Download The Findit App

Share Your Posts On These Major Social Networks

Instatag Your Posts to Instagram Facebook + Twitter

News

QualityStocks News - Star Mountain Resources (SMRS) Advances from Exploration to Production with Acquisition of Balmat Zinc Mine

Scottsdale 2/2/2016 8:00:00 PM

QualityStocks would like to highlight Star Mountain Resources, Inc. (OTC: SMRS), a minerals exploration company focused on acquiring and consolidating mining claims, mineral leases, producing mines, and historic mines with production and future growth potential identified through exploration efforts. The company's operations are currently centered on the initiation, production and expansion of acquired mineral resources in the Star Mountain Mining District, Beaver County, Utah and turning them into producing assets.

In the company’s news:

Companies in the mining business are frequently exploring new avenues to make the jump from an exploration stage company up to a sought after company with revenue production. Much like a caterpillar has a relatively dull, uneventful life until it reaches the cocoon stage and emerges as a beautiful butterfly with wings to explore and display its magnificence for the entire world to enjoy, Star Mountain Resources, Inc. (OTC: SMRS) has been in the dull exploration stage searching for a reliable property to call home before it can reap the benefits of mining operations and revenue production. Well, with the recent announcement of its acquisition of the Balmat Zinc Mine in New York, Star Mountain has emerged from its cocoon, so to speak, and should have a much more eventful life moving forward.

The Balmat mining complex – including a 4,000-foot-deep mine, a 5,000-ton-per day flotation mill, an office building and necessary infrastructure for mine operation – was originally shuttered as a result of declining zinc prices, but forecasts for the coming months are promising. According to Mark Osterberg, president and chief operating officer of Star Mountain, zinc prices are set to increase beginning next year following the closure of several zinc mines with depleted reserves.

Demand is the driving force behind most operational business decisions. Basically, if the demand for zinc increases, the price will go up, and companies with proven reserves and production will be very happy – along with their shareholders. This acquisition and the company’s announcement to begin the hiring process for the Balmat Mine may have given Star Mountain the jolt it needed to attract the attention of new investors and analysts. One thing is for sure: once a company starts producing revenue, more people are going to realize that it has started to walk the walk instead of just talking the talk. Making good on your plans and promises is essential for establishing and maintaining your reputation, which, in the small and micro cap space, is worth its weight in gold, or zinc in this case.

About QualityStocks

QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts and connecting subscribers with companies that have huge potential to succeed in the short and long-term future.

To sign up for The QualityStocks Daily Newsletter, please visit www.QualityStocks.net  

To connect with QualityStocks via Facebook, please visit http://Facebook.com/QualityStocksPage

To connect with QualityStocks via Twitter, please visit http://Twitter.com/QualityStocks

Please read FULL disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.net   

Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.

More News

QualityStocks News - Giggles N’ Hugs (GIGL) Delivers Nutritional Menu while Captivating the Small Mall Visitor


Released On: 4/6/2016
Views: 4951

QualityStocks News - Laguna Blends (LAGBF) Adds Pro369 Hemp Protein Product to Affiliate Program


Released On: 4/5/2016
Views: 5484

QualityStocks News - Alternet Systems (ALYI) Big Data Division Helps Clients to the Cloud


Released On: 4/1/2016
Views: 5705

QualityStocks News - Agora Holdings (AGHI) Develops TECH – a Workflow Management Software for Small- to Medium-Sized Businesses


Released On: 3/30/2016
Views: 3239

QualityStocks News - Giggles N’ Hugs, Inc. (GIGL) – Investing in Opportunities for Smart Growth


Released On: 3/29/2016
Views: 4620

QualityStocks News - Star Mountain Resources (SMRS): Gold has a Shimmering Start in 2016


Released On: 3/23/2016
Views: 3333

QualityStocks News - Immune Therapeutics (IMUN) Armed with Expertise in the Immune System to Fight Infectious Diseases


Released On: 3/18/2016
Views: 4659

QualityStocks News - Orphan Drug Status for RPI-78M Boosts Nutra Pharma Corp.’s (NPHC) IP Portfolio


Released On: 3/16/2016
Views: 3540

QualityStocks News - Halitron (HAON) Pursuing Rapid Growth through Acquisition-Based Business Model


Released On: 3/15/2016
Views: 4102

QualityStocks News - The Giggles N’ Hugs (GIGL) Team has Franchising on Its Mind


Released On: 3/10/2016
Views: 3784

QualityStocks News - Dominovas Energy (DNRG): Report Forecasts 50% Growth in SOFC Market By 2020


Released On: 3/9/2016
Views: 3023

QualityStocks News - FlexWeek (FXWK) taps the Access Economy with its Peer-to-Peer Timeshare Rental Platform


Released On: 3/8/2016
Views: 3214

QualityStocks News - Alternet Systems (ALYI) Mining Shareholder Value in Age of Information Overload


Released On: 3/2/2016
Views: 2846

QualityStocks News - Agora Holdings (AGHI) Announces Release of Enhanced FRAME Social Media Management Software for Business Use


Released On: 3/1/2016
Views: 4119

QualityStocks News - Star Mountain Resources (SMRS) Stands to Reap the Rewards of Last Year’s Business Acquisition


Released On: 2/25/2016
Views: 2624

QualityStocks News - Immune Therapeutics, Inc. (IMUN) is “One to Watch”


Released On: 2/24/2016
Views: 2820

QualityStocks News - Nutra Pharma Corporation (NPHC) Presenting at the SeeThruEquity & The Brewer Group 2nd Annual Innovations Investor Conference


Released On: 2/19/2016
Views: 7755

QualityStocks News - GTX Corp. (GTXO) Has You Covered 24/7 with Expert GPS Monitoring Technology


Released On: 2/18/2016
Views: 2836

Load More wait

Map

Quality Stocks

Get Directions

Quality Stocks

  • 3370 N. Hayden Rd., Suite 123-591
    Scottsdale, Arizona 85251
    United States
  • 480-374-1336
  • Monday through Friday