New Risk • Mar 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Revenue is less than US$1m (AU$12k revenue, or US$8.7k). Market cap is less than US$10m (AU$11.7m market cap, or US$8.18m). Ankündigung • Mar 20
Catalyst Metals Limited (ASX:CYL) completed the acquisition of West Bryah Basin copper-gold project in Australia from Star Minerals Limited (ASX:SMS). Catalyst Metals Limited (ASX:CYL) entered into binding agreement to acquire West Bryah Basin copper-gold project in Australia from Star Minerals Limited (ASX:SMS) for AUD 2.7 million on February 18, 2026. A cash consideration of AUD 1 million will be paid by Catalyst Metals Limited. The consideration consists of 0.23 million common equity of Catalyst Metals Limited to be issued for assets of West Bryah Basin copper-gold project in Australia. Catalyst will acquire 16.12 million Star Minerals shares though a placement of AUD 1 million, subject to completion of its purchase of the West Bryah Basin tenements from Star Minerals. In related transaction, Catalyst Metals Limited entered into binding agreement to acquire 50% Bryah Project from Albright Metals Limited for AUD 1.8 million with an option to acquire the remaining 50% for a further AUD 2.2 million.
Completion to occur following receipt of Ministerial and third-party royalty holder consents.
Catalyst Metals Limited (ASX:CYL) completed the acquisition of West Bryah Basin copper-gold project in Australia from Star Minerals Limited (ASX:SMS) on March 19, 2026. The conditions for the transaction have been met for a consideration of AUD 2.75 million, comprising AUD 1 million cash and 230,536 CYL shares. Additionally, Catalyst will now take a AUD 1 million strategic placement in Star Minerals. Ankündigung • Mar 18
Star Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million. Star Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 16,129,032
Price\Range: AUD 0.062
Discount Per Security: AUD 0.00248
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 17
First half 2026 earnings released: AU$0.004 loss per share (vs AU$0.009 loss in 1H 2025) First half 2026 results: AU$0.004 loss per share (improved from AU$0.009 loss in 1H 2025). Net loss: AU$824.4k (loss narrowed 5.5% from 1H 2025). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Ankündigung • Feb 18
Star Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million. Star Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 16,129,032
Price\Range: AUD 0.062
Discount Per Security: AUD 0.00248
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Feb 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Revenue is less than US$1m (AU$5.2k revenue, or US$3.6k). Market cap is less than US$10m (AU$13.6m market cap, or US$9.45m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Ankündigung • Nov 05
Star Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Star Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 33,333,333
Price\Range: AUD 0.045
Discount Per Security: AUD 0.0027
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Ankündigung • Oct 29
Star Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million. Star Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 33,333,333
Price\Range: AUD 0.045
Discount Per Security: AUD 0.0027
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Sep 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$1.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.6m free cash flow). Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Revenue is less than US$1m (AU$5.2k revenue, or US$3.4k). Market cap is less than US$10m (AU$8.71m market cap, or US$5.71m). Minor Risk Share price has been volatile over the past 3 months (18% average weekly change). Ankündigung • Sep 24
Star Minerals Limited, Annual General Meeting, Nov 19, 2025 Star Minerals Limited, Annual General Meeting, Nov 19, 2025. New Risk • Aug 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Revenue is less than US$1m (AU$3.8k revenue, or US$2.5k). Market cap is less than US$10m (AU$5.61m market cap, or US$3.66m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). New Risk • Jun 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (119% increase in shares outstanding). Revenue is less than US$1m (AU$3.8k revenue, or US$2.4k). Market cap is less than US$10m (AU$4.65m market cap, or US$2.96m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Ankündigung • Jun 04
Star Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.6 million. Star Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,000,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,000,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Board Change • Apr 11
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Gemma Lee was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 19
First half 2025 earnings released: AU$0.009 loss per share (vs AU$0.008 loss in 1H 2024) First half 2025 results: AU$0.009 loss per share (further deteriorated from AU$0.008 loss in 1H 2024). Net loss: AU$872.2k (loss widened 81% from 1H 2024). Ankündigung • Mar 12
Star Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.6 million. Star Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,000,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,000,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Jan 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 60% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 100% over the past year. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$4.14m market cap, or US$2.54m). Ankündigung • Nov 05
