Long Shortz with Star Minerals: Right to Mine deal puts Tumblegum on rails for gold production

Stockhead’s Tylah Tully sits down with Star Minerals (ASX:SMS) managing director Ashley Jones to unpack the company’s new Right to Mine agreement for the Tumblegum South gold project in Western Australia.

The deal sees MEGA Resources handling the mining and Bain Global Resources providing working capital, while taking a 9.7% stake in Star.

Jones explains how this structure gives Star access to production without shareholder dilution, leveraging experienced partners with operating mines.

With gold prices soaring and approvals nearing completion, Star is positioning itself to break ground in early 2026.

Watch the video to learn more.

This video was developed in collaboration with Star Minerals, a Stockhead client at the time of publishing.

The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.