Friday, 3rd June 2005 (2512 views)

NuStar Mining has announced that is has poured the first metal at its wholly-owned Paulsens underground mine.

The Australia-based explorer achieved production after a construction program which was completed on budget within a year.

In a statement NuStar said: "Plant performance is exceeding expectations, with stable operation at nameplate throughput already achieved."

Paulsens is expected to produce 80,000oz of gold annually over five years.

NuStar added that it was exploring for additional resources at its other tenement holdings in the region.

 

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