Stockhead
Star Minerals (ASX:SMS) has kicked off an extensional drilling program at its Tumblegum South gold project, targeting potential pit extensions.
The 15-hole campaign will test mineralisation down plunge and along strike following shallow high-grade hits in 2025 drilling, including 2m at 4.2g/t gold from 4m in a western step-out hole.
Stocks Down Under
Star Minerals is focused on the Tumblegum South Gold Project. Tumblegum South is planned as a near-term, open-pit gold mine feeding into existing processing facilities via toll-treatment arrangements rather than requiring the construction of a dedicated standalone processing plant. This approach significantly reduces upfront capital expenditure and accelerates the timeline to cashflow compared with traditional greenfields builds. Regulatory approvals, including mining approval from the Government of Western Australia, have been received, which clears key hurdles prior to mining commencement.
Kristie Batten: Gold developer Star gets the Catalyst it needed
The Advertiser
Star Minerals has secured a deal with Catalyst Metals that puts its Tumblegum South gold project in WA on a path to production.
The Australian
Star Minerals processing deal is a Catalyst for gold production at Tumblegum South.
In the past two weeks, Star Minerals (ASX:SMS) has answered the main question the market’s been asking.
Last month, the company locked in a processing solution for its Tumblegum South gold project in Western Australia via an agreement with ASX 200 producer Catalyst Metals (ASX:CYL).
One of Australia’s top mining journalists, Kristie Batten, writes for Stockhead every week in her regular column, keeping a watchful eye on the movers and shakers of the small cap resources scene.
Star Minerals (ASX:SMS) says conditions for its Right to Mine agreement at the Tumblegum South gold project have been met, advancing the asset toward mining.
The company has completed grade control drilling and signed a toll milling deal with Catalyst Metals, unlocking both its mining approval and treatment pathway as it moves toward first-quarter operations.
MarketOpen
KEY FACTS • Conditions satisfied for Right to Mine Agreement at Tumblegum South • Toll treatment agreement executed with Catalyst Metals • Grade control drilling completed at Tumblegum South • Mining Approval received from Government of Western Australia • Updated Production Target 167kt to 255kt producing 11.8koz to 15.9koz
The Globe and Mail
Star Minerals Ltd. will host a live investor briefing webinar on 24 February 2026, where Managing Director Ashley Jones will provide an update on the company and take questions from shareholders, investors and media. The session, which will run for 30 minutes and be made available as a replay, is intended to deepen engagement with stakeholders as the company advances its Tumblegum South Gold Project towards near-term production, underpinned by robust economics at a wide range of gold prices and recently secured development and processing agreements.
