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An update from Stellar Resources Limited ( (AU:SRZ) ) is now available.
Stellar Resources has reported significantly improved metallurgical testwork results for the Queen Hill deposit at its Heemskirk Tin Project in Tasmania, showing a clear path to tin recoveries above 70% versus earlier studies at about 62.7%. The upgraded flowsheet, incorporating ore sorting, gravity regrind and magnetic separation, is delivering higher recoveries, upgraded mill feed and saleable concentrates grading 42–49% tin, while also cutting energy, reagent use and environmental footprint.
These improvements, together with earlier strong results at the Severn deposit indicating potential recoveries around 75% with 45–50% tin concentrate, will be integrated into the project’s ongoing prefeasibility study and cost estimates. With Queen Hill scheduled early in the mine life and resource drilling at Severn nearing completion ahead of an updated mineral resource in the June quarter, the enhanced processing performance is expected to strengthen project economics and underpin preliminary offtake discussions for high-payability tin concentrate.
More about Stellar Resources Limited
Stellar Resources Limited is an Australian tin exploration and development company focused on advancing its Heemskirk Tin Project in western Tasmania. The project targets low-sulphide, low-impurity tin orebodies such as Queen Hill and Severn, aiming to produce clean, high-payability tin concentrate for smelters in a Tier-1, renewable energy-supported jurisdiction.
Average Trading Volume: 7,593,070
Technical Sentiment Signal: Buy
Current Market Cap: A$92.25M
Learn more about SRZ stock on TipRanks’ Stock Analysis page.