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home / news releases / south star battery metals announces maiden resource


STS:CC - South Star Battery Metals announces maiden resource estimate for BamaStar graphite project

--News Direct--

South Star Battery Metals CEO Richard Pearce joined Proactive's Steve Darling to share news the company achieved a major milestone with the release of a maiden mineral resource estimate (MRE) at the BamaStar graphite project in Alabama.

Pearce tells Proactive the independent MRE includes 520,000 tonnes of contained graphite with an open pit-constrained mineral resource estimate of 22 million tonnes of inferred resources at an average grade of 2.4% graphitic carbon, based on a 1.1% cut-off grade.

Pearce also said the company's next drill program will begin in May and will be used to support a preliminary economic assessment planned for the first quarter of 2024.

Contact Details

Proactive Investors Canada

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/south-star-battery-metals-announces-maiden-resource-estimate-for-bamastar-graphite-project-368274435

Stock Information

Company Name: South Star Battery Metals Corp.
Stock Symbol: STS:CC
Market: TSXVC

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