The Market Herald
Star Minerals (SMS) has completed its stage two resource definition drilling program at its Tumblegum South Gold Project in Western Australia.
Proactive Investors
“We are pleased to have successfully completed the recent phase of drilling at Tumblegum South and are eagerly awaiting assay results, with encouraging visibility in the drill samples obtained,” Star Minerals’ CEO Greg Almond.
Star Minerals (SMS) launches a stage two definition drilling program at its Tumblegum South gold project in Western Australia
Star Minerals Ltd (ASX:SMS) has started Stage 2 resource definition drilling at its Tumblegum South Gold Project 40 kilometres south of Meekatharra, WA.
Stockhead
Proactive
Star Minerals Ltd (ASX:SMS)’s Greg Almond discusses the company's ASX-listing and first drilling program completed at the Tumblegum South, which already holds an inferred maiden mineral resource of 600,000 tonnes at 2.2g/t gold. The company says there is also notable copper potential on the lease, and additional drilling will work toward an updated mineral resource.
Star Minerals Ltd (ASX:SMS)'s CEO Greg Almond provides an update on the company's flagship Tumblegum South gold-copper property, where it's just wrapped up the first phase of a drilling program. He says the initial campaign started out strong, with the coming assays to inform the next stage of exploration at the mine-ready project.
On the IPO front, scheduled to list today is Star Minerals (ASX:SMS), a mineral explorer that has raised $4m at 20c.
Star Minerals already has an inferred resource of 600,000t grading 2.2 grams per tonne (g/t) gold for 42,500oz of contained gold at Tumblegum South.
Business News [subscription]
The Australian Stock Exchange welcomed WA's latest gold debutant Star Minerals to its boards this morning following a $5 million IPO.