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Morning Star Australia Project
Morning Star Australia
Country
Australia
Status
PRODUCTION
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Risk and valuation analysis of the Morning Star Australia Project
Status Risk : Production
Country Risk : Very Low
Resource Risk : 20.00%
In situ value
1,270,190,154 $
Title(s) of the Morning Star Australia Project
Morning Star Gold N.L.
Owner: 100%
Title
Company Profile
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Company website
Company project page
The company first acquired its namesake mine in 1993
History of the Morning Star Australia Project
The Morning Star mine was one of Australia's most prodigious gold mines yielding 883,000 ounces of gold at an estimated grade of at least 26.5 grams per tonne. Scant records were kept of gold production between 1862 and the mid 1890s, so the producti
more...
Geology of the Morning Star Australia Project
The Morning Star Dyke contains multiple auriferous quartz reefs, some of which produced high grade gold of over 40g/t Au. Around 10% of the gold produced at the Morning Star was contained in sediments rather than dyke, mostly at the dyke contact or nearby. The Morning Star Dyke supported a mine over 25 Levels of roughly 100 feet per level but the dyke is open both at depth and width
Reserves and resources of the Morning Star Australia Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Inferred
4,600,000
6.20
916 939
Total
4 600 000
916 939
Definitions
Reserves and resources of the Morning Star Australia Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
916 939
916 939
oz
1 259 324 424 US$
Production history
Metal
historical
GOLD (oz)
883,000
Production Objectives
Metal
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
GOLD (oz)
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
Data last updated on : 12/31/2008
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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