AuStar Gold Limited announced that, after an extensive process of review and commercial negotiations, a definitive Concentrate Sales Agreement has been concluded with MCC Non-Ferrous Trading, for the sale of the Company's high-grade concentrate product. The terms of the Agreement remain commercial-in-confidence, but represent realisation of a very attractive proportion of contained gold, at prevailing market prices, without any further costs or administrative obligations on the part of AuStar Gold beyond point of sale. The maiden shipment of concentrate, delivered to Shipment Port in late July, comprised 3,234kg (dry weight) of concentrates with an agreed average assay of approximately 1,800g/t gold. A provisional (part) payment of USD 228,000 (AUD 320,000) has recently been banked by the Company. By way of background, AuStar Gold entered into agreement to process the Company's concentrates product stream via a third party Intensive Leach Reactor (ILR), shortly after recommencing production in Morning Star in early 2019. For operational and commercial reasons, the Company began limiting concentrates treatment via ILR and has stockpiled this product stream on site for most of 2020. Further high-grade concentrates of approximately 1 tonne from prior periods, along with concentrate produced in July (and August), will be included within the planned August shipment.