Stellar Resources Limited · ASX:SRZ
Stellar Resources — Investor Presentation (May 2019)
26 slides from Stellar Resources's investor presentation, May 27, 2019
Slide 1: Heemskirk Tin Project Investor Presentation
1 For personal use only Investor Presentation HEEMSKIRK 27 May 2019 TIN PROJECT ASX: SRZ www.stellarresources.com.au
Slide 2: Heemskirk Tin Project - Overview
2 For personal use only HEEMSKIRK TIN PROJECT ‐ OVERVIEW Enviable project location S e c u r e t e n u r e ov e r A u s t r a l i a ’ s b e s t p o r t f o l i o o f t i n a s s e t s Updated Mineral Resource Estimate (May 2019) H e e m s k i r k Fa s t St a r t S c o p i n g St u d y Mt R
Slide 3: Enviable Project Location
3 ENVIABLE PROJECT LOCATION For personal use only 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 Licen
Slide 4: Best Portfolio of Tin Assets in Australia
4 For personal use only 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 Updated Mineral Resource (May '19)
5 For personal use only HEEMSKIRK UPDATED MINERAL RESOURCE (MAY ‘19) Classification Deposit Tonnage Total Sn Contained Cassiterite Cu Pb Zn mt % Sn t % of total Sn % % % Indicated Upper Queen Hill 0.32 1.0 3,230 87 0.2 2.1 1.0 Lower Queen Hill 0.65 1.4 9,230 97 0.0 0.1 0.1 Severn 1.15 1.0 11,500 99
Slide 6: Geology - Queen Hill and Severn
6 GEOLOGY – QUEEN HILL AND SEVERN For personal use only Schematic W‐E Cross‐Section 3700N, Showing Queen Hill and Severn Tin Deposits
Slide 7: Severn Deposit
7 SEVERN DEPOSIT For personal use only Severn Long Section Showing All Mineralised Zones (2017 Drillholes labelled) 400m Strike Extent 200µ 380m Dip Extent 3m – 50m Thickness OPEN
Slide 8: Heemskirk Fast Start Scoping Study
8 HEEMSKIRK FAST START SCOPING STUDY For personal use only Study underpinned by May‘19 Updated Resource (inc. 2.1Mt Indicated Resource) Fast Start development: Queen Hill Sequential development; commencing at shallow Queen Hill deposit then later to larger Severn deposit Montana Faster acces
Slide 9: Heemskirk - Metallurgy
9 For personal use only HEEMSKIRK – METALLURGY Renison Tin flow‐sheet tested at Proposed Tin Processing Plant bench scale using drill core from Severn and Queen Hill deposits Test‐work undertaken by ALS Burnie and supervised by Worley Parsons Circuit optimised using Severn sample: grind size
Slide 10: Heemskirk - Environment
10 For personal use only HEEMSKIRK – ENVIRONMENT Notice of Intent submitted to Tasmanian Secure Long‐Term Tailings Dam Site EPA and environmental assessment program agreed (DPEMP) No environmental impediments identified by Stage 1 surveying of mine, tailings transport and storage sites Mining
Slide 11: Razorback Satellite Deposit
11 RAZORBACK SATELLITE DEPOSIT For personal use only POTENTIAL TO ADD EARLY PRODUCTION AT LOW COST Tailings Re‐Processing Razorback Open Pit and Tailings Dam Sampling Initial Focus on re‐processing Razorback mine tailings 12 hand auger holes drilled in Jan 2019 averaging 0.25% Sn Pilot scale t
Slide 12: St Dizier Open Pit Satellite Deposit
12 ST DIZIER OPEN PIT SATELLITE DEPOSIT For personal use only POTENTIAL TO ADD VALUE VIA LOW COST OPEN‐PIT St Dizier Scoping Study Results (Jan ‘19) Higher grades near surface in Central Lode – attractive for open pit mining Open Pit minable resource of 409kt @ 0.90% tin in pit shell over upper
Slide 13: Heemskirk Could Become the Next Renison
13 For personal use only HEEMSKIRK COULD BECOME THE NEXT RENISON Renison, Australia’s oldest, largest & highest grade 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 500m – all deposits open a
Slide 14: Montana Flats Exploration Upside
14 For personal use only MONTANA FLATS EXPLORATION UPSIDE EL13/2018 adds 3 km of strike length along the northwest trending, tin‐mineralising Oonah and Montana Faults All tin deposits and major silver mines lie along or between the Oonah and Montana Faults Silver miners of the 1900s largely ig
Slide 15: Tin Expected to Perform Strongly
15 TIN EXPECTED TO PERFORM STRONGLY For personal use only 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
Slide 16: New Technology to Drive Tin Use
16 NEW TECHNOLOGY TO DRIVE TIN USE For personal use only 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 17: 2019 Work Plan
17 For personal use only 2019 WORK PLAN St Dizier Scoping Study ‐ completed Heemskirk Resource Update – completed Heemskirk Fast Start Development Scoping Study – underway Razorback Tailings – metallurgical testing underway Razorback Resource Evaluation – to follow tailings test‐work Fund and implem
Slide 18: The Investment Proposition
18 For personal use only THE INVESTMENT PROPOSITION Investment in the best tin project in Australia – highest grade undeveloped tin project in Australia and third highest globally Low cost investment – market capitalization undervalues Stellar’s tin assets Re‐focused Fast Start Heemskirk development
Slide 19: Disclaimer
19 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 20: Appendix
20 For personal use only APPENDIX FINANCIAL SUMMARY BOARD OF DIRECTORS QUEEN HILL LONG PROJECTION TIN DEMAND DRIVERS
Slide 21: Share Price Yet to Reflect Solid Achievements at Heemskirk Tin
21 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 ( 1.1% Sn) Focused on Heemskirk Fast Start development with vision to be a major tin prod
Slide 22: Board of Directors
22 EXPERIENCED AND MULTI‐DISCIPLINARY WITH STRONG GLOBAL CONNECTIONS BOARD OF DIRECTORS For personal use only 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 GEOPHYSICIS
Slide 23: Queen Hill Deposit - Long Section
23 For personal use only QUEEN HILL DEPOSIT – LONG SECTION Queen Hill Long Section Showing All Mineralised Zones (2017 Drillholes labelled) 400m Strike Extent 400m Dip Extent 200µ 2m – 25m Thickness OPEN
Slide 24: Future Growth for Tin in EV Batteries
24 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 For personal use only 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 25: Tin Demand: Advantages of Using Tin in EV and PV
25 TIN DEMAND ADVANTAGES OF USING TIN IN EV AND PV For personal use only 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 Niss
Slide 26: Stellar Resources Limited contact details
26 For personal use only 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