Stellar Resources Limited · ASX:SRZ
Stellar Resources — 6th Annual Beer & Co Tin Conference 2018
24 slides from Stellar Resources's conference presentation, Nov 7, 2018
Slide 1: 6th Annual Beer & Co Tin Conference - Heemskirk Tin Project
1 For personal use only 6th Annual Beer & Co Tin Conference HEEMSKIRK Melbourne 7th November 2018 TIN ASX: SRZ www.stellarresources.com.au PROJECT
Slide 2: Stellar Resources Overview
2 For personal use only H E E M S K I R K I S T I N I N T A S M A N I A STELLAR RESOURCES LIMITED (ASX:SRZ) STELLAR RESOURCES OVERVIEW DEVELOPMENT PLAN PROVIDES OPTIONALITY EXPLORATION POTENTIAL THE INVESTMENT OPPORTUNITY
Slide 3: Stellar Resources - Overview
3 STELLAR RESOURCES - OVERVIEW For personal use only 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 FIRST CLASS POSITION IN TASMANIA’s BEST UNDEVELOPED TIN ASSETS • Stellar’s flagship Heemskirk Tin Project is the highest grad
Slide 4: Corporate Overview
4 CORPORATE OVERVIEW SHARE PRICE YET TO REFLECT SOLID For personal use only ACHIEVEMENTS AT HEEMSKIRK TIN COMPANY OVERVIEW • 100% owner of Heemskirk Tin Project, 150km south of Burnie, Tasmania • Stand- out high grade resource ( 1.13% Sn) with vision to be a major Australian tin producer • Metallurg
Slide 5: Development Plan Provides Optionality
5 For personal use only H E E M S K I R K I S T I N I N T A S M A N I A STELLAR RESOURCES LIMITED (ASX:SRZ) STELLAR RESOURCES OVERVIEW DEVELOPMENT PLAN PROVIDES OPTIONALITY EXPLORATION POTENTIAL THE INVESTMENT OPPORTUNITY
Slide 6: Advancing Multiple Development Options
6 ADVANCING MULTIPLE DEVELOPMENT OPTIONS For personal use only 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 HEEMSKIRK ST DIZIER MT RAZORBACK • JORC 2012 Resource of 6.25mt @ • JORC Resource of 1.2mt @ 0.7% tin • Mt Razorbac
Slide 7: Heemskirk 1st Iteration - Maximise Production
7 HEEMSKIRK IST ITERATION MAXIMISE PRODUCTION For personal use only Heemskirk Mine Plan • Simultaneous developm ent of all three Queen Hill Long Hole Stoping deposits • Ore schedule based on maximizing the Montana mining rate Long Hole Stoping • Renison flow sheet used for ore processing • Optimisat
Slide 8: Heemskirk 2nd Iteration - Fast Start, Minimise Capital
8 HEEMSKIRK 2 ND ITERATION - FAST START MINIMISE CAPITAL For personal use only • Fast start focus to reduce developm ent capital and • Mining schedule and costs estimat ed by MiningOne get into production 6 months sooner • Worley Parsons assessed metallurgi cal • Stage 1 Lower Queen Hill with Stage
Slide 9: Progress Through the Early Hurdles
9 PROGRESS THROUGH THE EARLY HURDLES EVOLUTION FROM MAXIMISING PRODUCTION TO MAXIMISING VALUE For personal use only Increasing NPV/Capex Mining: MiningOne and Polberro Consulting P r o c e s s E n g i n e e r i n g : W o r l e yP a r s o n s , G R E n g i n e e r i n g a n d M i n c o r e M e t a l
Slide 10: All Mining Leases Granted
10 ALL MINING LEASES GRANTED INCREASED TENURE PROVIDES FLEXIBILITY For personal use only • ML2023P/M, ML2040P/M and ML2M/2014 granted to wholly owned subsidiary Columbus Metals Limited • MLs secure tin deposits and sites for the tailings pipeline route and tailings storage facility • Term is 12 year
Slide 11: Exploration Potential
11 For personal use only H E E M S K I R K I S T I N I N T A S M A N I A STELLAR RESOURCES LIMITED (ASX:SRZ) STELLAR RESOURCES OVERVIEW DEVELOPMENT PLAN PROVIDES OPTIONALITY EXPLORATION POTENTIAL THE INVESTMENT OPPORTUNITY
Slide 12: Lateral Exploration Potential Expanded
