Proactive
Partners Australian Vanadium and Bryah Resources are also progressing with the proposed spin-off of Star Resources that holds a non-core gold exploration asset.
Australian Vanadium Limited will keep a close watch on an aircore drilling program conducted with partner Bryah Resources Ltd (ASX:BYH) at the Gabanintha Project in WA primarily targeting nickel-copper-gold-PGE and additional critical metals.
Greg Almond, CEO of soon-to-be-listed Star Minerals, introduces the gold explorer to Proactive's Andrew Scott. Its flagship asset is Tumblegum South in Western Australia which has an existing resource estimate totalling 600,000 tonnes at a grade of 2.2 g/t Au.
6PR - Bulls N' Bears
Listen to soon-to-be-listed Star Minerals CEO, Greg Almond, talk to Matt Birney on the Bulls N’ Bears Report about Star’s upcoming ASX listing of its gold projects in the north of WA.
Stockhead
Star Minerals has set itself the ambitious goal of starting gold mining within 12 months of completing its planned initial public offering.
While most new resource plays start with prospective ground and are lauded for starting exploration right off the bat, the company isn’t satisfied with just remaining an explorer and has set itself some lofty goals.
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.
