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
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.
“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.
Star Minerals (SMS) launches a stage two definition drilling program at its Tumblegum South gold project in Western Australia
Star Minerals Ltd (ASX:SMS) has started Stage 2 resource definition drilling at its Tumblegum South Gold Project 40 kilometres south of Meekatharra, WA.
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.