The latest AuStar Gold (AUL) Morning Star Mine Production & Geology Update is out. Read about their recent comprehensive operations review now.
Market Update Highlights - Find the full announcement here.
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New technical team is re-evaluating and prioritising projects to support mine expansion and increase life of mine
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Production experience over recent months and spectacular sample results within current work faces support an increasingly confident view of the Company's production outlook
8 Level diamond drilling program expanded to test prognosed northern extensions of both McNally and Stones reefs
Fig 1: Morning Star Mine, circa 1880 Fig 2: Morning Star operations after recent snowfall, August 2020The Morning Star mine historically produced ~857koz gold at an average grade of ~26.5g/t Au. AuStar Gold is currently mining Morning Star at grades above 10g/t gold in McNally Reef.
Morning Star Mine Production Improvements:
The latest modelling of McNally Reef suggests that a robust increase in near term production - from this work area alone - is likely to be sustainable. Longer-term approaches to mine planning and operational efficiencies are resulting in higher production rates relative to allocated resources; utilising existing infrastructure, minimal development is likely to be required to deliver multi-level ore-handling and trucking operations and hence sustained increased production output.
Morning Star Mine Geology Plan:
Diamond drilling on 8 Level* has been significantly expanded and is targeting:
- McNally Reef north and south along strike;
- Stones reef north along strike, and up and down dip;
- Maxwells reef (interpreted as an offset extension of McNally) north along strike and down dip; and
- Interaction of Tills Reef with the McNally and Stones reefs
Fig 5: Long Section looking West: Current work areas at McNally and Stones reefs with prognosed extensions and 8 Level (radial) diamond drilling, currently being undertaken at Morning Star by the Company's drilling team: 1) McNally Reef open north; 2) McNally Reef open south; 3) Stones Reef open north; 4) Stones Reef open south.
