Morning Star Gold (Administrators Appointed) (ASX: MCO) - A listed resources company with gold mining & exploration titles in the the Woods Point - Walhalla Goldfield on the Lachlan Fold Belt 120kms east of Melbourne with 7Mozs production.
This gold field recorded close to 200T historic gold production at average grades up to 40g/t Au from three deep mines and other shallow lodes. The Morning Star Goldmine was Australia's premier gold mine between 1934-59 when owned by WMC Ltd. Gold in this field is typically hosted in quartz reefs within fractured mafic & gabbroic dykes.
The 100% owned Morning Star Goldmine at Woods Point has a vertical depth of workings to 840 metres (26 Levels). It's refurbished over 10 Levels to 310 metres depth. Production & milling infrastructure is in place with multiple ore source targets close to the Morning Star hub. Gold production at the Morning Star Goldmine up until 1962 was 883Kozs at ~25g/t.