Ground News

Star Minerals has uncovered a new zone of high-grade, shallow gold at its Tumblegum South gold project in WA, extending its project 120m along strike.

Bulls N' Bears

Star Minerals (ASX: SMS) has uncovered a new zone of high-grade, shallow gold at its Tumblegum South gold project near Meekatharra in Western Australia.

The West Australian

Star Minerals has uncovered a new zone of high-grade, shallow gold at its Tumblegum South gold project near Meekatharra in Western Australia.

The latest drilling hits point to a potential resource extension some 120 metre along strike from the bonanza grade dirt at the Tumblegum resource area, with the new mineralisation remaining open along strike and at depth.

Some 2000m reverse circulation (RC) drilling has lit up with multiple high-grade gold lodes to the southwest, hinting at a repeat duplex structure that could extend the project’s shallow resource mine life.

The Age

Star Minerals has uncovered a new zone of high-grade, shallow gold at its Tumblegum South gold project near Meekatharra in Western Australia.

The latest drilling hits point to a potential resource extension some 120 metre along strike from the bonanza grade dirt at the Tumblegum resource area, with the new mineralisation remaining open along strike and at depth.

Bulls N' Bears

Rat's Rant

I recently caught up with Ashley Jones aka ASH from Star Minerals Limited (SMS.asx) to discuss the Tumblegum South Gold Project drilling results where the best result was 5m at an oz gold per tonne.

SMS is currently trading at 6.4c with a market cap of $11.9m, as of the 30th of June they held over $1.1m in the tin (for an EV of $10.8m).

Star Minerals is focused on its Tumblegum South Gold Project in Western Australia, with mining anticipated for Q1 2026.

The Australian

Star Minerals (ASX:SMS) has welcomed Bain Global resources into the fold as a substantial shareholder. The company increased its holding to 8.18% of Star shares on issue with an on-market purchase.

Bain Global Resources is the finance arm of mine owner and contractor MEGA Resources.  Star Minerals and MEGA Resources have a Memorandum of Understanding (MoU) for mine development and mining.

Stockhead

Star Minerals (ASX:SMS) has welcomed Bain Global resources into the fold as a substantial shareholder. The company increased its holding to 8.18% of Star shares on issue with an on-market purchase.

Bain Global Resources is the finance arm of mine owner and contractor MEGA Resources.  Star Minerals and MEGA Resources have a Memorandum of Understanding (MoU) for mine development and mining.

The Sydney Morning Herald

Star Minerals has pulled in heavyweight financial support, with Bain Global Resources lifting its stake to 8.18 per cent of the company’s share register.

As the finance arm of Indian mine owner and contractor MEGA Resources, Bain is putting its money where its mouth is and backing Star’s push to fast-track its Tumblegum South gold project in Western Australia’s Mid West region.