AuStar To Start Up Historic Gold Mines In Victoria

AuStar Gold (ASX:AUL) is gearing up to start production at its historic Morning Star and Rose of Denmark gold mines in Victoria’s eastern goldfields.

According to a statement from AuStar, the company milestone is the result of an effective exploration program as well as successful development, mining and processing initiatives in 2018. The company plans to begin mining at both mines, with ore to be processed at Morning Star’s gravity processing plant.

The majority of material for plant feed will initially come from Rose of Denmark and the recently discovered McNally’s Reef. This is set to take place while the company works towards developing access to Stone’s Reef, another high-grade area discovered not long ago.

“We have repeatedly witnessed diamond drill core with visible gold and accompanying outstanding high grade assay results, which gives us confidence that mining can be undertaken successfully,” AuStar CEO Tom de Vries said in a statement.