Stellar Resources Limited · ASX:SRZ
Stellar Resources — Investor Presentation (December 2023)
31 slides from Stellar Resources's investor presentation, Dec 5, 2023
Slide 1: Corporate Presentation and Reminder of Closing Date of Share Purchase Plan
ASX ANNOUNCEMENT ASX: SRZ 5 December 2023 CORPORATE PRESENTATION AND REMINDER OF CLOSING DATE OF SHARE PURCHASE PLAN Stellar Resources Limited (ASX: SRZ, “Stellar” or the “Company”) is pleased to announce the Corporate Presentation as annexed to this announcement. The Company also wishes to remind s
Slide 2: Australia's Next Tin Producer
Australia’s Next Tin Producer “A critical mineral essential for decarbonisation and electrification of the planet” ASX:SRZ New Scamander Polymetallic Discovery Corporate Presentation – 5th December 2023
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Stellar Resources Limited (ASX: SRZ) (SRZ or the The Company confirms that all the material assumptions underpinning the production target, and Company). It contains general information about the Company’s activities current as at the date all foreca
Slide 4: Investment Highlights – Why Invest?
Investment Highlights – Why Invest? 1. Heemskirk Tin Project 2. Scamander – high-grade silver-tin-lead-zinc discovery Highest grade Scoping Study* Looming tin New high-grade undeveloped tin demonstrates supply shortage, polymetallic project in Australia attractive & forecasted for discovery and and
Slide 5: Corporate Snapshot
Corporate Snapshot Board of Directors SIMON TAYLOR $0.008 1,098m 107.8m NON-EXEC CHAIRMAN | GEOLOGIST Resource executive with over 30 year's experience including technical, CEO and Board roles. Former Managing Director of Oklo Resources prior to takeover by SHARE PRICE SHARES ON ISSUE UNLISTED OPTIO
Slide 6: Heemskirk Tin Project
Heemskirk Tin Project ASX:SRZ | 5
Slide 7: Heemskirk Tin Project – An Enviable Location
Heemskirk Tin Project – An Enviable Location Stellar 100% Owned Tin Projects: Heemskirk Tin Project (Severn, Queen Hill and Montana tin deposits) Mount Razorback and St Dizier Satellite tin deposits Large Exploration Licence package • Five major underground metal mines, four operating, within 30km –
Slide 8: Sustainable Tin Supply from OECD Country
Sustainable Tin Supply Project to be supplied by 100% from OECD Country Renewable Energy generation in Tasmania with Granville Harbour Wind Farm and 7 hydro power stations within 30km. Heemskirk Tin Project Favorable location at Zeehan Strong ESG Credentials Mining Community • Underground mine, with
Slide 9: 2023 Severn Infill Drilling Delivers Wide High-Grade Tin Zones
2023 Severn Infill Drilling Delivers Wide High-Grade Tin Zones • Drilling identified a high grade-thickness (Sn%*m) zone in the Main Ore Zone extending ~300m down dip & up to ~150m along strike. ASX:SRZ | 8
Slide 10: Heemskirk Sept 2023 Mineral Resource Estimate
Heemskirk Sept 2023 Mineral Resource Estimate Resource Tonnes Sn Contained Cassiterite % of Cu Pb Zn Classification Deposit Date (Mt) (%) Sn (t) Total Sn (%) (%) (%) (%) Indicated Upper Queen Hill 2023 0.37 1.07 3,991 88 0.14 1.84 0.72 Lower Queen Hill 2023 0.81 1.3 10,493 97 0.04 0.29 0.35 Severn 2
Slide 11: Heemskirk is the highest-grade undeveloped tin resource in Australia
Heemskirk is the Heemskirk Tin Project Benchmarking: Measured & Indicated Resources highest-grade undeveloped tin resource in Australia & 3rd highest globally All deposits open at depth and include higher grade zones Refer to appendix 1 for peer company tin project benchmark assumptions ASX:SRZ | 10
Slide 12: 2019 Scoping Study – Outline
2019 Scoping Study – Outline Conceptual Heemskirk Tin Project Mine Design (Grey stopes=Indicated, Brown Stopes= Inferred) Proposed Heemskirk Tin Processing Plant • ~350,000tpa underground mine, on site processing plant, tailings storage • Scoping study mine plan contains 58% Indicated Mineral and su
Slide 13: 2019 Scoping Study Project Economics
2019 Scoping Study Project Economics Stellar well positioned to take advantage of increasing tin demand and global supply shortages from sustainable ESG compliant • Base Case NPV10 of ~A$71m post-tax and Heemskirk Tin Project. IRR of ~45% to an accuracy of ±35% based on US$20,000/t tin price and 0.7
Slide 14: Tin – A Critical Technology Metal
Tin – A Critical Technology Metal Tin ranked as the No.1 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 robotics, computing, EV’s, energy
Slide 15: Tin demand is growing strongly
Tin demand is growing strongly • Tin demand forecast to grow 40% (3-4% CAGR) over the next decade (ITA, 2022). • Strong tin demand growth is driven by decarbonisation and electrification and new technology. • Tin solder is the ‘glue’ connecting everything electronic Global Tin (e.g. circuit boards,
Slide 16: Global tin supply is falling
