Stocktake: Star Minerals set to raise $1.5m to fast-track Tumblegum South gold mine

Stockhead’s Tylah Tully looks at Star Minerals (ASX:SMS), which is set to raise $1.5 million in a strategic placement to fuel drilling and mining at the Tumblegum South gold project in Western Australia.

The funds are earmarked to drill the western extension gold target outside the proposed open pit and, crucially, to finalise approvals for mining – with first production targeted for early next year.

Watch the video for 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.