Corporate Overview

Star Minerals, through its mining contractor MEGA Resources, is undertaking mining at the Tumblegum South Gold Project, with the first gold pour anticipated in the second half of 2026. Free cashflow will capitalise on gold prices sitting significantly higher than the prices used in the Company's Updated Scoping Study. Gold toll treatment of the mined material will be undertaken by Forrestania Resources at its Edna May Gold Mill.

In addition, Star Minerals is investigating ways to grow its business by:

• acquisition, application, or joint venturing into areas surrounding and adjacent to the projects; and
• acquisition, application, or joint venturing into other, unrelated but economically attractive projects compatible with Star Minerals' goals and capabilities.