Stellar Resources Limited · ASX:SRZ
Stellar Resources — ITRI China International Tin Forum 2015
20 slides from Stellar Resources's conference presentation, May 19, 2015
Slide 1: Heemskirk Tin Project
For personal use only Heemskirk Tin Project Highest grade undeveloped ASX-listed tin project ITRI China International Tin Forum, Shanghai May 2015 ASX: SRZ www.stellarresources.com.au
Slide 2: Corporate overview
Corporate overview For personal use only 100% owner of the highest grade undeveloped ASX-listed tin project Daily trading Company overview Share price (A$) volume (m) 0.09 1.2 100% owner of Heemskirk Tin Project, 150km south of Burnie, Tasmania 1.0 Stand-out high grade resource (1.1% Sn) with 0.
Slide 3: Investment case
Investment case For personal use only Premier position in Australia’s most productive tin field 100% owned Heemskirk Tin Project is the highest grade undeveloped tin resource on the ASX Heemskirk is an unencumbered project with no offtake agreements yet in place; thus allowing for the devel
Slide 4: ASX junior tin developers
ASX junior tin developers For personal use only Heemskirk is the premier pre-production tin opportunity on the ASX Resource grade (% Sn) Very high Sn grade 1.1% Lower per unit costs 0.9% Superior shareholder returns 0.7% 0.4% 0.2% 0.2% Heemskirk Achmmach Cleveland Tin Mt Garnet Mt Lindsay Tarong
Slide 5: Favourable project location
Favourable project location For personal use only North-west Tasmania is a world-class tin jurisdiction Significant mining district Many historical and current operating mines across various commodities Supportive local community and skilled workforce Experienced workforce available with oth
Slide 6: Flagship Heemskirk tin project
Flagship Heemskirk tin project For personal use only Australia’s highest grade undeveloped tin deposit with excellent expansion potential Renison-style deposit located along the Heemskirk location and layout tin-bearing Heemskirk Granite trend Renison Bell (Metals X / Yunnan Tin) located 18km to
Slide 7: Heemskirk 2013 PFS
Heemskirk 2013 PFS For personal use only Positive results from the 2013 PFS confirmed project economics – optimisation is well underway Pre-feasibility study completed in July 2013 for an underground mine producing 600ktpa at 1.06% Sn PFS overview PFS optimisation Pre-production capital cost: A$12
Slide 8: Recent updates
Recent updates For personal use only Operational and corporate achievements in 2014 have set the perfect platform for Stellar to move towards DFS in 2015 January 2014 Capetown S.A. subscribes to A$2.6M placement February 2014 A$1.2M underwritten entitlement offer announced March 2014 Indicated
Slide 9: Deposits open at depth
Deposits open at depth For personal use only All deposits open at depth, poorly explored below 300 metres from surface and unexplored below 500 metres Rock competency contrast Queen Hill and Severn deposits provides channel-way for mineralising fluids Major lithological boundaries provide northe
Slide 10: Encouraging structural corridors
Encouraging structural corridors For personal use only Northwest trending structural corridors prepared geology for mineralising events Previously viewed northeast Structural corridors trend of lithology as most important structural direction Northwest structures now equally important – divide g
Slide 11: High grade tin intersections
High grade tin intersections For personal use only Geological review has uncovered a number of additional high grade tin areas within structures and dilation zones Dilation zones Structures (includes 2m @ 1.4% Sn) (includes 8m @ 1.8% Sn) cassiterite 11
Slide 12: Metallurgical optimisation results
Metallurgical optimisation results For personal use only Materially enhanced Heemskirk economics through gains in tin recovery, reduced losses in the sulphide float and increased gravity recovery 1 Source: WorleyParsons 12
Slide 13: Severn is comparable with Renison
Severn is comparable with Renison For personal use only Severn recovery of 79.5% compares well with neighbour Renison Bell which achieved average recovery of 73.6% at similar head grade in the 1980s Recovery (%) Grade (%) 100 1.5 Next steps for metallurgy Complete test work for St 80 1.2 Dizier 60
Slide 14: Heemskirk is 100% unencumbered
Heemskirk is 100% unencumbered For personal use only Heemskirk is a premier tin investment opportunity with high grades, 100% ownership and located in a supportive mining jurisdiction Heemskirk is a 100% owned, Very limited opportunities for unencumbered project investors to secure tin off-take
Slide 15: Heemskirk DFS
Heemskirk DFS For personal use only Stellar is poised to embark on a DFS for the Heemskirk project in 2015 with PFS optimisation currently well underway DFS to build upon the previously completed PFS and optimisation studies Mining expense deflation expected to reduce the expenditure required fo
Slide 16: Appendix
For personal use only Appendix Heemskirk PFS mine plan Board of Directors ASX: SRZ www.stellarresources.com.au 16
Slide 17: Heemskirk 2013 PFS mine plan
Heemskirk 2013 PFS mine plan For personal use only Surface Queen Hill Long Hole Stoping Montana Long Hole Stoping Severn Drift & Fill Severn Long Hole Stoping Open at depth 500m 17
Slide 18: Board of Directors
Board of Directors For personal use only Experienced and multi-disciplinary Board with strong global connections Phil Harman Miguel Lopez de Letona Non-Executive Chairman Non-Executive Director Geophysicist Management Consultant Over 30 years experience in BHP Billiton Experience as a management
Slide 19: Disclaimer
Disclaimer For personal use only Forward Looking Statement 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 20: 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 20
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