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AuStar Gold Ltd.

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Summary

Project:

Rose of Denmark

Deposit:Rose of Denmark
Location:Australia
Commodities:Gold
Date:11/20/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:20-11-2018: AuStar Gold Ltd. announces an Exploration/Drilling Update report for its Rose of Denmark deposit at the Rose of Denmark project. Drilling results incl. 1.90m @ 24.85g/t Au. AuStar Gold Limited (ASX: AUL) (‘AuStar Gold’ or ‘the Company’) provid
Resources:x
CP/QP:[Overall Report]: Peter de Vries (Independent)
ABSTRACT:AuStar Gold Limited (ASX: AUL) (‘AuStar Gold’ or ‘the Company’) provides the following operational update and progress at its Rose of Denmark (RoD) gold mine where recent gold-bearing mineralised material has been successfully mined and processed. AuStar Gold CEO, Tom de Vries said “The gravity process plant at Morning Star successfully processed the Rose of Denmark gold bearing material as reported on the ASX on 24th October 2018. The upgrade result from mined face assay to processing assay is very encouraging, with further work required to determine the optimal mining method. The variability of the assay results is expected with small sample sizes and is the very nature of high grade nuggety gold. This requires us to further assess the most efficient method of measuring, monitoring and extracting the high-grade zones initially identified by diamond drilling. Our Stage II exploration program will provide this required analysis. As announced last week an underground percussion rig has been introduced to provide more data at a local stope level and a diamond drill rig will be introduced to test the wider mine areas to depth.” Background During July to October 2018 a limited trial mining program was undertaken at the Rose of Denmark mine (RoD), with the intent of comparing diamond drill hole gold grade intersections, with mined face grades and against the final processed head grade and recovered grade.

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