Slide 1: Mining South Australia 2008
Stellar Resources Limited For personal use only Mining South Australia 2008 STELLAR RESOURCES LIMITED I would like to thank the organisers of the Mining South Australia conference for the opportunity to talk about Stellar Resources. I also commend them for their initiative in conducting the regional
Slide 2: Forward Looking Statements
Forward Looking Statements 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 assump
Slide 3: Strategy: Project Focus
Strategy: Project Focus For personal use only Tarcoola Iron Ore Project - Potentially large magnetite deposit with limited drilling - Transport infrastructure in place – Trans Australian railway - Interest from foreign investors Heemskirk Tin Project - Acquired at a good price prior to tin price esc
Slide 4: Tarcoola Iron Ore Location
Tarcoola Iron Ore Location TARCOOLA IRON PROJECT For personal use only -100% owned by Stellar -limited drilling but large tonnage potential -close to Trans Aus Railway (10km) -within 480km of Whyalla and Bonython ports and infrastructure -outside of the Woomera Prohibited Zone -closest of the centra
Slide 5: Regional Geology and Gravity
Regional Geology and Gravity For personal use only Coolybring Magnetite Wilgena Hill Magnetite STELLAR RESOURCES LIMITED On a regional geological map of the Tarcoola area, the Coolybring magnetite deposit occurs within Lower Proterozoic basement rocks on the western edge of the Middle Proterozoic Ta
Slide 6: November Drill Targets
November Drill Targets Magnetic image showing geophysical targets For personal use only STELLAR RESOURCES LIMITED The colored magnetic image shows the near to surface location of magnetite mineralisation contained within a north–south ridge at Coolybring. Holes 1 to 16 confirmed that the magnetite m
Slide 7: Section 6609770N
Section 6609770N For personal use only STELLAR RESOURCES LIMITED The results of the drilling program are preliminary at this stage. However, they do provide additional information on the geology and provide an explanation of the local gravity high. Assay and Davis Tube Recovery results, which are cr
Slide 8: Hole 18 diamond tail core sample
Hole 18 – diamond tail For personal use only 30 centimetres Jaspilite breccia clasts in a pyrrhotite matrix – 230m down hole STELLAR RESOURCES LIMITED The only conclusive remark that can be made about the western edge of the iron formation is that it is not a conformable contact with Lower Proterozo
Slide 9: Regional gravity model
Regional gravity model For personal use only STELLAR RESOURCES LIMITED The rectangular area shown on the interpretative gravity cross-section outlines the profile drilled to date. The larger brown area at depth and to the west represents the distribution of high density material needed to explain th
Slide 10: Core Samples DD004 and DD005
Core Samples DD004 and DD005 For personal use only 39.5% Fe 40.3% Fe 44.8% Fe STELLAR RESOURCES LIMITED Focusing back on the magnetite mineralisation drilled to date, these core samples taken from DD004 on section 6609770N and DD005 drilled 700m north of DD004 provide good examples of the style of h
Slide 11: Coolybring quality compared
Coolybring quality compared For personal use only Owner Deposits Ore grade Grind Mass Concentrate Grades Recovery Fe Size Recovery Fe SiO2 P Al2O3 Fe % microns % % % % % % A 36 25 43 68 4 0.01 ? 81 Stellar Coolybring 36 38 43 66 8 0.01 0.20 79 B 38 75 40 68 5 ? ? 72 C 40 75 40 69 4 ? ? 69 E 37 35 35
Slide 12: Project Development Steps
Project Development Steps For personal use only Development Stage Description Completion Definition Drilling Determine limits and types of ore Dec-08 Scoping Study Mining, processing, water, energy, Sep-09 transport and marketing Optimisation Study Optimise processing route and inputs Mar-10 Feasibi
Slide 13: Heemskirk Tin – Location
Heemskirk Tin – Location For personal use only Excellent Infrastructure: • Roads • Rail • Port • Water • Power • Workforce • Towns • Mining services 13 STELLAR RESOURCES LIMITED Stellar Resources’ 100% owned subsidiary Columbus Metals, the owner of a 60% interest in the Heemskirk Tin project, was pr
Slide 14: Geophysics and Interpretative Geology
Geophysics and Interpretative Geology For personal use only 14 STELLAR RESOURCES LIMITED The magnetic image over the Heemskirk Tin deposits, shown on the left, is a circular high reflecting magnetite and iron sulphide mineralisation related to a granite stock that has intruded a prospective Lower Ca
Slide 15: Historic Resource Estimate
Historic Resource Estimate For personal use only LENS CATEGORY Mt % Sn Tonnes Tin Queen Queen Hill Hill Indicated Indicated 1.8 1.8 0.82 0.82 14,800 14,800 Severn Severn Inferred Inferred 5.1 5.1 0.60 0.60 30,700 30,700 Montana Montana Inferred Inferred 0.4 0.4 1.22 1.22 4,870 4,870 Total 7.3 0.69 5
Slide 16: Australian Tin Resources
Australian Tin Resources For personal use only 16 STELLAR RESOURCES LIMITED The three deposits of the Heemskirk Tin Project rank fourth in overall tonnes of contained tin against other Australian deposits. However, if the large tonnage low grade deposits are removed from the comparative Heemskirk is
Slide 17: Schematic Section – Heemskirk Tin
Schematic Section – Heemskirk Tin For personal use only 17 STELLAR RESOURCES LIMITED In this schematic long-section, the red areas represent known ore grade mineralisation while the lighter areas reflect potential depth extensions of the mineralisation. The untested volume provides the space to doub
Slide 18: SA Exploration Tenements
SA Exploration Tenements For personal use only JV expenditure on Stellar leases is now $2m pa or 60% of total spend IOCGU targets - Strong position in the corridor - Focus on Pernatty and Cowell Gold - Archaen targets at Tarcoola Uranium - Warrior JV with Toro Energy - Kingoonya JV with UraniumSA -
Slide 19: Conclusion - Targets for 2009
Conclusion - Targets for 2009 For personal use only Tarcoola Iron Ore Project - Identify a suitable partner - Complete definition drilling - Commence scoping study Heemskirk Tin Project - Raise seed capital if IPO unachievable - Resource drilling to confirm and expand - Commence scoping study STELLA
Slide 20: For personal use only
For personal use only The drill and exploration results reported herein, insofar as they relate to mineralisation, are based on information compiled by Mr. Chris Anderson (Member of the Australasian Institute of Mining and Metallurgy) who has more than 5 years experience in the field of activity bei