The Morning Star mine has a 910,000 ozs JORC but it is not to...

The Morning Star mine has a 910,000 ozs JORC but it is not to the latest code, to drill to the latest code would be very expensive so not worthwhile.

They have been progressing in a slow but methodical manner over the past couple of years, ironing out the bugs with the mine infrastructure and the plant, being careful with cash spend trying to do as much as possible from mining cash flows, therefore there has not been a positive quarter yet.

With the introduction of the newly enhanced plant in regards to crushing and recoveries and the increasing mining volumes flagged to come online soon from multiple reefs, we should be seeing our first positive quarter this year.

They are also embarking on a regional exploration program in the extensive land holding which comprises of pretty much the entire Walhalla to Jamieson gold district within the Victorian Lachlan Fold Belt.