South Star Battery Metals Announces Appointment of Richard Vigil as Vice President of Operations
South Star Battery Metals Announces Appointment of Richard Vigil as
Vice President of Operations
Vancouver, Canada, May 01, 2024– South Star Battery Metals Corp. (“South Star”or the“Company”) (TSXV:
STS) (OTCQB: STSBF), is pleased to announce that Richard Vigil has been appointed as Vice President of
Operations of the Company.
Mr. Vigil is a mining engineer with an MBA specializing in international business and finance. He has 15 years of
experience evaluating mines and projects globally but with a focus on the Americas. His expertise includes
assessing the technical and economic merits of operations/projects and risks for international banks, stream and
royalty companies, and being an independent technical mining consultant. He has evaluated mines/projects in
graphite, gold, silver, lead, zinc, copper, uranium, molybdenum, iron ore, and metallurgical coal. His background
as both a mining engineer in operations and as a technical advisor will contribute to Santa Cruz’s ramp-up and
expansion, as well asBamaStar’s advancement from studies to the future planned production.His technical focus
has been on mining methods, mine design, resource and reserve estimation, processing, market studies, National
Instrument 43-101 reports, risk assessment, OPEX/CAPEX/margin analysis, and corporate advisory. He went to
the Colorado School of Mines and Tulane University, and is US based.
Richard Pearce, CEO of South Star, remarked,“We are thrilled to welcome Rich to our team and look forward to
his operational and technical expertise as we expand operations in Brazil and advance the upcoming technical
studies for both Santa Cruz and BamaStar. As we scale operationsand expand our team, it’svital to hire
experienced professionals with proven track records to deliver milestones safely and responsibly in partnership
with our communities, clients, and other stakeholders. It is great to have someone of Rich’s caliber join South Star
at this critical juncture as we transitionfrom a developer to an operator.”
ABOUT SOUTH STAR BATTERY METALS CORP
South Star Battery Metals Corp. is a Canadian battery metals project developer focused on the selective
acquisition and development of near-term production projects in theAmericas. South Star’s Santa Cruz Graphite
Project, located in Southern Bahia, Brazil is the first of a series of industrial and 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. Santa Cruz 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
graphite concentrate is +80 mesh with good recoveries and 95%-99% graphitic carbon (Cg). With excellent
infrastructure and logistics, South Star is fully funded for Phase 1, and the construction and commissioning are
underway. Santa Cruz will be the first new graphite production in the Americas since 1996, with Phase 1
commercial production projected in Q3 2024. Phase 2 production (25,000 tpa) is partially funded and planned
for 2026, while Phase 3 (50,000 tpa) is scheduled for 2028.
South Star’s second project in the development pipeline is strategically located in Alabama in the center of a
developing electric vehicle, aerospace, and defense hub in the southeastern United States. The BamaStar Project
includes a historic mine active during the First and Second World Wars. A NI43-101 technical report with the
maiden resource estimate has been filed on SEDAR. Trenching, Phase 1 drilling, sampling, analysis, and
preliminary metallurgical testing have been completed. The testing indicates a traditional crush/grind/flotation
concentration circuit that achieved grades of approximately 94-97% Cg with approximately 86% recoveries. South
Star is executing on its plan to create a multi-asset, diversified battery metals company with near-term operations
in strategic jurisdictions. South Star trades on the TSX Venture Exchange under the symbol STS, and on the OTCQB
under the symbol STSBF.
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. To learn more, please visit the Company website at http://www.southstarbatterymetals.com.
This news release has been reviewed and approved by Richard Pearce, P.E., a “Qualified Person” under National
Instrument 43-101 and President and CEO of South Star Battery Metals Corp.
On behalf of the Board,
MR. RICHARD PEARCE
Chief Executive Officer
For additional information, please contact:
South Star Investor Relations
Email: [email protected]
Phone:+1 (604) 706-0212
Website: www.southstarbatterymetals.com
Twitter: https://twitter.com/southstarbm
Facebook: https://www.facebook.com/southstarbatterymetals
LinkedIn: https://www.linkedin.com/company/southstarbatterymetals/
YouTube: South Star Battery Metals–YouTube
CAUTIONARY STATEMENT
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the
TSX Venture Exchange) accepts responsibility 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 legislation.
Forward-looking statements relate to information that is based on assumptions of management, forecasts of
future results, and estimates of amounts not yet determinable. Any statements that express predictions,
expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not
statements of historical fact and may be“forward-looking statements”. Forward-looking statements in this press
release include, but are not limited to statements regarding moving Santa Cruz into production and scaling
operations as well as advancing the Alabama project; andthe Company’s plans and expectations.
Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or
results to differ from those reflected in the forward-looking statements, including, without limitation: risks related
to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of
legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the
maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for
delays in exploration or development activities or the completion of feasibility studies; the uncertainty of
profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity
of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential
for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future
exploration, development or mining results will not be consistent with the Company's expectations; risks related
to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties
and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and
uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially
from those described in forward-looking statements. Investors are cautioned against attributing undue certainty
to forward-looking statements. These forward-looking statements are made as of the date hereof and the
Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual
events or results could differ materially from the Company's expectations or projections.