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Star Minerals Ltd. ( (AU:SMS) ) has shared an announcement.
Star Minerals Limited has announced that Bain Global Resources has increased its shareholding to 8.18%, reinforcing the strategic relationship between Star Minerals, Bain Global Resources, and MEGA Resources. This development is expected to support the progression of the Tumblegum South Gold Project, with mining anticipated to commence in the first quarter of 2026. Bain Global Resources, linked to the prominent Indian mining contractor BGR Mining and Infra Limited, sees potential in aiding Star Minerals’ growth phase. Recent drilling results from the Tumblegum South Gold Project have shown promising gold intercepts, with further results anticipated soon.
More about Star Minerals Ltd.
Star Minerals Limited is a company in the mining industry, primarily focused on gold exploration and development. The company is actively working on the Tumblegum South Gold Project and has established strategic partnerships to advance its mining operations.
Average Trading Volume: 1,362,722
Technical Sentiment Signal: Buy
For a thorough assessment of SMS stock, go to TipRanks’ Stock Analysis page.