Herald Sun
Star Minerals has secured mining approval for its Tumblegum South gold project, setting the stage for production early next year.
Stockhead
Host Tylah Tully sits down with Star Minerals (ASX:SMS) managing director Ashley Jones to discuss the major milestones it's made – the latest being securing mining approval for its Tumblegum South gold project, setting the stage for production as early as Q1 next year.
Watch the video to learn more.
The Chronicle
Mining approval is now in hand for Star Minerals’ Tumblegum South Gold Project in WA’s Mid West, putting the company on a clear path to break ground.
The Australian
Star Minerals has received mining approval from the WA Department of Mines for its Tumblegum South gold project
Plans are progressing quickly for grade control drilling
Mining will begin in Q1 2026
Mining approval is now in hand for Star Minerals’ (ASX:SMS) Tumblegum South project
For junior exploration companies, the leap into production is a defining moment.
It signifies the transition from discovery of a high potential deposit to the unlocking of its commercial value through extraction and sales.
Star Minerals (ASX:SMS)
Also benefitting from a MEGA Resources deal is SMS, which is aiming for production at the Tumblegum South project in WA's Bryah Basin. It has a contained gold resource of 45,000oz on a granted mining lease, something which accelerates the pathway to production given the time it takes for WA's mines department to approve the conversion of an exploration licence.
These juniors have their eye on near-term production to unlock the commercial value of their gold projects.
Also benefitting from a MEGA Resources deal is SMS, which is aiming for production at the Tumblegum South project in WA’s Bryah Basin. It has a contained gold resource of 45,000oz on a granted mining lease, something which accelerates the pathway to production given the time it takes for WA’s mines department to approve the conversion of an exploration licence.
Inspenet
A new strategic alliance launches gold mining at Tumblegum South, with financial and operational support guaranteed. Star Minerals Limited has entered into a Right to Mine Agreement with MEGA Resources and Bain Global Resources to commence mining at the Tumblegum South gold project, with financial support guaranteed.
SuperMetalPrice
Star Minerals Advances Tumblegum South Gold Project with New Agreement
Star Minerals drives fresh momentum with MEGA Resources and Bain Global Resources. The company aims to accelerate development in Western Australia while reducing reliance on equity dilution and high-risk debt.
Star Minerals has forged a path to gold production at the Tumblegum South project in WA through a right to mine agreement with MEGA Resources and significant shareholder Bain Global Resources.
Under the agreement, Bain – the financial arm of MEGA – will provide working capital of up to $20 million, reducing the need for funding through share dilution and higher risk debt structures, to fund all grade control drilling and production to first revenue.
MEGA Resources will fund and provide mining, extraction and haulage services at Tumblegum South with mining expected to start in Q1 2026.
