

Native Mineral Resources Holdings Limited (ASX:NMR) provided a gold production update on 14 October 2026 from its Blackjack Gold Operations near Charters Towers in Queensland. The company reported that cumulative refined gold outturn has passed 6,000 oz, with Perth Mint confirming 6,048.3 oz since gold production began in July 2025.

Latest smelt

The Blackjack processing plant completed a smelt on 13 October 2026, producing three doré bars with a combined gross weight of 527.6 oz (16.41 kg). BJM105 (312.9 oz) and BJM106 (52.5 oz) came from the elution circuit, and BJM107 (162.2 oz) from the gravity circuit. The company says this is the largest weekly smelt by doré weight since 18 August 2026 and 78% above the previous week's 296.6 oz. The gravity bar was about three times the previous week's gravity bar of 53.9 oz.

Final Perth Mint weights, assays and refined outturn for BJM105 to BJM107 are expected the following week.

Perth Mint outturn

For the 6 October 2026 smelt (BJM102 to BJM104, 296.6 oz doré), Perth Mint confirmed 155.7 oz of refined gold and 88.2 oz of refined silver. Gross doré production for October to date totals 824.2 oz from two weekly smelts. The company states more than half of its refined gold has been produced since the start of June 2026, with the operation now on a regular weekly smelt cycle.

October target

Two further smelts are scheduled in October. The company aims to exceed its August record of 1,080.5 oz of refined gold, subject to doré production and Perth Mint outturn from the remaining smelts.

Risks shareholders may weigh

The latest doré weights are gross figures that remain subject to Perth Mint assay and refining outturn, and refined gold will be lower than doré weight. Weekly output has varied, as the previous week's smelt was 296.6 oz. The October target depends on plant feed and recoveries, and the company references the need to keep the plant fed consistently.

Gold prices, operating costs, ore Supply and processing performance are further considerations for a small operation.

What's next

Perth Mint outturn for the 13 October smelt is expected next week. Two more smelts are scheduled for October, and the company says it aims for steady gold output through the December quarter.

FAQs

Q: What did Native Mineral Resources (ASX:NMR) report on 14 October 2026?

A:That cumulative refined gold at Blackjack has passed 6,000 oz, at 6,048.3 oz, and that a 13 October smelt produced 527.6 oz of doré.

Q: What was the previous refined outturn?

A:Perth Mint confirmed 155.7 oz of refined gold and 88.2 oz of refined silver from the 6 October smelt.

Q: What is the October aim?

A:The company aims to exceed its August record of 1,080.5 oz of refined gold, subject to doré production and Perth Mint outturn.

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