Stellar Resources Limited ( (AU:SRZ) ) has shared an announcement.
Stellar Resources Limited has announced the discovery of a new high-grade tin zone at its Queen Hill deposit, part of the Heemskirk Tin Project in Western Tasmania. This discovery, located 75 meters below the existing mineral resource estimate, includes significant intersections of tin mineralization, suggesting potential for resource expansion. The results from the ongoing drilling program, which includes 17 completed holes, are encouraging for the company’s goal of increasing tin production. The discovery supports Stellar’s strategy to enhance its resource base and improve its market positioning in the tin industry.
More about Stellar Resources Limited
Stellar Resources Limited is a company focused on the mining industry, specifically engaged in the exploration and development of tin resources. The company is primarily focused on its Heemskirk Tin Project in Western Tasmania, aiming to become a significant producer of tin.
Technical Sentiment Signal: Sell
Current Market Cap: $22.5M
For detailed information about SRZ stock, go to TipRanks’ Stock Analysis page.