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Stellar Resources Limited ( (AU:SRZ) ) has shared an announcement.
Stellar Resources reported strong progress in the March quarter on its Heemskirk Tin Project prefeasibility study, underpinned by resource drilling, metallurgical work and assessment of nearby mine infrastructure. An updated Mineral Resource Estimate at the Queen Hill deposit, using a lower cut-off grade, delivered a 41% increase in total resources and a 46% rise in indicated resources, lifting Queen Hill to 4.11 Mt at 0.85% tin.
Across the broader Heemskirk project, total resources rose to 9.5 Mt at 0.93% tin for 88,100 tonnes of contained metal, pushing Stellar’s combined Heemskirk and St Dizier mineral inventory above 100,000 tonnes of contained tin. Results from an expanded infill and extensional diamond drilling program at the Severn deposit, including discovery of a new high-grade zone below the existing resource model, point to further growth potential and support Stellar’s strategy of scaling into a major tin producer.
More about Stellar Resources Limited
Stellar Resources Limited is an ASX-listed exploration and development company focused on tin, with its flagship Heemskirk Tin Project in Tasmania. The company aims to advance Heemskirk to development-ready status and position itself as a potential top 10 global tin producer, supported by satellite assets such as the nearby St Dizier deposit.
Average Trading Volume: 7,612,936
Technical Sentiment Signal: Buy
Current Market Cap: A$86.82M
Find detailed analytics on SRZ stock on TipRanks’ Stock Analysis page.