Stellar Resources

#ASXNews Stellar Resources is pleased to present its quarterly activities report for the period ended 30 September 2024. A key achievement announced in the quarter was the completion of the updated Heemskirk #Tin Scoping Study incorporating the 2023 Mineral Resource Estimate (MRE), which demonstrates robust base case economics and supports our strategy to complete a PFS. Additionally, the company is pleased to have received shareholder approval for Tranche 2 of the $10 million capital raise initiated last quarter to fund the strategy of advancing the world class Heemskirk Tin Project from explorer to developer. #SRZ' Management Director and CEO, Mr Simon Taylor, commented: “Completion of the updated Scoping Study is a significant milestone for the company, as we continue our strategy to advance the Heemskirk Tin Project towards development. “The study demonstrates the robust base case economics of this world class project as well as the significant upside and optimisation potential supporting our decision to undertake a Prefeasibility Study, which is now underway.” VIEW the full report: https://loom.ly/r25URrY #StellarResources #MiningNews #QuarterlyActivities #ASX

#ASXNews Stellar Resources is pleased to present its Corporate Presentation from October 2024, which outlines the significant potential of the Heemskirk Tin Project. Recognised as the highest-grade undeveloped #tin project in Australia and the third globally, the project positions the Company to effectively address the anticipated tin supply shortage. The recent Scoping Study highlights robust economic viability, underscoring the company's commitment to sustainable mining practices through a fully renewable energy supply sourced from local hydro power stations and wind farms. With a well-defined operational plan that includes underground mining and an on-site processing plant, #SRZ aims to minimise its environmental footprint while maximising operational efficiency. The experienced management team is actively advancing the project through extensive #drilling programs and prefeasibility studies, ensuring that the Company remains on track to deliver value to its stakeholders. VIEW the Presentation https://loom.ly/upVntkc #InvestorPresentation #Shareholders #ASX

Notice is given that the Annual General Meeting of Shareholders of Stellar Resources will be held virtually via a webinar conferencing facility at 11.00am (AEDT) on 12 November 2024. Shareholders are encouraged to submit their proxies as early as possible, and in any event, prior to the cut-off date for proxy voting as set out in the Notice. Register in advance for the virtual meeting: https://loom.ly/bopnN3M View Notice/Proxy Form: https://loom.ly/DJK_fBE #StellarResources #SRZ #ASX #mining

Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest announcement from Stellar Resources. #SRZ has accelerated its diamond #drilling program at the Heemskirk #Tin Project in Western Tasmania by adding a third diamond drill rig on-site. View article: https://loom.ly/lzia8-A Watch below for more ⬇️

via Proactive Stellar Resources is ramping up diamond #drilling at its 100%-owned Heemskirk #Tin Project in Western Tasmania, Australia, working to accelerate the project through pre-feasibility studies to be development-ready. Read the article: https://loom.ly/omr9sjo #SRZ #ASX #MiningNews

via Small Caps Stellar Resources has stepped up drilling activity at its Heemskirk tin project in western Tasmania, mobilising a third drilling rig to accelerate its current 24-hole program. To date, #SRZ has completed seven diamond drill holes totalling 2,723 metres, with the first assays expected in November. The approximately 9,500m campaign is focused on the Severn and Queen Hill deposits at Heemskirk, as Stellar aims to upgrade additional resources to the indicated category. Managing Director Simon Taylor said the #drilling results will also impact the current pre-feasibility study (PFS), with sampling being undertaken as part of metallurgical and ore sorting test work. “Work is progressing well at our flagship Heemskirk tin project and a significant infill and extensional diamond drilling program is now further accelerated with a third drill rig mobilised to site,” Mr Taylor said. READ the full Article https://loom.ly/X9htRME #Tin #MIningNews #ASX

#ASXNews DRILLING ACCELERATES AT HEEMSKIRK TIN PROJECT THREE DIAMOND DRILL RIGS NOW OPERATING Stellar Resources is pleased to announce an update to work programs at its 100% owned Heemskirk #Tin Project, in Western Tasmania. • Diamond drilling program progressing, with 2,723 metres completed in 7 holes of the planned 24-hole program for ~ 9,500m. • A third diamond drill rig now mobilised to site to accelerate the program with first assays expected in November. • Drilling is targeting the Severn and Queen Hill deposits, focusing on - upgrading additional resources to the Indicated category, - extending mineralisation along trend, and to - provide platforms for down hole electromagnetic (DHEM) surveys. • Prefeasibility Study (PFS) underway with the drilling program providing key study inputs, including samples for metallurgical and ore sorting test work, geotechnical inputs and to provide a platform for hydrological studies. • Metallurgical and Ore Sorting test work programs underway with an initial 489kg of Severn diamond core samples despatched. • Successful Ore Sorting bench scale first pass test work by Stellar in 2018 indicated that 90% of contained tin can be recovered in 50% of the mass (ie 50% of the mass is rejected as waste) with an increase in head grade from 1.27% to 2.23% tin. • Environmental Baseline studies underway. • The Heemskirk 2023 Mineral Resource Estimate (MRE) amounts to 7.48Mt @ 1.04% Sn (77.82kt contained tin) ranking it as the highest-grade undeveloped tin resource in Australia and third globally. • The Company is well funded with $12.3 million in cash at end of August 2024. #SRZ Managing Director Mr Simon Taylor commented: "Work is progressing well at our flagship Heemskirk Tin Project and a significant infill and extensional diamond drilling program is now further accelerated with a third drill rig now mobilised to site. The drilling is designed to accelerate us through Prefeasibility Studies to make Heemskirk development ready.” See the full announcement: https://loom.ly/KljMa9Y #StellarResources #ASX #MiningNews #mining

via Stockhead Barry FitzGerald: The Stellar credentials that put tin explorer on the map Five weeks ago, Garimpeiro noted that #tin was shaping up as one of the best performed metals for the year and that a bunch of ASX-listed tin stocks stood to benefit. This week Garimpeiro revisits one of them, Stellar Resources. Read the article ➡️ https://loom.ly/KIjL_vk #StellarResources #SRZ #ASX

Following the release of Stellar Resources updated scoping study on the Heemskirk #Tin Project in Tasmania, with strong returns, low capex, and significant potential upside, #SRZ Managing Director Simon Taylor demonstrates confidence in the project with an on-market share purchase. View the Change of Director's Interest Notice: https://loom.ly/q595_E0 #StellarResources #ASXNews #mining

via Doomberg Over the past year, events have been unfolding in the global #tin trade that are causing some to speculate whether yet another crisis might be brewing. It is a story of a failing state in the throes of an ugly civil war, the absence of a critical source of supply, and the stress of demand escalation just as alternative stocks are being depleted. Following successful funding rounds, Stellar Resources primary focus is advancing the Heemskirk Tin Project through its development stages. #SRZ's Heemskirk Tin Project remains Australia's highest-grade undeveloped tin resource and ranks third globally, with a Mineral Resource Estimate of 7.48Mt at 1.04% Sn (77.87kt contained tin). Located in a well-established mining district on Tasmania's West Coast, the project benefits from excellent infrastructure, including nearby water sources, renewable power, access to the port of Burnie for concentrate export and a skilled local workforce. Read more ➡️ https://loom.ly/NfXgWKE #ASX #mining