Junior explorer AuStar Gold has returned positive assay results from its Rose of Denmark gold mine, just north of Gaffney’s Creek in Victoria.
Returned bulk leaching extraction results include 0.25 metres at 8.44 grams of gold per tonne, 0.22 metres at 9.52 grams of gold per tonne, 0.3 metres at 2.74 grams of gold per tonne and 0.5 metres at 3.28 grams of gold per tonne.
According to AuStar Gold chief executive officer Tom de Vries, the assay results were in line with company expectations, and that they were confident of further success.
“The initial indication already provides us confidence in achieving the objectives of the drill program,” he said.
“The data received shows that AuStar’s tests of various assay techniques have been successful in measuring both the coarse and fine gold components in the deposit.”