Slide 1: Heemskirk Tin Project Investor Presentation
1 Investor Presentation HEEMSKIRK 28 March 2019 TIN PROJECT ASX: SRZ www.stellarresources.com.au
Slide 2: Agenda
2 AGENDA E nvia ble p ro j ect lo catio n Secur e t enure o ver Aust r a l i a ’ s best po rtfo lio o f t in a sset s Heem s k i r k p ro j ect highlight s T i n e xpe c t ed t o co n t i nu e t o p e rf o r m st ro ngly a ga i n s t o t her met a l s Refo cuse d Heem s k i r k Fa st St a
Slide 3: Enviable Project Location
3 ENVIABLE PROJECT LOCATION WEST COAST TASMANIA – AUSTRALIA’S LARGEST AND MOST PRODUCTIVE TIN FIELD Stellar owned (100%) tin properties: • Heemskirk Project (Queen Hill, Severn, Montana and Oonah deposits), • Razorback and St Dizier Satellite deposits • Large Exploration Licence package Five und
Slide 4: Best Portfolio of Tin Assets in Australia
4 BEST PORTFOLIO OF TIN ASSETS IN AUSTRALIA Secure Tenure: ML’s over Heemskirk deposits and St Dizier Large EL Package Providing Further Upside/Flexibility
Slide 5: Heemskirk Project Highlights
5 HEEMSKIRK PROJECT HIGHLIGHTS Stellar’s flagship Heemskirk Tin Project is the highest grade undeveloped tin project in Australia and the third highest globally. Refocusing in 2019 on progressing a Heemskirk Fast Start development strategy, rapidly advancing the project towards production Seve
Slide 6: Tin Expected to Continue to Perform Strongly
6 TIN EXPECTED TO CONTINUE TO PERFORM STRONGLY Tin supply tightening as exports from Myanmar decline and production in China and Indonesia faces greater regulation – exchange stocks also low Mine development queue is limited – only one new mine under development (Bisie in DRC) and no significant
Slide 7: New Technology to Drive Tin Use
7 NEW TECHNOLOGY TO DRIVE TIN USE Tin ranked as the metal best placed to benefit from new technologies Tin use in electrical and energy storage applications is easy to achieve and potentially disruptive New uses of tin could have a major impact on market size
Slide 8: Heemskirk – Refocused Fast Start Strategy
8 HEEMSKIRK – REFOCUSED FAST START STRATEGY Re sour c e update underwa y f o r Heem s k i r k depo sit s : incorporating drilling results from 2017 tighter drilling pattern in upper Severn maiden resource estimate for recently acquired Oonah deposit Scoping study o n Fa st St a rt Heem s k
Slide 9: Heemskirk: High Grade Cassiterite Tin Resource
9 HEEMSKIRK: HIGH GRADE CASSITERITE TIN RESOURCE Current resource is 6.35mt grading 1.13% tin or High Grade Cassiterite 72,000t of contained tin Cassiterite is the dominant tin mineral (97%) and the most easily recovered using conventional methods All deposits are open at depth and have potent
Slide 10: Increased Drill Density in Upper Severn
10 INCREASED DRILL DENSITY IN UPPER SEVERN SEVERN LONG PROJECTION
Slide 11: Heemskirk Mine Plan
11 HEEMSKIRK MINE PLAN Queen Hill Mine plan developed by Mining One – Long Hole Stoping studies completed in 2013 and 2016 Fast Start focus on sequential Montana development of deposits beginning with Long Hole Stoping Queen Hill Sequential development is lower initial capital development cost
Slide 12: Heemskirk – Metallurgy
12 HEEMSKIRK – METALLURGY Renison Tin flow-sheet tested at bench scale using drill core Proposed Tin Processing Plant from Severn and Queen Hill deposits Test-work undertaken by ALS Burnie and supervised by Worley Parsons Circuit optimised using Severn sample: grind size coarsened to 250µ fr
Slide 13: Heemskirk – Environment
13 HEEMSKIRK – ENVIRONMENT Notice of Intent submitted to Secure Long-Term Tailings Dam Site Tasmanian EPA and environmental assessment program agreed (DPEMP) No environmental impediments identified by Stage 1 surveying of mine, tailings transport and storage sites Mining Leases granted for 12
Slide 14: Renison Is What Heemskirk Could Become
14 RENISON IS WHAT HEEMSKIRK COULD BECOME Renison long projection with overlay of Heemskirk deposits Renison, Australia’s oldest and largest tin mine is located 18km to the NE of Heemskirk Heemskirk and Renison share the same ore genesis and geology Heemskirk deposits drilled to a depth of 500
