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

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.

Stockhead

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.

The Australian

• The Murchison is one of the best places in WA to explore for gold

• Competitive tension between major players Westgold and Ramelius puts toll treatment and takeovers on the agenda for juniors

• Caprice Resources is in the sweet spot, wedged between the fiefdoms of WGX and RMS

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.

Stockhead

• The Murchison is one of the best places in WA to explore for gold
• Competitive tension between major players Westgold and Ramelius puts toll treatment and takeovers on the agenda for juniors
• Caprice Resources is in the sweet spot, wedged between the fiefdoms of WGX and RMS

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.

The Australian

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.

Stockhead

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.

Stockhead

Star Minerals (ASX:SMS) has wrapped up a $1.6m placement as it moves to start drilling to boost resource confidence at Tumblegum South gold project.

Skillings Mining Review

Star Minerals (ASX:SMS) has completed a placement of $1.6 million to further progress its flagship Tumblegum South Gold Project in Western Australia.

In a two tranche placement, the company has received the remaining $850,000 following shareholder approval at its general meeting on 23 May 2025.

CPS Capital Group acted as the lead manager for the placement.

Now a strategic shareholder in Star Minerals, Bain Global Resources is associated with Indian mining contractor BGR Mining and Infra.

Kalkine Media

Star Minerals (ASX:SMS) completes two-tranche placement with support from a new strategic shareholder. Progress underway on mining approvals at Tumblegum South Gold Project in Western Australia. Drilling scheduled to commence in June.

Share Cafe

Funding advances Tumblegum South Gold Project towards 2026 production target.

The Australian

Star Minerals has completed the second tranche of a $1.6m placement as it prepares to carry out infill and extensional drilling at its Tumblegum South gold project near Meekatharra, Western Australia.

It also brings Indian private equity giant Bain Global Resources on the company’s register as a new strategic shareholder.

Gold Coast Bulletin

Star Minerals wraps up $1.6m placement as it moves to start drilling to boost resource confidence at Tumblegum South gold project.

Stockhead

• Star Minerals has completed a $1.6m placement to progress Tumblegum South towards production
• Company prepares to start infill drilling to upgrade resource confidence
• Extensional drilling will test similar structural targets to the northwest of the proposed pit

Mining.com.au

Star Minerals (ASX:SMS) has completed a placement of $1.6 million to further progress its flagship Tumblegum South Gold Project in Western Australia.

In a two tranche placement, the company has received the remaining $850,000 following shareholder approval at its general meeting on 23 May 2025.

CPS Capital Group acted as the lead manager for the placement.

Stockhead TV

Tylah Tully sits down with Star Minerals (ASX:SMS) managing director Ashley Jones to catch up on the company’s progression to mining in one of the great Australian gold regions.

The Advertiser

Tylah Tully catches up with Star Minerals managing director Ashley Jones on the company’s progression to gold mining.

NT News

Tylah Tully sits down with Star Minerals (ASX:SMS) managing director Ashley Jones to catch up on the company's progression to mining in one of the great Australian gold regions.

Herald Sun

Tylah Tully catches up with Star Minerals managing director Ashley Jones on the company’s progression to gold mining.

The Australian

Tylah Tully sits down with Star Minerals (ASX:SMS) managing director Ashley Jones to catch up on the company's progression to mining in one of the great Australian gold regions.

Bulls N' Bears

Star Minerals (ASX:SMS) has secured government approval to fire up the rigs at its 45,000-ounce Tumblegum South project 40km south of Meekatharra in WA.

Brisbane Times

Star Minerals has secured government approval to fire up the rigs at its 45,000-ounce Tumblegum South project 40km south of Meekatharra in WA.

The 3000-metre reverse circulation drilling program is slated to kick off in early June, dependent on rig availability and has set the stage for a high-impact drill campaign to upgrade confidence in the existing gold resource and potentially even extend it.

The West Australian

Star Minerals has secured government approval to fire up the rigs at its 45,000-ounce Tumblegum South project 40km south of Meekatharra in WA.

