AuStar Gold: AuStar inks concentrate deal

Junior AuStar Gold has inked a definitive concentrate sales agreement with New York based metals trading house MCC Non-Ferrous Trading for the sale of high-grade concentrate product. AuStar told shareholders that the terms of the agreement remained commercial-in-confidence, but represented realization of a 'very attractive' proportion of contained gold at prevailing market prices, without any further costs or administrative obligations on the part of AuStar beyond the point of sale.