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Company Description

South Star Battery Metals is focused on the selective acquisition and development of near-term production projects. South Star is driven to create fundamental value in the industrial metals and battery metals sector for clients and investors with real projects that have strong intrinsic financial and operating metrics, and that can be profitable throughout the resource cycles. South Star has an experienced executive team with a strong history of discovering, developing, building and operating profitable mines in Brazil.


The Santa Cruz Graphite mine, located in Southern Bahia, is the first of a series of battery metals projects that will be put into production. Brazil is the second-largest graphite-producing region in the world with more than 80 years of continuous mining. The mine has at-surface mineralization in friable materials, and successful large-scale pilot-plant testing (>30t) has been completed. The results of the testing show that approximately 65% of Cg concentrate is +80 mesh with good recoveries and 95-99% Cg. With excellent infrastructure and logistics, construction was complete in Q2 2024 and will start commercial production in Q3 2024.


The Santa Cruz mine is being developed in a phased approach. Phase 1 operations for the 5,000 tpy pilot plant operations are fully licensed, and the Company started construction in June 2022 with commercial production targeted for Q3 2024.  Phase 2 operations will represent a larger-scale concentration plant currently planned to produce between 25,000 to 30,000 tpy of concentrate. The sizing of the Phase 2 plant could be increased depending on the successes of the Phase 1 operations, ongoing development of commercial relationships, and market conditions.


>>>The BamaStar Project

The Project is located on the northeast end of the Alabama Graphite Belt and covers approximately 500 acres in Coosa County Alabama. The Project is a historic mine active during World Wars I & II. The Ceylon Graphite mine historically targeted friable outcropping graphite mineralization, averaging approximately 3-5% graphitic carbon. Mineralization is at surface, and the graphitic host rock was mined historically with shovels and excavators with no drilling and blasting required.


South Star is committed to a corporate culture, project execution plan and safe operations that embrace the highest standards of ESG principles based on transparency, stakeholder engagement, ongoing education and stewardship.

Investor Inquiries

1 604 706-0212 ext 3002



Share Structure as of
May 1, 2024

Cap Table (000s)*
Shares Outstanding52,560
Warrants (@ $1.11)27,144
Options (@ $0.43)1,623
Fully Diluted81,661
Market Cap @ $0.55C$28.9 M
  • Reporting Jurisdictions: British Columbia, Alberta

  • Stock Exchange: TSX Venture, OTCQB

  • Date of Formation: Nov 8, 1984

  • Stock Symbol: TSXV: STS, OTCQB: STSBF

  • Jurisdiction Where Formed: British Columbia

  • Auditor: MNP LLP

  • Industry Classification: Junior Natural Resource – Mining

  • CUSIP Number: 85858D

  • Transfer Agent: Computershare Trust Company of Canada

  • Financial Year-End: Dec 31