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South Star Mining Corp V.STS

Alternate Symbol(s):  STSBF

South Star Battery Metals Corp. is a Canadian battery metals project developer focused on the selective acquisition and development of near-term production projects in the Americas. The Company’s primary focus is the Santa Cruz Graphite Mine. Its Santa Cruz Graphite Project, located in Southern Bahia, is the first of a series of industrial and battery metals projects. The Santa Cruz Graphite Project is located in the state of Bahia, Brazil and consists of approximately 13 approved licenses covering 13,316 hectares. Its second project, BamaStar Graphite Project in the development pipeline, is located in Alabama in the center of a developing electric vehicle, aerospace, and defense hub in the southeastern United States. The BamaStar Graphite Project is located on the northeast end of the Alabama Graphite Belt and covers about 500 acres in Coosa County, Alabama. Its natural flake crystalline graphite concentrate product line is sourced from the Santa Cruz Graphite Project in Brazil.


TSXV:STS - Post by User

Post by JasleenDhakaon May 02, 2023 1:59pm
117 Views
Post# 35425583

South Star is advancing its graphite project !

South Star is advancing its graphite project !

South Star Battery Metals is advancing its Santa Cruz graphite project in Brazil to production by Q4-2023 and has received a financing commitment from Sprott for US$28M.

 

The company has permits for construction and production at Santa Cruz and aims to develop it in three phases. They also plan to complete a Preliminary Economic Assessment on their BamaStar project in Alabama by Q1-2024, and the upcoming catalysts include commercial production at Santa Cruz, drilling, and a PEA on BamaStar.

 

Read analyst report for free: https://www.researchfrc.com/south-star-battery-metals-corp-tsxv-sts-otcqb-stsbf-advancing-a-sprott-backed-graphite-project-to-production-this-year/

 

*FRC provides issuer-paid coverage.

*Past performance is not indicative of future results.

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