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SMRS Mining Across Borders

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QualityStocks Member Level  Wednesday, 05/11/16 12:47:01 PM
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SMRS Mining Across Borders

The skilled and seasoned mining executives that make up the board of directors and senior management of Star Mountain Resources (OTC: SMRS) are steering the company to success by pursuing high-grade mining assets. In the same spirit that humans have been mining since prehistoric times, Star Mountain Resources is taking advantage of ‘golden’ mining opportunities and exploring for base and precious metals such as gold, silver, copper, lead, zinc, silica and zircon across North America.

A junior mining and exploration company, Star Mountain Resources acquires and consolidates mining claims, mineral leases, producing mines and historic mines in the United States. The Arizona-based company also identifies claims, leases and mines with excellent potential for production and growth.

Within the world of mining, companies fall into one of two groupings. They are either major or junior mining companies. Junior mining companies like Star Mountain Resources typically take the lead on exploring and providing major companies with new sites to mine. They are the ‘hunters’ of the industry and work to secure its future, and, while their revenues rarely surpass $50 million, it is junior companies like this one that propel industry growth. The major mining companies, on the other hand, are the “producers.” With their abundance of resources (they are often publicly-held, transnational firms with revenues of $500 million or more), they have the ability to take on this role, manage the ongoing mining operations needed to take out target minerals from the ground and handle the closing of mines and the reclamation of the land, once a site stops producing.

Since December of 2014, Star Mountain Resources has been better reflecting its focus on its holdings in the Star mining district of southern Utah. This Star Mountain/Chopar mine project (in Beaver County, Utah) comprises of 116 lode-mining claims and four metalliferous mineral lease sections located on 3,730 acres. To date, its exploration activities there include geological analysis and a limited reverse circulation and core drilling program. Star Mountain Resources also has mineral resources in West Ogden, Utah, where it means to focus on initiating, producing and expanding these resources to turn them into producing assets. The company is also restarting its mining activities in the Balmat mining district in upstate New York.

For more information, visit www.starmountainresources.com

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