Sustainable Value for Shareholders

Morning Star Gold's (MCO) vision is to develop its 100% owned Woods Point Gold Project into one of Australia's highest margin sustainable gold production projects. Gold production at the Morning Star Goldmine is our major initial focus and our 80KTPA onsite gravity gold processing plant has been built focusing on hosting production from the Morning Star and surrounding ore sources as they are brought onstream.

Beyond near term production onsite at the Morning Star Goldmine, the growth strategy is simple: MCO has set an aggressive program into action, aimed at exploring and developing historically confirmed high-grade gold bearing dyke formations, most of which were mined for rich returns of gold from shallow workings. The company has identified numerous targets within 12kms of its Woods Point production hub to get started. 2012 sees the start of a 27,000m diamond drilling program at Woods Point and at regional targets.

History shows the prodigious and high-grade production aspects of the eastern Victorian goldfields, in close proximity to Melbourne. They are unique to Australia with mafic gabbro-dyke hosted igneous rock deposits. In particular the Walhalla to Jamieson Synclinorium at which Morning Star's Woods Point tenements are at the centre. MCO believes it has the tenement package and expertise to deliver on long held potential in the area. Its tenements contain much of the historically high production, high-grade gold mines in the 'Woods Point Dyke Swarm'. Close to 2 Million golden ounces were produced on MCO's 100% owned and controlled tenements and over 6-7 Mozs in the goldfield ranking it third behind Bendigo & Ballarat zone for Victorian hard rock gold production.

Hard rock, narrow vein underground gold mines are a greater technical challenge than low grade pits but MCO believes the rising price of gold and its high margin focus will enable it to develop a profitable gold operations hub in the area.

Morning Star Gold aims to provide a transparent and sustainable growth platform designed and run for the benefit of all of its Shareholders.