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South Star Battery Metals Announces Approval of Phase 1 Construction Permit for Santa Cruz Mine in Brazil, Meetings with Bahia State Development and Industry Agency and Salvador Authority Port Facility, Canadian Business Journal

VANCOUVER, British Columbia, September 19, 2022 (GLOBE NEWSWIRE) — South Star Battery Metals Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF) announced that South Star will On September 15, 2015, we obtained a construction permit for the Santa Cruz mine in Brazil from the city of Itabera. In addition, Southstar held meetings with representatives of Bahia’s development agencies, the Bahia Industry Confederation, and port facilities. Salvador, Bahia.

South Star CEO Richard Pearce said: We would like to thank the Mayor of Itabera and his team for their continued support of Southstar. We look forward to working closely with them through construction and the start of commercial production in Q4 2023. ”

Pierce continues: Additional details were provided on Santa Cruz and planned growth through Phase 2 (25,000 tpy in concentrate) and Phase 3 (50,000 tpy in concentrate). Santa Cruz will be the municipality’s first major industrial facility, and he will become one of the largest facilities in the area as it expands operations. The State of Bahia has a long and successful history of developing and operating mineral resources and we are proud to operate in a state with strong ties to this sector. Salvador’s port facilities are world class and he is one of several excellent options for exporting our products to the world. Santa Cruz has an unparalleled existing infrastructure to support its planned expansion. Existing infrastructure and facilities are key factors contributing to low capital intensity and projected first quartile operating costs. We look forward to producing new graphite in the Americas for the first time in decades. Thank you to all delegates and our team for participating in these productive meetings and supporting South Star. “

About South Star Battery Metals Corporation

South Star Battery Metals Corp. is a Canadian battery metals project developer focused on the selective acquisition and development of short-term production projects in the Americas. South Star’s Santa Cruz graphite project in the southern state of Bahia, Brazil, is the first in a series of industrial and battery metals projects to go into production. Brazil is the world’s second largest graphite producer and has been mined for over 80 years. There is mineralization on the surface of the friable material at Santa Cruz and a large pilot his plant trial (>30t) has been successfully completed. The results of the test show that about 65% of the Cg concentrate is +80 mesh with good recovery and 95%-99% of his Cg. With excellent infrastructure and logistics, South Star is on track to develop plans for Phase 1 production scheduled for Q4 2023 (Q4 mentioned in his second paragraph) It has been).

The next project in South Star’s development pipeline is in Alabama, the heart of the developing electric vehicle, aerospace and defense hub in the southeastern United States. A historic mine that was active during World War I and II, the project has commenced its first drilling campaign, with results expected in the first quarter of 2023. Trenching, sampling, analysis and preliminary metallurgical testing have been completed. Tests have shown that a conventional crushing/grinding/flotation thickening circuit achieves a grade of about 96-97% with a recovery rate of about 86%. South Star is executing plans to create a multi-asset, diversified battery metals company with short-term operations in strategic jurisdictions. South Star trades on TSX Venture Exchange under symbol STS and on OTCQB under symbol STSBF.

South Star is committed to a corporate culture, project execution plans and safe operations that embrace the highest standards of ESG principles based on transparency, stakeholder engagement, continuing education and stewardship. For more information, please visit the company website http://www.southstarbatterymetals.com..

This news release has been reviewed and approved by Richard Pearce, PE, President and CEO of South Star Battery Metals Corp, “Qualified Person” of National Instrument 43-101.

On behalf of the Council,

Mr Richard Pearce
Chief executive officer

For more information, please contact:

South Star Investor Relations (Canada IR)
Email: [email protected]
+1 (604) 706-0212 x3002

RBMG – RB Milestone Group LLC (IR US)
Trevor Burkato, Managing Director
Email: [email protected]

twitter: https://twitter.com/southstarbm
Facebook: https://www.facebook.com/southstarbatterymetals
LinkedIn: https://www.linkedin.com/company/southstarbatterymetals/
Youtube: South Star Battery Metals – YouTube


Neither TSX Venture Exchange nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) are responsible for the adequacy or accuracy of this press release.

Forward-Looking Information

This press release contains “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements relate to information based on management’s assumptions, projections of future results and estimates of amounts that cannot yet be determined. Statements that represent projections, expectations, beliefs, plans, projections, objectives, assumptions, or future events or performance may be “forward-looking statements” and not statements of historical fact. Forward-looking statements in this press release include, but are not limited to, statements regarding the following: Company plans and expectations.

Forward-looking statements are subject to various risks and uncertainties that may cause actual events or results to differ from those reflected in the forward-looking statements. on acceptable terms; risks associated with the consequences of legal proceedings; Political and regulatory risks associated with mining and exploration. Risks associated with maintaining a stock exchange listing. Risks related to environmental regulation and liability. potential delays in completing exploration or development activities or feasibility studies; uncertainties in profitability; risks and uncertainties regarding interpretation of drilling results, geology, deposit grade and continuity; the uncertainties inherent in production and cost estimates and the risks associated with the possibility of unexpected costs and expenses; the results of pre-feasibility and feasibility studies and the results of future exploration, development or mining may not meet our expectations; Risk associated with fluctuations in commodity prices. and other risks and uncertainties relating to our prospects, assets and business that are detailed elsewhere in our disclosure records. If one or more of these risks and uncertainties materializes, or if the underlying assumptions prove incorrect, actual results may differ materially from those set forth in the forward-looking statements. There is a possibility. Investors are cautioned against ascribed undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and we undertake no obligation to update or revise them to reflect new events or circumstances. Actual events or results may differ materially from our expectations and projections.

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South Star Battery Metals Announces Approval of Phase 1 Construction Permit for Santa Cruz Mine in Brazil, Meetings with Bahia State Development and Industry Agency and Salvador Authority Port Facility, Canadian Business Journal

Source link South Star Battery Metals Announces Approval of Phase 1 Construction Permit for Santa Cruz Mine in Brazil, Meetings with Bahia State Development and Industry Agency and Salvador Authority Port Facility, Canadian Business Journal

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