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Stelar Metals Limited (ASX:SLB)

ALERT: Price-sensitive ASX Announcement for SLB
Current share price for SLB : $0.200 0.125 (166.67%)+
Announcement
Release
5 Feb 2026 10:19AM
Price at Release
$0.075
Full Release
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Summary
Stelar Metals Limited has reported high-grade silver assays up to 211 g/t Ag at the Lone Pine Prospect, part of its Baratta Project in South Australia. The project is considered highly prospective for Sediment-hosted Stratabound Copper (SSC) and silver mineralization, with similarities to the Central African Copper Belt and the silver-rich Central European Kupferschiefer deposits. The geological setting includes NeoProterozoic sediments influenced by salt-diapirism and hydromorphic processes. The Baratta Project's increased economic potential is supported by growing silver demand and rising commodity prices. Stelar Metals plans further exploration to assess the high-silver SSC system potential, including extended mapping and sampling, focusing on the silver potential between Lone Pine and Baratta.
Key Points
  • High-grade silver assays up to 211 g/t Ag reported at Lone Pine Prospect.
  • Baratta Project is highly prospective for SSC and silver mineralization.
  • Project compared to Central African Copper Belt and Kupferschiefer deposits.
  • Geological setting involves NeoProterozoic sediments and salt-diapirism.
  • Increased silver demand and commodity prices enhance economic potential.
  • Further exploration to focus on high-silver SSC system potential.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.