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AuStar Gold releases June Interim Update

JUNE INTERIM PRODUCTION UPDATE AND MONTH REVIEW

Highlights

  • Total Dore of 13.344kg was poured with realized bar purity at 80% gold
  • 10.461kg refined gold (~336 troy ounces) along with 1.869kg silver produced from 1,045 dry tonnes of feedstock representing recovery from gravity circuit alone of 10.01 g/t Au (with a 0.68 g/t Ag credit) during the June production period (May 30th to June 29th)
  • A further 896 kg of concentrate has been delivered for processing at the Company’s contracted Intensive Leach Reactor (ILR) which will contribute material further gold recoveries.
  • Gold sales revenue of A$662,628 received from the June production period to date with final sales once refining of precipitate finalised expected to be ~A$780k.
  • Comprehensive production update and grade reconciliation report for June will be produced towards the end of July, pending concentrate out turn.
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