When would mining likely start at Morning Star?
Morning Star announced in June 2008 a program of pilot mining concerning the Maxwell Reef zone near 8L of the mine. This was after resource drilling indicated a series of ore targets close to the main shaft and the company decided with high gold prices that a move towards cash flow would be sensible. The pilot mining is also a good opportunity to test grade factoring theories in a production scenario. Recently a new technical team has identified shallower resources and mining targets and the company is working towards 2009 gold production. Any decision to mine the Morning Star mine or regional dykes on a full production format will be taken after a feasibility study to be commenced after the completion of the next stage of the exploration project. MCO has a three-stage process, which it is carefully following. The 1 st and 2nd stages have been completed with the successful refurbishment and dewatering programs in the Morning Star mine to beyond the 10L and extensive underground resourc