Star Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.525941 million. Star Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.525941 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 63,148,527
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0004
Security Features: Attached Options
Transaction Features: Rights Offering Ankündigung • Oct 25
Star Minerals Limited, Annual General Meeting, Nov 28, 2024 Star Minerals Limited, Annual General Meeting, Nov 28, 2024. Location: 191b carr place, leederville, perth, western australia Australia New Risk • Oct 02
New major risk - Revenue and earnings growth Revenue has declined by 100% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Revenue has declined by 100% over the past year. Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$5.40m market cap, or US$3.72m). New Risk • Sep 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Revenue is less than US$1m (AU$107k revenue, or US$74k). Market cap is less than US$10m (AU$4.74m market cap, or US$3.27m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). New Risk • Jun 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Revenue is less than US$1m (AU$107k revenue, or US$71k). Market cap is less than US$10m (AU$2.37m market cap, or US$1.58m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Board Change • Oct 17
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Ashley Jones is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Oct 06
Star Minerals Limited, Annual General Meeting, Nov 20, 2023 Star Minerals Limited, Annual General Meeting, Nov 20, 2023, at 10:00 W. Australia Standard Time. Location: 191B Carr Place, Leederville Western Australia Australia Agenda: To receive and consider the annual financial report of the Company for the financial period ended 30 June 2023 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider Adoption of Remuneration Report; to consider Re-election of Director - Mr. Ashley Jones; to consider Approval of non-executive Director remuneration limit; and to consider Approval of Additional Issuance Capacity. Ankündigung • Sep 13
Star Minerals Limited, Annual General Meeting, Oct 18, 2023 Star Minerals Limited, Annual General Meeting, Oct 18, 2023, at 10:00 W. Australia Standard Time. Location: 191B Carr Place Leederville Western Australia Australia Agenda: To consider Ratification of issue of Shares; Approval to issue Placement Shares and Placement Options to Non- Related Party Placement Participants under the Placement; Approval to issue Placement Shares and Placement Options to a related party under the Placement; Approval to issue Placement Shares and Placement Options to a related party under the Placement Ashley Jones; and to discuss other matters. New Risk • Aug 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (AU$95k revenue, or US$62k). Market cap is less than US$10m (AU$2.51m market cap, or US$1.63m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$1.8m). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Board Change • Jun 30
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Ashley Jones is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (AU$95k revenue, or US$66k). Market cap is less than US$10m (AU$2.26m market cap, or US$1.55m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$1.8m). Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Ankündigung • Jun 05
Greg Almond Resigns as Chief Executive Officer of Star Minerals Limited Star Minerals Limited advised that Mr. Greg Almond has resigned as Chief Executive Officer of the Company. Greg was instrumental in taking Star Minerals through the IPO process and has increased the value of its asset, announcing an Indicated JORC Resource on the 29th May 2023 at Tumblegum South. Ankündigung • Nov 15
Star Minerals Limited Announces High-Grade Gold Assay Results from Star of the East Star Minerals Limited received the assay results from its reconnaissance gold drilling campaign at the "Star of the East" project. The drilling program consisted of 7 holes which were completed for a total of 283m. Results of significance include: o 14m@ 8.3 g/t Au from 15m depth on hole SRC003, including: 8m @ 14.2 g/t Au from 18m depth, and including: 1m @ 80.9 g/t Au o 6m @ 4.95 g/t Au from 9m depth on hole SRC007, including 1m @ 12.2 g/t Au o 6m @ 1.94 g/t Au from 7m depth on hole SRC005 o 4m @ 2.44 g/t Au from 16m depth on hole SRC006 Once again leveraging from its commercial relationships, Star Minerals was able to quickly execute the planned drilling program during September 2022 and submit its samples, with the results returned in November 2022. These holes were planned to test the interpretation of the geology based on the historical mining and exploration data that the Company could find and serve as a way to validate the historical information. the wider regional overview with Star of the East part of the Tumblegum South Project Area, around ~40km to the South of Meekatharra. a plan of the drill collars, the collar location, drill trace and significant intercepts. cross section looking to the East, showing the collar, drill trace and significant interval of the recently completed drilling, compared to historical drilling and assays. The Star of the East