Albright tumbles across Star Minerals performance rights

Mining.com.au

Star Minerals (ASX:SMS) has begun exploration at the Tumblegum South Gold Project, which it acquired from Albright Metals (ASX:ABR), marking a milestone in the 2021 sale of the project.

Star Minerals has issued 4 million shares to Albright following the start of mining operations at Tumblegum South.

Albright CEO Greg Hill says the shares add to the company’s liquid assets, which can help fund exploration and development activities at the Golden Pike Project.

“The team at Star Minerals is to be commended for bringing the Tumblegum South Gold Project into production at a time of historically high gold prices,” Hill says.

Link to article: https://mining.com.au/albright-tumbles-across-star-minerals-performance-rights/