Stellar Resources Ltd (ASX:SRZ, OTC:SLROF) managing director Simon Taylor joins Proactive’s Tylah Tully to discuss an accelorated drilling program at the Heemskirk Tin Project in Western Tasmania, where it now has three diamond drill rigs on-site.
The company has completed 2,723 metres of drilling across seven holes, part of a planned 9,500-metre, 24-hole program.
Drilling is focused on the Severn and Queen Hill deposits, aiming to upgrade inferred resources to the indicated category, extend mineralisation along the trend and establish platforms for downhole electromagnetic (DHEM) surveys.
The first results from this drilling are expected in November, with further results from ore sorting and metallurgical test work anticipated over the December and March quarters.
This drilling supports the ongoing pre-feasibility study (PFS), providing essential inputs such as metallurgical samples, geotechnical data and hydrological study platforms.
The current mineral resource estimate for the Heemskirk Tin Project is 7.48 million tonnes at a grade of 1.04% tin, containing 77,820 tonnes of tin, making it Australia's highest-grade undeveloped tin resource and the third globally.
Metallurgical and ore sorting test work is underway, with initial samples already dispatched.