The majority of the funds raised by AUL since 2019 when the Morning Star Gold mine started have been at 30c. Problems associated with the mine are being addressed.
From last quarterly
" processing plant specialist and metallurgist has been engaged to identify and eliminate additional
production bottlenecks in the plant to increase reliability and increase throughput. "
AUL is expecting high grade ore to the mill from four additional mining areas over the next 12 months.
Development of high-grade target intersections at Maxwell and Stone Reefs in the 8 Sub Level
have started.
Mapping and sampling have identified thick high-grade Au ore in Whitelaw Reef. Development
will commence in the second half of 2021.
Mining of Dickenson Reef and Exhibition Reef (the latter, formerly known as Floor 2) will
commence in the last quarter of 2021.
Multiple high-grade zones from drilling and rock sampling by Morning Star Gold NL (2009 -2011)
and AUL (2019) within Kenny’s Reef. Development is planned to commence in the first quarter
of 2022
The majority of the funds raised by AUL since 2019 when the...
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