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Herald Sun
Star Minerals (ASX:SMS) reports first mineralisation has been blasted and mined at Tumblegum South as the company progresses toward gold production.
Star Minerals (ASX:SMS) has hit a key milestone at its Tumblegum South Gold Project, successfully blasting and mining its first mineralised ore, with stockpiles now building ahead of processing at Catalyst Metals’ Plutonic mill.
The move marks the start of the project’s transition towards cash flow generation, with mining and haulage activities ramping up in the coming weeks.
The Australian
Star Minerals mines first blast of gold mineralised material at its Tumblegum South project
Ore being stockpiled for transportation to Catalyst Metal’s Plutonic mill for processing
Mining and haulage activities to ramp up over the coming weeks alongside optimisation activities
Mercury
Star Minerals (ASX:SMS) has hit a key milestone at its Tumblegum South Gold Project, successfully blasting and mining its first mineralised ore, with stockpiles now building ahead of processing at Catalyst Metals' Plutonic mill.
The move marks the start of the project's transition towards cash flow generation, with mining and haulage activities ramping up in the coming weeks.
The Courier Mail
Corporate Storytime
The Meet Up - May Newsletter
Star Minerals Limited (ASX: SMS) is now moving dirt. That’s an important difference. Because once mining activity actually starts…the story changes.The Shift From Planning To ExecutionAt the Tumblegum South Gold Project, SMS has now:
Mining.com.au
Star Minerals (ASX:SMS) has begun exploration at the Tumblegum South Gold Project, which it acquired from Albright Metals (ASX:ABR), marking a milestone in the 2021 sale of the project.
Star Minerals has issued 4 million shares to Albright following the start of mining operations at Tumblegum South.
Albright CEO Greg Hill says the shares add to the company’s liquid assets, which can help fund exploration and development activities at the Golden Pike Project.
“The team at Star Minerals is to be commended for bringing the Tumblegum South Gold Project into production at a time of historically high gold prices,” Hill says.