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.
The information on this page should not be the only trigger for your investment decision. Click on the links below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.
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.
Significant Assays Reported by AUL’s Victorian Rose of Denmark mine
Apr 6, 2018
AuStar Gold Limited (ASX:AUL) has continued to release significant high-grade gold results from its Rose of Denmark mine, part of the Morning Star Project, in Victoria’s Eastern Goldfields.