South Star Battery Metals Corp. , is pleased to announce that Roger Mortimer, an experienced capital-markets executive and global climate/energy-transition fund manager, has joined the board of directors and will serve as an advisor to the Company. In addition, Ty Dinwoodie, a graphite-industry veteran, senior corporate advisor and specialist in Li-ion battery materials, has joined the executive team as a senior [...]
South Star Battery Metals Corp. , is pleased to announce that it is near completion of its 2023 drilling campaign on its BamaStar Graphite Project in Coosa County, Alabama. The program is designed to test continuity and limits of mineralization in support of the upcoming NI43-101 Preliminary Economic Assessment , scheduled for the end of Q1 2024. To date, 11 holes totaling approximately 1,300 meters have been completed [...]
South Star Battery Metals Corp. , is pleased to announce that further to its news release dated July 14, 2023, it has received final clearance relating to one subscriber who will become an insider of the Company upon closing of the private placement through ownership of in excess of 10 percent of the Company's issued and outstanding common shares. Following confirmation that the subscriber's personal information form has [...]
Highlights: Santa Cruz Phase 1 construction has zero lost time accidents through end of July. Santa Cruz Phase 1 construction is on budget and on schedule with commercial production planned for the EOY 2023. All main construction contracts have been executed. Overall construction advance at 68% complete. Manufacturing of equipment at 80% complete. Foundations & concrete work on schedule to be substantially completed in [...]
South Star Battery Metals Corp. , is pleased to announce that, subject to receipt of certain TSX Venture Exchange approvals relating to one subscriber , it has completed an oversubscribed non-brokered private placement of units for total proceeds of C$4,522,948.45. Proceeds from the Private Placement will be used for exploration, development, construction activities, corporate G&A and general working capital requirements [...]
South Star Battery Metals Corp. , is pleased to announce that it intends to complete a non-brokered private placement of units at a price of C$0.53 per Unit to raise up to C$4,000,000. Management expects the private placement to be fully subscribed. Private Placement Each Unit will consist of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder to purchase one [...]
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 mobilized May 15th, 2023 for a 2 month diamond drilling program. South Star is reviewing proposals for the NI 43-101 preliminary economic assessment scheduled for end of Q1 2024. South Star will [...]
Santa Cruz Phase 1 construction is on-time and on schedule for commercial production at the EOY 2023. All documents for Santa Cruz Phases 2 and 3 environmental permits and mining licenses have been submitted for review. 520,000 tonnes of contained graphite with an open pit-constrained mineral resource estimate of 22M tonnes of inferred resources at an average grade of 2.4% , based on a 1.1% cut-off grade. Estimate is [...]
Highlights: 520,000 tonnes of contained graphite with an open pit-constrained mineral resource estimate of 22M tonnes of inferred resources at an average grade of 2.4% , based on a 1.1% cut-off grade. Estimate is based on 12 drill holes totaling 506m of HQ diamond drilling completed in 2022. The mineral resource estimate confirms the significant potential of this historical mine with graphite mineralization open at depth [...]
VANCOUVER, BC , Feb. 27, 2023 /CNW/ - South Star Battery Metals Corp. , is pleased to provide the Company's 2022 year in review and 2023 catalysts. Happy 2023 to everyone! As I reflect on 2022, Charles Dickens' classic line from Tale of Two Cities comes to mine , "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of [...]
South Star Battery Metals CEO Richard Pearce joined Proactive to share news that the company has completed its maiden drill program at the Ceylon project in Alabama. Pearce said all 12 holes showed significant intervals with grades typically ranging from 1.5% to 4.5% Cg. The data will be compiled and used to complete a maiden NI 43-101 resource estimate planned for Q1, 2023. Proactive Canada Financial News Contact [...]
Highlights: Successful completion of 12 hole maiden diamond drilling program confirming at- or near-surface mineralization with a total of 324.5 meters of mineralization and an average weighted grade of 2.12% Cg. All the holes have significant intervals with grades typically ranging from 1.5% to 4.5% Cg and consistent mineralized zones. All information and data will be compiled and used to complete the maiden NI 43-101 [...]
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