• 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.

(January 31, 2020) Maiden mineral reserves for the project are 3.98 million tonnes at 2.49% Cg of Proven and 8.3 million tonnes at 2.35% Cg of Probable for total contained graphite of 295,400 tonnes.

“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

  • Mining Method: Open Pit
  • Process/Metallurgy: Milling & Flotation
  • Life of Mine: 12 years
  • Annual Production (years 1-2): 5,000 t p.a.
  • Annual Production (year 4-11): 25,000 t p.a.
  • Capital Costs – Phase 1: US$ 7,300,000
  • Capital Costs – Phase 2: US$ 27,200,000
  • Avg. Operating Costs(LOM): US$ 396 per tonne of conc.
  • Avg. Weighted Price: US$ 1287/t

Key Financial Results

  • Post-tax NPV5%: US$ 81,200,000
  • Post-tax all Equity IRR: 35% p.a.
  • Post-tax Free Cash Flow (LOM): US$ 129,000,000
  • Payback Period: 4 years

Expert team of experienced mining and investment professionals

Investor Info

Stock Information

Trading Symbol:  (TSXV: STS), (OTCQB: STSBF)

Stock Exchange:  TSX Venture Exchange & OTCQB

Shares Issued:  42.9 million

Company Profile:  Download

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TSX Venture Exchange: STS

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OTCQB: STSBF

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