Silver Star Resources

A district-scale silver opportunity in Queensland with historical production, existing infrastructure, and significant growth potential

Silver Star Resources brings together the Twin Hills, Mount Gunyan and Silver Spur mines, along with the associated mining leases and exploration permits, across approximately 73,639 hectares in Queensland, Australia. 

Located near Texas on the Queensland–New South Wales border, the project combines a proven mining history with established infrastructure, defined silver resources, reprocessing potential, and broader district-scale exploration upside. 

Project Overview

A consolidated silver and polymetallic district in southern Queensland

Silver Star Resources is centred on a large and highly prospective mineral district near Texas, Queensland. The project incorporates historical mining centres, existing mining leases, and extensive exploration ground across a strategically assembled land package in one of Australia’s established mining jurisdictions.

This is not a greenfield concept. Silver Star Resources combines historical production, existing site infrastructure, defined mineral resources, and district-scale exploration potential, creating multiple pathways for future development and value growth.

Why Silver Star Resources?

A compelling foundation for redevelopment and growth

Historical production and established infrastructure

Silver Star Resources is built around a historical mining district with a proven operating history. Previous mining activity, established infrastructure, and past capital investment provide a strong foundation for future redevelopment and help distinguish the project from early-stage exploration ventures.

Large district-scale landholding

The project spans approximately 736.4km² / 73,639 hectares, covering a substantial footprint across the Texas district. This extensive landholding provides exposure to multiple deposits, near-resource extensions, and broader regional exploration opportunities. 

Defined silver resource with expansion potential

Silver Star Resources has a current JORC silver equivalent resource of 26.55 million ounces, with ongoing work directed toward growing the resource base through refined geological interpretation and additional drilling.

Reprocessing opportunity from historical tailings and stockpiles

The project includes approximately 2.5 million tonnes of historical tailings and stockpiles, containing an estimated 6.35 million ounces of AgEq in above-ground resource and representing an additional development pathway. Because these materials are already accessible on site, they may provide an opportunity for value recovery and early cashflow generation without the need for additional mining, while supporting broader project advancement.

Broader polymetallic upside

In addition to silver, the district hosts exploration potential for antimony, copper, gold, lead and zinc, supported by historical mining, geological data, and newly identified targets across the broader project area. 

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Project Location

Silver Star Resources mining leases and exploration permits are strategically located near Texas, Queensland, along the Queensland–New South Wales border. The site benefits from practical access to regional infrastructure and services, situated approximately four hours from Brisbane and around nine hours from Sydney CBD. 

This location supports project accessibility while placing Silver Star Resources within a well-known and highly prospective mineral region.

Project location relative to Brisbane, Sydney and other major east coast centres.

Mining Leases and Exploration Permits

Resource and Growth Potential

Defined silver resources with clear upside

With further geological work underway and updated district-scale interpretation being developed, the project offers clear potential for additional resource growth.

The broader district is not limited to a single deposit. Silver Star Resources consolidated landholding incorporates multiple known mineralised zones, near-resource opportunities, and underexplored targets that may contribute to future expansion.

Tailings and Stockpile Opportunity

A second pathway to value creation

A key part of the Silver Star Resources opportunity is the presence of approximately 2.5 million tonnes of historical tailings and stockpiles already located on site. These materials represent a potential opportunity for future reprocessing and recovery.

Previous processing achieved less than 50% silver recovery, with the potential for materially improved outcomes through upgraded processing methods. Improved recovery rates are expected to be achieved with the support of specialised commissioning and processing companies that bring decades of experience in optimising similar material streams, allowing this legacy material to form part of a broader redevelopment strategy.

Exploration Potential

Multiple targets across a highly prospective district

Silver Star Resources controls a large polymetallic system with known mineralisation across silver, lead, zinc, copper, gold and antimony. Ongoing geological work and updated deposit models are helping define new drill targets and possible extensions to known mineralisation across the district.

With multiple targets still untested, Silver Star Resources offers meaningful upside beyond its current defined resource base.

Project History

Built on a long mining legacy

Silver Star Resources is founded on a district with a long and established mining legacy. The site has seen production, exploration, development, and infrastructure investment over decades, followed by continued interest in exploration and redevelopment through changing market cycles, culminating in its acquisition by Silver Star Resources in December 2024.

1892
Silver Spur mine is born

Silver Spur Mine officially opens, focusing on silver and lead production producing over 2 Million ounces of silver between 1892-1913

Early 1900's
Initial survey

Initial geological surveys indicate base metal deposits in the Mt. Gunyan area.

Prospecting and early discoveries at the future site of the Twin Hills Mine.

1930's
Mt Gunyan is explored

Detailed exploration at Mt. Gunyan identifies substantial deposits of copper & zinc.

1932
Silver & lead discovered

Significant silver & lead deposits discovered at the future site of the Twin Hills Mine.

1942
Development begins

Development begins at Mt. Gunyan Mine, with initial copper extraction and construction of key site infrastructure to support future mining operations

1950's - 1960's
Zinc & lead expansion

Mt. Gunyan Mine expands operations to include zinc and lead.

Silver Spur Mine experiences a resurgence in production.

1969
Official Opening of the Twin Hills Mine

Twin Hills Mine officially opens, bringing modern processing facilities and enabling large-scale silver and base metal production across the district

1970's
Peak production

Twin Hills Mine enters peak production, delivering strong silver and base metal output and playing a key role in the local mining economy

1980's
Gold discovery

Discovery of significant gold deposits near Twin Hills prompts exploration.

Mt. Gunyan Mine closes due to economic pressures.

1990's
Crushing plant

A modern crushing plant is commissioned on site, increasing ore processing efficiency and supporting expanded mining operations

2010's
Closure & Restart

Temporary closure and reopening of Twin Hills Mine due to poor Silver prices.

Feasibility study conducted at Mt. Gunyan for potential restart.

2018
Further expansion

Expansion projects commence at Twin Hills, including infrastructure upgrades and new exploration aimed at extending the mine’s operational life

2020's
Mining ceased, exploration continued

Due to low silver prices Mining operations cease with a focus on exploration initiated at Mt. Gunyan.

2024
Acquired by Silver Star Resources

The Texas Silver mine and assets acquired by Silver Star Resources

Site Drive-Through Video

See the project on the ground

Take a guided drive-through of the Silver Star Resources Project and explore key access routes, infrastructure, and surrounding terrain.

The video provides a practical on-site perspective of the project layout and development areas, helping visitors better understand the scale and accessibility of the district.

A compelling silver opportunity built for growth

Silver Star Resources brings together a rare combination of scale, history, infrastructure, and opportunity. With a consolidated district-scale land package, historical mining operations, a defined silver resource, above-ground reprocessing potential, and broader exploration upside, the project offers multiple pathways for future development.

Backed by an established foundation and clear growth potential, Silver Star Resources is positioned as a standout silver redevelopment and exploration opportunity in Queensland.