Stellar Resources Limited · ASX:SRZ
Stellar Resources — Shareholder Meeting (October 2012)
25 slides from Stellar Resources's shareholder meeting presentation, Oct 17, 2012
Slide 1: Annual General Meeting - Heemskirk: Tomorrow's Tin
For personal use only Annual General Meeting CEO Peter Blight Heemskirk: Tomorrow’s Tin October 17, 2012
Slide 2: Today's Presentation
Today’s Presentation For personal use only Achievements and Current Position The Tin Story The Heemskirk Project Outlook for 2013
Slide 3: 5 Things About Stellar (SRZ)
5 Things About Stellar (SRZ) For personal use only 1. Key focus on developing Heemskirk Tin Project 2. One of highest grade resources globally 3. Significant exploration potential in known tin field 4. Excellent existing infrastructure 5. Potential to be one of Australia’s largest tin producers
Slide 4: Achievements in 2012
Achievements in 2012 For personal use only 1. Acquired Gippsland’s 40% of Heemskirk Tin 2. Raised $5.7 million in new equity 3. Introduced cornerstone investor in RCF 4. Commenced 10,000 metre diamond drilling program 5. Commenced PFS engineering and environmental studies 6. Divesting non-core asset
Slide 5: Corporate Snapshot
Corporate Snapshot For personal use only ASX Code SRZ (listed April 2005) Shares on Issue 223.4M Share Price 8c (12 month range: 4-24c) Market Capitalisation $17M Cash $4.9M (June 12) Investment $0.5M (USA shareholding) Ownership Structure Board & Management Top 20 65.0% Phil Harman Non-Executive Ch
Slide 6: Tin is Hot!
Tin is Hot! For personal use only Based on CRU research tin has an excellent price outlook. Palladium, Tin, Molybdenum, Alumina, Met Coke, Copper, Potash, Sulphuric Acid, Nickel, Vanadium, Zinc, Aluminium, Platinum, Gold, Iron Ore, Uranium, Silver Lead, Manganese, Cobalt, Sulphur, Urea, Phosphate Ro
Slide 7: For personal use only
For personal use only Source: ITRI
Slide 8: Growth dominated by solder
Growth dominated by solder For personal use only Source: ITRI Tin recycling is becoming more important, particularly in China & now represents 22% of global demand. 8
Slide 9: Potential New Markets
Potential New Markets For personal use only Lithium Batteries Soldering Stainless Steel Fuel Catalysts Animal Health Solar Panels Source: ITRI
Slide 10: Where tin is mined
For personal use only 10 Where tin is mined
Slide 11: Great location - multiple deposits
Great location - multiple deposits For personal use only 100% owned Heemskirk tin project 100% owned St Dizier tin deposit Significant mining district Easy access to water & power Sealed road between both deposits Rail & road connects to Burnie Port 18km from Australia’s largest tin mi
Slide 12: High Grade Resource
High Grade Resource For personal use only Great project progress – JORC resource released March 2011 – Scoping Study completed July 2011 – 100% Ownership in January 2012 – 10,000m drilling program in March 2012 Heemskirk Mineral Resource 4.4mt grading 1.1% tin 48kt of contained tin in 3 nearby d
Slide 13: Scoping Study Greenlight
Scoping Study Greenlight For personal use only Attractive rate of return & payback to advance Heemskirk to pre- feasibility stage US$12,780/t cash cost positions Heemskirk competitively on industry cost curve Life of mine revenue of $673m net of smelter charges 600,000 tpa throughput over 7.
Slide 14: Competitive cost structure
Competitive cost structure For personal use only Cash cost estimates are provisional and used with permission from the ITRI 14
Slide 15: 10,000m Diamond Drilling Program
10,000m Diamond Drilling Program For personal use only Drilled 4,695 metres or 47% of a 10,000 metre program – 12 holes 3,903 metres targeted Severn and 792 metres targeted Queen Hill Ore grade mineralisation in 7 of 12 primary diamond drill holes 5,300 metres of diamond drilling planned ove
Slide 16: Close Proximity of Deposits
Close Proximity of Deposits For personal use only
Slide 17: Severn - Higher Grade and Thickness
Severn – Higher Grade and Thickness For personal use only
Slide 18: Opportunity for Multiple Deposits
Opportunity for Multiple Deposits For personal use only
Slide 19: Expanding the Envelope
Expanding the Envelope For personal use only
Slide 20: Heemskirk: The Next Renison?
Heemskirk: The Next Renison? For personal use only
Slide 21: Unlocking the Value
Unlocking the Value For personal use only 2012 2013 2014/15 Ownership and Completion of Construction Funding PFS Starts 2014 February 2012 Infill and Expansion Completion of Production Drilling Started DFS Starts 2015 March 2012 Pre-feasibility Project Starts Financing Starts Exploration Development
Slide 22: What is ahead in 2013?
What is ahead in 2013? For personal use only Continued diamond drilling – only halfway through 10,000m program Metallurgical test-work on-going Processing plant design and costing - underway Environmental baseline work - well advanced Social impact studies - to begin in 2013 Review and u
Slide 23: The Investment Case for Stellar
The Investment Case for Stellar For personal use only High grade tin project in mining friendly jurisdiction Control destiny with 100% ownership Supportive cornerstone investor in RCF Well funded drilling program and potential to expand resources Tin market fundamentals are attractive Fe
Slide 24: Disclaimer
Disclaimer For personal use only Forward Looking Statement 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 vari
Slide 25: Stellar Resources Limited
Stellar Resources Limited Level 17, 530 Collins Street Melbourne VIC 3000 Phone +61 3 9618 2540 Fax +61 3 9649 7200 For personal use only www.stellarresources.com.au
Stellar Resources — Shareholder Meeting (October 2012) on 6ix