Slide 1: Challenging Conventional Wisdom
Stellar Resources Limited For personal use only Challenging Conventional Wisdom STELLAR RESOURCES LIMITED
Slide 2: Forward Looking Statements
For personal use only Forward Looking Statements 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: Stellar Resources Capital Structure
For personal use only Stellar Resources Capital Structure ASX Code: SRZ Shares on issue (million): 72.0 2nd April 2008 Options unlisted (million): 5.6 Expiry: Dec 2008; Nov 2010 Share price (cents): 15.0 2nd April 2008 Market capitalisation ($ million): 10.8 2nd April 2008 Liquid assets $ millions C
Slide 4: Board Members
For personal use only Board Members • Executive Chairman - Tom Burrowes • Chief Executive Officer - Peter Blight • Executive Director - Chris Anderson • Non-exec Directors - David Isles - Barrie Laws • Company Secretary - Mel Drummond STELLAR RESOURCES LIMITED
Slide 5: Management and Asset Structure
For personal use only Management and Asset Structure Stellar Resources CEO Peter Blight SA Operations Project Generation TAS Operations Chris Anderson Tom Whiting Ray Hazeldene Gold IOCGU Tarcoola Zeehan Tin Nickel Copper Exploration Exploration Iron Ore Project Exploration Exploration Project JV St
Slide 6: China driving magnetite market
For personal use only China driving magnetite market Hamersley Fines Contract Price (adjusted to 65% Fe) 120 price forecast fines price US$/t 100 80 >100% price increase expected US$/t 60 from 2007 to 2010 40 20 0 2004 2005 2006 2007 2008 2009 2010 - shortage of hematite and magnetite iron ore in Ch
Slide 7: Tarcoola Iron Ore Location
Tarcoola Iron Ore Location TARCOOLA IRON PROJECT For personal use only -100% owned by Stellar -limited drilling but large tonnage potential -close to Trans Aus railway (10km) -within 480km of Whyalla port and infrastructure - Ceduna port option 240km to the southwest but no infrastructure STELLAR RE
Slide 8: Magnetite Deposits – Tarcoola Region
Magnetite Deposits – Tarcoola Region Hawks Nest (source: Western Plains) For personal use only - Kestrel 220mt @ 35% Fe – magnetite - Buzzard 9mt @ 60% Fe – hematite - Other deposits 350mt @ 35% Fe? Giffen Well (source: PIRSA) - 290mt @ 34%Fe - magnetite 3D gravity 20km STELLAR RESOURCES LIMITED
Slide 9: View southeast from Wilgena Hill
For personal use only View southeast from Wilgena Hill STELLAR RESOURCES LIMITED
Slide 10: Tarcoola Iron Ore progress to date
For personal use only Tarcoola Iron Ore progress to date - Detailed aeromagnetics & airborne gravity gradiometry(100m line spacing) - RC drilling - 4 holes totalling 620m with routine assaying - 2 diamond drill holes totalling around 420m with routine assaying (drilled with assistance from PACE fund
Slide 11: Drilling at Coolybring
For personal use only Drilling at Coolybring PACE funded drilling program STELLAR RESOURCES LIMITED
Slide 12: COOLYBRING – Magnetic Model
For personal use only COOLYBRING – Magnetic Model STELLAR RESOURCES LIMITED
Slide 13: COOLYBRING – cross section
COOLYBRING – cross section Drill section through DD04 For personal use only (note that holes RC08 and 09 are projected 200 north onto this section) STELLAR RESOURCES LIMITED
Slide 14: Coolybring 3D Magnetic Image
For personal use only Coolybring 3D Magnetic Image Potentially significant depth to magnetite mineralisation STELLAR RESOURCES LIMITED
Slide 15: Coolybring Core
For personal use only Coolybring Core STELLAR RESOURCES LIMITED
Slide 16: Fe – SiO2 relationship
For personal use only Fe – SiO2 relationship STELLAR RESOURCES LIMITED
Slide 17: Coolybring quality compared
For personal use only Coolybring quality compared Owner Deposits Ore grade Grind Conc/Ore Concentrate grades Recovery Fe Size Ratio Fe SiO2 P Al2O3 Fe % microns % % % % % % Stellar Coolybring 41 38 51 66 8 0.01 0.20 82 Gindalbie Karara 36 25 43 68 4 0.01 ? 81 Centrex Bungalow 38 75 40 68 5 ? ? 72 Ir
Slide 18: Development Plan
For personal use only Development Plan April 2008 - Commence scoping study – metallurgical and resource definition drilling May 2008 - Complete heads of agreement with partner to fund project through to development March 2009 – Commence feasibility study – define mineable resource January 2010 – Com
Slide 19: Magnetite developers by capitalisation
For personal use only Magnetite developers by capitalisation 400 350 300 capitalisation $m 250 200 150 100 50 0 Gindalbie Grange Western IMX Ironclad Centrex Stellar Plains Resources market capitalisation Project strengths remain to be reflected in Stellar capitalisation STELLAR RESOURCES LIMITED
Slide 20: For personal use only
For personal use only The drill and exploration results reported herein, insofar as they relate to mineralisation, are based on information compiled by Mr. C.G. Anderson (Fellow of the Australasian Institute of Mining and Metallurgy) who is a Director of the Company with more than twenty years exper