www.stellarresources.com.au
Stellar Resources (ASX: SRZ) holds two priority advanced resource projects - a major magnetite project located in South Australia and a high grade tin deposit in Tasmania - as well as a number of exploration properties targeting copper, gold, uranium and nickel.
The company's aim is to develop a minimum 5 million tonne per annum magnetite operation based on the completion of a successful feasibility study at Tarcoola iron ore project in central South Australia.
Stellar Resources responds to ASX query on price and volume
A big share spike in Stellar Resources (ASX:SRZ) shares to $0.185 on Friday 8 October from $0.11 on Wednesday 6 October, has prompted an ASX price and volume query request to Stellar.
Stella said it is not aware of any material information that has not been announced which could explain the sudden investor interest, while re-affirming some of the company's objectives.
Stella then stated:
'Stellar has a diverse range of mineral development projects in three states of Australia.'
'The company has been nominating iron ore, tin and uranium as its lead projects.'
'We have observed market interest in tin firming up of late with investors showing interest in companies holding tin assets.'
'Through its dedicated subsidiary, Columbus Metals Limited, Stellar holds a 60% interest in the substantial Heemskirk Tin Project in Tasmania.'
'We refer you to a string of recent announcements, which include drill results.'
Stella shares opened stronger at $0.20 on Monday 11 October, subsequently easing in intra-day morning trade today to $0.18.


















