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Star Minerals Ltd. ( (AU:SMS) ) has shared an announcement.
Star Minerals has recommenced grade control drilling at its Tumblegum South Gold Project, with a planned program of about 4,000 metres and 611 metres already completed before the Christmas break under the coordination of MEGA Resources. The closely spaced drilling is designed to generate detailed data to define the mining production schedule and guide efficient extraction of the deposit, aiming to optimise the project’s economic outcomes as the company moves closer to potential production decisions.
The most recent analyst rating on (AU:SMS) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Star Minerals Ltd. stock, see the AU:SMS Stock Forecast page.
More about Star Minerals Ltd.
Star Minerals Limited is an ASX-listed exploration and development company focused on gold projects in Western Australia, including the Tumblegum South Gold Project, where it is advancing resources through drilling and mine planning activities.
Average Trading Volume: 1,059,640
Technical Sentiment Signal: Buy
Find detailed analytics on SMS stock on TipRanks’ Stock Analysis page.