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AuStar Gold announces Rose of Denmark Gold Mine Operational Update

AuStar Gold Limited (ASX: AUL) (‘AuStar Gold’ or ‘the Company’) provides the following operational update at its Rose of Denmark (RoD) gold mine where recent gold-bearing material has been successfully mined and processed.

Highlights:

  • Stage 2 Exploration Program at RoD Operational update:
  • First pass of percussion drill sampling completed and awaiting assays
  • Diamond drill mobilised to site and drilling commenced
AuStar Gold CEO, Tom de Vries said “The recent Austar Gold results from trial mining at RoD (refer announcement (ASX:AUL 20 November 2018) demonstrated, amongst other things, a significant gold grade estimation upgrade between mining face grades and the actual head grade received in the processing plant, and also pointed to a need to better define the high grade gold zones within the mine and to minimise waste and maximise mining recovery. Accordingly, AuStar has embarked on a dual track exploration drilling program, which is now well underway, with assays awaited on percussion drilling.

Additionally, the diamond drilling program is also underway and is aimed at demonstrating the potential at depth and also above the main adit level with the objective of contributing data towards an economic mine plan to prioritise the largest higher grade mineralised blocks for extraction
”.

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