AuStar Gold Limited provided the update to shareholders regarding the evolving geological and production outlook at the Company's Morning Star mining operation at Woods Point, Victoria. The Morning Star mine historically produced ~857koz gold at an average grade of ~26.5g/t Au. AuStar Gold is currently mining Morning Star at grades above 10g/t gold in McNally Reef. The Company's new technical team is undertaking a comprehensive review of operations, integrating geological models of current working areas with recent mining experience and an enhanced sampling regime (sampling 50cm in mineralised structures, reflecting the nuggety nature of Morning Star gold mineralisation). Morning Star Mine: Production Improvements: The latest modelling of McNally Reef suggests that a robust increase in near term production - from this work area alone - is likely to be sustainable. Longer-term approaches to mine planning and operational efficiencies are resulting in higher production rates relative to allocated resources; utilising existing infrastructure, minimal development is likely to be required to deliver multi-level ore-handling and trucking operations and hence sustained increased production output. Given that the Company does not expect to report a maiden JORC resource estimate at Morning Star in the near term, it is constrained in providing further guidance and cannot report internal resource estimates being used to guide production planning. The Company wants to make it clear to shareholders, however, that on all the information currently available to the business, the technical team is planning for long-term and ongoing operations, evolving through continued geological definition of further mineralised zones and mineable areas. McNally Reef has contributed production of >10g/t Au at Morning Star for several months, with current experience and geological mapping providing significant confidence that these plans are robust and supported. Morning Star Mine Geology Plan: The Company's technical team is re-evaluating and re-prioritising projects to support mine expansion By re-assessing historical levels, further additions to production areas are foreseeable. Diamond drilling on 8 Level has been significantly expanded and is targeting: McNally Reef north and south along strike; Stones reef north along strike, and up and down dip; Maxwells reef (interpreted as an offset extension of McNally) north along strike and down dip; and Interaction of Tills Reef with the McNally and Stones reefs. Updated In-Mine Drilling Program: Based on the opportunities identified in zones adjacent to current mining areas, recent diamond drilling around 8 Level has been substantially extended to further delineate McNally and Stones extensions to the north. This drilling is expected to continue for the next 2-3 months, alongside the broader Morning Star program, with results to be released at the conclusion of the campaign, or on an interim basis as required. Initial testing of the Age of Progress structure from the Morning Star Adit was completed in July with assay results pending. Drilling results from initial holes on 8 Level are also expected imminently.