The 3000-metre reverse circulation drilling program is slated to kick off in early June, dependent on rig availability and has set the stage for a high-impact drill campaign to upgrade confidence in the existing gold resource and potentially even extend it.

MSN

Star Minerals is fast-tracking plans to mine its promising 45,000-ounce Tumblegum South gold project, 40 kilometres south of Meekatharra in Western Australia, after issuing 64 million new shares to raise $1.6 million in fresh cash.

NT News

Star is set to launch a drilling program in June at the Tumblegum South project, with ResourcesWA appointed to lead the mine approvals process.

• Star Minerals readies drilling at Tumblegum following approval from WA government

• A program will kick off in June to test additional high-grade lodes

• The mining approvals process is underway with ResourcesWA

Herald Sun

Star is set to launch a drilling program in June at the Tumblegum South project, with ResourcesWA appointed to lead the mine approvals process.

Infill drilling will be carried out on current resources at Tumblegum South while exploration drilling will test parallel structural targets to the northwest.

La-Velez

El director gerente de Star Minerals, Ashley Jones, dijo: “La perforación se dirigirá a los recursos inferidos con el objetivo de aumentar la confianza de los recursos de inferida a indicada en las áreas poco profundas definidas en el calendario de pozo de estudio de ámbito. La perforación extensional al NO de la ubicación del PIT propuesta evaluará las estructuras mineralizadas similares identificadas en la interpretación estructural magnética de Airborne”.

The Sydney Morning Herald

Star Minerals has secured government approval to fire up the rigs at its 45,000-ounce Tumblegum South project 40km south of Meekatharra in WA.

The 3000-metre reverse circulation drilling program is slated to kick off in early June, dependent on rig availability and has set the stage for a high-impact drill campaign to upgrade confidence in the existing gold resource and potentially even extend it.

The Daily Telegraph

Star is set to launch a drilling program in June at the Tumblegum South project, with ResourcesWA appointed to lead the mine approvals process.

The Australian

Special report: Star Minerals has received approval from the WA Government to begin drill testing high-grade lodes at the Tumblegum South project, which currently holds a 45,000oz contained gold resource.

Stockhead

Infill drilling will be carried out on current resources at Tumblegum South while exploration drilling will test parallel structural targets to the northwest.

The Australian

In the path to mine approval for the Tumblegum South gold project in WA, Star Minerals (ASX:SMS) has appointed ResourcesWA as a consultant. They will assist with all aspects of  the mine approval process, including environmental.

“At this time of robust gold prices, it is fantastic to have a resource on granted mining tenure that we can progress toward production,” Star Minerals MD Ashley Jones said. “Star Minerals’ goal is to transition to gold producer in early 2026, generating cash flows.”

Stockhead

In the path to mine approval for the Tumblegum South gold project in WA, Star Minerals (ASX:SMS) has appointed ResourcesWA as a consultant. They will assist with all aspects of  the mine approval process, including environmental.

“At this time of robust gold prices, it is fantastic to have a resource on granted mining tenure that we can progress toward production,” Star Minerals MD Ashley Jones said. “Star Minerals’ goal is to transition to gold producer in early 2026, generating cash flows.”

Paydirt

Star backed by Indian mining contractor - Page 23

Ashley Jones has been appointed Managing Director of Star Minerals - Page 27

Mining Technology

Star Minerals has signed a memorandum of understanding (MOU) with MEGA Resources, a subsidiary of Indian mining contractor BGR Mining & Infra, to advance the Tumblegum South gold project in Western Australia (WA).

The MOU focuses on collaboration around the mining approvals process and feasibility study inputs, as Star Minerals progresses the studies towards the approvals process.

The agreement also includes discussions on working capital inputs and profit sharing.

Australian Mining

Star Minerals and MEGA Resources have united to advance the Tumblegum South gold project in Western Australia.

The companies have signed a memorandum of understanding (MoU) to collaborate on the mining approvals process and feasibility study, with discussions also taking place regarding working capital and profit share.

Tumblegum South hosts a mineral resource of 616,000 tonnes at 2.28 grams per tonne of gold (g/t) with an indicated mineral resource of 337,000 tonnes at 2.52g/t gold.