Slide 15: Razorback Tailings
15 RAZORBACK TAILINGS RAZORBACK SATELLITE DEPOSIT OFFERS THE POTENTIAL TO ADD EARLY PRODUCTION AT LOW COST Razorback open pit and tailings dams Initial Focus on re-processing the Razorback mine tailings Encouraging results from initial sampling and testwork in 2018 Hand auger sampling program
Slide 16: Razorback Mine
16 RAZORBACK MINE RAZORBACK SATELLITE DEPOSIT OFFERS THE POTENTIAL TO ADD EARLY PRODUCTION AT LOW COST Razorback open pit showing face sampling Razorback Mine operated from 1975 to 1978 producing approximately 158 tonnes of tin in concentrate Potential to define a mineral resource from historica
Slide 17: St Dizier Resource Estimate
17 ST DIZIER RESOURCE ESTIMATE ST DIZIER SATELLITE DEPOSIT OFFERS THE POTENTIAL TO ADD VALUE VIA LOW COST OPEN-PIT DEVELOPMENT Cross-Section 345,150mE, Central Lode, St Dizier Total St Dizier Indicated Mineral Resource of 1.20mt @ 0.69% tin or 8,280t contained tin Higher grades near surface in C
Slide 18: St Dizier Scoping Study
18 ST DIZIER SCOPING STUDY UPDATED STAND-ALONE ST DIZIER SCOPING STUDY COMPLETED JAN 2019 E a r l y p r o d u c t i o n m a y b e p o s s i b l e s u b j e c t t o a c c e s s t o 3 rd p a r t y processing plant Alternatively St Dizier may be mined and processed in Stellar’s proposed Heemskirk p
Slide 19: Mt Razorback: >4km of Lateral Exploration
19 Mt RAZORBACK: >4KM OF LATERAL EXPLORATION EL11/2017 lies within 10km of the Renison processing plant and a similar distance from the proposed processing plant at Heemskirk Significant exploration potential along the 3.0km Razorback and 1.5km Grand Prize Faults Razorback and Grand Prize Faul
Slide 20: Montana Flats: 3km Lateral Exploration
20 MONTANA FLATS: 3KM LATERAL EXPLORATION EL13/2018 lies immediately north of the Heemskirk tin deposits and contains the Oonah deposit Adds 3 km of exploration strike length along the northwest trending, tin-mineralising Oonah and Montana Faults All tin deposits and major silver deposits lie
Slide 21: 2019 Work Plan
21 2019 WORK PLAN St Dizier Scoping Study - completed Razorback Tailings – sampling complete and metallurgical testing underway Razorback Resource Evaluation – to follow tailings test-work Heemskirk Resource Estimate – Update underway Heemskirk Fast Start Scoping Study – to follow resource update an
Slide 22: The Investment Proposition
22 THE INVESTMENT PROPOSITION Investment in the best tin project in Australia – highest grade undeveloped tin project listed on the Australian Stock Exchange Low cost investment – market capitalisation undervalues Stellar’s tin assets Re-focused Fast Start Heemskirk development strategy – potential
Slide 23: Disclaimer
23 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. When used is this repo
Slide 24: Appendix
24 APPENDIX FINANCIAL SUMMARY BOARD OF DIRECTORS TIN DEMAND DRIVERS
Slide 25: Share Price Yet to Reflect Solid Achievements at Heemskirk Tin
25 SHARE PRICE YET TO REFLECT SOLID 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 18km from the world class Renison tin mine – same
Slide 26: Board of Directors
EXPERIENCED AND MULTI-DISCIPLINARY 26 WITH STRONG GLOBAL CONNECTIONS BOARD OF DIRECTORS PHIL HARMAN, NON-EXECUTIVE CHAIRMAN GEOPHYSICIST Over 30 years experience in BHP Billiton minerals exploration THOMAS WHITING, NON-EXECUTIVE DIRECTOR Past and present Director of GEOPHYSICIST several ASX listed c
Slide 27: Will 2nd Generation EV Batteries Drive Growth?
27 F U T U R E G R O W T H F O R T I N I N E V B A T T E R I E S WILL 2 ND GENERATION EV BATTERIES DRIVE GROWTH? I T A V I E W O F T I N ’ S R O L E
Slide 28: Advantages of Using Tin in EV and PV
28 TIN DEMAND ADVANTAGES OF USING TIN IN EV AND PV Increases energy density in battery anodes = increased battery life University of Alberta, Cornell University, Furukawa Group, University of Texas Improves conductivity of silicon and graphite anodes = improved cycle times Nissan, Daimler, Samsung a
Slide 29: Stellar Resources Limited
29 STELLAR Level 17, 530 Collins Street Melbourne VIC 3000 RESOURCES Phone +61 3 9692 7222 Fax +61 3 9077 9233 LIMITED www.stellarresources.com.au