Stellar Resources Limited · ASX:SRZ
Stellar Resources — Investor Presentation (April 2021)
27 slides from Stellar Resources's investor presentation, Apr 12, 2021
Slide 1: Investor Presentation
For personal use only Investor Presentation Developing The World Class Heemskirk Tin Project and Exploring for Victorian-Style Gold in Tasmania 12 April 2021 ASX: SRZ 1
Slide 2: Board of Directors and Corporate
Board of Directors and Corporate For personal use only SIMON O’LOUGHLIN, THOMAS WHITING, NON-EXEC DIRECTOR Corporate Summary (9/04/2021) NON-EXEC CHAIRMAN LAWYER GEOPHYSICIST Share Price 2.4c Founder of O’Loughlins Lawyers, Over 40 years in minerals Shares on Issue 756,091,058 an Adelaide based spec
Slide 3: Investment Highlights
Investment Highlights Heemskirk Tin Project (West Coast Tasmania) NE Tasmania Gold Exploration For personal use only 1. Why Invest in Tin? 1. NE Tasmania is a continuation of the Victorian • This year tin has soared to 10-year high prices as demand growth Western Lachlan Fold Belt, which hosts the e
Slide 4: Heemskirk Tin Project
For personal use only Heemskirk Tin Project 4
Slide 5: Why Invest in Tin?
Why Invest in Tin? In what the London Mining Journal is calling “the great tin squeeze”1 LME Spot Tin Prices US$/t (1 Jan 2010 to 6 April 2021) 3 For personal use only and Money Week are calling “the next big bull market in metals?”2, since the beginning of 2021 tin has soared to 10-year high prices
Slide 6: Tin – The Number 1 New Technology Metal
Tin – The Number 1 New Technology Metal • Tin ranked as the No. 1 For personal use only metal best placed to benefit from new technology • ~50% of all tin is used as solder in electronics. Solder is the ‘glue’ that connects everything electronic • Our clean, new technology future will be driven by r
Slide 7: Heemskirk Tin Project – An Enviable Location
7 Heemskirk Tin Project – An Enviable Location For personal use only West Coast Tasmania – Australia’s Largest and Most Productive Tin Field • Stellar owned (100%) tin properties: • Heemskirk Project (Queen Hill, Severn, Montana and Oonah deposits) • Razorback and St Dizier Satellite deposits • Larg
Slide 8: Heemskirk Tin – The Best Portfolio of Tin Assets in Australia
8 Heemskirk Tin – The Best Portfolio of Tin Assets in Australia For personal use only • Secure Tenure: ML’s over Heemskirk Tin and St Dizier satellite deposit • Large EL Package: With a number of significant historic silver-lead mines providing further upside 8
Slide 9: Geology – Queen Hill and Severn
Geology – Queen Hill and Severn For personal use only Schematic W-E Cross-Section 3700N, Showing Queen Hill and Severn Tin Deposits 9
Slide 10: Heemskirk Mineral Resource Estimate (May 2019)
1 Heemskirk Mineral Resource Estimate (May 2019) 4 0 Heemskirk is the Highest grade undeveloped tin resource in Australia & 2nd Highest Globally 5 For personal use only • 6.6Mt @ 1.1% Sn total resource reported to JORC 2012 at 0.6% Sn cut-off grade: Benchmarking – World Tin Resources Cassiterite Cla
Slide 11: Heemskirk Tin Project Benchmarking Assumptions
Heemskirk Tin Project Benchmarking Assumptions Total For personal use only Total Total Measured Indicated Inferred Project Resource Resource Resource Resource Resource Resource Project Company Country Stage Contained Source / Company Annouoncemnt Date Tonnes Grade in Total in Total in Total Complete
Slide 12: 2021 Drilling Program – Phase 1
2021 Drilling Program – Phase 1 5,6 • Phase 1 drilling program (~9 diamond holes, ~4,900m) aimed at identifying new areas of high-grade tin mineralisation near the defined For personal use only Heemskirk tin deposits / resources. The program includes: a) 7 holes targeting depth extensions below key
Slide 13: 2021 Drilling Program – Phase 1 (continued)
2021 Drilling Program – Phase 1 5,6 (a) Historic Silver-Lead Mines - Depth Extension Drilling (continued) For personal use only • Silver-Lead lodes typically transition into tin (with pyrite) lodes at depth • Drilling targets depths below the historically mined silver-lead lodes where transition to
Slide 14: 2021 Drilling Program – Phase 1: Severn Depth Extension
2021 Drilling Program – Phase 1 6 For personal use only (b) Severn Resource Depth Extension Drilling • Two ~700m holes with provision for wedging & daughter holes planned (total of ~1,900m) • Severn is the largest of the Heemskirk Tin Project deposits and has been drilled only to ~500m depth • The 2
