Stelar Metals Limited (AU:SLB) has released an update.
Stelar Metals Limited has reported promising results from its initial sampling at the Lone Pine Prospect, with copper assays reaching up to 12.7% and a majority of samples showing over 5% copper content. Located near the historic Baratta Copper Mine, Lone Pine shares similar geological features with the world-renowned Central African Copper Belt, indicating significant potential for sediment-hosted copper mineralisation. The findings bolster the prospectivity of the Baratta Project area within South Australia, a region already noted for its substantial copper resources.
For further insights into AU:SLB stock, check out TipRanks’ Stock Analysis page.
