AUL 0.00% 28.5¢ austar gold limited

Making Mantle a success.

  1. 2,701 Posts.
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    Drill results, 3D mapping and visual inspection are telling the story, but to make double sure they're going to throw the drill down in a few targeted shallow positions and then begin trial mining
    All being done on budget and on time.....

    You can't ask for more than that surly.
  2. 2,568 Posts.
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    The quarterly wasn't giving us any new info so hopefully we will get a series of ann this quarter updating us on progress.

    What I would like to see is progress on joint ventures or sales of the other tenements. Several months now and still no news on that front.

    The A1 up the road from Morningstar are making good progress. Making money at just 25,000 t @6g/t per quarter. But they have spent the $$$ and driven a decline into the mine, allowing more mechanised mining.

    If they find good grades and widths at The shallow Stacpooles reef and the capital costs warranted it, a decline into the mine would be greatly improve the economics of Morningstar.
 
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