17 slides from Stellar Resources's shareholder meeting presentation, Oct 26, 2017
Slide 1: Tin in Tasmania - Stellar Resources AGM
1 For personal use only Tin in Tasmania HEEMSKIRK Stellar Resources AGM TIN Melbourne 26th October 2017 ASX: SRZ PROJECT www.stellarresources.com.au
Slide 2: The Agenda for Today
2 For personal use only H E E M S K I R K I S T I N I N T A S M A N I A THE AGENDA FOR TODAY TIN IS AN ENERGY METAL WITH HISTORY ADDING VALUE THROUGH A BRIGHT FUTURE OPTIMISATION OF THE DEVELOPMENT STRATEGY HEEMSKIRK TIN’S COMPETITIVE TIMELINE FOCUSED ON A DRILL – OUT ADVANTAGES OF RESOURCES IN SUPP
Slide 3: Tin Price Recovery Underway
3 TIN PRICE RECOVERY UNDERWAY LME TIN PRICE IS 50% ABOVE ITS 2016 LOW For personal use only SUPPLY RATIONALISATI ON LIMITED GROWTH IN SUPPLY AND LOW DRIVEN BY CHINA AND INDONESIA STOCKS UNDERPINNING PRICE • S u p p l y r e s t r a i nt fr om l a r g e s t p r od u c e r s C h i n a a n d • T i n p r
Slide 4: Tin Demand - Next Growth Phase?
4 TIN DEMAND NEXT GROWTH PHASE? For personal use only Lon g - p eri od s of st ron g growt h :• T in demand char act er ised by lo ng per io ds o f abo ve t r end gr o wt h dr iven by new uses • E mer gence o f t in in lead acid bat t er ies o ne example o f a new use t hat co uld gain mo r e t r ac
Slide 5: VRLA Batteries the Largest Tin End Use
5 V R L A B A T T E R I E S 4 TH L A R G E S T T I N E N D U S E BATTERY DEMAND REMAINS STRONG IN CHINA For personal use only • Gr o wt h in t r adit io nal uses co ming fr o m so lder and chemica ls • VRLA bat t er y demand beat ing pr edict io ns wit h co nt inued st r ong gr o wt h ( 3% - 5% pa)
Slide 6: Path from Discovery to Development
6 For personal use only PATH FROM DISCOVERY TO DEVELOPMENT W E S T C O A S T T A S M A N I A – A U S T R A L I A ’ S L A R G E S T A N D M O S T P R O D U C T I V E T I N F I E L D EVOLUTION OF A WORLD CLASS TIN PROJECT • QH tin deposit discovered early 1960s by Gippsland Ltd • Aberfoyle jv with Gi
Slide 7: Mineral Resource Estimate Reviewed in 2016
7 For personal use only MINERAL RESOURCE ESTIMATE REVIEWED IN 2016 J ORC 2012 CONFIRMS RESOURCE QUALITY • 6 . 3 5 mt @ 1 . 1 3 % S n or 7 2 , 0 0 0 t of cont a ined S n • 9 7 % of cont a ined S n is in t he f or m of ca s s it er ite – t he mos t r ea dily r ecover a b le S n miner a l • 6 4 % of I
Slide 8: Heemskirk - A World Class Tin Project
8 HEEM S K IR K – A W OR LD C LAS S TIN P R OJ EC T For personal use only • Heemskirk is well placed on t he grade t onnage curve • Exist ing underground producers San Rafael and Renison facing declining grade as are ot her producers • Many compet it ors eit her lower grade or in higher risk jurisdi
Slide 9: Mining Lease Granted
9 For personal use only MINING LEASE GRANTED SIGNIFIC ANT PROJECT MILES TONE THAT INCREASES TENURE AND SECURITY OVER THE RIGHT TO MINE TIN • ML 2023P/M granted to wholly owned subsidiary Columbus Metals Limited • Term is 12 years to 1st January 2029 • Provides right to carry out mining operations in
Slide 10: Progress Through Early Hurdles
10 PROGRESS THROUGH EARLY HURDLES S EVER AL S TUDIES C OM P LETE D For personal use only FIN A L FEAS IB IL IT Y R EM AIN I N G Increasing NPV/Capex M i ni ng: M i ni ngOne and Pol ber ro Cons ul t ing P r o c e s s E n g i n e e r i n g : W o r l e yP a r s o n s , G R E n g i n e e r i n g a n d M
Slide 11: What Is Still To Be Done?
11 WHAT IS STILL TO BE DONE? STELLAR TO EMBARK ON A DFS For personal use only FOR THE HEEMSKIRK PROJECT ON COMPLETION OF DRILLING • April 2017 - drilling commenced - news-flow to follow as • Mineral Resource update on completion of drilling will allow drilling progresses the DFS process to commence
Slide 12: Drilling Program Under Way
12 DR ILLI N G P R OGR AM UNDER W AY For personal use only FOCUS ON LARGE S T DE P OS I T S S E VE RN AND QUE E N HI LL
Slide 13: Initial Drilling on Lower Queen Hill
13 IN IT IA L DR ILLI N G ON LOW ER QUEEN HILL For personal use only ZQ133 – 6.0m @ 0.8% tin ZQ134 – 2.0m @ 1.3% tin within 6.0m of 0.6% tin Confirmation of geological model - cassiterite tin associated with pyrite/siderite/quartz alteration in a fault zone between black shales and volcanics Base me
Slide 14: Drilling Focus Now on Severn
14 DR ILLI N G FOC US NOW ON S EVER N For personal use only ZS132 intersected 14m @ 1.4% tin from 333m to 347m Drill direction at right angles to historical drilling to test vein orientation High-grade veins parallel and at high angle to the deposit strike ZS137 intersected three tin zones: 2m @ 0.7
Slide 15: Dare to Dream - The Next Renison?
15 DAR E TO DR EAM – THE NEXT R ENIS ON? For personal use only COMPARISON WITH RENISON SHOWS THAT KNOWN DEPOSITS AT HEEMSKIRK ARE JUST THE START MINERALISATION AT RENISON OVER 1200m VERTICALLY FROM SURFACE • Australia’s oldest and largest tin mine is located 18km away to the NE of the Heemskirk tin
Slide 16: Disclaimer
16 For personal use only DISC LAIMER FORWARD LOOKING STATEMENT This presentation may include forward-looking statements. Forward-looking statements include, but are not limited to statements concerning Stellar Resources Limited’s planned activities and other statements that are not historical facts.
Slide 17: For personal use only
17 For personal use only STELLAR Level 17, 530 Collins Street Melbourne VIC 3000 RESOURCES Phone +61 3 9618 2540 Fax +61 3 9649 7200 LIMITED www.stellarresources.com.au