Mantle Mining, now being the owner of the Morningstar leases, has four gold mines that could be in production within 18 months. The Morningstar and Rose of Denmark mines in Victoria, and Granite Castle and Norton in Queensland. Production from these mines will vary from 10-25,000 oz p.a. With the potential to increase the number of mines or production rate, significant in my book.
Gold at these prices in AuD terms will be the driver for Mantle Mining to develop or re-open each mine in their portfolio.
I see other companies on the speccie end of the asx that have a similiar market cap to us and are still drilling out a resource for just one mine!
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Mantle Mining, now being the owner of the Morningstar leases,...
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