Highlights: Santa Cruz Phase 1 construction is on budget and on schedule through end of April with commercial production planned for the EOY 2023. Drilling at BamaStar to support NI 43-101 Preliminary Economic Assessment mobilized May 15th, 2023 for a 2 month diamond drilling program. South Star is reviewing proposals for the NI 43-101 preliminary [...]
Santa Cruz Phase 1 construction is on-time and on schedule for commercial production at the EOY 2023. All documents for Santa Cruz Phases 2 and 3 environmental permits and mining licenses have been submitted for review. 520,000 tonnes of contained graphite with an open pit-constrained mineral resource estimate of 22M tonnes of inferred resources at [...]
Highlights: 520,000 tonnes of contained graphite with an open pit-constrained mineral resource estimate of 22M tonnes of inferred resources at an average grade of 2.4% , based on a 1.1% cut-off grade. Estimate is based on 12 drill holes totaling 506m of HQ diamond drilling completed in 2022. The mineral resource estimate confirms the significant [...]
VANCOUVER, BC , Feb. 27, 2023 /CNW/ - South Star Battery Metals Corp. , is pleased to provide the Company's 2022 year in review and 2023 catalysts. Happy 2023 to everyone! As I reflect on 2022, Charles Dickens' classic line from Tale of Two Cities comes to mine , "It was the best of times, it was the worst of times, it was the age of wisdom, it was [...]
South Star Battery Metals CEO Richard Pearce joined Proactive to share news that the company has completed its maiden drill program at the Ceylon project in Alabama. Pearce said all 12 holes showed significant intervals with grades typically ranging from 1.5% to 4.5% Cg. The data will be compiled and used to complete a maiden NI 43-101 resource [...]
Highlights: Successful completion of 12 hole maiden diamond drilling program confirming at- or near-surface mineralization with a total of 324.5 meters of mineralization and an average weighted grade of 2.12% Cg. All the holes have significant intervals with grades typically ranging from 1.5% to 4.5% Cg and consistent mineralized zones. All [...]
South Star Battery Metals Corp. , is pleased to announce that it has completed a non-brokered private placement of units for total proceeds of C$230,166. This Offering is related to the Company's previous private placement completed in November 2022 , but funds were received in January of 2023. Net proceeds from the Private Placement will be used [...]
Highlights: Civil and earthworks contractors mobilized, and Santa Cruz is on schedule to complete construction and commissioning by December 2023. Majority of major equipment contracts signed and down payments completed to lock in equipment CAPEX. All major equipment contracts scheduled to be finalized in January 2023. Owners team mobilized and [...]
Highlights: Successful completion of maiden drilling program confirming at- or near-surface mineralization with 16.5m at 2.73% Cg, 18m at 2.67% Cg, 28.5m at 2.50% Cg, 51m at 2.35% Cg, 9.5m at 2.42% Cg, and 8m at 2.90% Cg. All drilling assays should be completed yearend 2022. All information and data will be compiled and used to complete the maiden [...]
South Star Battery Metals Corp. , is pleased to announce that it has closed the Phase 1 deposit transaction under the previously announced metals purchase and sale agreement with Sprott Private Resource Streaming and Royalty Corp. . With the closing of the recent private placements and receipt of the Phase 1 Deposit to fund CAPEX pursuant to the [...]
South Star Battery Metals Corp. , is pleased to announce that it has completed the second tranche of its previously announced non-brokered private placement of units for total proceeds of C$2,326,700. The entire second tranche of the Offering was with global institutional investors who are very familiar with the battery metals and mining sectors [...]
South Star Battery Metals Corp. , is pleased to announce that it has completed the first tranche of its previously announced non-brokered private placement of units for total proceeds of C$2,308,863. The majority of participation in the first tranche of the Offering was with global institutional investors who are very familiar with the battery [...]