Ann: Quarterly Activities Report - March 2013 , page-4

After reading this and noting that NST is currently down 2.6% since the announcement, I just shake my head at how the ASX works....

"JORC Resources at the Ashburton Gold Project in WA increased 66% to 1.7Moz1, lifting Northern Star’s group resources to more than 2.2Moz1. The expanded inventory strengthens Northern Star’s strategy to establish a stand-alone 100,000ozpa operation at Ashburton.
Northern Star Managing Director Bill Beament said the results reflected the Company's commitment to maximising Shareholder returns.
"Everything we do has one common focus - to drive Shareholder returns," Mr Beament said. "We do that by ensuring our costs are some of the lowest in the Australian gold mining industry and by paying dividends.
"We are also determined to see that growth is motivated by the opportunity to lift Shareholder returns, not just to expand production for the sake of mining more tonnes and putting more ounces through the mill.
"Our motto is that we are a business first and a mining company second. These results reflect that emphasis."