• South Star Mining

    (TSXV: STS) (OTCQB: STSBF)

  • Santa Cruz Graphite Project

    Located in Brazil

  • Management Expertise

    Several Successful Projects

  • South Star Mining

    (TSXV: STS) (OTCQB: STSBF)

  • Santa Cruz Graphite Project

    Located in Brazil

  • Management Expertise

    Several Successful Projects

Santa Cruz Graphite Project

Located in the second largest flake graphite producing district in the world.

Free Report: Fundamental Research Corp.

South Star Mining

South Star Mining (STS – TSX Venture Exchange) (OTCQB: STSBF) is focused on the acquisition and development of near-term mine production projects in Brazil to maximize shareholder value. The company is currently developing the Santa Cruz Graphite Project in the Bahia State, Brazil.

(July 08th, 2019) The updated mineral resource, incorporating the 2018 exploration program, is now 3.95 million tonnes at 2.40% Cg of measured, 11 million tonnes at 2.25% Cg of indicated and 7.9 million tonnes at 2.32% Cg of inferred resources.

Santa Cruz Graphite Project

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Million net value

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Million tons mineable graphite

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Year mine life

“The Santa Cruz Graphite Project presents South Star Mining Corp with a rare and excellent opportunity to become a significant player in the global graphite industry.  Large flake, jumbo flake and spherical graphite are currently in great demand with analysts expecting demand to increase significantly over the next five years.”

– Eric Allison, Director

Key Parameters

  • 11 million tonnes at 2.25% Cg of indicated
  • 7.9 million tonnes at 2.32% Cg of inferred resources
  • Current Life of Mine (“LOM”): 19 years
  • Annual Production (years 1-5): 18,900 t p.a.
  • Annual Production (year 5-23): 15,800 t p.a
  • Avg. Operating Costs (years 1-5): US$ 316 per tonne of conc.
  • Avg. Operating Costs (LOM): US$ 413 per tonne of conc.
  • Avg. Weighted Price: US$ 1354 per tonne of conc.

Key Financial Results

  • Post-tax NPV5%: US$ 117,000,000
  • Post-tax all Equity IRR: 78% p.a.
  • Avg. Post-tax Free Cash Flow (years 1-5): US$ 15,800,000 p.a.
  • LOM Avg. Post-tax Free Cash Flow: US$ 10,400,000 p.a.
  • Payback Period: 2 years

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TSX Venture Exchange: STS

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OTCQB: STSBF

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