The 2009-10 financial year was one where Morning Star Gold (‘MCO’) set goals for itself strongly focused around its pathway to gold production. Your company massively increased the infrastructure and planning and expenditure needed to emerge from many years as a ‘penny dreadful’ explorer on the...
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We strengthened our assets to $12m at period close from $2.4m at 30 June 2009
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We agreed a strategic $4.5m JV to fast track exploration & development of key regional targets
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We purchased & built an 80,000 TPA gold processing plant onsite at the Morning Star Goldmine
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