The Troy Mine
This acquisition includes 78 gold mining claims located east/southeast of El Portal, California, in Mariposa County.
Based on the extensive geological reports, core drilling samples, and existing portals, the company believes it can rapidly bring this mining property into economic production.
Compania Minera Metalurgica (COMMSA)
Star Alliance has executed an agreement to acquire a 51% stake in Compania Minera Metalurgica Centro Americana, SA, (“COMMSA”), a gold mining project in the highlands of Central Honduras. The project runs along a 12.5-mile stretch of the Rio Jalan River. As a part of the agreement, Star Alliance will invest up to US$7.5 million To be used as working capital to further the growth of the project.