Stellar Resources Limited · ASX:SRZ
Stellar Resources — Annual Tin Conference 2014
19 slides from Stellar Resources's conference presentation, Nov 5, 2014
Slide 1: Heemskirk Tin Project
For personal use only Heemskirk Tin Project Highest grade undeveloped ASX-listed tin resource Annual Tin Conference November 2014 ASX: SRZ www.stellarresources.com.au
Slide 2: Agenda
Agenda For personal use only Company Overview Project Review Exploration Potential Future Milestones 2
Slide 3: Strong balance sheet and register
Strong balance sheet and register For personal use only Financial Information ASX ticker SRZ (listed Apr-05) Number of shares 300.2m Number of options 25.0m (8.0c ex. price; 26-Feb-17 expiry) Share price A$0.03 (12 mth range: A$0.027-0.058) Market capitalisation A$9.0m Cash A$3.5m (30-Sep-14) Enterp
Slide 4: Experienced team
Experienced team For personal use only Phil Harman (Non-Executive Chairman) geophysicist with 30 years experience in BHP Billiton minerals exploration. Past and present Director of several ASX listed companies. Peter Blight (Managing Director) geologist and mining analyst with 30 years experienc
Slide 5: Stellar's well located tin assets
Stellar’s well located tin assets For personal use only Tin assets100% owned High grade Heemskirk + St Dizier Renison-style deposit well known Exciting exploration potential Significant mining district Infrastructure on door step Low political risk Low environmental risk 5
Slide 6: Excellent progress to date
Excellent progress to date For personal use only Maximised tin price leverage by moving to 100% ownership in 2012 Increased resource by 49% to 71,500t contained tin - worth $1.6bn Demonstrated presence of high grade tin including 7m @ 4% tin Demonstrated recovery of 70% through bench scale m
Slide 7: High-grade Heemskirk resource
High-grade Heemskirk resource For personal use only 49% increase in contained tin to 71,500 tonnes (from 48,000 tonnes) Resource risk reduced through greater geological consistency Classification Deposit Tonnes Grade Contained Tin millions % tin tonnes Indicated All 1.41 1.26 17,790 Inferred All
Slide 8: St Dizier – adds low cost resource
St Dizier – adds low cost resource For personal use only Add-on resource for the Heemskirk Project Open pittable Indicated Resource Classification Millions Tonnes Sn% Sol Sn% WO3 % Fe % S% Indicated 1.20 0.69 0.09 0.04 23.70 2.64 Inferred 1.06 0.52 0.22 0.05 22.22 1.81 Total Resource 2.26 0.61 0
Slide 9: Heemskirk + St Dizier = 85kt tin
Heemskirk + St Dizier = 85kt tin For personal use only Heemskirk: highest grade undeveloped ASX listed tin resource 2.00 bubble size = kt of contained tin Renison Bell 1.75 MLX 50% 1.50 Heemskirk 1.25 Tin Grade % 2013 Heemskirk + St Dizier 2011 1.00 2014 Achmmach KAS 100% MGT 83.5% 0.75 Rentails 0.5
Slide 10: Heemskirk of in a field of 7
Heemskirk 1 of 7 in a field of 157 For personal use only BGR – German Federal Institute of Geosciences and Natural Resources has a mandate to report on future supply of critical metals to Government and Industry In 2014 – the well resourced BGR (budget €94m 2014) reported on Tin after studying 1
Slide 11: Positive prefeasibility results
Positive prefeasibility results For personal use only Study completed in July 2013 for an underground mine at Heemskirk treating 600ktpa @ 1.06% tin Queen Hill Long Hole Average annual production of 4,327 Stoping Montana tonnes of tin in concentrate @ 48% Long Hole grade Stoping Pre-production c
Slide 12: Optimisation: adding value to PFS
Optimisation: adding value to PFS For personal use only PFS represents a base case with significant untested upside Improved metallurgical recovery Increasing overall recovery by 1 percentage point adds $4.9 million or 8% to NPV Increased mine life Each additional year of life adds $13 milli
Slide 13: Potential for high grade hits
Potential for high grade hits Key Intersections: For personal use only Queen Hill QH 125 - 32m @ 1.6% Sn Severn ZS113 – 7m @ 4.0% Sn Montana ZM67 – 8m @ 3.9% Sn 13
Slide 14: St Dizier close to planned process plant
St Dizier in close proximity 20 km from planned process plant via a sealed road For personal use only Low development risk in an area previously mined for alluvial tin 14
Slide 15: St Dizier – potential open pit
St Dizier – potential open pit Pipe-like tin-magnetite skarn in serpentised carbonate For personal use only Best grades within 70m of surface 15
Slide 16: Outstanding exploration potential
Outstanding exploration potential Potential for additional tin targets in unexplored halo of silver-lead veins For personal use only All deposits open at depth and poorly explored below 300 metres 16
Slide 17: Excellent project in a great location
Excellent project in a great location For personal use only By the end of 2014 Future Milestones Notice of Intent Submitted 2015 Complete metallurgy optimisation Commence DFS drilling and studies Complete St Dizier scoping study 2016 Update PFS outcomes Complete financing Complete geologic
Slide 18: Disclaimer
Disclaimer Forward Looking Statement For personal use only This presentation was prepared by Stellar Resources Limited ( the “company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the company or as an offer or invitation with respect to those
Slide 19: Stellar Resources Limited
Stellar Resources Limited Level 17, 530 Collins Street For personal use only Melbourne VIC 3000 Phone +61 3 9618 2540 Fax +61 3 9649 7200 www.stellarresources.com.au 19