Stellar Resources Limited · ASX:SRZ

Stellar Resources — AMEC Proactive Investors Seminar 2010

25 slides from Stellar Resources's conference presentation, Sep 9, 2010

  1. Slide 1: Stellar Resources Limited Presentation: Adding Value through Resource Development

    9 September 2010 For personal use only ASX RELEASE Stellar Resources Limited Presentation Adding Value through Resource Development Stellar‘s Chief Executive Officer, Mr Peter Blight, provided the attached presentation to the AMEC Proactive Investors 8 September 2010 Seminar in Melbourne. In the pre

  2. Slide 2: Adding Value Through Resource Development

    For personal use only STELLAR RESOURCES LIMITED Adding Value Through Resource Development September 2010 I would like to thank Proactive Investors and AMEC for this opportunity to present the investment case for Stellar Resources. I last spoke at a Proactive conference in April this year in Sydney.

  3. Slide 3: 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

  4. Slide 4: Profile

    Profile For personal use only ‰ Exploration & development company ‰ Experienced & successful management team ‰ Asset base centred in South Australia & Tasmania ‰ Recent successful drilling significantly upgrading assets ‰ Key deposits: ‰ Magnetite iron ore in South Australia ‰ High‐grade tin in Tasm

  5. Slide 5: Financials

    Financials For personal use only ‰ ASX Code: SRZ (listed in April, 2005) ‰ Shares on issue: 94.8M ‰ Share price: 6c (12 month range: 4‐13 c) ‰ Market capitalisation: $5.7M ‰ Cash: $1.9M (Jun 10) ‰ Investment: $1.0M (USA shareholding) ‰ Ownership structure: Top 20 ‐ 31% Board/Management ‐ 5% Private

  6. Slide 6: Tarcoola Iron Ore

    Tarcoola Iron Ore For personal use only 5 The Tarcoola Iron Ore Project is the first of Stellar’s key assets that I will talk about tonight. It is located is central South Australia near the railway town of Tarcoola. Three mines are operating in the area with the Challenger gold mine 100km to the no

  7. Slide 7: Tarcoola Iron Ore

    Tarcoola Iron Ore For personal use only ‰ 100% owned by Stellar ‰ Large Coolybring magnetite deposit – 700Mt target ‰ Target upside from Hicks Hill ‰ 10km from Trans‐Australian Railway ‰ Closest of central SA iron ore projects to rail &port ‰ Outside of Woomera Prohibited Area ‰ Located in very supp

  8. Slide 8: Project Concepts Checked by Independent Experts

    Project Concepts Checked by Independent Experts For personal use only Hellman & Schofield Pty Ltd 7 Stellar has engaged a number of independent experts to look at various aspects of the development concept for an open pit mine and magnetite concentrator at Coolybring and the infrastructure required

  9. Slide 9: Hicks Hill Confirmed as Attractive Target

    Hicks Hill Confirmed as Attractive Target For personal use only 8 The first of Stellar’s goals announced in April was to complete a preliminary drilling program at Hicks Hill. The purpose was to determine whether the Hicks Hill mineralisation was of suitable grade and quality and close enough to sur

  10. Slide 10: Hicks Hill Assays Demonstrate High Quality

    Hicks Hill Assays Demonstrate High Quality For personal use only Hole From To Interval Head Mass Concentrate Grade Fe Number Grade Recovery Fe SiO2 Al2O 3 P S LOI Recovery m m m Fe % % % % % % % % % RC02 30 120 90 29 40 69 4.2 0.2 0.01 0.01 -3.0 93 RC02 126 156 30 27 34 69 3.8 0.1 0.00 0.01 -3.1 84

  11. Slide 11: The Next Steps

    The Next Steps For personal use only ‰ Expand exploration target by increasing access at Hicks Hill ‰ Drilling to determine inferred resource at Coolybring South Australian Magnetite-Hematite Developers by Capitalisation 140 120 capitalisation $m 100 80 60 40 20 0 Centrex IMX Resources Western Royal

  12. Slide 12: Supportive Tin Market

    Supportive Tin Market ‰ Strong global demand growth of 9% in 2010. For personal use only ‰ Supply interruptions in Indonesia. ‰ LME stocks down by 50% to 15,000t since January. ‰ LME tin price up 27% to US$21,400/t year to date . 30,000 30,000 Tonnes US$/tonne 25,000 25,000 20,000 20,000 15,000 15,0

