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Stellar Resources Limited (ASX:SRZ)

ALERT: Price-sensitive ASX Announcement for SRZ
Current share price for SRZ : $0.395 0.36 (1,028.57%)+
Announcement
Release
19 May 2026 9:22AM
Price at Release
$0.035
Full Release
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Summary
Stellar Resources Limited announced significant progress in its tin exploration efforts at Montana and Severn within the Heemskirk Tin Project in Western Tasmania. The Montana deposit, adjacent to Queen Hill and Severn, has an inferred resource containing 0.7Mt at 1.54% Sn. Successful drilling intersected high-grade tin, warranting further exploration to consider the deposit for a definitive feasibility study (DFS). At Severn, drill holes ZS187W2C and ZS191 showed promising results with significant tin mineralisation, including several high-grade zones. Stellar aims to advance its Heemskirk project, recognised as the highest-grade undeveloped tin resource in Australia.
Key Points
  • Inferred Mineral Resource of 0.7Mt @ 1.54% Sn at Montana adjacent to Queen Hill and Severn Deposits.
  • Successful drilling at Montana with high-grade tin intersected, including 4.7m @ 1.29% Sn.
  • Further drilling planned at Montana to incorporate deposit in a subsequent DFS.
  • Severn drill holes ZS187W2C and ZS191 intersected significant tin mineralisation.
  • Hole ZS187W2C intersected 34.8m @ 0.47% Sn including high-grade zones.
  • Hole ZS191 intersected multiple zones of high-grade tin, including 4m @ 1.78% Sn.
  • Stellar Resources Limited aims to progress Heemskirk Tin Project in Western Tasmania.
  • Heemskirk Tin Project is the highest-grade undeveloped tin resource in Australia.
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.