Proactive
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.
Stockhead
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.
Midwest Times [subscription]
Bryah Resources’ gold and copper spin-off Star Minerals has enjoyed a solid start to life as a publicly listed company.
Star was trading at 21.5¢ at 11am, up 7.5 per cent on its 20¢ issue price after raising $5 million in an oversubscribed initial public offering.
Star houses the Tumblegum South project, which hosts an inferred resource of 42,500oz upon a granted mining licence near Meekatharra.
Kalkine Media
MiningNews.net [subscription]
STAR Minerals CEO Greg Almond finally got to witness the company’s market debut today, after a few false starts, following the company's successful A$5 million raising.
Global Mining Review
Perth-based Star Minerals, a gold explorer, is set to launch on the Australian Securities Exchange (ASX) with AUS$5 million.
The West Australian [subscription]
Four Western Australian explorers are preparing to list on the ASX, having launched initial public offerings to raise a combined $34 million.
Mining.com
Western Australia-based Star Minerals is close to launching an initial public offering (IPO) with the goal of funding the development of the advanced Tumblegum South gold project.
