
Morning Star's current tenements produced at least 1.8 Million Ounces of Gold. The majority of producing mines in MCO's tenements, were worked only above the water table. The Morning Star Gold Mine is an exception, having produced gold historically ~700m below the water table to a depth of 940 metres. Diamond drilling conducted by WMC beneath the deepest production areas, returned mineralised gold assays in the 1950's.
MCO Tenement Map & Production History (102.84 Kb)
MCO's granted mining and exploration licences (ELs and MINs) cover the three major 'shear zones' running northwest from Woods Point. These zones run along the Ross Creek Line, the All Nations Line and the Tingha line of dykes and workings. Many mines exist within these three Mining Licences and two ELs, some of which were mined for rich returns of Gold from shallow workings historically.
MIN5299 known as the 'Dempsey Licence' near Gaffney's Creek, contains the historically rich Dempsey, Hunts and Rose of Denmark Mines which have produced ~87,000ozs Au - some recently. Exploration and development is underway on MIN5299 and immediately adjacent to it at the Wallaby Dyke on EL5079.
Indigenous Land Use Agreements (ILUAs) covering MCO's entire tenement area have been executed by MCO and the traditional owners. These ILUAs have also been registered in perpetuity in the National Native Title Tribunal (NNTT), an adjunct to the Federal Court of Australia. This means MCO and the two Indigenous Peoples concerned (Taungurong & Gunai Kurnai Peoples) have binding agreements on mineral rights in perpetuity. This adds great stability and certainty to MCO's entire tenement package.