Stellar Resources Limited · ASX:SRZ

Stellar Resources — Shareholder Meeting (November 2016)

25 slides from Stellar Resources's shareholder meeting presentation, Nov 17, 2016

1. Slide 1: Heemskirk Tin Project – Annual General Meeting

   For personal use only Heemskirk Tin Project Highest grade undeveloped ASX-listed tin project Annual General Meeting November 2016 ASX: SRZ www.stellarresources.com.au

2. Slide 2: Five reasons to own Stellar

   Five reasons to own Stellar For personal use only  Tin price and share price have bottomed  Heemskirk is the highest grade undeveloped tin resource listed on the ASX  Strong record of achievement  Strategy focused on quicker path to production  Clear timeline to development 2

3. Slide 3: Corporate overview

   Corporate overview For personal use only 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  Meta

4. Slide 4: Tin price has bottomed

   Tin price has bottomed For personal use only LME tin price is up 62% 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 con

5. Slide 5: Myanmar production has peaked?

   Myanmar production has peaked ? According to ITRI tonnes and grade are now declining but stocks are For personal use only holding shipments up for now from this in 2014 Majority of mining is now underground   Easy near surface mineralisation has been mined   Grade is declining from 10-12% at sur

6. Slide 6: Tin is an energy metal

   Tin is an energy metal For personal use only 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 6

7. Slide 7: VRLA batteries 4th largest end use

   VRLA batteries 4th largest end use For personal use only Ebike growth rates approaching 20% pa in China 7

8. Slide 8: New role for tin in lithium-ion batteries?

   New role for tin in lithium-ion batteries? For personal use only Australian energy technology company Nano-Nouvelle has developed a tin based 3D anode that out-performs conventional graphite anodes Conventional Li-ion Tin NanodeTM graphite anode  Tin NanodeTM increases battery storage capacity by u

9. Slide 9: Best location for a new mine

   Best location for a new mine For personal use only 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 se

10. Slide 10: High grade underpins resource quality

    High grade underpins resource quality For personal use only Heemskirk is the premier pre-production tin opportunity on the ASX Resource grade (% Sn) Very high Sn grade 1.1%  Cassiterite tin 0.9%  Associated silver, lead & zinc 0.7% Cassiterite SnO2 0.4% 0.2% 0.2% Heemskirk Achmmach Cleveland Tin M

11. Slide 11: What has been achieved?

    What has been achieved? For personal use only Significant 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  S

12. Slide 12: Metallurgical recovery up by 7.2%

    Metallurgical recovery up by 7.2% For personal use only Tin recovery gains across all processes - best gains from reduced losses in the sulphide float and increased recovery in the gravity circuit  Process flow sheet developed by ALS and WorleyParsons 12

13. Slide 13: Process plant simplified

    Process plant simplified For personal use only 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

14. Slide 14: Quality tailings dam site secured

    Quality tailings dam site secured For personal use only 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 min

15. Slide 15: Environmental permitting underway

    Environmental permitting underway For personal use only EPA have issued DPEMP guidelines that are consistent with other underground Tasmanian mines – no onerous requirements  Critical path surface sampling is well advanced  Mine waste management a key issue for EPA – no issues anticipated T T+3 T+

16. Slide 16: Why consider a faster start?

    Why consider a faster start? For personal use only  Need to reduce the pre-production capital hurdle  Faster access to ore required to meet the tin price upswing – price recovery has already commenced  Modularisation allows for expansion – once operation is generating positive cash flow  Opp

17. Slide 17: Fast start is an opportunity to explore

    Fast start is an opportunity to explore For personal use only Going underground provides an opportunity to better understand deposit geology and define deeper exploration targets below the known deposits known deposits unexplored domain source rocks 17

18. Slide 18: Indicative Timeline

    Indicative Timeline For personal use only Stellar is poised to embark on a DFS for the Heemskirk project based on a fast start approach  DFS and permitting timeline is 15 months from the commencement of drilling  Environmental work is underway with DPEMP completion within 12 months  Drilling LQH

19. Slide 19: ML application over tin deposits

    ML application over tin deposits For personal use only 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 19

20. Slide 20: Five reasons to own Stellar

    Five reasons to own Stellar For personal use only  Tin price and share price have bottomed – price recovery from an over-sold position   Heemskirk is the highest quality undeveloped tin resource listed on the ASX   Strong record of achievement - project momentum maintained despite difficult ma

21. Slide 21: Disclaimer

    Disclaimer For personal use only 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. Whe

22. Slide 22: Appendix

    For personal use only Appendix Heemskirk PFS mine plan Board of Directors ASX: SRZ www.stellarresources.com.au

23. Slide 23: Heemskirk mine plan

    Heemskirk mine plan For personal use only Surface Queen Hill Long Hole Stoping Montana Long Hole Stoping Severn Drift & Fill Severn Long Hole Stoping Open at depth 500m 23

24. Slide 24: Board of Directors

    Board of Directors For personal use only 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 severa

25. Slide 25: Stellar Resources Limited

    Stellar Resources Limited Level 17, 530 Collins Street For personal use only Melbourne VIC 3000 Phone +61 3 9618 2540 Fax +61 3 9649 7200 www.stellarresources.com.au 25

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