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re: ann Regional drilling underway
NuStar has just commenced a 24,000 metre
reconnaissance drilling programme on the
Ashburton regional properties.
The broadly spaced auger drilling programme is being
used to assess geologically prospective areas within
the Paulsens region that remain largely untested due
to alluvial cover.
A major component of the programme is directed at the
contact between the Mt McGrath Formation and the Duck
Creek Dolomite. Sediment hosted micron gold (SHMG)
style deposits are the primary target in these areas.
Selected sections of the Fortescue Group with a
structural setting conducive to Paulsens style
mineralization are also being tested.
The drilling is estimated to take six weeks to complete.
Following assay return and interpretation, target areas
will be prioritized for more intensive follow up work.
At Paulsens, the recently commissioned treatment plant
has operated at above design capacity throughout the
September quarter. Mine output was initially constrained
early in the period due to delivery delays with stope
production equipment. Upgrading of the equipment fleet
was completed in August and ore production levels have
subsequently been on target. Gold production for the
quarter is forecast at 18,000 ounces.
The current drilling represents the most substantial
exploration programme undertaken by NuStar since
the Paulsens resource drill-out and is a fundamental
component of the Company’s strategy to grow its
resource base within trucking distance of Paulsens.
SHAREHOLDERS  
REPORT  
       
Enquiries  regarding  
this  report  may  be  directed  to: 
   
Brett  Lambert  
Chief  Executive  Officer  
Telephone  (08) 9346  0000  
Overseas  +61  8  9346  0000  
           
NuStar  Mining  Corporation  Limited  
ABN  11  060  156  452  
Level  2, 34  Colin  Street  
West  Perth  
Western  Australia     6005  
Telephone  (08) 9346  0000  
Overseas  +61  8  9346  0000  
         
www.nustarmining.com.au