project has historic resources and production values, none of which are JORC- compliant. Note the current work does not change the information or affect the resource already described. Star of the East is located approximately 40km south of the town of Meekatharra in Western Australia. The existing lease E51/1561 is located 2.5km to the west of ML51/888, which is the location of Star Minerals Tumblegum South project. The recent drilling, sampling and assay work from drilling shows that the Company is determined to execute on its announced strategy to immediately explore and develop assets that complement its existing projects. The success of the first round of work and the positive correlation with the historical results will be followed up with a larger program. This work to further explore and define the gold mineralisation is currently in the planning phase. The Company plans a further drilling program once all data has been collected, analysed and reviewed. Ankündigung • Oct 25
Star Minerals Limited Announces Board Changes Star Minerals Limited announced a change to its Board effective 21 October 2022. Ms Gemma Lee has replaced Mr. Stephen Strubel as an Independent Non- executive director following a decision by the Company to align the location of its Board and West Australian project focus. Ms Lee is a geologist by profession with 20 years' experience in the mining industry in Western Australia, with extensive experience in resource development exploration at advanced exploration sites and working open pit and underground mines. Gemma graduated from Curtin University of Technology with a BSc. Applied Geology (hons) and is a member of the Australian Institute of Geoscientists (AIG). Ankündigung • Oct 14
Star Minerals Limited, Annual General Meeting, Nov 30, 2022 Star Minerals Limited, Annual General Meeting, Nov 30, 2022. Ankündigung • Sep 19
Star Minerals Limited Begins Drilling At Star of the East Star Minerals Limited announced that it has mobilised to site and commenced an initial Reverse Circulation (RC) drilling program to explore the potential gold mineralisation and add to the Company's knowledge of the geology and grade characteristics of its recently optioned Star of the East gold project. Star of the East is an historic high-grade gold mine in the Murchison, first mined in 1897 after discovery by prospectors. The tenement E51/1561 contains remnant evidence of this historic work, including an old shaft. Records indicate that the mine produced around 27,700oz gold1, working along a main lode down to approximately 50m depth. Star of the East lies only 2.2km from Star Minerals' Tumblegum South gold project, containing a reported Inferred Resource estimate of 600kt, at a grade of 2.2 g/t Au2. As initially stated in its IPO prospectus, Star Minerals has remained open to acquiring new assets to build on its inventory. The location of Star of the East is easily supported using the infrastructure and relationships the Company has put in place to work on Tumblegum South. Star Minerals' timely drilling program at Star of the East demonstrates how the Company is well placed to rapidly examine potential acquisitions to contribute towards improved shareholder value. The Company's maiden drilling at Star of the East has been designed to provide further information on the mineralised structures that are present in the area. This work has been designed with the benefit of the results from the Company's earlier drilling at Tumblegum South, which shares much of the geology and mineralisation styles believed to be present at Star of the East. Planned drilling totals 300m although as with the previous stage, holes may be extended if they remain in mineralisation. It is envisaged the program will be completed in 2 days. Star of the East is an historic high-grade gold mine in the Murchison, first mined in 1897 after discovery by prospectors. As stated above, the tenement E51/1561 contains remnant evidence of this historic work, including an old shaft. Records indicate that the mine produced around 27,700oz gold1, working along a main lode down to around 50m depth. Star of the East lies only 2.2km from Star Minerals' existing Tumblegum South gold project which has an existing Inferred Resource estimate which totals 600kt, at a grade of 2.2 g/t Au as stated above. The current focus is for the Company to complete the work at Tumblegum South, and as this drilling work winds down, and move to the technical and development stage, commence drilling work at Star of the East and the West Bryah Project. Ankündigung • Sep 08
