Renowned for its high-grade silver, lead, and zinc mineralization, the mine has a legacy dating back to the late 1800s. With past production and modern exploration confirming the site’s potential, Silver Spur represents a compelling opportunity for resource development in a proven mining district.
The Silver Spur lode outcrops are known to have been discovered in the year 1890, but the first official recognition was that of the Mineral Lands Commissioner in the following year. This acknowledgment marked the start of formal mining interest in the area, leading to decades of exploration and development activity.
Just over one kilometre east of Texas Silver lies the Silver Spur slag deposit, a historical stockpile of approximately 95,000 tonnes of silver-rich material that has remained on the Mining Lease for decades.
Recent geological assessments indicate the presence of more than 4 million ounces of silver equivalent within this slag, representing a significant near-surface resource with substantial strategic value.
Silver Star Resources has obtained full ownership and possession of this material, unlocking a low-cost, low-risk processing opportunity. Due to its already liberated nature and ease of handling, the Silver Spur slag offers the potential for rapid, cost-efficient production without the need for conventional mining activities.
This transition provides a unique pathway to early cashflow generation and positions Silver Star Resources to respond quickly to favourable silver market conditions, enabling the company to initiate production at short notice and strengthen its operational flexibility.
Silver Spur has continued to demonstrate consistent and encouraging silver grades across 330 metres of strike, reinforcing confidence in the scale and continuity of mineralisation within this target area. The strength and consistency of results to date position Silver Spur as a highly prospective growth corridor within the broader Texas Silver Project, with clear potential to support resource expansion and enhance the long-term production profile of the operation.