Slide 15: Heemskirk Could Become the Next Renison
Heemskirk Could Become the Next Renison Renison Long Projection with Overlay of Heemskirk Deposits For personal use only ✓ Renison, Australia’s oldest, largest & highest-grade tin mine is located 18km to the NE of Heemskirk ✓ Heemskirk and Renison share the same ore genesis and geology ✓ Heemskirk d
Slide 16: Phase 2 Drilling and Advancement to PFS/BFS Completion
Phase 2 Drilling and Advancement to PFS/BFS Completion 1 6 With the highest grade undeveloped tin resource in Australia & second highest globally, and a scoping study For personal use only completed in late 2019 confirming attractive economics, the Heemskirk Tin Project is well positioned to take ad
Slide 17: Heemskirk Tin Project - 2019 Scoping Study
Heemskirk Tin Project - 2019 Scoping Study 7 • ~350,000tpa underground mine, on site processing plant, tailings storage and surface infrastructure For personal use only • Tin concentrate trucked to Port of Burnie (150km via sealed road) for export to Asian smelters • Tailings pumped to tailings stor
Slide 18: 2019 Scoping Study Demonstrates Attractive Economics
2019 Scoping Study Demonstrates Attractive Economics for Heemskirk Tin Project 7 Total Ore Production (LOM) (Mt) 3.70 • Low All-In Sustaining Cost of ~US$13,100/t of tin generating For personal use only Annual Ore Production (LOM Ave) (Tonnes pa) 354,000 ~34% operating margin based on US$20,000/t ti
Slide 19: 2019 Scoping Study – Major Project Studies are Well Advanced
2019 Scoping Study – Major Project Studies are Well Advanced 7 Metallurgy and Processing Low Capital Expenditure of ~A$57m For personal use only • Renison Tin style flow-sheet tested at bench scale using drill core Section Estimated By (A$M) from Severn, Queen Hill & St Dizier (testwork by ALS Burni
Slide 20: North East Tasmania Gold Exploration Project
For personal use only North East Tasmania Gold Exploration Project 20
Slide 21: NE Tasmania – A Continuation of Victorian Western Lachlan Fold Belt
NE Tasmania – A Continuation of Victorian Western Lachlan Fold Belt 8 For personal use only • NE Tasmania is a continuation of the Victorian Western Lachlan Fold Belt, which hosts the Fosterville Mine, other Tier 1 goldfields including Bendigo, Ballarat, Stawell, Walhalla and Woods Point and has pro
Slide 22: NE Tasmania – A Continuation of Victorian Western Lachlan Fold Belt
NE Tasmania – A Continuation of Victorian Western Lachlan Fold Belt 9 Cambrian Ordovician Silurian Devonian Carboniferous Gold deposits in NE Tasmania share the For personal use only same geological setting as their Victorian NE Tasmania counterparts: ✓ Ordovician turbiditic meta-sediments (Mathinna
Slide 23: NE Tasmania Gold Project – Exploration Licence Applications
NE Tasmania Gold Project – Exploration Licence Applications (ELA’s) 8 • Stellar has 12 first-in-time ELA’s For personal use only covering 2,534 km2 in NE Tasmania: • 10 ELA’s registered Sept 2020 – EL’s expected to be granted ~ end June 2021 • 2 ELA’s registered March 2021 – EL’s expected to be gran
Slide 24: Summary of Gold Exploration Targets on Stellar's NE Tasmania ELAs
Summary of Gold Exploration Targets on Stellar’s NE Tasmania ELA’s 8,9 A number of desktop orogenic and IRGS gold exploration targets already identified using full GIS targeting For personal use only capability developed by Stellar’s technical team including; recently reprocessed aeromagnetic, radio
Slide 25: Exploration Program – NE Tasmania Gold Project
Exploration Program – NE Tasmania Gold Project For personal use only Year 1 Historic data capture - reprocessed aeromagnetic, radiometric and gravity data, geology, recorded gold and tin occurrences, historic drilling and geochemical data captured in GIS - largely completed Desktop Phase (Prior to G
Slide 26: Disclaimer
Disclaimer Footnotes / Live Links For personal use only 1 The great tin squeeze (The Mining Journal, 15 February 2021) 2 The next big bull market in metals?, Look no further than tin (Dominic Frisby, Money Week 10 March 2021) 3 westmetall.com tin prices 4 SRZ Announcement, 16 May 2019, “Updated Heem
Slide 27: Thank You
For personal use only THANK YOU T: +61 3 9692 7222 F: +61 3 9077 9233 stellarresources.com.au srzinfo@stellarresources.com.au Level 17, 530 Collins Street Melbourne Victoria 3000 27 stellarresources.com.au stellarresources.com.au 12 April 2021
Stellar Resources — Investor Presentation (April 2021) on 6ix