Jun 2, 2020
2 min read

AuStar Gold High-Grade Gold Opportunity.

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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.

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.

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

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