Star Minerals Limited (ASX: SMS) has taken significant steps to bolster its West Bryah copper-gold project by entering into two binding agreements for tenement acquisitions. The first acquisition involves purchasing 100% of the share capital of MW Minerals Pty Ltd from Pinny Pty Ltd through a share sale agreement, which includes exploration tenement E52/3635 covering approximately 216 sq km.
This tenement is situated near the West Bryah Project area owned by Star Minerals and is known to be underlain by formations known for hosting copper and gold deposits in the Bryah Basin and surrounding regions. The second acquisition is a binding tenement sales agreement with Drillabit Pty Ltd to acquire exploration tenement E51/2069, which further strengthens Star Minerals' landholding in the West Bryah region. These strategic acquisitions are expected to enhance the company's position and exploration potential in the area.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
