(NewsDirect)
Stellar Resources Ltd (ASX:SRZ) executive chairman and CEO SimonTaylor joins Proactive’s Jonathan Jackson to discuss the company’sambitions to become Australia's next tin producer, leveraging theHeemskirk Tin Project in Tasmania, renowned as the highest-gradeundeveloped tin site in Australia and ranking third globally. The 2019scoping study underscored the project's robust economics, withongoing updates to enhance the mineral resources estimate. Heemskirkboasts a resource estimate of 7.48 million tonnes at 1.04% tin, whilethe Severn deposit, the project’s largest, shows promising expansionpotential. Recent infill drilling at Severn yielded impressiveresults, including 36.6 metres at 1.07% tin. Additionally, the nearbySt Dizier Satellite Project adds to Stellar’s tin portfolio with anindicated mineral resource estimate. Stellar is poised for growth,capitalising on a global tin supply shortage, with the metal'sdemand set to soar due to its essential role in electronics, renewableenergy, and new technologies. The company anticipates that updatedeconomic studies will reflect improved metrics and a higher proportionof resources in the indicated category, possibly lowering initialcapital costs. With global tin production facing uncertainties,Stellar strategically placed to address the market’s deficit,especially given tin’s pivotal role in the technology and greensectors.
ContactDetails
Proactive Investors
JonathanJackson
+61 413 713 744
jonathan@proactiveinvestors.com
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