Trading View

Reuters - Entered MOU with Bain Group and its Mining Entity MEGA Resources

The Courier Mail

Break it Down: Star’s shooting success at Tumblegum. Star Minerals strikes a deal with Indian powerhouse to bring its Tumblegum South gold project into production.

Herald Sun

Star Minerals strikes a deal with Indian powerhouse to bring its Tumblegum South gold project into production. 

Star Minerals (ASX:SMS) has struck a deal with Bain Group and its mining entity MEGA Resources at the Tumblegum South gold project.

The Australian

Star Minerals collaborates on gold production path. Star Minerals (ASX:SMS) has struck a deal with Bain Group and its mining entity MEGA Resources at the Tumblegum South gold project.

Stockhead

Star Minerals (ASX:SMS) has struck a deal with Bain Group and its mining entity MEGA Resources at the Tumblegum South gold project.

The MoU will see the two companies collaborate on mining approvals and feasibility study inputs as Star works to bring the project into production. 

The Age

Armed with a master’s degree in applied finance from London’s renowned Imperial College and a geology degree, newly minted Star Minerals managing director Ashley Jones will now look to lead the company’s 45,000 ounce Tumblegum South gold project into production via toll treating.

The recently appointed Jones says he will be focussing on getting Star into early cashflows via Tumblegum South in WA’s Mid West region, in addition to seeking out new opportunities for the company.

Business News

Star Minerals Ashley Jones has been appointed managing director of Star Minerals. 

Herald Sun

Star Minerals has appointed a new managing director as it looks to advance its core WA gold project towards development.

New managing director Ashley Jones has more than 20 years of experience in feasibility level mining projects.

The Australian

New managing director Ashley Jones has more than 20 years of experience in feasibility level mining projects. 

• SMS promotes Ashley Jones to managing director, an experienced mine manager

• Move set to advance development of Tumblegum South gold project

• Company recently raised $1.6m and scored new strategic investor

Stockhead

• SMS promotes Ashley Jones to managing director, an experienced mine manager
• Move set to advance development of Tumblegum South gold project
• Company recently raised $1.6m and scored new strategic investor

The West Australian

Armed with a master’s degree in applied finance from London’s renowned Imperial College and a geology degree, newly minted Star Minerals managing director Ashley Jones will now look to lead the company’s 45,000 ounce Tumblegum South gold project into production via toll treating.

The recently appointed Jones says he will be focussing on getting Star into early cashflows via Tumblegum South in WA’s Mid West region, in addition to seeking out new opportunities for the company.

Mercury

Star Minerals has appointed a new managing director as it looks to advance its core WA gold project towards development.

• SMS promotes Ashley Jones to managing director, an experienced mine manager

• Move set to advance development of Tumblegum South gold project

• Company recently raised $1.6m and scored new strategic investor

Bulls n' Bears

Experienced mining executive and Star Minerals director Ashley Jones has taken the reins as the company’s new managing director.

Armed with a master’s degree in applied finance from London’s renowned Imperial College and a geology degree, newly minted Star Minerals (ASX: SMS) managing director Ashley Jones will now look to lead the company’s 45,000 ounce Tumblegum South gold project into production via toll treating.

The Sydney Morning Herald

Armed with a master’s degree in applied finance from London’s renowned Imperial College and a geology degree, newly minted Star Minerals managing director Ashley Jones will now look to lead the company’s 45,000 ounce Tumblegum South gold project into production via toll treating.

Mining Weekly

Exploration and development company Star Minerals has appointed Bryah Resources CEO Ashley Jones as MD with effect from Tuesday.

“Ashley has been a director of Star Minerals for the past four years and has brought a wide breadth of commercial and technical knowledge to the company. I am looking forward to seeing him develop our Tumblegum South gold project towards production and building value for our shareholders,” commented Star Minerals chairperson Ian Stuart.

Townsville Bulletin

Star Minerals’ Ashley Jones joins Barry to talk about getting to small-scale pit production and what lies beyond.

The Australian

Mining giant backs Murchison gold junior. Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. 

