Mantle confirms consistent high grade gold mineralisation at Morning Star

By Trevor Hoey. Published at May 15, 2017, in Mining

Mantle Mining Corporation (ASX: MNM) has received encouraging news in relation to its Morning Star and Rose of Denmark gold mines in Eastern Victoria.

Having completed a structural reinterpretation and historical review of the high grade Kenny’s zone in the Morning Star gold mine, MNM has been able to ascertain that it is distinguished by the substantial quantity of very high grade gold intercepts, featuring drill results of up to 17,608 grams per tonne gold.

While this particular intercept was of a very narrow width of 0.15 metres, management noted that the high-grade intercepts occur over a recognisable zone of approximately 150 metres by 50 metres where no mining and little underground sampling has taken place.

Consequently, the company sees the prospect of regular high grade mineralisation at the deposit. This view appears to be validated by some of the larger widths which included 1.5 metres grading 38.6 grams per tonne.

Commenting on this development, MNM’s Chief Executive Tom de Vries said, “The abundance of high-grade intercepts in the Kenny’s zone gives us further encouragement for the mining potential of this zone, and it is encouraging that this zone is already accessible from existing underground mine development”.

It should be noted here that this is an early stage play and investors should seek professional financial advice before making an investment decision.

Consequently this zone is a priority target for further underground sampling and development as the company works towards the reopening of the Morning Star mine.

Historical data suggests recent exploration results are consistent with previous mining characterised by multiple narrow zones of high-grade veining which made the area at the northern end of the Whitelaw reef one of the best high-grade producing zones in the Morning Star mine.

View Our Investment Portfolios

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why is Australia’s leading small cap publication

Founded seven years ago, is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise. provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more. is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!