Announcement Date: 2022-03-23
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Stellar Resources Ltd.
Project name: Heemskirk
Location: Australia
Commodities: Tin
Highlight: Drilling results incl. 8.4m @ 0.73% Sn from 650.7m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Stellar Resources Limited (ASX: SRZ, “Stellar” or the “Company”) is pleased to report assay results from the Severn wedge hole (ZS143W), along with results from holes ZO144 and ZW145 completed as part of the Phase 1 Drilling Program at the Company’s flagship Heemskirk Tin Project in Tasmania. The ZS143W results demonstrate continuity of tin mineralisation between the bottom of the Severn Inferred Resource1 (approximately 70m above) and similar tin intercepts in parent hole ZS1437 (approximately 30m below). The dip of the Severn deposit appears to flatten around the position of drillhole ZS143W, which also occurs further to the South. Results from all 3 Phase 1 holes at Severn (ZS143W, ZS143 and ZS140) successfully demonstrate continuation of the tin system at depth confirming potential to significantly expand the Severn resource which remains open at depth and along strike. A more detailed table of the ZS143 significant intercepts, including all intercepts >0.2% Sn over >1.0m length and analysis for other elements, is provided in Appendix 2.
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