Star Minerals Limited (ASX:SMS)

Greg Almond
Market Cap (AUD): 2.63M
Sector: Materials
Last Trade (AUD): 0.1 +0 (+0%)
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1. About

Star Minerals Limited (ASX:SMS) is a mineral exploration company established to explore for and develop high-grade gold and base metals located at its two projects in central Western Australia:

Tumblegum South Gold Project

The Companys initial focus is on the exploration and development of the Tumblegum South Gold Project. The Tumblegum South deposit has a granted Mining Lease (ML 51/888) and an existing Inferred Resource (JORC 2012 compliant) of 600,000 tonnes at 2.2g/t Au. This equates to 42,500 oz Au. The project is located approx. 40km south of Meekatharra, in an area well served by mining infrastructure and support with multiple options for toll treatment. 

West Bryah Project

The West Bryah Project is approx 350 sq km package of tenements prospective for gold, copper, and other base metals in the West Bryah with significant soil anomalies and promising drilling results to follow up. The West Bryah tenements represent a further opportunity to explore for gold and base metal deposits in an under-explored package of tenements with only a sporadic exploration history and very little activity using modern exploration techniques.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk