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.

The project has moved through several stages of consolidation over time, bringing together a historically significant district under a single, disciplined restart strategy since Silver Star Resources’ acquisition in December 2024.

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
Investment Highlights

Five Stages, One Disciplined Pathway

Aerial view of the project site and surrounding resource area at dusk Historic mine headframe and heritage infrastructure at the district Wide landscape view of the exploration district at sunrise
  1. Established Foundation

    Established Resource Base

    26.55 Moz AgEq JORC Resource supported by accessible surface inventories.

  2. Proven Heritage

    Historic Mining District

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

  3. Disciplined Restart

    Lower Capital Restart

    Leverages existing infrastructure to reduce upfront capital requirements.

  4. Sustainable Cash Flow

    Early Cash Flow Strategy

    Designed to generate cash flow through staged surface processing.

  5. Growth Potential

    District Growth Potential

    Large surrounding exploration permits support future discoveries.

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 covers a historically significant silver district with substantial remaining resources and 73,639 ha of exploration tenure.

The Staged Restart Strategy

The Road to a Staged Restart

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 - Finalising

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

2
Stage Two

Surface Processing - Upcoming

Processing of historical tailings and processing ponds remining through the existing infrastructure, generating early cash flow

3
Stage Three

Silver Spur Slag Recovery - Scheduled

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

4
Stage Four

Hard-Rock Restart - Scheduled

Restarting hard-rock mining and transitioning into long-term production, backed by the project's defined JORC resource.

5
Stage Five

Pyrometallurgical Recovery - Scheduled

Pyrometallurgical recovery processing to extend value recovery from the district, supported by continued drilling.

Our History

A Legacy Built Over Generations

1892
1892

Silver Spur mine is born

Silver Spur Mine officially opens, focusing on silver and lead production producing over 2 Million ounces of silver between 1892-1913

Early 1900's
Early 1900's

Initial survey

Initial geological surveys indicate base metal deposits in the Mt. Gunyan area. Prospecting and early discoveries at the future site of the Twin Hills Mine.

1930's
1930's

Mt Gunyan is explored

Detailed exploration at Mt. Gunyan identifies substantial deposits of copper & zinc.

1932
native silver small

Silver & lead discovered

Significant silver & lead deposits discovered at the future site of the Twin Hills Mine.

1942
1942

Development begins

Development begins at Mt. Gunyan Mine, with initial copper extraction and construction of key site infrastructure to support future mining operations

1950's - 1960's
lead zinc consulment

Zinc & lead expansion

Mt. Gunyan Mine expands operations to include zinc and lead. Silver Spur Mine experiences a resurgence in production.

1969
1969

Official Opening of the Twin Hills Mine

Twin Hills Mine officially opens, bringing modern processing facilities and enabling large-scale silver and base metal production across the district

1970's
edit

Peak production

Twin Hills Mine enters peak production, delivering strong silver and base metal output and playing a key role in the local mining economy

1980's
gold small

Gold discovery

Discovery of significant gold deposits near Twin Hills prompts exploration. Mt. Gunyan Mine closes due to economic pressures.

1990's
edit 13

Crushing plant

A modern crushing plant is commissioned on site, increasing ore processing efficiency and supporting expanded mining operations

2010's
closed

Closure & Restart

Temporary closure and reopening of Twin Hills Mine due to poor Silver prices. Feasibility study conducted at Mt. Gunyan for potential restart.

2018
expand

Further expansion

Expansion projects commence at Twin Hills, including infrastructure upgrades and new exploration aimed at extending the mine’s operational life

2020's
explore

Mining ceased, exploration continued

Due to low silver prices Mining operations cease with a focus on exploration initiated at Mt. Gunyan.

2024
Silver Star Logo

Acquired by Silver Star Resources

The Texas Silver mine and assets acquired by Silver Star Resources

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.