20 slides from Stellar Resources's shareholder meeting presentation, Oct 17, 2011
Slide 1: AGM Presentation
For personal use only AGM Presentation CEO Peter Blight 17 October 2011
Slide 2: Focused on tin
For personal use only Focused on tin Rapidly advancing Heemskirk Tin near Zeehan, Tasmania – single commodity - single project focus High grade tin development - established mining region Significant resource upside potential Positive scoping study takes project to pre-feasibility Pre-feas
Slide 3: Tin prices set to recover
For personal use only 3 1/ 09 1/ /20 5,000 10,000 15,000 20,000 25,000 30,000 35,000 0 1 0 2/ 0/20 9 11 0 2/ /20 9 1 0 6/ 2/20 9 0 0 Tonnes 5/ 1/20 9 02 1 9/ /20 0 0 12 3/2 10 /0 0 13 4 /2 10 / 0 15 05 /2 10 / 0 15 06 /2 10 LME Price /0 0 LME Stocks 16 7 /2 10 / 0 16 08 /2 10 /0 0 18 9 /2 10 /1 01
Slide 4: Growth dominated by solder
For personal use only Growth dominated by solder Source: ITRI Tin recycling is becoming more important, particularly in China, and now represents 22% of global demand 4
Slide 5: Where is tin mined?
For personal use only Where is tin mined?
Slide 6: Need for 80ktpa of new production
For personal use only Need for 80ktpa of new production Source: ITRI 6
Slide 7: Not enough in ITRI project list
For personal use only Not enough in ITRI project list Compa ny Proje ct Country Ca pa city Minsur San Rafael tailings Peru 7,500 Syrymbet Syrymbet Kazakhs tan 6,500 Kasbah Resources Achmmach Morocco 5,600 Amerilangui Ujin Narsiin Khundlen Mongolia 5,200 TMR Ltd Offshore dredges Indonesia 5,000 Metal
Slide 8: Great location - multiple deposits
For personal use only Great location - multiple deposits 60% of Heemskirk plus 100% of St Dizier tin deposits Significant mining district Easy access to water & power Sealed road between both deposits Rail & road connect to Burnie port 18 km from Renison tin mine Yunnan Tin Group incre
Slide 9: 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 Deposit
Slide 10: High grade relative to project peers
High grade relative to project peers For personal use only Grade % Source: MetalsX Million Tonnes 10
Slide 11: Scoping study greenlight
For personal use only Scoping study greenlight Internal rate of return of 21% & 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 thro
Slide 12: Competitive cost structure
For personal use only Competitive cost structure Current tin price & marginal cost of production US$25,000/t Heemskirk US$12,780/t Existing production Major new projects 12 Cash cost estimates are provisional and used with permission from a forthcoming ITRI report.
Slide 13: Excellent exploration potential
For personal use only Excellent exploration potential 13
Slide 14: Severn Long Section
For personal use only Severn Long Section 14
Slide 15: Renison's numerous blind deposits
For personal use only Renison’s numerous blind deposits 15 Source: MetalsX
Slide 16: Positive Metallurgy
For personal use only Positive Metallurgy Traditional high-sulphide 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 Good liberation characteristics down to finer fr
Slide 17: Feasibility Program
For personal use only Feasibility Program Indicative Timing 2012 2013 Dec Jan Feb 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 Prefeasib
Slide 18: How does Heemskirk compare?
For personal use only How does Heemskirk compare? Advanced tin project Positive scoping study outcome adds momentum Highest grade tin project with JORC resource Metallurgical testing on-going with positive outcomes Excellent exploration potential around known deposits Project located nea
Slide 19: Disclaimer
For personal use only Disclaimer Forward Looking Statement 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 20: Stellar Resources Limited
Stellar Resources Limited Level 7 Exchange Tower, 530 Lt. Collins Street For personal use only Melbourne VIC 3000 Phone +61 3 9909 7618 Fax +61 3 9909 7621 www.stellarresources.com.au