Goldstar Resources Walhalla Project/Tubal Cain success gives Goldstar a Eureka moment

摘要

A potentially significant new Victorian gold mine is emerging in Victoria's eastern ranges as Goldstar Resources continues to produce strong exploration results from its Walhalla region project. Goldstar Resources NL has announced a 57 per cent increase in the modelled quartz reef/breccia tonnage at its Tubal Cain Project in Victoria to over 3.6 million tonnes, providing a strong basis to advance it towards the next stage of evaluation. The upgraded geological model has confirmed Tubal Cain has the potential to underpin a large-scale, long-life project for Goldstar, providing the next source of gold production after the Eureka Project. Recent drilling has significantly improved the confidence level in the top 600 metres of the deposit, resulting in over 2.3 million tonnes of quartz reef zone now being classified with a medium-to-high level of geological confidence.