Stellar Resources Limited · ASX:SRZ
Stellar Resources — Shareholder Meeting (November 2009)
22 slides from Stellar Resources's shareholder meeting presentation, Nov 26, 2009
Slide 1: Stellar Resources Limited AGM Presentation
For personal use only STELLAR RESOURCES LIMITED AGM Presentation 26 November 2009 Peter Blight – Chief Executive Officer Chris Anderson – Executive Director Tom Burrowes - Chairman
Slide 2: Forward Looking Statement
Forward Looking Statement For personal use only 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 various assumpt
Slide 3: Company Profile
Company Profile For personal use only Listed on the ASX in 2005. Code: SRZ Exploration and development company Experienced and successful management team Asset base centred in South Australia and Tasmania Key deposits: Magnetite iron ore in South Australia Uranium in South Australia
Slide 4: Our Objectives - 2010
Our Objectives - 2010 For personal use only Advance iron ore resource definition to validate 700 million tonne exploration target Identify uranium grade and quantify the exploration target for the Pirie Basin Unlock value in the Heemskirk Tin project 4
Slide 5: Priority Project – Tarcoola Magnetite
Priority Project – Tarcoola Magnetite 100% owned by Stellar For personal use only Large magnetite deposits – 700mt target 10km from Trans-Australian Railway Railway links project to proposed bulk ore terminal at Port Bonython Closest of the central SA iron ore projects to rail and port O
Slide 6: Tarcoola Magnetite Deposits
Tarcoola Magnetite Deposits For personal use only 6
Slide 7: Tarcoola Iron Ore – Outcomes 2009
Tarcoola Iron Ore – Outcomes 2009 For personal use only Coolybring drilling identifies an exploration target of 500 million tonnes at a 35% Fe grade Preliminary mining studies show satisfactory costs at an overall waste to ore ratio of 1.44:1.00 Standard blast furnace concentrate production de
Slide 8: Tarcoola Iron Ore – Program for 2010
Tarcoola Iron Ore – Program for 2010 For personal use only Ground magnetics and gravity surveying to define drill targets – December 2009 Stage 1 drilling comprising 1,500m of RC – March quarter 2010 RC samples assayed and tested using Davis Tube Recovery – March/June quarter 2010 8
Slide 9: Uranium Projects – WHY??
Uranium Projects – WHY?? For personal use only “THE” low carbon, base load fuel Weapons material removed from supply Mine supply shortfall 9
Slide 10: Stellar – S.A. Tenements and Uranium Projects
Stellar – S.A. Tenements and Uranium Projects For personal use only Warrior / EL3369W Tarcoola /Kingoonya Palaeochannel (SRZ 100%, USA earning 70%) Cowell / Pirie Basin EL4242 – USA earning 73% EL3978 – SRZ 100% (both subject to REX 2% royalty) Excellent potential for further growth in Stell
Slide 11: Stellar – UraniumSA Pirie Basin
Stellar – UraniumSA Pirie Basin For personal use only Extent and stratigraphy Not well known – largely off- shore Comparable to the Frome Basin Uranium endowment in Gawler Craton source regions – Hiltaba granites 11
Slide 12: Uranium – Southern Pirie Basin An Exciting Target
Uranium – Southern Pirie Basin An Exciting Target For personal use only UraniumSA has a 2,700t initial inferred U3O8 resource at Mullaquana USA to explore EL 4242 (SRZ 100%, USA earning 73%) Stellar has reported anomalous uranium values in basement rocks in the adjoining EL3978 12
Slide 13: Schematic Geological Section – Southern Pirie Basin
Schematic Geological Section –Southern Pirie Basin For personal use only Section based on drilling by CRA Exploration in 1978 and SRZ in 2006 13
Slide 14: Advancing Pirie Basin Uranium
Advancing Pirie Basin Uranium For personal use only AEM survey to define basement contact with uraniferous Eocene sand on EL3978 – January 2010 Initial rotary mud drilling program across the contact – March Quarter 2010 Aim is to define high grade U3O8 within the sedimentary roll front with an
Slide 15: Warrior Uranium
Warrior Uranium For personal use only Largest channel-hosted uranium deposit discovered to date in the Gawler Craton Toro Drilling Very Focused on Areas “A” and “B” 15
Slide 16: Warrior Uranium – Area A
Warrior Uranium “AREA A” – narrow high grade ribbon For personal use only Relationship to channel margins not clear 2 Km Exploration potential for further narrow high grade resources 16
Slide 17: Warrior Uranium
Warrior Uranium For personal use only “..program of drilling the highly prospective Warrior palaeochannel south of the rail line is being planned. The interpreted 2006 AEM survey data for this area suggests uranium trap areas (pinch outs) and an extensive lagoonal depositional area exists in the t
Slide 18: Heemskirk Tin – Strategic Review
Heemskirk Tin – Strategic Review For personal use only 60% owned Heemskirk Tin Project plus 100% owned St Dizier Tin Deposit Heemskirk is largest undeveloped high grade tin resource in Australia Located next to well established infrastructure Tin concentrator 18km away at Renison Bell Yunn
Slide 19: Heemskirk Tin – Strategic Review
Heemskirk Tin – Strategic Review For personal use only Drilling deep beneath the known deposits could substantially upgrade the size of the project Potential for high-grade development within the Queen Hill deposit requires in-fill drilling Tin requires a single focus by a specialist team 19
Slide 20: What will Stellar deliver in 2010?
What will Stellar deliver in 2010? For personal use only Demonstrate potential for at least 700 million tonnes of magnetite banded iron within the Tarcoola Project Demonstrate uranium grade and tonnage potential in the southern Pirie Basin Unlock value in tin assets 20
Slide 21: Competent Person Statements
Competent Person Statements For personal use only The drill and exploration results reported herein, insofar as they relate to mineralisation, are based on information compiled by Mr C.G. Anderson (Fellow of the Australasian Institute of Mining and Metallurgy) who is a Director of the Company. Mr An
Slide 22: For personal use only
For personal use only
Stellar Resources — Shareholder Meeting (November 2009) on 6ix