Slide 1: Clarification and Replacement of Investor Presentation
18 August 2016 Clarification and Replacement of Investor Presentation Stellar Resources Limited (ASX: SRZ, “Stellar” or the “Company”) refers to ASX announcement “Investor Presentation” dated 11 August 2016. The Presentation Issued Capital also references “Pre-feasibility Study Advances Heemskirk Ti
Slide 2: For further details please contact
ASX Announcement 2 For further details please contact: Peter Blight Managing Director Stellar Resources Limited Tel: 03 9618 2540 Email: peter.blight@stellarresources.com.au or visit our Website at: http://www.stellarresources.com.au 160055SRL
Slide 3: Heemskirk Tin Project
Heemskirk Tin Project Highest grade undeveloped ASX-listed tin project August 2016 Update ASX: SRZ www.stellarresources.com.au
Slide 4: Agenda
Agenda Improving tin and small cap resource equity markets Advantages and achievements at Heemskirk Tin Positive outcomes for processing and tailings Why consider a faster start? Five reasons to own Stellar 2
Slide 5: Corporate overview
Corporate overview Share price recovery yet to reflect solid achievements at Heemskirk Tin Company overview 100% owner of Heemskirk Tin Project, 150km south of Burnie, Tasmania Stand-out high grade resource (1.14% Sn) with vision to be a major Australian tin producer Metallurgical optimisation
Slide 6: Tin price has bottomed
Tin price has bottomed LME tin price is up 38% from its mid-January 2016 low Supply rationalisation underpinning price China announced 17% reduction in tin smelter production in January 2016 Indonesian tin exports down for the 4th consecutive year due to tighter licence conditions Myanmar expo
Slide 7: Tin is an energy metal
Tin is an energy metal ITRI have identified numerous potential new uses for tin in the energy sector O to 4th largest end-use in 5 years research project research project 5
Slide 8: Best location for a new mine
Best location for a new mine North-west Tasmania is a world-class tin jurisdiction Significant mining district Many historical and current operating mines across various commodities Supportive local community and skilled workforce Experienced workforce available with several mines in the reg
Slide 9: Solid record of achievement
Solid record of achievement Operational achievements in 2015 continuing in 2016 February 2015 Environmental Protection Authority guidelines received Exploration licence granted to the south of Heemskirk March 2015 Metallurgy optimisation upgrades Heemskirk Tin Severn tin recovery increased b
Slide 10: Simplified plant design
Simplified plant design Metallurgical optimisation led to smaller primary grind and elimination of heavy media separation and silica float circuits saving capex Removed heavy media separation Coarser grind size Increased to 250µ from 160µ Improved recovery from gravity circuit Optimised fl
Slide 11: Quality tailings dam site secured
Quality tailings dam site secured Tailings dam site in plan and oblique view Capacity 3x initial mine life Low cost containment No observed geological flaws Concealed valley Crown land No competing land use No observed flora or fauna values Site secured by a mining lease 9
Slide 12: Why consider a faster start?
Why consider a faster start? Need to reduce the pre-production capital hurdle – equity finance is difficult to secure and still too expensive Faster access to ore required to meet the tin price upswing – price recovery has already commenced Modularisation allows for expansion – once operati
Slide 13: Significant exploration potential
Significant exploration potential Underground development would provide an opportunity to better understand deposit geology and define deeper exploration targets below the known deposits known deposits unexplored domain source rocks 11
Slide 14: ML application over tin deposits
ML application over tin deposits RL5/1997 to be replaced by a Mining Lease Exclusive right to extract economic minerals Increased duration of tenure over tin deposits More secure form of title Board commitment to the project 12
Slide 15: Indicative Timeline
Indicative Timeline Stellar is poised to embark on a DFS for the Heemskirk project based on a fast start approach DFS to cost A$5m over 12mths Environmental and metallurgy work programs in the planning stage Drilling LQH to upgrade resource to an ore reserve determines timing DFS timeline from
Slide 16: Five reasons to own Stellar
Five reasons to own Stellar Tin price and share price have bottomed – price recovery from an over-sold position Strong record of achievement - project momentum maintained despite difficult market conditions Technical improvements demonstrated by metallurgical results – increased recovery a
Slide 17: Disclaimer
Disclaimer 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. When used is this report,
Slide 18: Appendix
Appendix Heemskirk PFS mine plan Board of Directors ASX: SRZ www.stellarresources.com.au
Slide 19: Heemskirk mine plan
Heemskirk mine plan Surface Queen Hill Long Hole Stoping Montana Long Hole Stoping Severn Drift & Fill Severn Long Hole Stoping Open at depth 500m 17
Slide 20: Board of Directors
Board of Directors Experienced and multi-disciplinary Board with strong global connections Phil Harman Non-Executive Chairman Geophysicist Over 30 years experience in BHP Billiton Thomas Whiting minerals exploration Non-Executive Director Past and present Director of several ASX listed companies
Slide 21: Stellar Resources Limited
Stellar Resources Limited Level 17, 530 Collins Street Melbourne VIC 3000 Phone +61 3 9618 2540 Fax +61 3 9649 7200 www.stellarresources.com.au 19