Jones enters the best job at Star Minerals

The president of Star Minerals Ian Steward said: “Ashley has been director of Star Minells in the last four years and has brought a wide range of commercial and techniques for the company. I can’t wait to see it develop our project Tumblegum South Gold towards the production and construction of value for our shareholders.”

Tumblegum South has an assessment of the current mineral resources of 616,000 tons of 2.28 g/t for a total of 45,000 ounces of content metal.

This includes an indicated resource of 337,000 t with 2.52 g/t gold per 27,000 ounces.

Starting will also use the latest exploration techniques combined with the data of previous Bryah works and other explorers to study further potentials to Tumblegum South and its West Bryah projects.

At the beginning of this month, Star declared that he had received a strong interest from exploration and mineral contractors in the region who are eager to collaborate with the company to monetize tumblegum south in what is becoming a trend with junior explorers who are tightening the first cash flows from tinging treatment in the region.

The company has recently collected $ 1.6 million in cash and has attracted Bgr Mining and Infra Limited – one of the major mining contractors of India – in its register, attracted by the project economy and is now halfway through its environmental approval process.

With gold that touched the historical tops, companies such as Mining Aurico have proven to be spectacularly the golden toll model in the last year. Others, such as Horizon minerals, are also on the point of serious cash flows from toll treatment. On a smaller scale, companies such as resources and energy group are eliminating a quid from the lisciviation of VAT on a small scale.

Star will not try to join those ranks this year with its strategy to conquer a little quick money on Tumblegum South for use in a larger plan.