Stellar Resources Limited · ASX:SRZ
Stellar Resources — Heemskirk Tin Seminar, Sydney and Melbourne 2017
21 slides from Stellar Resources's conference presentation, Nov 7, 2017
Slide 1: Heemskirk Tin Seminar
1 For personal use only HEEMSKIRK Tin Seminar Sydney 6th November 2017 TIN PROJECT Melbourne 8th November 2017 ASX: SRZ www.stellarresources.com.au
Slide 2: The Agenda for Today
2 H E E M S K I R K I S T I N I N T A S M A N I A For personal use only THE AGENDA FOR TODAY HEEMSKIRK TIN’S COMPETITIVE ADVANTAGES TIMELINE FOCUSED ON A DRILL-OUT OF RESOURCES IN SUPPORT OF A DEFINITIVE FEASIBILITY STUDY MINING LEASE GRANT ADDS TO PROJECT MOMENTUM DARE TO DREAM CAN HEEMSKIRK BECOME
Slide 3: Path from Discovery to Development
3 For personal use only PATH FROM DISCOVERY TO DEVELOPMENT W E S T C O A S T T A S M A N I A – A U S T R A L I A ’ S L A R G E S T A N D M O S T P R O D U C T I V E T I N F I E L D EVOLUTION OF A WORLD CLASS TIN PROJECT • QH tin deposit discovered early 1960s by Gippsland Ltd • Aberfoyle jv with Gi
Slide 4: West Coast Tasmania is a World-Class Tin Jurisdiction
4 WEST COAST TASMANIA IS A WORLD-CLASS TIN JURISDICTION BEST LOCATION For personal use only FOR A NEW MINE Significant mining district - Many historical and current operating mines across various commodities Supportive local community and skilled work force – Competitive market amongst mining and pr
Slide 5: Mineral Resource Estimate Reviewed in 2016
5 For personal use only MINERAL RESOURCE ESTIMATE REVIEWED IN 2016 JORC 2012 CONFIRMS RESOURCE QUALITY • 6.35mt @ 1.13% Sn or 72,000t of contained Sn • 97% of contained Sn is in the form of cassiterite – the most readily recoverable Sn mineral • 64% of Indicated Resource in Lower Queen Hill – first
Slide 6: Mining Lease Granted
6 MINING LEASE GRANTED For personal use only SIGNIFICANT PROJECT MILESTONE THAT INCREASES TENURE AND SECURITY OVER THE RIGHT TO MINE TIN • ML 2023P/M granted to wholly owned subsidiary Columbus Metals Limited • Term is 12 years to 1st January 2029 • Provides right to carry out mining operations in t
Slide 7: Development Strategy Optimised
7 DEVELOPMENT STRATEGY OPTIMISED SEVERAL STUDIES COMPLETED For personal use only FINAL FEASIBILITY REMAINING Mining: MiningOne and Polberro Consulting Process Engineering: WorleyParsons, GR Engineering and Mincore Metallurgy: ALS Metallurgical and WorleyParsons Environmental: John Miedecke and Partn
Slide 8: Recovery Gains Upgraded Valuation
8 RECOVERY GAINS UPGRADED VALUATION METALLURGICAL OPTIMISATION LED TO SMALLER PRIMARY For personal use only GRIND AND ELIMINATION OF HEAVY MEDIA SEPARATION AND SILICA FLOAT CIRCUITS Removed heavy media separation Coarser grind size Increased to 250µ from 160µ Improved recovery from gravity circuit O
Slide 9: Fast Start Sequential Development
9 FAST START SEQUENCIAL DEVELOPMENT For personal use only Underground Mine – 1. Lower Queen Hill 2. Severn 3. Montana 1 3 2
Slide 10: What is Still to be Done?
1 100 W H AT I S STILL TO BE DONE? S T E L L A R TO E M B A R K O N A D F S For personal use only FOR THE HEEMSKIRK PROJECT ON COMPLETION OF DRILLING • April 2017 - drilling commenced - news-flow to follow as • Mineral Resource update on completion of drilling will allow drilling progresses the DFS
Slide 11: Drilling Program Underway
11 DRILLING PROGRAM UNDERWAY For personal use only FOCUS ON LARGEST DEPOSITS SEVERN AND QUEEN HILL
Slide 12: Initial Drilling on Lower Queen Hill
1 122 I N I T I A L D R I L L I N G O N LOW E R Q U E E N H I L L For personal use only ZQ133 – 6.0m @ 0.8% tin ZQ134 – 2.0m @ 1.3% tin within 6.0m of 0.6% tin Confirmation of geological model - cassiterite tin associated with pyrite/siderite/quartz alteration in a fault zone between black shales an
Slide 13: Drilling Focus Now on Severn
1 133 D R I L L I N G FO C U S N OW O N S E V E R N For personal use only ZS132 intersected 14m @ 1.4% tin from 333m to 347m Drill direction at right angles to historical drilling to test vein orientation High-grade veins parallel and at high angle to the deposit strike ZS137 intersected three tin z
Slide 14: Dare to Dream – The Next Renison?
14 DARE TO DREAM – THE NEXT RENISON? For personal use only COMPARISON WITH RENISON SHOWS THAT KNOWN DEPOSITS AT HEEMSKIRK ARE JUST THE START- M I N E R AL ISATI O N AT R E N I S O N OV E R 1 2 0 0 m V E RT I C A LLY FROM SURFACE • Australia’s oldest and largest Sn mine is located 18km away to the NE
Slide 15: The Agenda for Today
15 H E E M S K I R K I S T I N I N T A S M A N I A For personal use only THE AGENDA FOR TODAY HEEMSKIRK TIN’S COMPETITIVE ADVANTAGES TIMELINE FOCUSED ON A DRILL-OUT OF RESOURCES IN SUPPORT OF A DEFINITIVE FEASIBILITY STUDY MINING LEASE GRANT ADDS TO PROJECT MOMENTUM DARE TO DREAM CAN HEEMSKIRK BECOM
Slide 16: Disclaimer
16 For personal use only DISCLAIMER 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.
Slide 17: Appendix
1 177 For personal use only APPENDIX J O R C 2 0 1 2 R E S O U R C E S TAT E M E N T C O R P O R AT E O V E RV I E W BOARD OF DIRECTORS
Slide 18: Mineral Resource Estimate Reviewed in 2016
18 For personal use only MINERAL RESOURCE ESTIMATE REVIEWED IN 2016 JORC 2012 CONFIRMS RESOURCE QUALITY
Slide 19: Corporate Overview
1 199 C O R P O R AT E O V E RV I E W S H A R E P R I C E Y E T TO R E F L E C T S O L I D For personal use only A C H I E V E M E N T S AT H E E M S K I R K T I N C O M PA N Y O V E R V I E W • 100% owner of Heemskirk Tin Project, 150km south of Burnie, Tasmania • Stand- out high grade resource ( 1
Slide 20: Board of Directors
20 EXPERIENCED AND MULTI-DISCIPLINARY WITH STRONG GLOBAL CONNECTIONS BOARD OF DIRECTORS For personal use only PHIL HARMAN, PETER BLIGHT, NON-EXECUTIVE CHAIRMAIN MANAGING DIRECTOR GEOPHYSICIST GEOLOGIST Over 30 years experience in BHP 30 years experience in exploration, Billiton minerals exploration
Slide 21: Stellar Resources Limited contact
21 For personal use only STELLAR Level 17, 530 Collins Street Melbourne VIC 3000 RESOURCES Phone +61 3 9618 2540 Fax +61 3 9649 7200 LIMITED www.stellarresources.com.au
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