What is the size of Morning Stars tenement holding?
MCO’s granted Exploration Licences have expanded tenfold in 2008 to over 220km2. This expansion is primarily running northwest along three major geological ‘shear zones’ which contain numerous mafic gabbro ‘dykes’, which were mined historically for rich returns from predominantly shallow workings. One major fault zone is known as the ‘Ross Creek Line’ which famously housed both the Morning Star mine and the Long Tunnel Mine near Walhalla 60kms to the southeast. The company is based at the Morning Star mine site adjacent to Woods Point but its Licences run from Matlock (11kms to the south-east of Woods Point and the site of All Nations + Loch Fyne mines), to well up and beyond Gaffney’s Creek (14kms to the north-west of Woods Point, the site of Rose of Denmark, Hunts & Dempsey mines).
