Slide 1: Commercialising Iron Ore and Tin Assets
Stellar Resources Limited For personal use only Commercialising Iron Ore and Tin Assets STELLAR RESOURCES LIMITED
Slide 2: Forward Looking Statements
For personal use only Forward Looking Statements 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: Stellar Resources Capital Structure
For personal use only Stellar Resources Capital Structure ASX Code: SRZ Shares on issue (million): 78.0 Options unlisted (millions): 5.6 Expiry: Dec 2008; Nov 2010 Share price (cents): 15.0 24th April 2008 Market capitalisation ($ million): 11.7 24th April 2008 Liquid assets $ millions Cash 3.6 31st
Slide 4: Board Members
For personal use only Board Members • Executive Chairman - Tom Burrowes • Executive Director - Chris Anderson • Non-exec Directors - David Isles - Barrie Laws • Chief Executive Officer - Peter Blight • Company Secretary - Mel Drummond STELLAR RESOURCES LIMITED
Slide 5: Management and Asset Structure
For personal use only Management and Asset Structure Stellar Resources CEO Peter Blight SA Operations Project Generation TAS Operations Chris Anderson Tom Whiting Ray Hazeldene Gold IOCGU Tarcoola Zeehan Tin Nickel Copper Exploration Exploration Iron Ore Project Exploration Exploration Project JV St
Slide 6: Supply Shortage in Iron Ore and Tin
Supply Shortage in Iron Ore and Tin Iron Ore Market For personal use only Tin Market Hamersley Fines Contract Price (adjusted to 65% Fe) 120 price forecast fines price US$/t 100 80 >100% price increase expected ? US$/t 60 from 2007 to 2010 40 20 0 2004 2005 2006 2007 2008 2009 2010 ¾Shortage of hema
Slide 7: 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 port and infrastructure - Ceduna port option 240km to the southwest but no infrastructure STELLAR RE
Slide 8: Railway visible from Wilgena Hill
For personal use only Railway visible from Wilgena Hill STELLAR RESOURCES LIMITED
Slide 9: Magnetite Deposits – Tarcoola Region
Magnetite Deposits – Tarcoola Region Hawks Nest (source: Western Plains) For personal use only - Kestrel 220mt @ 35% Fe – magnetite - Buzzard 9mt @ 60% Fe – hematite - Other deposits 350mt @ 35% Fe? Giffen Well (source: PIRSA) - 290mt @ 34%Fe - magnetite 3D gravity 20km STELLAR RESOURCES LIMITED
Slide 10: COOLYBRING – cross section
COOLYBRING – cross section Drill section through DD04 For personal use only (note that holes RC08 and 09 are projected 200 north onto this section) STELLAR RESOURCES LIMITED
Slide 11: Coolybring 3D Magnetic Image
For personal use only Coolybring 3D Magnetic Image Potentially significant depth to magnetite mineralisation STELLAR RESOURCES LIMITED
Slide 12: Coolybring quality compared
For personal use only Coolybring quality compared Owner Deposits Ore grade Grind Conc/Ore Concentrate Grades Recovery Fe Size Ratio Fe SiO2 P Al2O3 Fe % microns % % % % % % Stellar Coolybring 41 38 51 66 8 0.01 0.20 82 A 36 25 43 68 4 0.01 ? 81 B 38 75 40 68 5 ? ? 72 C 40 75 40 69 4 ? ? 69 D 37 45 3
Slide 13: SA Exploration Tenements
For personal use only SA Exploration Tenements 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 14: Tasmanian Exploration Tenements
For personal use only Tasmanian Exploration Tenements STELLAR RESOURCES LIMITED
Slide 15: Zeehan Tin Geology
For personal use only Zeehan Tin Geology Deposit location over granite North-south schematic section STELLAR RESOURCES LIMITED
Slide 16: Zeehan Tin Historic Resource
For personal use only Zeehan Tin Historic Resource LENS CATEGORY Mt %Sn Tonnes Sn Queen Hill Indicated 1.8 0.82 14,800 Severn Inferred 5.1 0.6 30,700 Montana Inferred 0.4 1.22 4,870 Total 7.3 0.69 50,370 Included High Grade LENS CATEGORY Mt %Sn Tonnes Sn Queen Hill Indicated 0.9 1.39 12,900 Severn I
Slide 17: Stellar’s Value Proposition
For personal use only Stellar’s Value Proposition ¾ Restructured to focus on project development ¾ Significant resource potential in iron ore in South Australia and tin in Tasmania ¾ Iron Ore and Tin markets continue to strengthen and face historic high prices for several years ¾ Financing plans for
Slide 18: 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 Young (Member of the Australasian Institute of Mining and Metallurgy) who has more than 5 years experience in the field of activity being