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