Silver Star Resources encompasses the Texas Silver, Twin Hills, and Silver Spur mines, along with all associated mining leases and exploration permits. Spanning approximately 247,000 hectares/ 610,375 acres in Queensland, Australia.
Silver Star Resources is centred on the expansive Silver Star Project, encompassing the historical Texas Silver, Twin Hills, Mt. Gunyan, Silver Spur mines, and all associated mining leases and exploration permits, covering approximately 247,000 hectares in Queensland, Australia. This substantial landholding forms the cornerstone of a silver-focused investment opportunity, offering ground-floor access to a fully permitted, shovel-ready operation with significant in-ground silver resource and immense potential for further discoveries in this highly prospective, mineral-rich region.
Strategically positioned to meet the growing global demand for silver, the Silver Star Project benefits from robust onsite infrastructure, historical production and drilling data, and certified resources, ensuring substantial economic growth potential. While silver remains the core focus, the project also provides diversification opportunities with additional antimony, copper, and gold resources.
As a ground-floor pre-IPO opportunity, the Silver Star Project significantly enhances investment stability through its certified resources and fully permitted status, ready for production. The ongoing exploration and drilling program further enhances the potential for expansion while avoiding the typical 8-12-year approval delays new mining ventures face.
With a clear pathway to production and expansion, extensive landholdings, and a prime location in Queensland’s thriving mining sector, the Silver Star Project is uniquely positioned to deliver exceptional growth and value creation. Thus, it is a highly compelling investment for forward-thinking investors.
Please note some of the crushing plant is not currently on site and was not included in the acquisition
Silver Processing Facility and Diemme Filter Presses
Silver Star includes the established Twin Hills and Silver Spur Silver Mines and a broader portfolio of advanced silver and polymetallic base metal exploration targets, such as the Mount Gunyan, Hawker, Harrier, and Hornet deposits. These deposits have demonstrated high-grade silver resources of 19.5 million ounces according to JORC and with the potential to expand those resources to an estimated potential of an additional 30 to 50 million ounces of silver, as well as potential discoveries of other base metals.
The Silver Star portfolio includes two mining tenements and four exploration licences. Extensive historical drilling data and stored drilling core stored on-site to JORC compliance from past exploration programs have identified significant silver prospects, with potential for gold, copper, zinc, and other metals on the critical minerals list.
The Silver Star Mines are located 10 km east along the Stanthorpe-Texas Road from the township of Texas in Southern Queensland. Geologically, the Granite Belt Project is situated in the northern part of the New England Orogeny, consisting of a highly deformed package of Ordovician to Permian sediments and volcanics. Deformation within the fold belt is complex, ranging from the Lower Carboniferous to the Middle Permian periods. Historically, exploration within the Granite Belt Project has successfully defined silver mineralisation at the Twin Hills Deposit and silver/gold mineralisation at the Mt Gunyan Deposit.
Silver Spur Mine officially opens, focusing on silver and lead production producing over 2 Million ounces of silver between 1892-1913
Initial geological surveys indicate base metal deposits in the Mt. Gunyan area.
Prospecting and early discoveries at the future site of the Texas Silver Mine.
Detailed exploration at Mt. Gunyan identifies substantial deposits of copper & zinc.
Significant silver & lead deposits discovered at the future site of Texas Silver Mine.
Development begins at Mt. Gunyan Mine, focusing on copper extraction.
Mt. Gunyan Mine expands operations to include zinc and lead.
Silver Spur Mine experiences a resurgence in production.
Texas Silver Mine officially opens.
Peak production years at Texas Silver Mine.
Discovery of significant gold deposits near Twin Hills prompts exploration.
Mt. Gunyan Mine closes due to economic pressures.
Commissioning of the crushing plant
Temporary closure and reopening of Twin Hills Mine due to poor Silver prices.
Feasibility study conducted at Mt. Gunyan for potential restart.
Further expansion projects announced for Twin Hills Mine.
Due to low silver prices Mining operations cease with a focus on exploration initiated at Mt. Gunyan.
The Texas Silver mine and assets acquired by Silver Star Resources
Silver Processing Facility, Merrill Crowe Deaeration System
The discovery of silver in Queensland dates back to the late 19th century. The Silver Star Mine, located near the town of Texas, Queensland, and the Silver Spur Mine, situated nearby, were among the most notable silver mining operations in the area. Prospectors, driven by the allure of precious metals, ventured into the region, leading to the discovery of rich silver veins.
The Silver Star Mine was discovered in the 1890s, marking the beginning of a silver rush that attracted miners and investors from across Australia and beyond. The Silver Spur Mine followed shortly after, further contributing to the burgeoning silver mining industry in Queensland.
The development of the Silver Star Mine and the Silver Spur Mine was rapid, with the construction of infrastructure to support large-scale mining operations. These mines were equipped with advanced mining technology of the time, including steam-powered drills and ore crushers, which significantly increased production capacity.
By the early 20th century, the Silver Star Mine and the Silver Spur Mine reached their peak production levels. The Silver Star Mine was renowned for its high-grade silver ore, which yielded substantial quantities of the precious metal. Similarly, the Silver Spur Mine became famous for its rich silver deposits and efficient extraction methods.
