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Native Mineral Resources Holdings (ASX:NMR) is off to a strong start in CY26, jumping some +32% in share price this morning after setting a new gold pour record at its Blackjack project in northern Queensland.
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The company produced six gold doré bars totalling 1,474.9 ounces on January 28, which followed the recent pouring of a pr 178.7 ounce gold bar with a refinery assay of 60.09% a little earlier this month. Native Mineral Resources produced its first gold in late July 2025, yielding 70 ounces at 91.64% recovery.
MD and CEO, Blake Cannavo, said the latest gold pour was a standout result: “It is a strong statement of the momentum we’re building at Blackjack. With drill and blast now recommencing for 2026, our focus is on converting this early success into consistent, repeatable performance.”
The Australian company is also progressing a structured short-, medium- and long-term plan across its broader regional portfolio – including the Granite Castle and Great Britain deposits to prioritise drilling, mine sequencing, approvals and infrastructure to support sustainable growth.
Podosky drilling is scheduled to start next week as part of NMR’s joint venture with Haoma Mining at the Ravenswood gold project in Queensland.
Elsewhere, the explorer is progressing the Far Fanning deposit as part of its long-term mine plan, with a pathway targeting mining in Q4 CY26. Native also just recently renewed its technical services team to strengthen mine execution, planning, and grade control as expansion plans continue to roll out.
Through Thursday morning, NMR has been 6.6c.
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