Star Minerals (ASX:SMS) obtained government approval to start its drilling program at the Tumblegum South gold project in Western Australia, according to a Wednesday filing with the Australian bourse.
Slated for June, the program aims to test additional high-grade lodes which were identified following a structural architecture review of the Tumblegum resource, per the filing.
Star Minerals' shares were up 4% in recent Wednesday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.