12 LATERAL EXPLORATION POTENTIAL EXPANDED 6 km of strike length added to lateral exploration potential For personal use only • Stellar has acquired two significant exploration licences in 2018 • Razorback adds 3km of strike length and two historical tin mines • Montana Flats adds a further 3km immed
Slide 13: Exploration Potential at Mt Razorback
13 EXPLORATION POTENTIAL AT MT RAZORBACK For personal use only EL11/2017 MT RAZORBACK GRANTED • 10km via existing roads to Heemskirk or Renison • Potential to recover cassiterite from tailings • Potential to define a mineral resource below the Razorback open pit • Exploration potential along the Raz
Slide 14: Exploration Potential at Montana Flats
14 EXPLORATION POTENTIAL AT MONTANA FLATS For personal use only EL13/2018 MONTANA FLATS • EL13/2018 lies immediately north of the Heemskirk tin deposits • It adds 3 km of exploration strike length along tin-mineralising fault structures • All tin deposits and major silver deposits lie along or betwe
Slide 15: Exploration at Depth Remains Untested
15 EXPLORATION AT DEPTH REMAINS UNTESTED For personal use only EXPLORATION COULD INCREASE HEEMSKIRK 3X • Helimag data supports a gravit y model with depth to granit e source Oblique long-section rocks > 1.0km Surface Old Ag/Pb mines Tin deposits known deposits • No granit e intersect ed in any histo
Slide 16: Dare to Dream - Heemskirk the Next Renison?
16 DARE TO DREAM – HEEMSKIRK THE NEXT For personal use only RENISON? • Renison, Australia’s oldest and largest tin mine is located 18km to the NE of the Heemskirk Tin deposits • Heemskirk and Renison share the same geology and structural setting • Renison started with a 5 year mine life in 1968 trea
Slide 17: The Investment Opportunity
17 For personal use only H E E M S K I R K I S T I N I N T A S M A N I A STELLAR RESOURCES LIMITED (ASX:SRZ) STELLAR RESOURCES OVERVIEW DEVELOPMENT PLAN PROVIDES OPTIONALITY EXPLORATION POTENTIAL THE INVESTMENT OPPORTUNITY
Slide 18: Next Steps
18 NEXT STEPS For personal use only Metallurgical testing – Razorback tailings sample Explore Razorback Fault – define exploration drill targets from soil geochemistry Identify drilling targets in Montana Flats EL Review development options for St Dizier tin project Fund surface drilling or explorat
Slide 19: The Investment Opportunity
19 THE INVESTMENT OPPORTUNITY For personal use only Investment in the best tin project in Australia – highest grade undeveloped tin project listed on the Australian Stock Exchange Low cost investment – market capitalization undervalues Stellar’s tin assets Significant exploration potential – upside
Slide 20: Disclaimer - Forward Looking Statement
20 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 21: Appendix
21 For personal use only APPENDIX HISTORY OF HEEMSKIRK TIN PROJECT BOARD OF DIRECTORS
Slide 22: Path from Discovery to Development
22 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 For personal use only EVOLUTION OF A WORLD CLASS TIN PROJECT • QH tin deposit discovered early 1960s by Gippsland Ltd • Aberfoyle jv with G
Slide 23: Board of Directors
23 EXPERIENCED AND MULTI-DISCIPLINARY WITH STRONG GLOBAL CONNECTIONS BOARD OF DIRECTORS For personal use only PHIL HARMAN, NON-EXECUTIVE CHAIRMAN GEOPHYSICIST O v e r 3 0 ye a r s e x p e r i e n c e i n B H P B i l l i t o n mi n e r a l s e x p l o r a t i o n THOMAS WHITING, NON-EXECUTIVE DIRECTO
Slide 24: Stellar Resources Limited contact details
24 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
Stellar Resources — 6th Annual Beer & Co Tin Conference 2018 on 6ix