The Australian
The potential of the Tumblegum South project near Meekatharra in WA is growing with Star Minerals (ASX:SMS) recording infill drilling assays up to 5m grading 30.91g/t gold from 21m, including 2m at 75.45g/t.
Shallow, closed-spaced infill drilling was carried out at a density sufficient to delineate geological continuity of mineralisation to a high degree of confidence.
Results from 22 of 38 holes validate the geological model underpinning the resource of 45,000oz gold completed in 2023.
“We are pleased to see the quality of these first results from the Tumblegum South gold project drilling program,” MD Ashley Jones said.
“With the standout intercept so far being 5m at around an ounce of gold per tonne, Tumblegum South is proving to be an even stronger project, with a quality gold deposit.”
The company aims to start mining in Q1 2026 at Tumblegum South, which is near underutilised mills owned by Westgold Resources (ASX:WGX) and Catalyst Metals (ASX:CYL).
Stockhead
The Australian Mining Review
Star Minerals (ASX: SMS) has received positive results from its first round of assay results for drilling at its Tumblegum South gold project in WA.
The drilling program included 38 holes for a total of 2032m, 22 of which have been returned, interpreted and announced.
Star Minerals managing director Ashley Jones says the company is pleased to see the quality of these first results from the project.
“With the standout intercept so far being 5m at [about 1oz/t gold], Tumblegum South is proving to be an even stronger project, with a quality gold deposit,” he said.
Brisbane Times
Star Minerals has intercepted several impressive drill hits, including a standout 5 metres at 30.91 grams per tonne (g/t) gold from 21m, from the latest infill drilling program at the company’s Tumblegum South gold project in Western Australia’s Mid West region. The company is looking to bring the project into production early next year.
Bulls n Bears
Star Minerals (ASX: SMS) has intercepted several impressive drill hits, including a standout 5 metres at 30.91 grams per tonne (g/t) gold from 21m, from the latest infill drilling program at the company’s Tumblegum South gold project in Western Australia’s Mid West region. The company is looking to bring the project into production early next year.
NT News
Star Minerals’ infill drilling has increased the confidence in the geological continuity of resources at its Tumblegum South gold project near Meekatharra, WA.
The West Australian
Star Minerals’ (ASX:SMS) infill drilling has increased the confidence in the geological continuity of resources at its Tumblegum South gold project near Meekatharra, WA.
Herald Sun
Star Minerals’ infill drilling has returned up to 5m at 30.91g/t gold from 21m
Results increase geological continuity of mineralisation to a high degree of confidence
Assays pending for drilling of conceptual structures and proposed waste rock landforms
It was a quiet week for the Mid West WA gold explorer, which is planning to start mining at the small Tumblegum South gold project in the first quarter of 2026.
That could be a tidy little money spinner, with pre-production costs of just $700,000 to $1.5 million predicted on a mine that would generate $9.4-19.6m in cash flow on just 11,800-15,900oz of gold production.
And that's at prices ranging from $3000-3800/oz, well below current levels. Mining approvals are in train, with the new streamlined process for small mining operations under the Mining Amendment Act 2022 to come into effect with the laws on September 9 this year.
There was a touch of intrigue this week, with Star's creeping share price prompting a trading halt on Thursday.
It's due to end on Monday when Star exits the halt to respond to not only the speeding ticket, but also with some much anticipated RC drilling results.
Only time will tell what's in store.
