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 to resume tin exploration at Gourlays, located near Heemskirk
Stellar Resources (ASX: SRZ) is set to resume tin exploration drilling at the wholly owned Gourlays tin/copper prospect, once logistics and access approvals are secured.
Gourlays is located 35kms and within trucking distance from Stellar’s Heemskirk Project, where drilling to extend the resource was undertaken earlier in 2010.
Depending on results, the rig will either continue drilling at Gourlays after the first hole or re-locate to the Heemskirk Tin Project.
Eariler in the year, Stellar announced some near surface high grade results from Queen Hill, within the Heemskirk Tin Project which included:
- 21.2 metres grading at 0.82% tin, including 3.0 metres grading at 1.87% tin; and
- 5.0 metres grading at 1.56% tin.
Stellar holds a 60% interest in the Heemskirk Project with joint venture partner Gippsland (ASX: GIP) and can increase its holding to 70% by completing a feasibility study.


