Star Minerals Limited Commences Diamond Drilling at Tumblegum South Gold Project Star Minerals Limited advised that it has mobilized to site and commenced the Stage 3 Resource definition drilling program to expand the Resource and add to the Company's knowledge of the geology and grade characteristics of its Tumblegum South gold project (Tumblegum South). This follows the successful 1,994m Stage 1 and 2,669m Stage 2 drilling programs previously undertaken by Star Minerals which confirmed the existing mineralisation and extended the trends along strike and downdip of the existing resource. This third drill program since its ASX listing on 27 October 2021 reiterates the Company's continued commitment to immediately explore and develop Tumblegum South. Stage 3 drilling has been designed to provide further information on the mineralised structures that are present in the area, to provide more structural information and to provide further data for an updated resource. This work has been designed with the benefit of the results from the earlier Stage 1 and 2 drilling. The image below shows the proposed drill traces, targeting the structures modelled using the results from previous works on site. Planned Phase 3 Resource drilling totals approximately 320m although as with the Stage 1 and Stage 2 drill programs, holes may be extended if they remain in mineralisation. It is envisaged the program will be completed in 12 days. Tumblegum South has an existing Inferred Resource estimate which totals 600kt, at a grade of 2.2 g/t Au. This work was undertaken by Bryah Resources Limited in January 2020.Tumblegum South is located approximately 40km south of the town of Meekatharra in Western Australia. The existing mining lease ML51/888 is directly along strike from the Tumblegum Pit which wasmined by Dominion during the 19871992 Gabanintha Gold Mine Joint Venture. The Company's current focus is on gold, but there is also significant copper potential on the lease. The current focus is on completing the work at Tumblegum South, and the completion of geology modelling and Resource update ready for further works to bring Tumblegum South into production. There is also planning underway to commence drilling at Star of the East soon. Star of the East is a recently optioned property, just 2km to the west of the M51/888 lease that holds the Tumblegum South deposit. Ankündigung • Aug 03
Star Minerals Limited Receives the Assay Results from Its Phase 2 Definition Drilling Campaign of Its Tumblegum South Gold Project Star Minerals Limited announced that it has received the assay results from its Phase 2 definition drilling campaign that was undertaken in anticipation of fast- tracking its knowledge of the geology and grade characteristics of its Tumblegum South gold project. Once again leveraging from its commercial relationships, Star Minerals was able to execute the planned drilling programme during May and submit its samples in a timely manner building on the results of its inaugural drill program completed in December 2021. 25 holes were completed for a total of 2,669m. Original plans were for 2,448m, with a number of holes extended during the course of drilling based on field geological logging.Results of significance include: 2m @ 12.2 g/t Au from 97m depth on hole TGRC027, including 1m @ 22.7 g/t Au; 2m @ 10g/t Au from 101m depth also on hole TGRC027, including 1m @ 18.5 g/t Au; 4m @ 8.23 g/t Au from 73m depth on hole TGRC028, including 1m @ 23.8 g/t Au; 4m @ 1.50 g/t Au from 139m depth also on hole TGRC028; 3m @ 1.02 g/t Au from 167m depth also on hole TGRC028; 3m @ 2.77 g/t Au from 47m depth on hole TGRC029; 2m @ 1.39g/t Au from 85m depth also on hole TGRC029; 6m @ 3.03 g/t Au from 98m depth on hole TGRC031; 5m @ 2.12 g/t Au from 57m depth on hole TGRC032; 4m @ 3.45 g/t Au from 151m depth on hole TGRC039; and 4m @ 16.8 g/t Au from 155m depth on hole TGRC042, including 1m @ 58 g/t Au. Tumblegum South has an existing Inferred Resource estimate which totals 600kt, at a grade of 2.2 g/t Au. This work was undertaken by Bryah Resources Limited in January 2020 3. Tumblegum South is located approximately 40km south of the town of Meekatharra in Western Australia. The existing mining lease ML51/888 is directly along strike from the Tumblegum Pit which was mined by Dominion during the 1987-1992 Gabanintha Gold Mine Joint Venture. Ankündigung • Jun 15
Star Minerals Limited Completes Its Stage 2 Resource Definition Drilling Program That Was Undertaken to Expand the Resource Star Minerals Limited to advise that it has completed its Stage 2 Resource definition drilling program that was undertaken to expand the Resource and add to the Company's knowledge of the geology and grade characteristics of its Tumblegum South Gold Project, 40km south of Meekatharra in Western Australia. This drilling followed the successful 1,994m Stage 1 drilling campaign undertaken by Star Minerals which was very targeted in scope 2. As outlined by Star Minerals during its IPO stage and subsequent activities, the Company intends to explore and develop Tumblegum South Gold Project, with drilling activities having commenced almost immediately after the official ASX listing on 27 October 2021. The Company re-engaged Impact Drilling to undertake this drilling work and was again impressed by their service and professionalism. The current work programs being undertaken demonstrates that the Company is determined to follow up and remain committed to executing its strategy as laid out. The Stage 2 drilling was designed to provide the Company with further information on the mineralized structures that are present in the area and was designed using the results from Stage 1 drilling. The planned drilling totaled 2,448m, and all holes were completed, with some holes extended as they remained in mineralization. Final drilled meters were 2,669m. The program was completed in 12 days. The Tumblegum South Gold Project has an existing Inferred Resource estimate which totals 600kt, at a grade of 2.2 g/t Au. This work was undertaken by Bryah Resources Limited in January 2020 3. Tumblegum South is located approximately 40km south of the town of Meekatharra in Western Australia. The existing mining lease ML51/888 is directly along strike from the Tumblegum Pit which was mined by Dominion during the 19871992 Gabanintha Gold Mine Joint Venture. The Company's current focus is on gold, but there is also significant copper potential on the lease. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement. Board Change • Jun 08
