Company
ASX:SRZ
Stellar Resources is an ASX listed company focused on developing its world class Heemskirk Tin Project in the stable tier-1 mining friendly jurisdiction of Western Tasmania. Prefeasibility Study activities are underway with an output aiming to rank Heemskirk as a top 10 global tin producer.
77 stories · page 3 of 4
The Tasmania-focused tin explorer is particularly excited by results from hole ZS148, which returned the second-best tin intersection on record at Severn on a grade-by-thickness basis.
The program "includes a deeper hole planned to test the exciting South Severn geophysical target, which will also pass through the projected southern extension of the Severn resource,” said executive director Gary Fietz.
“The ZS143W results, along with the ZS143 parent hole and ZS140 Phase 1 drilling results, highlight the potential for the Severn resource to be expanded significantly at depth. Severn is already by far the largest of the four deposits compr
“This application adds to the strategic package of EL’s and EL applications Stellar has assembled in NE Tasmania which, in addition to being highly prospective for high-grade Victorian slate belt style gold mineralisation, hosts excellent p
Severn and Queen Hill are the two largest Heemskirk Project deposits with a combined mineral resource of 5.33 million tonnes at 1.0% tin, of which 40% is indicated and 60% inferred.
The best intersection came from a fissure vein with a downhole interval of 1.2 metres returning 31.8 oz/t silver, 23.9% lead, 0.4% zinc and 0.1% copper.
The company plans to drill this target towards the end of the current Phase 1 drilling program.
The first results from the phase one drilling program already show promise. But Stellar’s eyes are already trained on another hole in progress that’s likely to yield even better results.
The company is advancing its high-grade Heemskirk Tin Project and plans to become Australia’s second largest producer of tin.
Previous drilling shows resource exists below and down plunge of the open pit.
Stellar Resources Ltd Sydney/Melbourne Investor Luncheon Presentation
Stellar wholly-owns the Heemskirk Tin Project, the highest grade undeveloped ASX-listed tin project.Find out the next steps when Peter Blight presents at Proactive's Spotlight CEO Investor Sessions, 4/5 October 2016. Register today!