  13. Slide 13: Heemskirk Tin Project

    Heemskirk Tin Project For personal use only ‰ 60% owned Heemskirk plus 100% owned St Dizier Tin Deposit ‰ Largest undeveloped high grade tin resource in Australia ‰ Next to well established infrastructure ‰ Tin concentrator 18km at Renison ‰ Yunnan Tin Group buying into area ‰ No serious project rev

  14. Slide 14: Three Deposits Located to Date

    Three Deposits Located to Date For personal use only 13 Only drilled to depth of 400m The Heemskirk Tin Project comprises three deposits – Queen Hill, Severn and Montana. Queen Hill crops out at the surface and was known about but not worked by the lead and silver miners that operated in the area du

  15. Slide 15: High Grade Potential

    High Grade Potential For personal use only ‰ Focus on near-surface high grade at Queen Hill ‰ 50% of tonnage contains 87% of the tin Queen Hill, Severn Resources Grade Contained Tin & Montana Mt % t Total 7.3 0.69 50,370 High Grade (HG) 3.6 1.21 43,'700 HG % of Total 49 87 Historic Pre-JORC Resource

  16. Slide 16: Results Enhancing Historic Figures

    Results Enhancing Historic Figures For personal use only 15 In June, Stellar commenced a six hole drilling program at Queen Hill. The purpose was to test the more sparsely drilled near surface mineralisation. In addition, the fresh assay results could be used to in-fill the data base and allow an up

  17. Slide 17: Multiple Mineralised Zones

    Multiple Mineralised Zones For personal use only 16 The geology is best explained in cross-section. The mineralisation occurs as a fracture zone filling of pyrite and silica containing fine grained cassiterite – shown on the cross-section as the Queen Hill Tin Lode. In addition, the mineralisation o

  18. Slide 18: Unlocking Value in Tin

    Unlocking Value in Tin For personal use only Work Program ‰ 6 hole drilling program is now complete and all assays should be available in two weeks. ‰ Integrate the new information with the historic data base over the next six weeks. ‰ Commence metallurgical test work to define the processing option

  19. Slide 19: Uranium: Pirie Basin - Exciting Target

    Uranium: Pirie Basin - Exciting Target For personal use only ‰ Pirie Basin confirmed as new sedimentary uranium province in South Australia ‰ Stellar well represented with ELs 4242 and 3978 ‰ UraniumSA has proved mineralisation drilling EL 4242 ‰ Several companies approached Stellar to JV EL 3978 18

  20. Slide 20: Uranium Targeted With EM

    Uranium Targeted With EM For personal use only UraniumSA demonstrated success of EM targeting with discoveries at Blackbush, Samphire and Plumbush 19 Electromagnetic targeting has proven to be a highly successful approach for UraniumSA with discoveries at Blackbush, Samphire and just to the north of

  21. Slide 21: EL 4242 Providing Good Results

    EL 4242 Providing Good Results For personal use only 20 In April I foreshadowed that joint venture partner UraniumSA would be reconnaissance drilling on EL 4242. The drilling is now complete and as we reported at the time the results were better than we had expected. Two drill traverses in the north

  22. Slide 22: EL 3978 Highly Prospective

    EL 3978 Highly Prospective For personal use only ‰ 100% owned by Stellar ‰ EM on EL 3978 identified 35km zone of interest (defined by black line) ‰ Uranium source rocks occur in blue area ‰ Limited historic drilling shows the right stratigraphy ‰ Excellent potential for discoveries in southern Pirie

  23. Slide 23: Stellar's Targets

    Stellar’s Targets For personal use only Iron Ore 1. Add Hicks Hill to the exploration target 2. Fund drilling of an inferred resource at Coolybring Tin 1. Use drill samples to test Queen Hill metallurgy 2. Update the historic resource estimate 3. Look at development options Uranium 1. Further drilli

  24. Slide 24: 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

  25. Slide 25: Stellar Resources Limited

    Stellar Resources Limited Level 7 Exchange Tower, 530 Lt. Collins Street Melbourne VIC 3000 For personal use only Phone +61 3 9909 7618 Fax +61 3 9909 7621 www.stellarresources.com.au

Stellar Resources — AMEC Proactive Investors Seminar 2010 on 6ix