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AuStar Gold, March 2019 Quarterly Activities Report

AuStar Gold Limited (ASX:AUL) provides the following update on its activities for the quarter ended 31 March 2019.

Highlights:

• Successful recommencement of Mining and Processing activities

• High speed centrifugal concentrator installed at Morning Star to lift overall gold recovery

• Agreement finalised with Gekko Systems for offsite processing of residual concentrate to recover additional gold

• Total Gold produced from Dore of 121.11 ounces of which 31.02 ounces was sold prior to 31 March

• Process of delivering and treating middling concentrate to Gekko established

• Exploration drilling confirmed that both McNally’s Reef and Stone’s Reef extend further than previously interpreted

• Further high-grade gold intersections identified in McNally’s Reef

• Independent review of geochemical and geophysical data identified 36 exploration targets, including 8 high priority exploration targets not including RoD and MSGM.


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