AuStar Gold Limited (ASX:AUL) is a rapidly expanding gold business with an exciting portfolio of near term development assets based around Morning Star Gold Mine in Victoria.
The company is focused on the return to production of its flagship Morning Star gold mine. Morning Star, in Victoria, demonstrates excellent potential for the near term return to low cost production.
AuStar Gold’s project acquisition and development strategy focuses high quality assets with strong synergies with surrounding, and generally significant, gold mining belts. The recently acquired Morning Star Gold mine highlights this approach.
AuStar Gold’s capability to “turn around” assets is based on combining its considerable operational expertise with innovative mining approaches. In many instances these “innovations” will involve combining a return to traditional yet highly productive mining methods for high grade deposits with specifically targeted modern technology and process upgrades.
Vision: To become the next mid-tier gold producer in Australia
AuStar Gold is led by a team of highly qualified and experienced mining professionals, with a demonstrated ability to identify and capitalise on opportunities and a clear strategy to deliver growth.
The securities of AuStar Gold Limited (‘AUL’) will be placed in trading halt at the request of AUL, pending it releasing an announcement. Unless ASX decides otherwise, the securities wil…