Announcement Date: 2022-07-27
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Stellar Resources Ltd.
Project name: Heemskirk
Location: Australia
Commodities: Silver,Copper,Lead,Tin,Zinc
Highlight: Drilling results incl. 36.6m @ 1.07% Sn, 0.19% Cu, 0.02% Pb, 0.02% Zn, 6.7g/t Ag from 471.5m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Tasmanian-focused tin explorer, Stellar Resources Limited (ASX: SRZ, “Stellar” or “the Company”), is pleased to report assay results from Severn drillholes ZS150 and ZS151 at the Company’s flagship Heemskirk Tin Project in Tasmania. Outstanding assay results received from ZS150, the third infill hole completed this year targeting an expansion of the Severn Indicated Mineral Resource, surpassing recently announced hole ZS1481 as the second-best significant intercept ever recorded at Severn on a grade * thickness basis (Sn%*m). The intercept for ZS150 is shown in Table 1, with further details including analysis for other elements provided in Appendix 2. Assay results from ZS151, the fourth infill hole completed this year targeting an expansion of the Severn Indicated Mineral Resource, returned the second-widest significant intercept ever recorded at Severn. The significant intercepts for ZS151 are shown in Table 2, with further details including analysis for other elements provided in Appendix 2. Along with recently announced hole ZS1481 , ZS150 and ZS151 are significantly thicker than indicated by the current Mineral Resource model and further highlight a north-plunging, high tin grade * thickness (Sn%*m) zone in the northern part of the Severn deposit extending for ~200m down dip and ~50m along strike between cross sections 3,750N and 3,800N as shown on the Severn Long Section (Figure 1) and on cross section 7,775N (Figure 2).
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