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Ashley Jones was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • May 19
Star Minerals Limited Announces Tumblegum South Gold Project - Stage 2 Drilling Underway Star Minerals Limited announced that it has mobilised to site and commenced the Stage 2 Resource definition drilling program to expand the Resource and add to the Company's knowledge of the geology and grade characteristics of its Tumblegum South gold project. This follows the successful 1,994m Stage 1 drilling campaign previously undertaken by Star Minerals which was very targeted in scope. As outlined by Star Minerals during its IPO stage and subsequent activities, the Company intends to explore and develop Tumblegum South, with drilling activities having commenced almost immediately after the official ASX listing on 27 October 2022. The Company has re-engaged Impact Drilling to undertake this work, after the superb efforts shown by Impact Drilling and its crews to mobilise quickly and provide an excellent service during the Stage 1 works. The current work shows that the Company is determined to follow up and remain committed to executing its strategy as laid out. Stage 2 drilling has been designed to provide further information on the mineralised structures that are present in the area, and has been designed with the benefit of the results from Stage 1 drilling. Planned drilling totals 2,448m although as with the previous stage, holes may be extended if they remain in mineralisation. It is envisaged the program will be completed in 12-15 days. Tumblegum South has an existing Inferred Resource estimate which totals 600kt, at a grade of 2.2 g/t Au. This work was undertaken by Bryah Resources Limited in January 2020. Tumblegum South is located approximately 40km south of the town of Meekatharra in Western Australia. The existing mining lease ML51/888 is directly along strike from the Tumblegum Pit which was mined by Dominion during the 19871992 Gabanintha Gold Mine Joint Venture. The Company's current focus is on gold, but there is also significant copper potential on the lease. Board Change • Apr 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Ashley Jones was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 25
Star Minerals Limited Receives the Assay Results from the First Phase of Its Drilling At Tumblegum South Gold Project Star Minerals Limited has received the assay results from the first phase of its drilling campaign to expand the Company's knowledge of the geology and grade characteristics of its Tumblegum South gold project. The Company was able to rapidly mobilise and complete the drilling work late last year, with submission of samples to the laboratory just before Christmas 2021. A total of 25 holes were completed, for a total of 1,994m. Original plans were for 1,500m, but a number of holes were extended during the course of drilling based on field geology logging. One example of this is hole TGRC008; planned for 135m, but extended to 164m, intercepting mineralisation of 1m at 1.24 g/t Au at 144m depth, and 4m @ 3.94 g/t Au from 147m depth. Other highlights of this drilling include: 2m @ 2.29 g/t Au from 104m depth on hole TGRC007; 2m @ 3.47 g/t Au from 111m depth on hole TGRC008; 4m @ 3.94 g/t Au from 147m depth also on hole TGRC008; 2m @ 5.42 g/t Au from 47m depth on hole TGRC012; 14m @ 2.49 g/t Au from 63m depth on hole TGRC013; 4m @ 2.74 g/t Au from 96m depth also on hole TGRC013; 4m @ 6.9 g/t Au from 109m depth on hole TGRC014; 4m @ 2.85 g/t Au from 115m depth also on hole TGRC014; 6m @ 3.07 g/t Au from 12m depth on hole TGRC018; 4m @ 15.07 g/t Au from 36m depth on hole TGRC020; 3m @ 4.01 g/t Au from 53m depth on hole TGRC021; 5m @ 3.08 g/t Au from 39m depth on hole TGRC023. Next Steps: The recent drilling, sampling and assay work shows that the Company is determined to execute on its announced strategy to immediately explore and develop the Tumblegum South asset. This drilling provides more information on the geology and mineralisation of Tumblegum South, and gives the Company confidence that the deposit is suitable for further work leading to a mining project study. These results will also be used to inform further stages of drilling and Resource work at Tumblegum - this work is currently being tendered to commence in February, with an independent update to the Resource model to follow. Recent Insider Transactions • Jan 07
Insider recently bought AU$921k worth of stock On the 5th of January, Mitchell Atkins bought around 4m shares on-market at roughly AU$0.20 per share. In the last 3 months, they made an even bigger purchase worth AU$1.7m. Insiders have collectively bought AU$1.9m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Oct 30
Insider recently bought AU$1.7m worth of stock On the 27th of October, Mitchell Atkins bought around 9m shares on-market at roughly AU$0.20 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • Oct 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 