The next 10 bagger??, page-120

The main take-away from the geo report imo is that both the region and the Morningstar mine are under explored.

That fact doesn't help much as the company is attempting to re-start mining and need early cash flow to sustain the mining and exploring costs.

But as the report points out mining at Morningstar has only been on the main dyke bulge yet it is known to be a dyke swarm and that the previous owner even mapped out a 'southern' dyke.

There is also potential at these high gold prices and with the utilisation of a decline and mechanised mining to extract the lower grade gold reefs that occur but were left untouched and unexplored by the historic miners. It is after all half a century since WMC shutdown Morningstar.