Jun 3, 2020
3 min read

AuStar Gold Market Update

Austar-Gold-Barclay-Pearce-Capital-3

The latest AuStar Gold (AUL) Market Update & Investor Presentation is out. Read about their recent activities including the high-grade gold opportunity.

Market Update Highlights. Find the full announcement here.

Effective implementation of response to COVID 19.
Winding System maintenance undertaken.
Milling operations continue to operate despite mining activity interruptions with minimal operational downtime.
Capital Investment equipment to improve capacity and recovery in processing plant.
Drilling program design continuing with potential for purchase and operation of drill rigs considered.
Reviewing efficient and effective options for processing of concentrate.

Investor Presentation Highlights. Find the full announcement here.

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.

Gold Room Tabling June 1, 2020

IMAG0366

For more information email tradingdesk@barclaypearce.com.au or subscribe to The Chairman's List to receive future AUL updates and other upcoming transactions.

BPC - The right people with the right solutions make for brilliant results.

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Barclay Pearce Capital Management Pty Ltd ACN 619 189 847 | AFSL: 503261

Barclay Pearce Capital Investment | ACN: 667 428 480 | CAR: 1303113

Barclay Pearce Capital Asset Management | ACN: 661 805 250 | CAR: 1302665

Barclay Pearce Capital | ACN: 671 103 254

Barclay Pearce Capital Communications | ACN: 659 740 217

Barclay Pearce Capital Events | ACN: 661 642 726

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© 2024 Barclay Pearce Capital - BPC | All Rights Reserved

Disclaimer

Barclay Pearce Capital Management Pty Ltd is the holder of an Australian Financial Services Licence (Number: 503261). The information provided on this website is general in nature only and does not constitute personal advice. The information has been prepared without taking into account you or your company’s objectives, financial situation or needs. Before acting on any information on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. You should seek independent financial advice and read the relevant disclosure statements or other offer documents prior to making an investment decision about a financial product. The material contained on the website is for information purposes only and should not be construed as an offer or solicitation or recommendation to buy or sell financial products.

Barclay Pearce Capital acknowledges the Traditional Owners of the land where we work and live, the Gadigal of the Eora Nation and pays our respects to Elders past, present and to the children of today who are the Elders of the future. We celebrate the stories, culture and traditions of Aboriginal and Torres Strait Islander Elders of all communities who also work and live on this land.

Barclay Pearce - The right people with the right solutions make for brilliant results.

Privacy Statement
Financial Services Guide
Research Policy
Complaints Management Policy
Scam Alert

Barclay Pearce Capital acknowledges the Traditional Owners of the land where we work and live, the Gadigal of the Eora Nation and pays our respects to Elders past, present and to the children of today who are the Elders of the future. We celebrate the stories, culture and traditions of Aboriginal and Torres Strait Islander Elders of all communities who also work and live on this land.

Barclay Pearce Capital Management Pty Ltd ACN 619 189 847 | AFSL: 503261

Barclay Pearce Capital Investment | ACN: 667 428 480 | CAR: 1303113

Barclay Pearce Capital Asset Management | ACN: 661 805 250 | CAR: 1302665

Barclay Pearce Capital Queensland | ACN: 668 591 740 | CAR: 1304194

Barclay Pearce Capital | ACN: 671 103 254

Barclay Pearce Capital Communications | ACN: 659 740 217

Barclay Pearce Capital Events | ACN: 661 642 726

BPC UK Ltd | CRN: 14822860

© 2024 Barclay Pearce Capital - BPC | All Rights Reserved

Disclaimer:

Barclay Pearce Capital Management Pty Ltd is the holder of an Australian Financial Services Licence (Number: 503261). The information provided on this website is general in nature only and does not constitute personal advice. The information has been prepared without taking into account you or your company’s objectives, financial situation or needs. Before acting on any information on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. You should seek independent financial advice and read the relevant disclosure statements or other offer documents prior to making an investment decision about a financial product. The material contained on the website is for information purposes only and should not be construed as an offer or solicitation or recommendation to buy or sell financial products.

Barclay Pearce Capital acknowledges the Traditional Owners of the land where we work and live, the Gadigal of the Eora Nation and pays our respects to Elders past, present and to the children of today who are the Elders of the future. We celebrate the stories, culture and traditions of Aboriginal and Torres Strait Islander Elders of all communities who also work and live on this land.