Heemskirk Tin Project - Tasmania Tim Callaghan Geology and Resources September 2013 www.stellarresources.com.au ASX: SRZ.

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Presentation transcript:

Heemskirk Tin Project - Tasmania Tim Callaghan Geology and Resources September ASX: SRZ

Location 100% owned Heemskirk tin project Queen Hill Severn Montana 100% owned St Dizier tin deposit Significant mining district Historic alluvial and hard rock Sn Historic Ag-Pb-Zn Field 2

Zeehan Mineral Field History Frank Long discovered Silver-Lead at New Mt Zeehan Mine 1883 to 1912 most major deposits discovered Intense mining activity to 1912, many mines closed by 1914 Production 1890 – ,883t of Silver-Lead ore Tribute mining in old workings continued until 1960’s Post WW2 minor production from New Montana-Zeehan Western until 1958 and Oceana until 1960 Tin-copper production from Oonah Mine (15-20,000t) Minor cassiterite noted at Queen Hill 1937

Zeehan Mineral Field History 4 Placer then Gippsland commenced Modern Exploration in the mid 1960’s Queen Hill Tin Deposits first Intersected in Aberfoyle – Gippsland JV saw intensive exploration until RL5/1997 acquired by Stellar Resources and commenced exploration in 2010 PFS completed July 2013.

Regional Geology 5

6

7

8

9 Stratigraphic-Structural Setting

10 Metal Zonation

11 Metal Zonation

12 Metal Zonation

13 Metal Zonation

14 Metal Zonation

15 Metal Zonation

16 Metal Zonation Queen Hill Resource by Level (cut off Sn > 0.6%) LevelMTonnesSn %Sol Sn ppmCu ppmPb ppmZn ppmAg ppmS % Above 1100mRL Below 1100mRL Total Severn  Coarse cassiterite in quartz-siderite-pyrite stockwork Queen Hill  Fine Cassiterite in massive pyrite-pyrrhotite-siderite-quartz  Strongly zoned with increased stannite and basemetal sulphides at higher RLs

PFS technical and cost summary 17

PFS underground mine plan 18 Queen Hill Long Hole Stoping Montana Long Hole Stoping Severn Drift & Fill Severn Long Hole Stoping

What is ahead over next 12 months 19

Disclaimer Forward Looking Statement This presentation may contain a number of forward-looking statements. Known and unknown risks and uncertainties, and factors outside of Stellar’s control, may cause the actual results, performance and achievements of Stellar to differ materially from those expressed or implied in this presentation. To the maximum extent permitted by law and stock exchange listing rules, Stellar does not warrant the accuracy, currency or completeness of the information in this presentation, nor the future performance of Stellar, and will not be responsible for any loss or damage arising from the use of the information. Competent Persons Statement – Heemskirk Mineral Resource The information in this presentation that relates to Mineral Resources was prepared in accordance with the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (“JORC Code”) by Tim Callaghan of Resource and Exploration geology, who is a Member of The Australian Institute of Mining and Metallurgy (“AusIMM”), has a minimum of five years experience in the estimation and assessment and evaluation of Mineral Resources of this style and is the Competent Person as defined in the JORC Code. This presentation accurately summarises and fairly reports his estimations and he has consented to the resource report in the form and context it appears. Competent Persons Statement – Heemskirk Mining Inventory The information in this presentation that relates to Mining Inventory is based on information reviewed by Phil Bremner, who is a Fellow of The Australasian Institute of Mining and Metallurgy. Mr Bremner is an employee of Mining One Consultants Pty Ltd. Mr Bremner has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC code). Mr Bremner consents to the inclusion in the presentation of the matters based on his information in the form and context in which it appears. Competent Persons Statement – Exploration The drill and exploration results reported herein, insofar as they relate to mineralisation, are based on information compiled by Mr R.K. Hazeldene who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Hazeldene has sufficient experience relevant to the style of mineralisation and type of deposits being considered to qualify as a Competent Person as defined by the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code, 2004 Edition). Mr Hazeldene consents to the inclusion in the presentation of the matters based on his information in the form and context in which it appears. 20

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