Stellar Resources Uncovers New High-Grade Tin Lode at Heemskirk’s Severn Deposit

Stellar Resources Limited ( (AU:SRZ) ) has shared an announcement.

Stellar Resources has reported new high-grade tin intercepts from wedge hole ZS187W2B at the Severn deposit, including several significant mineralised zones and the discovery of a new lode about 60 metres below the existing resource model. The results support ongoing efforts to convert Inferred to Indicated resources and expand the 2023 Mineral Resource Estimate as part of the Heemskirk Tin Project, where total contained tin resources now exceed 100,000 tonnes across Heemskirk and St Dizier.

The company expects an updated Severn resource and completion of a prefeasibility study in the second quarter of 2026, with additional drilling under way to maximise the resource base used in the study. With spot tin prices trading near record highs above US$50,000 a tonne and global supply tightening, the new discovery and resource growth strengthen Heemskirk’s strategic position as a tier-one, unencumbered offtake tin project in a stable jurisdiction, enhancing its appeal to investors and potential offtakers.

The most recent analyst rating on (AU:SRZ) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Stellar Resources Limited stock, see the AU:SRZ Stock Forecast page.

More about Stellar Resources Limited

Stellar Resources Limited is an Australian exploration and development company focused on tin, with its flagship Heemskirk Tin Project in Tasmania and the nearby St Dizier satellite deposit. The project is positioned as the highest-grade undeveloped tin asset in Australia and one of the highest-grade globally, targeting growing demand amid tightening global tin supply and strong prices.

Average Trading Volume: 8,414,631

Technical Sentiment Signal: Buy

Current Market Cap: A$108.5M

See more data about SRZ stock on TipRanks’ Stock Analysis page.