In this episode, Barry FitzGerald speaks to Star Minerals (ASX:SMS) non executive director Ashley Jones about the company's exciting Tumblegum South project near Meekatharra in Western Australia.

Stockhead

Mining giant backs Murchison gold junior. Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast.

In this episode, Barry FitzGerald speaks to Star Minerals (ASX:SMS) non executive director Ashley Jones about the company’s exciting Tumblegum South project near Meekatharra in Western Australia.

The Australian

Long Shortz with Star Minerals: Taking Tumblegum gold to production

Star rises for Meekatharra gold mining

Stockhead

Gold Coast Bulleting

Star Minerals (ASX:SMS) continues to advance its Tumblegum South project as the gold price reaches new record highs.

Geelong Advertiser

Star Minerals (ASX:SMS) continues to advance its Tumblegum South project as the gold price reaches new record highs.

MarketOpen

Joining the podcast today is Ashley Jones, Director of Star Minerals Limited (ASX: SMS). Star Minerals is focused on advancing the Tumblegum South Gold Project and exploring new opportunities in Western Australia’s gold sector. Ashley will take us through the company’s strategy, recent developments, and the market dynamics shaping the company’s growth. We’ll also discuss the significance of their latest capital raise, upcoming milestones, and how Star Minerals is positioning itself for long-term success.

MarketOpen

In this exclusive interview, we sit down with Ashley Jones, Director of Star Minerals Limited (ASX: SMS), to discuss the company’s vision and latest developments.

🚀 Topics Covered:

✔️ Company Focus: An overview of Star Minerals and its position in the gold exploration sector.

✔️ Recent Highlights: Insights into the recent $1.6M capital raise and the strategic investment from Bain Global Resources.

✔️ Market Opportunity: How Star Minerals is leveraging strong gold prices and positioning for growth.

✔️ Future Vision: Key milestones and what’s next for the Tumblegum South Gold Project.

📈 Don’t miss this deep dive into one of Australia’s emerging gold developers!

Townsville Bulletin

Star Minerals is welcoming $1.6m and a new strategic investor to the register to advance its Tumblegum South gold project.

Even smaller players have been able to make tidy sums through record gold prices.

The Courier Mail

Star Minerals is welcoming $1.6m and a new strategic investor to the register to advance its Tumblegum South gold project.

The Australian

Star Minerals (ASX:SMS) received firm commitments for the placement to work on Tumblegum South and look at other opportunities, with Indian private equity giant Bain Global Resources taking part as a new strategic shareholder.

It’s the latest move the cashed-up investor has made in the WA junior gold space, and could lead to further support down the line like Bain has given to Rumble Resources and Legacy Iron Ore.

There’s already a 45,000oz contained gold resource in place on a granted mining lease at Star’s Tumblegum South, which the company believes can be swiftly brought into production.

Stockhead

• Star Minerals’ $1.6m raising to advance Tumblegum South towards a decision to mine
• Bain Global Resources joins in as a welcome strategic investor
• Company believes gold resource on a granted mining lease can be quickly monetised

The West Australian

Star Minerals is fast-tracking plans to mine its promising 45,000-ounce Tumblegum South gold project, 40 kilometres south of Meekatharra in Western Australia, after issuing 64 million new shares to raise $1.6 million in fresh cash.

The decision to press the go button on Tumblegum South was prompted in large part by the strong recent interest from exploration companies and mining contractors wishing to partner with the company to monetise the asset at a time of all-time high gold prices.

As part of the capital raising, Star attracted BGR Mining and Infra Limited - one of India’s largest mining contractors - to its register. Management says that as a strategic investor BGR has been lured by the economics of the project against a backdrop of a buoyant metal price.

Tip Ranks

• Star Minerals focuses on gold and copper exploration and development.
• Updated scoping study for Tumblegum South indicates funding needs and potential strategies.

Tip Ranks

• Star Minerals raised $1.6 million to fund Tumblegum South Gold Project.
• Bain Global Resources’ investment strengthens Star Minerals’ market position.

Sharecafe

Strategic investment to accelerate Tumblegum South gold project development and exploration.

