Slide 1: Stellar Resources Limited - Adding value through resource development
For personal use only Stellar Resources Limited Adding value through resource development August 2009 STELLAR RESOURCES LIMITED
Slide 2: Forward Looking Statements
Forward Looking Statements For personal use only This presentation contains only a brief overview of Stellar Resources Limited (“Stellar") and its activities and operations. The contents of this presentation, including matters relating to the geology of Stellar’s projects, may rely on various assump
Slide 3: Company Profile
Company Profile For personal use only Listed on the ASX in 2005 code: SRZ Exploration and Development company Experienced and successful management team Asset base located in South Australia and Tasmania Key Assets Magnetite iron ore in South Australia High-grade tin in Tasmania Exploration Po
Slide 4: Priority Project - Tarcoola Magnetite
Priority Project - Tarcoola Magnetite For personal use only 100% owned by Stellar 10km from TransAustralian Railway Railway links project to proposed bulk ore terminal at Port Bonython Closest of the central SA iron ore projects to rail and port Outside of Woomera Prohibited Area Located
Slide 5: High Tonnage Potential
High Tonnage Potential For personal use only Coolybring (100% SRZ) target of 500 million tonnes of magnetite BIF grading 35% Fe Hicks Hill (ELA) target of 100 million tonnes of magnetite BIF grading 35% Fe Coolybring strike length of 1,500 metres and width of 300 metres potential for 270,000
Slide 6: Conceptual Pit Meets Cost Targets
Conceptual Pit Meets Cost Targets For personal use only Overburden removal 54 million tonnes Waste to ore ratio 1st 5 years 0.85/1.00 LOM waste to ore ratio 1.44/1.00 Mine life 30+ years Attractive mining costs N 1500 metres Prominent Hill provides a local example 6 STELLAR RESOURCES LIMIT
Slide 7: Good Grade and Recovery
Good Grade and Recovery For personal use only Grade averages 35% Fe – typical for BIF Iron recovery is high at 74% on average Mass recovery of 38% is also high Potential to produce a high quality product of 67% Fe and 5% silica by concentrate flotation Impurities are low P ~ 0.01% and Al2O
Slide 8: Coolybring Quality Compared
Coolybring Quality Compared For personal use only Deposits* Ore Grind Weight Concentrate grades Fe Recovered Grade Fe Size Recovery Fe SiO 2 P Al2O 3 Recovery Fe Grade % microns % % % % % % % 1 36 25 40 68 5 0.01 0.10 75 27 2 31 32 40 66 7 0.01 0.10 85 26 Coolybring** 35 25 38 68 5 0.01 0.10 74 26 3
Slide 9: Power Alternatives for Tarcoola
Power Alternatives for Tarcoola 100Mw of power required if all For personal use only processing is conducted at Tarcoola Extend the state grid from Pimba (250km), Olympic Dam (220km) or Port Augusta (400km) to Tarcoola Gas pipeline from Port Augusta to Tarcoola along the rail corridor with a 100
Slide 10: Port Processing Alternative
Port Processing Alternative For personal use only Assuming Coolybring ore is amenable to early silica rejection - there is potential for railing a pre-concentrate to Port Bonython for processing. Limit mine power requirement to 30Mw and diesel generation becomes possible at lower capital cost than
Slide 11: Railway in Place
Railway in Place For personal use only Existing standard gauge rail from project to port Rail is open access capable of handling iron ore trains ARTC recently upgraded track rating to handle 10,000 tonne trains Capacity available for 10 million tpa of iron ore Competitive rail freight rate
Slide 12: Port Bonython - the logical port
Port Bonython - the logical port For personal use only Most logical site for a bulk commodity export terminal Feasibility study on new port completed State Government supportive of port development Port project now on Federal Government register of infrastructure projects BHP Billiton prop
Slide 13: Tarcoola Magnetite Project Summary
Tarcoola Magnetite Project Summary For personal use only 100% owned by Stellar Resources. Potentially large enough to support a 30+ year mining operation. Iron ore grade averages 35% - upgradeable to 68% Fe. Located 10 kilometres from an existing open access railway line. Rail connects the
Slide 14: Heemskirk Tin - Strategic Review
Heemskirk Tin – Strategic Review For personal use only 60% owned Heemskirk Tin Project + 100% owned St Dizier Tin Deposit Heemskirk is largest undeveloped high grade tin resource in Australia Located next to well established infrastructure Tin concentrator 18km away at Renison Bell Yunnan
Slide 15: Queen Hill Focus
Queen Hill Focus For personal use only Queen Hill provides an attractive near surface target for a decline 15 STELLAR RESOURCES LIMITED
Slide 16: High Grade Tin Potential
High Grade Tin Potential For personal use only Queen Hill also offers high grade opportunities LENS CATEGORY Mt % Sn Tonnes Tin Queen Queen Hill Hill Indicated Indicated 1.8 1.8 0.82 0.82 14,800 14,800 Severn Severn Inferred Inferred 5.1 5.1 0.60 0.60 30,700 30,700 Montana Montana Inferred Inferre
Slide 17: Uranium Assets Growing Strongly
Uranium Assets Growing Strongly For personal use only Stellar owns 11% of UraniumSA – 175% share price increase in 2009 UraniumSA announced a 2700t initial inferred U3O8 resource at Blackbush. Exploration to south will cover SRZ JV ground in the September quarter SRZ has encountered anomalou
Slide 18: Warrior Uranium
Warrior Uranium For personal use only Evaluate for sale or joint venture 18 STELLAR RESOURCES LIMITED
Slide 19: Stellar Project Development Dawning
Stellar Project Development Dawning For personal use only Tarcoola magnetite project moving forward - mine study confirms economic pit concept - rail freight estimates are declining - metallurgy and water studies are under-way - coastal processing option more promising - project well placed relati
Slide 20: Competent Person Statement
For personal use only The information in this report that relates to Mineral Resources is based on information compiled by Mr Chris Young who is a member of The Australasian Institute of Mining and Metallurgy and the Australia Institute of Geoscientists. Mr Young has sufficient experience which is r