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South Star Mining Corp V.STS

Alternate Symbol(s):  STSBF

Metals & Mining Industrial Metals & Minerals
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

South Star Mining Corp
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  • Betteryear2X
Post by Betteryear2on May 23, 2023 8:04am
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Post# 35459836

South Star Battery Metals Announces Corporate Update

South Star Battery Metals Announces Corporate Update

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 ("PEA") mobilized May 15th, 2023 for a 2 month diamond drilling program.
  • South Star is reviewing proposals for the NI 43-101 preliminary economic assessment ("PEA") scheduled for end of Q1 2024.
  • South Star will participate in 121 Mining Investment Conference in New York and Benchmark Gigafactories USA conference in Washington DC.
  • South Star has hired a new market making service provider.
  • Closing of private placement.

VANCOUVER, BC / ACCESSWIRE / May 23, 2023 / South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV:STS)(OTCQB:STSBD), is pleased to announce a Phase 1 construction update for the Santa Cruz Graphite Mine in Bahia Brazil, as well as providing a general corporate update.

South Star Battery Metals Announces Corporate Update including Santa Cruz Graphite Mine Phase 1 Construction Update (accesswire.com)

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