Stellar Resources Limited · ASX:SRZ
Stellar Resources — International Tin Conference 2012
16 slides from Stellar Resources's conference presentation, Apr 26, 2012
Slide 1: Heemskirk Tin Project - Tasmania
For personal use only Heemskirk Tin Project - Tasmania CEO Peter Blight International Tin Conference 24-25 April 2012
Slide 2: Focused on Tin
For personal use only Focused on Tin Rapidly advancing Heemskirk Tin near Zeehan, Tasmania – single commodity - single project focus Established mining region Good historical drilling data base Potential to discover blind deposits Mining and environmental scoping are positive Project tar
Slide 3: Simplifying Ownership Structure
For personal use only Simplifying Ownership Structure Historical JV – 60% Stellar, 40% Gippsland with Stellar as operator Stellar acquired Gippsland’s 40% for 43.5 m Stellar shares and a royalty Simple share transaction with no changes to Stellar board or focus 100% ownership allows Stellar
Slide 4: Corporate
For personal use only Corporate ASX Code: SRZ (listed April 2005) Shares on Issue: 223.4M Share Price: 13.0c (12 month range: 4-24c) Market Capitalisation: $29M Cash: $6.0M (March 12) Investment: $0.6M (USA shareholding) Ownership Structure Board & Management Top 20 65.0% Phil Harman – Non-Executive
Slide 5: Great Location - Multiple Deposits
For personal use only Great Location - Multiple Deposits 100% owned Heemskirk tin project 100% owned St Dizier tin deposit Significant mining district Easy access to water & power Sealed road between both deposits Rail & road connect to Burnie port 18 km from Australia’s largest tin mi
Slide 6: High Grade Resource
For personal use only High Grade Resource Heemskirk Mineral Resource 4.4mt grading 1.1% tin - 48kt of contained tin in 3 nearby deposits Queen Hill, 1.6Mt @1.2% tin as indicated resource All deposits open at depth Highest grade tin project with JORC resource Heemskirk Mineral Resource Deposi
Slide 7: Positive Metallurgy
For personal use only Positive Metallurgy Traditional tin ore processing circuit proposed – comparable with Renison Bell circuit Tin present as cassiterite rather than more difficult to treat stannite Pre-concentration works well Mineral characterisation shows potential to produce 50% tin co
Slide 8: Scoping Study Greenlight
For personal use only Scoping Study Greenlight Attractive rate of return and 3.5yr payback advance project to pre-feasibility stage US$12,780/t cash cost positions project competitively on the industry cost curve Life of mine revenue of $673 million net of smelter charges 600,000 tpa through
Slide 9: Conservative Project Assumptions
For personal use only Conservative Project Assumptions Parameter Units Assumption Comment Mine life years 7.6 minimum life typical for underground Mining dilution % 15 mines average resource grade is ROM grade % 0.93 1.1% drawing from all three Treatment rate tpa 600,000 deposits Recovery % 70 targe
Slide 10: Excellent Exploration Potential
For personal use only Excellent Exploration Potential 10
Slide 11: Drilling Plan
For personal use only Drilling Plan 3000m in 5 diamond drill holes to test extension of Severn to a depth of 650m from surface 1000m of diamond drilling to test geophysical targets identified by aeromagnetic survey 2,000m of diamond drilling to upgrade Severn from inferred to indicated 3,000
Slide 12: Severn Long Section
For personal use only Severn Long Section 12
Slide 13: Is Heemskirk Another Renison ?
Is Heemskirk Another Renison ? For personal use only 13
Slide 14: Feasibility Program
For personal use only Feasibility Program Indicative Timing 2012 2013 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Drilling Severn Extension RL Exploration Queen Hill Extension Montana Extension Infill Drilling Metallurgy Environmental Prefeasibility Feasib
Slide 15: Disclaimer
Disclaimer Forward Looking Statement For personal use only This presentation contains only a brief overview of Stellar Resources Limited (“Stellar") and its activities and operations. The contents of this presentation, including matters relating to the geology of Stellar’s projects, may rely on vari
Slide 16: Stellar Resources Limited
Stellar Resources Limited Level 17, 530 Collins Street Melbourne VIC 3000 For personal use only Phone +61 3 9618 2540 Fax +61 3 9649 7200 www.stellarresources.com.au
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