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AuStar Gold High-Grade Gold Opportunity.

Written by Donna Warner | Jun 2, 2020 12:31:41 AM

The latest AuStar Gold (AUL) company presentation is out, and they have been busy. Read about the high-grade gold opportunity and the following highlights. 
  • Victorian, high-grade gold opportunity.
  • Morning Star Mine produced circa 830koz of gold at ~26.5g/t gold.
  • Infrastructure in place - 2 mining licences, underground mine, a shaft and winder hoisting infrastructure and a gold processing plant.
  • Currently mining at Morning Star at grades above 10g/t gold.
  • Significant potential for growth within the mining leases.
  • Significant exploration potential with a land holding of 667 km .
  • Geological similarities exist with the Fosterville Goldfield.

 

Visible pyrite & gold mineralisation spotted after firing at McNally's.