The West Australian
Forrestania Resources has declared its takeover bid for Zenith Minerals unconditional after securing a controlling 58.99 per cent stake, clearing the way for a bigger WA gold business. The move positions Forrestania to fold Zenith’s assets into its hub-and-spoke gold strategy centred on Edna May and Lake Johnston. In a separate development, the company has also secured 400,000 tonnes of ore feed from Star Minerals’ Tumblegum gold mine, near Meekatharra.
Australia's Mining Monthly
Up to 400,000t will go through the Edna May mill over two years
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The Age
MiningNews.net
Geraghty going great distances to feed Edna May.
Australian Mining
Forrestania Resources has signed a 24-month deal to buy and process up to 400,000 tonnes of ore from Star Minerals’ Tumblegum South gold project at its Edna May plant.
Under the ore purchase agreement, Forrestania will arrange and pay for the haulage of Star’s stockpile, about 84,000 tonnes sitting on the run-of-mill pad, in batches of at least 50,000 tonnes. Star will pay a one-off $50,000 plant access fee. The agreement has a cap on total tonnes, minimum and maximum campaign sizes, and no conditions precedent.
Highlights
Star Minerals Limited (ASX: SMS, “the Company” or “Star Minerals”) has signed an Ore Purchase Agreement (OPA) with Forrestania Resources Ltd (ASX: FRS) for up to 400kt of mill feed from the Tumblegum South Gold Project to be processed at the Edna May processing facility. Star Minerals currently has ~84kt of material stockpiled on the run of mill (ROM) pad. Forrestania Resources will be responsible for the transportation of the material to the processing facility.
Managing Director, Ashley Jones commented: “We are delighted to be working with Forrestania Resources to achieve processing of our material this quarter and look forward to our first gold pour.”
Under the OPA, Forrestania Resources will arrange and pay for ROM stocks to be delivered from the Tumblegum South Gold Project to its Edna May facility in batches of no less than 50kt. Haulage is scheduled to commence on Friday 23 October.
Key terms of the OPA are:
The Company notes that the Edna May facility is located approximately 30km from its new Merredin gold exploration project, which may offer future processing optionality as that project advances.¹
Star Minerals looks forward to providing further updates on delivery and processing, including the first gold pour, in due course.
¹See ASX announcement dated 26 June 2026 ‘Star Minerals Secures Large New Gold Exploration Project in WA’
The Sydney Morning Herald
Brisbane Times
Middle
Star Minerals has secured a 24-month Ore Purchase Agreement with Forrestania Resources for up to 400,000 tonnes of Tumblegum South mill feed. Haulage of the first batch is scheduled to begin on 23 October, putting the company’s planned first gold pour closer to an operational test.
Star Minerals has completed mining to 445mRL at Tumblegum South, with mineralised material stockpiled and awaiting transport to the mill. The next test is whether drilling, processing and a cash balance covering an estimated 2.09 quarters can carry the project into production.