China Myanmar Global Tin Production by Country Indonesia South 2022 Global Market America Rank Country Production (t) Share (%) 1 China 95,000 30.2 2 Indonesia 74,000 23.5 3 Myanmar 31,000 9.9 Global tin 4 Peru 29,000 9.2 supply is falling 5 Congo 20,000 6.4 6 Brazil 18,000 5.7 • Nearly 80% of globa
Slide 17: Structural Deficit Forecasted
Structural Deficit Forecasted 40% Increase • Tin demand forecast to grow 40% by 2030. • Baseline demand growth form traditional tin uses such as • Years of deficit forecasted, with a 70kt refine tin deficit solder (electronics driven). expected by 2030. • New technology demand growth including tin u
Slide 18: Scamander Advanced Base Metals Exploration Project
Scamander Advanced Base Metals Exploration Project “A new high-grade polymetallic discovery at North Scamander”’ ASX:SRZ | 17 Drilling at North Scamander (June 2023)
Slide 19: Background - Scamander Advanced Base Metals-Tin Exploration Targets
Background - Scamander Advanced Base Metals-Tin Exploration Targets Scamander Mineral Field (EL19/2020) • North Scamander Project is located within the Scamander Mineral Field in NE Tasmania covering 239km2. • First mover advantage has secured majority of regional NW-SE trending North Scamander mine
Slide 20: North Scamander Project – A New High Grade Polymetallic Discovery
North Scamander Project “A New High Grade Polymetallic Discovery” Intercepts High grade Ag-Sn-Zn- Pb-In intercepts 32m @ 141 g/t Ag, 0.34% Sn, 3.8% Upper Vein-Breccia Zone Significant Ag-Sn-Zn- Zn, 2.0% Pb, 77 g/t In & 19 g/t Ga Pb-In intercepts • Maiden exploration drill hole (NSD005) in Sept 2023
Slide 21: North Scamander Project – Lower Copper Bearing Stockwork Zone
North Scamander Project “A New High Grade Polymetallic Discovery” Lower Copper Bearing Stockwork Zone • Results returned anomalous copper including 204.5m @ 0.05% Cu from 369.0m within pyrrhotite +/- chalcopyrite stockwork veining. • Anomalous copper interval coincident with high magnetic susceptibi
Slide 22: North Scamander Project – What's next?
North Scamander Project – What’s next? Upper Vein-Breccia Zone Conductor and Follow Up Hole • Large (200m*400m) moderately conductive plate modelled in NSD005 corresponding to high-grade polymetallic discovery intersection. • Follow up hole NSD006 planned in 2024 to target extension of high-grade po
Slide 23: North Scamander Project – What's next?
North Scamander Project – What’s next? Lower Copper Bearing Stockwork Zone Conductors and Follow Up Hole • Series of large (~300m * ~300m) strong conductor plates modelled in NSD005 corresponding with Lower Copper Bearing Stockwork Zone intersection. • Follow up hole NSD007 planned in 2024 to target
Slide 24: North Scamander Project – What's Next?
North Scamander Project – What's Next? “A New High Grade Polymetallic Discovery” Follow up Drill Targets • Planned holes for 2024: 1. Planned hole NSD006 (350m) to target extension of high-grade polymetallic intersection. 2. Planned hole NSD007 (500m) to target the Lower Zone near the centres of the
Slide 25: NE Tasmania Gold and Base Metals Exploration
NE Tasmania Gold and Base Metals Exploration ASX:SRZ | 24
Slide 26: NE Tasmania Project Portfolio
NE Tasmania Project Portfolio Continuation of Victorian Western Lachlan Fold Belt • 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 produced >80
Slide 27: Significant Ground Position in NE Tasmania
Significant Ground Position in NE Tasmania • 12 Stellar EL’s granted over a total area of 2,212km2 in NE Tasmania, prospective for gold, lithium, tin and base metals • ~77 recorded historic gold occurrences and ~83 tin and base metals occurrences • Advanced base metals and tin exploration targets wi
Slide 28: Lithium & Tin Targets on Recently Granted EL3/2022
Lithium & Tin Targets on Recently Granted EL3/2022 • Recently Granted EL3/2022 Mt Paris Block prospective for tin and lithium • Mount Paris Granite, a fractionated granite, equivalent to the nearby Lottah Granite which contains the highest levels of lithium recorded in Tasmania • Exploration for lit
Slide 29: Contact Us
Contact Us E: srzinfo@stellarresources.com.au T: +61 3 9692 7222 Level 4, 96-100 Albert Road, South Melbourne, Victoria, 3205 ASX:SRZ
Slide 30: Appendix 1 – Heemskirk Tin Project Benchmarking Assumptions
Appendix 1 – Heemskirk Tin Project Benchmarking Assumptions As of 1 September 2023 Measured Indicated Total Measured Indicated Contained Contained Resource Resource Resource Project Tonnes Grade Tonnes Grade Resource Resource Company Project Country Source Date Products Tin Tin Tonnes Grade Containe
Slide 31: Appendix 2 – 2019 Scoping Study Major Project Section
Appendix 2 2019 Scoping Study – Major Project Section Estimated By (A$M) Studies are Well Advanced Mining (QH Decline) (Mining one) 8 Processing & Surface Infrastructure (Mincore) 34 Tailings Pipeline (6.7km) and Storage (J Miedecke & Mincore) 5 Metallurgy and Environment and Working Capital (Stella
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