Texas Silver Project
Texas Silver Project · Southern Queensland, Australia

A Staged Restart Strategy Backed by Existing Infrastructure and Significant Silver Resources

Silver Star Resources is advancing the Texas Silver Project in Southern Queensland through a disciplined staged restart strategy designed to generate early cash flow while unlocking the long-term potential of a historically proven Australian silver district.

Leveraging existing infrastructure, defined resources and a capital-efficient development pathway, the project is positioned to transition from restart readiness to long-term production.

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Project Overview

The Texas Silver Project

The Texas Silver Base Metal District spans the Twin Hills, Mount Gunyan and Silver Spur deposits across the Granite Belt in Southern Queensland — a footprint of historic production, extensive drilling and established infrastructure that few restart opportunities in Australia can match.

Ownership of the project has consolidated over time, from historic operators through to Moreton Resources’ administration in 2020, Thomson Resources’ acquisition in 2021, and Silver Star Resources’ acquisition of the project in December 2024 — bringing a single, disciplined strategy to the district’s next phase.

Rather than a greenfield approach, the Company is executing a staged restart that puts existing assets to work quickly, turning historic surface material into near-term cash flow while the pathway to long-term hard-rock production is carefully sequenced and de-risked.

See the Staged Restart Strategy
Project Overview Video
Project Highlights

Key Investment Fundamentals

Established Resource

26.55 Moz AgEq defined under the JORC (2012) Code, spanning both surface and underground inventories across the district.

Three Deposits, One District

Twin Hills, Mount Gunyan and Silver Spur sit within a single 73,639 ha tenement package — giving the project scale most single-mine restarts don't have.

Consolidated Ownership History

A century of mining activity and multiple prior operators have shaped the district, with Silver Star Resources' 2024 acquisition bringing the tenements under a new, disciplined restart strategy.

District Scale Growth

Extensive exploration tenure beyond the "three core deposits provides significant long-term expansion opportunities.

32.9 Moz AgEq Total Silver Endowment

Combined silver endowment comprising the defined JORC Resource and Surface Inventory, presented separately for a complete view of the project's silver inventory.

Investment Highlights

A Disciplined Case for Long-Term Value

1

Established Resource Base

26.55 Moz AgEq JORC Resource supported by accessible surface inventories.

2

Historic Mining District

A century of production and extensive drilling underpin the resource with proven, real-world geological data.

3

Lower Capital Restart

Leverages existing infrastructure to reduce upfront capital requirements.

4

Early Cash Flow Strategy

Designed to generate cash flow through staged surface processing.

5

District Growth Potential

Large surrounding exploration permits support future discoveries.

6

Capital Efficient Development

A disciplined staged approach that balances risk and long-term value creation.

Project Location

Major Restartable Australian Silver District

The Texas Silver Project is located in southern Queensland, approximately 10 kilometres east of Texas, a small regional town near the Queensland–New South Wales border. The project is road accessible, roughly four hours from Brisbane and nine hours from Sydney. It comprises the Twin Hills, Mount Gunyan and Silver Spur mining leases, together with surrounding exploration permits across a historically significant silver district with substantial remaining resources.

10 km
East of Texas
4 Hrs
From Brisbane
9 Hrs
From Sydney
73,639 ha
Exploration Tenure
Map showing the Texas Silver Project location
Texas
Project
Brisbane
Sydney
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The Staged Restart Strategy

Five Stages, One Disciplined Pathway

A capital-efficient sequence that moves from restart readiness to long-term hard-rock production, unlocking value at every stage rather than waiting for a single outcome.

1
Stage One

Care and Maintenance - Completed

Site care and maintenance completed, preserving the asset ahead of restart.

2
Stage Two

Surface Processing - Open

Reprocessing the processing area and remining sediment to generate early cash flow.

3
Stage Three

Silver Spur Slag Recovery - Pending

Slag processing paired with recommenced exploration drilling — a high-grade opportunity bridging early operations with long-term production.

4
Stage Four

Hard-Rock Restart - Pending

Restarting hard-rock mining with continued drilling, transitioning into long-term production supported by the project's JORC resource.

5
Stage Five

Pyrometallurgical Recovery - Pending

Pyrometallurgical recovery processing with continued drilling, extending value recovery from the district.

Our History

A Legacy Built Over Generations

Est. 1900s

Historic Mining

Early silver production establishes the district's foundations.

Mid-Century

District Consolidation

Tenements and operations unified under coordinated management.

Later Years

Modern Exploration

Systematic drilling defines the district's true resource potential.

Development

Infrastructure Development

Processing and site infrastructure established for future restart.

Transition

Project Rehabilitation

Site stabilisation work protects the asset for its next phase.

Today

Silver Star Resources

New ownership brings disciplined, staged development strategy.

Ahead

Staged Restart

The next chapter: restart readiness through to production.

Site Drive-Through

Experience the Texas Silver Project

Explore the scale of the project through a cinematic site drive-through showcasing the existing infrastructure, processing facilities and surrounding mining district that form the foundation of Silver Star Resources’ staged restart strategy.

Site Drive-Through Video
Mining the Mine, Not the Market

Building Australia's Next Major Silver Restart Story

Silver Star Resources is advancing a disciplined, capital-efficient strategy that combines existing infrastructure, defined resources and staged development to unlock the long-term potential of one of Australia’s historic silver districts.