ASX Stocks Still Offering Investment Opportunity

Gold continues to glitter by breaking through historic levels and companies like Barton Gold, New Murchison Gold, and Green & Gold Minerals are riding the wave with rapid project advancements.

Barton Gold Holdings Limited (ASX: BGD)

is moving fast toward production with good progress in exploration. The company posted a net loss of about A$1.83 million in FY25 which is a big improvement from last year’s A$9.4 million loss. This was mainly supported by around A$9 million revenue that came from gold sales and selling some assets. Barton has now shifted from exploration to development stage and is working on its Tunkillia project which holds about 1.6 million ounces of gold and 3.1 million ounces of silver. The company is also increasing its Challenger project resources to 313,000 ounces. On 29 September 2025, Barton said it started the Definitive Feasibility Study for Stage 1 production at its Central Gawler Mill which already has full permits and is aiming to start operations by the end of 2026. The plan is to first reprocess old tailings in Phase 1 and then move to higher grade ore in Phase 2. 

New Murchison Gold Limited (ASX: NMG)

has moved from being an explorer to a producer after starting mining at its Crown Prince Gold Mine near Meekatharra in Western Australia. In the latest quarterly update the company said it has got all key approvals needed for the project which was a big step ahead. Work picked up fast after that and by the end of September 2025 NMG had mined and crushed around 31,000 dry tonnes of ore with an average grade of 3.23 grams per tonne of gold. The ore was then sent to Westgold Resources’ Bluebird processing plant as per the existing Ore Purchase Agreement. This equals about 3,231 ounces of recoverable gold and the company expects its first revenue to come in October 2025. NMG finished the quarter with a cash balance of about A$14.5 million which got a boost from a A$12 million equity placement used to fund operations and exploration work.

Green & Gold Minerals Limited (ASX: GG1)

is advancing its Chillagoe portfolio while keeping tight control of costs as it transitions to a listed explorer-developer. For the year ended 30 June 2025 the group recorded a loss after tax of A$105,718, finished the year with A$159,673 in cash and cash equivalents, net assets of A$4.13 million. Financing during the year comprised share issue proceeds of A$307,881 and borrowings of A$300,000, producing net financing inflows of A$607,881 that improved liquidity. The company is focused on its Mt Wandoo and Mt Scoria prospects in Queensland with an inferred resource at of 905,000 tonnes at 1.11 g/t Au and 13.32 g/t Ag. With exploration work ongoing to upgrade and extend resources and a cleaner FY25 balance sheet, GG1 is funded to continue drilling in the upcoming quarters.

(Source: Company Announcements)