The Age

Star Minerals is fast-tracking plans to mine its promising 45,000-ounce Tumblegum South gold project, 40 kilometres south of Meekatharra in Western Australia, after issuing 64 million new shares to raise $1.6 million in fresh cash.

The decision to press the go button on Tumblegum South was prompted in large part by the strong recent interest from exploration companies and mining contractors wishing to partner with the company to monetise the asset at a time of all-time high gold prices.

Sydney Morning Herald

Star Minerals is fast-tracking plans to mine its promising 45,000-ounce Tumblegum South gold project, 40 kilometres south of Meekatharra in Western Australia, after issuing 64 million new shares to raise $1.6 million in fresh cash.

The decision to press the go button on Tumblegum South was prompted in large part by the strong recent interest from exploration companies and mining contractors wishing to partner with the company to monetise the asset at a time of all-time high gold prices.

Market Screener 

The West Australian

Riding the wave of soaring gold prices, Star Minerals has revealed plans to fast-track the development of its Tumblegum South gold project, 40 kilometres south of Meekatharra in Western Australia.

Backed by a granted mining license, the company is pushing forward with environmental approvals at the site while exploring third-party mining and toll treatment options.

The Sydney Morning Herald 

Riding the wave of soaring gold prices, Star Minerals has revealed plans to fast-track the development of its Tumblegum South gold project, 40 kilometres south of Meekatharra in Western Australia.

Mining.com.au

Star Minerals (ASX:SMS) is progressing environmental approvals of the Tumblegum South Gold Project in Western Australia, which will support the monetisation of the asset. 

Stockhead

Sarah Hughan takes a closer look at Star Minerals (ASX:SMS), who is established in highly prospective regions with the clear aim of delivering resource growth and advancing a strategic portfolio of uranium, gold, and copper projects.

The Sydney Morning Herald 

Star Minerals shareholders have voted through the company’s proposed joint venture (JV) agreement to earn up to 85 per cent of the Cobra uranium project in the world-class Erongo district of Namibia.

The West Australian

Star Minerals shareholders have voted through the company’s proposed joint venture (JV) agreement to earn up to 85 per cent of the Cobra uranium project in the world-class Erongo district of Namibia.

In this video, Star Minerals Director Ashley Jones shares exciting updates on the company’s strategic direction. Discover how the Cobra Uranium Project fits into Star Minerals' growth plans, leveraging rising global demand for clean energy. Ashley also discusses the benefits of the upcoming rights issue for shareholders and why the timing is right to advance a uranium project like Cobra. Additionally, learn about the latest progress at Tumblegum South, including positive scoping study results and plans for an 18-month mining campaign. Don’t miss these key insights into what’s next for Star Minerals!

The Australian

Following the announcement of the farm-in and joint venture to acquire up to 51% of the project from the Canadian listed company last Thursday, Star Minerals (ASX:SMS) is now planning to upgrade the project’s resource estimate.

Energy Capital & Power

Stockhead TV

Star Minerals’ non-executive director Ashley Jones joins Sarah Hughan to talk about the company’s agreement for the Cobra uranium project in Namibia.

AZO Mining 
Madison Metals Inc. ("Madison" or the "Company") announced that it has reached a legally binding agreement with Star Minerals Limited, a well-managed Australian public company, to acquire Exclusive Prospecting Licence 8531 (also known as the "Cobra Uranium Project") at Madison North, which is close to the renowned Rossing Uranium Mine in the Erongo Uranium Province, Namibia.

Mining Technology 

The deal will enable Star Minerals to earn up to a 51% stake in Pennywort, holder of EPL 8531, which comprises the Cobra project.

The Sydney Morning Herald 

Star Minerals has leapt at the chance to buy up to an 85 per cent stake in the Cobra uranium project in Namibia from Canadian-listed Madison Metals, in a strategic pivot into the heavy metal’s booming sector.

Listen to ASX-listed Star Minerals Director Ashley Jones talk to Matt Birney on the Bulls N’ Bears Report about Star’s brand new uranium project that already has a solid uranium endowment and at least 11 early drill targets that look very interesting.

