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Stellar Resources Limited ( (AU:SRZ) ) has issued an update.
Stellar Resources Limited has announced promising drilling results from the Queen Hill deposit at its Heemskirk Tin Project, indicating high-grade tin mineralization. The recent findings suggest potential for resource expansion and conversion from Inferred to Indicated material, which could enhance the project’s value. The company is conducting a comprehensive drilling campaign to update its Mineral Resource Estimate, with the goal of increasing its tin production capacity significantly in the future.
More about Stellar Resources Limited
Stellar Resources Limited is a company operating in the mining industry, primarily focused on tin exploration and production. The company is engaged in the Heemskirk Tin Project located in Western Tasmania, aiming to become a significant producer of payable tin over the coming years.
Technical Sentiment Signal: Sell
Current Market Cap: $22.79M
For an in-depth examination of SRZ stock, go to TipRanks’ Stock Analysis page.