MORNING Star Gold has announced it is readying the old Morning Star Gold mine in Melbourne for mining from two locations.
The company said four stopes are being initially prepared and the retention of mining contractors has commenced.
Recent geological modelling has identified significant tonnage & grade to sustain an initial draft mining plan up to 100,000 tonnes per annum.
The Morning Star mine has an in situ gold resource, estimated in 2008 to exceed 900,000ozs.
This resource is in the process of being revalidated and re-evaluated.
MCO has been preparing the existing underground workings, shaft and plats at the Morning Star mine for a return to gold mining.
The Morning Star gold mine is located at Woods Point, 120km ENE of Melbourne.
Add a comment