The Sydney Morning Herald

Star Minerals has leapt at the chance to buy up to an 85 per cent stake in the Cobra uranium project in Namibia from Canadian-listed Madison Metals, in a strategic pivot into the heavy metal’s booming sector.

The Australian Business Review 

Special Report: Star Minerals has entered into a binding agreement with Madison Metals (CSE:GREN) for a farm-in and joint venture to acquire up to 51% of the Cobra uranium project in Namibia.

3AW Melbourne Radio 

Listen to ASX-listed Star Minerals Director Ashley Jones talk to Matt Birney on the Bulls N’ Bears Report about Star’s brand new uranium project that already has a solid uranium endowment and at least 11 early drill targets that look very interesting.

Stockhead

Under the agreement, Star Minerals (ASX:SMS) can spend US$3.95m over three years (US$2.425m on exploration) to advance the project in addition to staged progress payments to Madison to earn 51% of the project.

Bulls N' Bears  

Star Minerals has leapt at the chance to buy up to an 85 per cent stake in the Cobra uranium project in Namibia from Canadian-listed Madison Metals, in a strategic pivot into the heavy metal’s booming sector.

Stockhead

An update to the scoping study released in its quarterly yesterday has pegged SMS’ Tumblegum South gold project near Meekatharra, WA, to produce a shotgun single mining campaign producing 11,000oz to 15,900oz of gold.

Proactive Investors 

Star Minerals Ltd (ASX:SMS) CEO Greg Almond tells Proactive about the broad and shallow high-grade gold struck during reconnaissance drilling at the recently optioned Star of the East Project in the Murchison region of Western Australia.

Proactive Investors 

The one to watch
Star Minerals justifies Star of the East assessment with shallow high-grade gold

CEO Greg Almond tells Proactive about the broad and shallow high-grade gold struck during reconnaissance drilling at the recently optioned Star of the East Project in the Murchison region of Western Australia.

Mining.com.au

Leveraging its commercial relationships, the company says it was able to quickly execute the planned drilling program consisting of 7 holes for 283m in September 2022 and submit its samples, with the results returned this month.

The Market Herald 

Star Minerals (SMS) has returned high-grade gold assay results from its phase one drilling program at the Star of the East project in Western Australia.

The company received results from its reconnaissance gold drilling campaign, which aimed to test historical data.

Financial Post 

Star Minerals Ltd (ASX:SMS) has struck broad shallow high-grade gold during reconnaissance drilling at the recently optioned Star of the East Project in the Murchison region of Western Australia, confirming the mineralisation in historical drilling and mining data.

Market Screener

Results from reconnaissance drilling include 8 meters at 14.2 grams per tonne of gold and 1 meter at 80.9 g/t of gold within a larger interval of 14 meters at 8.3 g/t of gold from 15 meters, according to a Tuesday news release.

Stockhead 

Gold mineralisation was confirmed at “Star of The East” through assay results from Phase-1 drilling, designed to test historical data. The Phase-1 drilling assays include: 14m @ 8.3g/t Au, and 6m @ 4.95g/t Au.

Star Minerals

“The assays confirm our initial assessment of Star of the East and further support our decision to sign the option agreement to gain access to this gold deposit," Star Minerals Ltd (ASX:SMS) CEO Greg Almond said.

Grafa

(ASX:SMS) has received fantastic assay results from its reconnaissance gold drilling campaign at the Star of the East project.

Investing News Network 

Star Minerals Limited (ASX: SMS, “the Company” or “Star Minerals”) is pleased to advise that it has received the assay results from its reconnaissance gold drilling campaign at the “Star of the East” project.

Proactive Investors 

“The assays confirm our initial assessment of Star of the East and further support our decision to sign the option agreement to gain access to this gold deposit," Star Minerals’ CEO Greg Almond said.

Market Open

Star Minerals has confirmed 14 meters of gold at 8.3g/t from its reconnaissance gold drilling campaign at its Star of the East project in Western Australia’s historic Murchison Region.

The Company said the high-grade gold assay results, including an instance of 14.2g/t over 8m, confirm the interpretation of geology and broad, shallow gold intercepts at the project, which is under option.

