Stockhead
Star Minerals (ASX:SMS) has polished off a 2033-metre, 38-hole drilling program at the Tumblegum South gold project, on time and within budget.
The infill drilling data from the program will be used for a resource estimate upgrade, and will also provide insights on structural targets to the northwest with potential to hold more gold mineralisation.
The Sydney Morning Herald
Star Minerals has fired up the drill rigs at its flagship Tumblegum South gold project, 40-kilometres south of Meekatharra in Western Australia, as it looks to prove up the asset’s near-term production potential.
The 3000-metre reverse circulation (RC) drilling program, which kicked off this week, aims to bolster the project’s already compelling economics by upgrading the gold gaps and chasing high-grade gold lodes to extend the project’s mine life.
The Daily Telegraph
Star Minerals is attempting to grow its Tumblegum South project resource with the goal of bringing the project into production.
Stockhead’s Tylah Tully unpacks the latest from Star Minerals (ASX:SMS), as it endeavours to grow the gold resource at its Tumblegum South gold project.
Star is testing for more high-grade lodes that could add to the resource and bolster the potential mine life.
Watch the video to learn more.
The Australian
Also shy of a bit of news this week, $4m capped Star is nonetheless moving forward with studies to mine its small Tumblegum South project in the Murchison.
Drilling was poised to start this month under a drill for equity deal with Impact Drilling to test extensional targets and infill drilling within a $3800/oz pit boundary at Tumblegum South.
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Star Minerals (ASX:SMS) is also aiming to become a small-scale gold producer at its Tumblegum South project, with India's Bain Global Resources on board as a strategic investor. With the Indian mining contractor's help it wants to bring Tumblegum South into production in early 2026.
Star Minerals (ASX:SMS) is also aiming to become a small-scale gold producer at its Tumblegum South project, with India’s Bain Global Resources on board as a strategic investor. With the Indian mining contractor’s help it wants to bring Tumblegum South into production in early 2026.
Star Minerals (ASX:SMS) has inked a drill for equity agreement with Impact Drilling, contracting them to undertake a drilling program at the Tumblegum South gold project in WA.
Under the agreement up to 25% of the direct drilling costs will be paid in SMS shares, with the program designed to test for extensions of structural gold targets and infill the current pit boundary.
