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Star Minerals (ASX:SMS) completes stage two drilling at Tumblegum South

ASX News, Mining
ASX:SMS      MCAP $2.809M
15 June 2022 16:20 (AEST)
Star Minerals (ASX:SMS) - CEO, Greg Almond

Source: Greg Almond/LinkedIn

Star Minerals (SMS) has completed its stage two resource definition drilling program at its Tumblegum South Gold Project in Western Australia.

Impact Drilling was engaged to undertake the drilling, following on from its successful stage one program.

The aim of this stage two drilling was to provide Star Minerals with further information regarding the mineralised structures that are present in the area.

Around 2669 metres of drilling was completed in 12 days with some holes extended as they remained in mineralisation.

“We are pleased to have successfully completed the recent phase of drilling at Tumblegum South and are eagerly awaiting assay results, with encouraging visibility in the drill samples obtained,” CEO Greg Almond commented.

“Challenging weather and COVID concerns caused some issues, but the team performed brilliantly to adapt to these challenges and complete the work in a timely fashion.

“We expect that our shareholders are becoming closer aligned to our belief in Tumblegum South and appreciate the achievements of our team as this recent drill program builds on the incremental knowledge obtained from the Stage 1 drilling.”

Stage one work consisted of 1994 metres of drilling being undertaken with samples sent for analysis and awaiting assay.

Shares in Star Minerals were down 3.85 per cent on the market and were trading at 12.5 cents at 3:56 pm AEST.

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