exiting as watching twatching the grass grow., page-31

i lifted this from the website. and the write-up actually appears in the quarterly report of 31 oct, 2007 (page 5).

The results of the Bulk Metallurgical Tests have been outstanding.

1. Gravity gold recovery was extremely encouraging (between 78% and 93% depending on the crush coarseness).

2. At a coarse 250microns crush, Morning Star found that the bulk samples returned up to 88% gravity gold recoveries through the first crush with up to 98% total recoveries after a short period of leaching (8 hours) and greater than 99% recoveries after 24 hours.

3. Head Grades from the samples were strong as expected. The grades obtained in the three bulk samples were between 17 grams per tonne and 35 grams per tonne. Samples were blended with lower grade material made up of sediments and dyke to give a more representative 'mining grade' sample analysis.


One of the key aspects of the results to date, is that in any future planned mining operations, Morning Star feels confident that a mill and plant set to crush ore at 250microns rate would significantly reduce Capital and Operational Expenditures for the company and enable it to operate well under industry average gold production costs per tonne.

So encouragingly for MCO, not only are there rich remnant reefs as proven to date via the Channel and Reconnaissance sampling program, but gravity gold returns are very high, giving rise to a ability to produce gold cost effectively and environmentally sensitively too.