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 Gold Mine has 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 McNallys Reef, with plans to expand development in Stones, Maxwells, Dickenson, Burns, Whitelaw Reefs and Age of Progress Reef. The Company's comprehensive review of its operations, including integrating geological models of current working areas with its mining development experience, and a disciplined sampling regime (increased sample points with sample intervals 50cm in mineralised structures, in order to compensate for the bias created by the nuggety nature of Morning Star gold mineralisation). McNallys Reef continues to give outstanding results on both 7 and 8 Levels, which reinforces the geology and mining team's strategy to pursue McNallys Reef along with resampling programs of other reefs within the mine. Development on the 7 Level McNallys Reef has concentrated on the western up dip region along the high-grade trends. Recently, 10 samples from 7L Panel 2 returned assay results ranging from 0.66g/t to 340g/t Au, development will continue in this panel. High-grade sample results returned include: 0.5m @ 340g/t Au, 0.4m @ 102g/t Au and 0.2m @ 179g/t Au. The mining crews on 8 Level have focussed on rising up on McNallys Reef to 7 Level, with outstanding grades. Visible gold and face grades assays from 0.34 up to 56.61g/t Au had been received. Individual sample results have ranged from 0.005g/t up to 627g/t Au. To date, 11 face cuts have been developed on 8L Rise 2 West with significant face grades from face 5 to face 7, face 8 to face 1, assays pending. One diamond drill hole 20MS01, was drilled at the beginning of September 2020 targeting the Dickenson and Shamrock Reefs from the surface near the Morning Star Adit. This diamond drill hole has returned the following significant results: 20MS01 - 0.8m @ 13.32g/t Au from 75.9m includes 0.3m @ 33.4g/t Au, visible gold also evident in core. 20MS01 - 1.9m @ 0.57g/t Au from 80.5m. 20MS01 - 1.43m @ 0.72g/t Au from 89.8.5m. Recent sampling of the Dickenson Reef and remnant stope stockpiles in the historical workings has provided excellent results. The average stockpile grade for 150 tonnes of remnant stope ore is 6.79g/t Au, samples ranged from 0.01g/t to 47.6 g/t Au from 17 stockpile samples. A total of 19 wall samples collected with assay results ranging from 0.3g/t to 3140g/t Au, the most significant assay result returned 0.6m @ 3140g/t Au. AuStar Gold Limited would like to welcome Julian Geldard (Geologist), Emily Scott and Adrian Bandeira (Geotechnician) to the Mine and Exploration Geology Team at Morning Star Gold Mine to ramp up the mine and exploration projects commencing. The Geology and Mining teams continue to work together towards the goal of mining from multiple reefs and multiple levels. The team is currently looking at alternative plans for future development of the Morning Star Gold Mine, which includes the following: McNally Reef Extensions (7 Level); Stones Reef (Sub 8 Level); Maxwell Reef (Sub 8 Level); Remnant Whitelaw Reef extensions (6 Level); Dickenson Reef Extensions (4 Level); Age of Progress (2 Level). Mapping and sampling have commenced on 6 Level, which is interpreted to be Whitelaw Reef. A total of 62 samples were collected from Whitelaw Reef that returned the following assay results from 0.05g/t to 32.60g/t Au.