Bulls N' Bears
Indian resources financier Bain Global boosted its stake in Star Minerals to 8.18% as the company pushes forward with plans to mine its Tumblegum South gold deposit, near Meekatharra in Western Australia, containing 45,000 ounces.
The Australian
Star Minerals continued to shine on drilling results from its Tumblegum South project, hitting high grades including 5m at 30.91g/t from 21m in shallow close-spaced infill drilling at the Mid West deposit.
Star is one of a number of ASX players aiming to get into cashflow quick with small-scale gold operations via toll treatment arrangements.
Stockhead
Tylah Tully chats with Star Minerals (ASX:SMS) managing director Ashley Jones about the company’s latest gold assay results from its Tumblegum South project.
Recent drilling has returned exceptional near-surface grades that exceeded expectations and point to additional shallow ounces that could strengthen the project’s economics.
The purpose of the drilling campaign was primarily infill work, converting inferred resources into the indicated status to firm up the scoping study.
Gold Coast Bulletin
Star Minerals releases gold assay results from its Tumblegum South project, boosting its economics for a planned scoping study.
The Mercury
NT News
Cairns Post
Rat's Rant
SMS - Star Minerals Limited today closed up another 10% to finish at 5.5c on $660k stock traded. There was no news out today but on Tuesday they announced assay results from its Tumblegum South Gold Project located in WA.
Townsville Bulletin
