Star Minerals Ltd. Stock Analysis SMS.AX

Star Minerals Ltd. operates as a mineral exploration company. The company is headquartered in Leederville, Western Australia. The company went IPO on 2021-10-27. The firm's projects include Tumblegum South Gold Project and West Bryah copper-gold exploration project. The Tumblegum South Gold Project is located 40 kilometers (kms) south, southeast of Meekatharra, and one kms west of Meekatharra-Sandstone Rd, approximately three kms to the east of the Star of the East historical mine, and one kms south of the old Gabanintha Gold Mine. The West Bryah Project is located around 140 kms north of Meekatharra in central Western Australia. The company holds over 694 square kilometers (km2) of ground within the West Bryah project, comprising ten granted exploration tenements. The company has entered into a binding agreement with Canadian listed Madison Metals Inc. for a farm-in and joint venture to acquire up to 51% of the company holding exploration permit EPL 8531 comprising the Cobra Uranium Project in the Erongo region of Namibia.