AuStar Gold Limited ( ASX:AUL )
With a change of name and a change of focus, AuStar Gold Limited (ASX:AUL), formerly Mantle Mining (ASX:MNM), is working hard to return its cornerstone asset back into production.
Located in Victoria’s prolific eastern gold fields, AUL’s Morning Star Gold NL has significant infrastructure including processing plant, a strategic tenement footprint, and is prospectively well positioned for near‐term trial mining.
Not many junior mining companies have the infrastructure AUL has, which on its own merits warrants a second look at the company.
Alongside its Morning Star project, AUL also has the cash in hand to push its ambitions following the divestment of several assets.
That cash will go towards commissioning a potentially company-making bulk sampling program at its flagship operation.
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Investors can expect to see plenty of news flow in the coming months from both its flagship Morning Star project and the highly prospective Rose of Denmark Mine, where drilling results and assays are also imminent.
With promising results from exploratory drilling nearby this is a story just getting started for this $10 million-capped junior.
Refocused AUL Drills Down on Victoria’s Eastern Goldfields
Feb 14, 2018
Armed with a new name to match its new focus, AuStar Gold Limited (ASX:AUL), formerly Mantle Mining (ASX:MNM), is intent on returning its cornerstone asset in Victoria’s prolific eastern gold fields region back into production.