Austar Gold update Rose of Denmark

Company News

by Rachael Jones

Austar Gold (ASX:AUL) have released an operational update at its Rose of Denmark gold mine in Victoria where gold-bearing material has been successfully mined and processed.

CEO Tom De Vries says the results from trial mining show a significant gold grade estimation upgrade between mining face grades and the actual head grade.

He says it also pointed to a need to better define the high grade gold zones within the mine and to minimise waste.

Shares in Austar Gold (ASX:AUL) are flat at 0.004 cents.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.