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AuStar Gold Ltd.

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Summary

Project:

Morning Star

Deposit:McNally's Reef, Stone's Reef
Location:Australia
Commodities:Gold
Date:7/11/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:11-7-2019: AuStar Gold Ltd. announces an Exploration/Drilling Update report for its McNally's Reef, Stone's Reef deposit at the Morning Star project. Drilling results incl. 0.20m @ 2540.11g/t Au from 65.50m. AuStar Gold Limited (ASX: AUL) is pleased to an
Resources:x
CP/QP:[Overall Report]: Peter de Vries (Not stated)
ABSTRACT:AuStar Gold Limited (ASX: AUL) is pleased to announce a continuing update of definition drilling being undertaken to further expand and fully define the extent of the McNally’s Reef, as well as confirmation via high-grade assays results of visible gold seen within drill core from the recent program. The intersections from L9016 and L9017 are all located approximately 10 metres away from an earlier drill-hole L9006 (0.28m @ 20.47 g/t Au) 1 . Infill drilling is ongoing to target the western and eastern down-dip extensions of the McNally’s Reef in the favourable dyke – sediment overhang position. Drilling has identified a high-grade pod of mineralisation that remains open to the south-east extending from the western side of the dyke (Figure 1). Further work is planned to test the strength of mineralisation to the south-east. Exploration at Morning Star is continuing from the No. 9 Level south drill chamber for the purpose of testing the McNally’s Reef for additional production potential. Drilling is also continuing from the No 9 level North down into the area below the Level. Results from the first holes of this drilling campaign are still pending. Drilling productivity has also improved markedly with modifications and changes made to both rigs engaged underground with AuStar’s contractors. These improvements will result in a faster delineation and testing of exploration targets within the Morning Star dyke.

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