AuStar Gold has completed the re-commissioning of the Gravity Gold processing plant at the Morning Star gold mine in Woods Point, Victoria.
The company said in statement that site personnel re-tested each operating component of the plant and then commenced the processing of trial underground material from the mine.
According to CEO Tom de Vries, the gravity processing plant is now “fit for purpose” to commence treatment of stockpiled material from development conducted to date.
“Another major milestone has been achieved in our successful re-commissioning of the processing plant at the Morning Star gold mine,” Mr Vries stated.
“As we are now exposing the Stacpoole zone, it is a major achievement to have completed the recommissioning of the processing plant to accept and process mined material.”
“This will allow us to better ascertain the actual gold grade of the Stacpoole zone as compared to the earlier diamond drilling and also lead us towards developing a cashflow.”
AuStar Gold, which is aiming to become the next mid-tier Australian gold producer, is focused on the acquisition and return to production of low entry cost, idle gold mines at a time of strong gold prices.
The strategy involves employing a portfolio approach, with multiple assets held in the highly significant Eastern Victorian Goldfields.
