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Stellar Resources Limited ( (AU:SRZ) ) just unveiled an announcement.
Stellar Resources Limited announced positive metallurgical results from its Severn Deposit within the Heemskirk Tin Project, indicating strong tin recoveries and high-grade, low-impurity concentrates. The results, overseen by a former Chief Metallurgist from a nearby tin mine, suggest a robust process flowsheet and potential commercial advantages due to low smelter penalties. The company has initiated preliminary discussions with potential offtake partners, highlighting the project’s strategic advantage in a tightening global tin market.
More about Stellar Resources Limited
Stellar Resources Limited operates in the mining industry, focusing on tin extraction and production. The company is primarily engaged in the development of the Heemskirk Tin Project in Western Tasmania, which is known for its high-grade, low-impurity tin deposits.
YTD Price Performance: 75.00%
Average Trading Volume: 5,540,520
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$75.8M
Learn more about SRZ stock on TipRanks’ Stock Analysis page.