Business News 

Investing News Network 

Star Minerals Ltd (ASX:SMS) has further aligned the location of its board with its Western Australian focus through the appointment of experienced geologist Gemma Lee as an independent non-executive director.

Investing News Network 

Star Minerals Limited (ASX: SMS, “the Company” or “Star Minerals”) is pleased to advise that it has mobilised to site and commenced an initial Reverse Circulation (RC) drilling program to explore the potential gold mineralisation and add to the Company’s knowledge of the geology and grade characteristics of its recently optioned Star of the East gold project.

Proactive Investors 

Star Minerals Ltd (ASX:SMS) has begun initial reconnaissance drilling at the recently optioned Star of the East Project, seeking to identify gold mineralisation based on historical drilling and mining data.

Proactive Investors 

Star Minerals Ltd (ASX:SMS) CEO Greg Almond chats with Proactive’s Andrew Scott about the third stage of resource definition drilling underway at Tumblegum South Gold Project in Western Australia.

Finance News Network 

A snapshot of the stocks on the move featuring Lynas Rare Earths (ASX:LYC), Star Minerals Star Minerals (ASX:SMS) and Platina Resources (ASX:PGM).

Share Cafe

Star Minerals (ASX:SMS) today advised that it has received the assay results from its Phase 2 drilling campaign that was undertaken in anticipation of fast tracking its knowledge of the geology and grade characteristics of its Tumblegum South gold project.

Stockhead 

SMS is now updating the 42,500oz resource at the WA-based project for a scoping study.

Assay results from phase-2 resource definition drilling confirm the continuation and extension of geology, as well as grade of course at Tumblegum South with hits including 4m at 16.8g/t gold, 3m at 14.74g/t gold, 4m at 8.23g/t gold, and 6m at 3.03g/t gold.

Proactive Investors 

“The results confirm the tonnage and grade information that we have for Tumblegum South, and will provide more information for an updated resource model as we progress our strategy to develop, mine and monetise this asset,” said CEO Greg Almond.

Market Screener 

Star Minerals Enters Option Deal to Acquire Historical Gold Mine

Proactive Investors 

Star Minerals Ltd (ASX:SMS) is aiming to bolster its gold portfolio with a proposed new acquisition.

The explorer has inked an option agreement that puts it in line to pick up the ‘Star of the East’ gold camp, a precious metal deposit in WA’s Murchison region.

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.

The Market Herald 

Star Minerals (SMS) launches a stage two definition drilling program at its Tumblegum South gold project in Western Australia

Proactive Investors 

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

• Shree Minerals’ most advanced project is the small ‘Nelson Bay’ iron ore asset in Tassie
• Star Minerals sets ambitious goal of starting gold mining within 12 months of completing IPO
• Mayur Resources is building a couple of iron and industrial sands, cement and lime projects in PNG

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.

Proactive

• Star has two projects in Western Australia - Tumblegum South and the West Bryah Project.
• Star’s current focus is on gold at Tumblegum South, but there is also significant copper potential on the lease.
• Initial assay results from the first phase of drilling at Tumblegum South shows continuation of geology and grade from earlier drilling.
• The company is also continuing with the early-stage planning work for the West Bryah Project.

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

• Star Minerals shares closed 7.5% higher on ASX debut.
• The gold explorer raised AU$5 million in its oversubscribed IPO.
• The company issued 25 million shares at an offer price of 20 cents.

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]

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.

Business News [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.

Small Caps

Small Caps’ upcoming IPOs page offers investors a preview of companies that are currently planning to list on the ASX (Australian Stock Exchange) and access to live deals. We include details of the IPO (Initial Public Offering) including company name, ASX code, issue price, capital sought and more. Investors can also view and track the performance of companies that have recently listed.

StockBox

Star Minerals CEO Greg Almond introduces the company ahead of their IPO [audio interview]

Mining News

STAR Minerals has struck a series of deals, including with Bryah Resources and Bryah’s original parent Australian Vanadium, it believes are sufficient to get it listed, and help fund development of the small Tumblegum South deposit.

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.

Proactive

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.