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Star Minerals Limited (ASX:SMS)

ALERT: Price-sensitive ASX Announcement for SMS
Current share price for SMS : $0.039 -0.012 (-23.53%)+
Announcement
Release
27 Mar 2026 9:36AM
Price at Release
$0.051
Full Release
download
Summary
The PDF document details Star Minerals Limited's grade control drilling results for the Tumblegum South Gold Project, executed between December 2025 and February 2026. The drilling, consisting of 124 holes totaling 4,168 metres, confirmed anticipated gold mineralisation grades and refined the geological model for the deposit. The results, including significant intercepts like 9m at 5.57 g/t Au from hole TGGC0070, will inform final mine design and planning. Supported by a Right to Mine Agreement and receiving necessary government approvals, the project is positioned to enter production by early 2026.
Key Points
  • Star Minerals Limited conducted grade control drilling at the Tumblegum South Gold Project.
  • 124 holes were drilled for a total of 4,168 metres between December 2025 and February 2026 using the reverse circulation (RC) method.
  • The drilling confirmed expected mineralisation grades and increased the definition of mineralisation boundaries.
  • Top gold intercepts include 9m at 5.57 g/t Au in hole TGGC0070 and 9m at 5.19 g/t Au in hole TGGC0075.
  • Results will be incorporated into mine planning and design processes.
  • The project is supported by a Right to Mine Agreement with MEGA Resources and Bain Global Resources.
  • Mining approval has been received from the Government of Western Australia.
  • The project aims to commence production in early 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.