The Morning Star underground gold mine is located in the heart of Australia’s 2nd most prolific historic gold field, the Walhalla to Woods Point field in Eastern VIC (with historic production of over 6 million oz).
New processing plant and paste backfill facility on site, with the mine itself dewatered and refurbished to 9 level. Donaldson’s, the first potential production area, is within 100m of development away.
MCO reported a Mineral Resource of 910,000 oz Au for the Morning Star mine in 2008, including 726,000 oz Au at 11.2 g/t Au (Table 1). Numerous historic mines and exploration targets exist on MCO’s tenements
