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AuStar Gold Announces Production Update & May Review

Highlights

  • 13.312kg refined gold (~423 troy ounces) along with 2.422kg silver produced from 843.8t of feedstock representing recovery from gravity circuit alone of 15.78g/t Au (with a 2.87g/t Ag credit) during the May production period (May 1 to May 20)
  •  A further 820 dry kgs of concentrate has been delivered for processing at the Company’s contracted Intensive Leach Reactor (ILR) which will contribute material further gold recoveries and is expected to result in a final realised recovery grade for the month greater than 20g/t
  • Total Dore of 16.28kg was poured with realised bar purity above 80% gold
  • Plant performance has continued to improve and further enhancements being made to increase throughput
  • Gold sales revenue of A$791,629 received from the May production period to date with final sales once refining of precipitate finalised expected to be ~A$1m
  • Comprehensive production update and grade reconciliation report for May is expected within two weeks
AuStar Gold Limited (ASX: AUL, or the Company) is pleased to provide shareholders with a production update from the Company’s 100% owned Woods Point operations. 

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