Announcement Date: 2022-11-14
Announcement Type: Exploration Update
Announcement Code: JORC
Company name: Stelar Metals limited
Project name: Linda
Location: Australia
Commodities: Zinc
Highlight: Rock chip assay results up to 42% Zn
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Critical minerals explorer Stelar Metals Limited (ASX:SLB) (“Stelar Metals” or the “Company”) has received multiple new laboratory assays confirming high-grade zinc mineralisation on the surface at its 100%-owned Linda Zinc Project in South Australia. Stelar has five projects that are 100% owned by Stelar Metals and are located in South Australia’s premier world class exploration and mining district (Figure 7). Multiple high-grade rock-chip samples assaying in laboratory up to 42% zinc (sample 3006) were collected by Stelar from outcrops across the Linda Prospect and the area to the west of Linda where outcrops responded positively to the presence of high-grade zinc using a wet-chemical zinc-zap test (Figure 1). A high proportion (21 out of 46 total) of samples collected during the recent surface rock chip sampling program assayed over 1% zinc reflecting the significant distribution of zinc mineralisation at Linda.
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