Stellar Resources Limited · ASX:SRZ
Stellar Resources — Investor Presentation (October 2024)
25 slides from Stellar Resources's investor presentation, Oct 14, 2024
Slide 1: Australia's Next Tin Producer
For personal use only Australia’s Next Tin Producer Critical Mineral essential for the electrification of the planet Investor Presentation October 2024 ASX:SRZ
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Stellar Resources Limited (ASX: SRZ) (SRZ or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be complete. Thi
Slide 3: Cautionary Statement
Cautionary Statement Scoping Study Parameters For personal use only The Scoping Study referred to in this announcement has been undertaken for the purpose of ascertaining whether a business case can be made to proceed to more definitive studies on the viability of the Heemskirk Tin Project. It is a
Slide 4: Investment Summary
Investment Project to be supplied by Summary 100% Renewable Energy via 5 hydro power stations and Granville Harbour wind farm within 30km. 100% owned Heemskirk Tin Project, For personal use only highest grade undeveloped tin project in Australia and third globally. Excellent location & infrastructur
Slide 5: Corporate Snapshot
Corporate Snapshot $12.3M $43.5M Board Mark Connelly NON -EXECUTIVE CHAIR | ACCOUNTANT CASH MARKET CAP (Fully Diluted) +30 years in mining, experienced listed-company Chair and wealth of leadership experience in 30 August 2024 Cash from options $5.5m the resources industry. Mr Connelly has an outsta
Slide 6: Heemskirk Tin Project: Strategically Located
Heemskirk Tin Project Strategically Located Stellar 100% Owned Tin Projects For personal use only Heemskirk Tin Project Severn, Queen Hill, Montana & Oonah Tin Deposits & St Dizier Satellite Tin Project ✓ Secure Tenure – granted MLs over Heemskirk deposits, tailings pipeline, tailings storage and St
Slide 7: Heemskirk Mineral Resource Estimate
Heemskirk Mineral Resource Estimate Sept 2023 Update Resource Tonnes Sn Contained Cassiterite % of Cu Pb Zn Classification Deposit Date (Mt) (%) Sn (t) Total Sn (%) (%) (%) (%) For personal use only Upper Queen Hill 2023 0.37 1.07 3,991 88 0.14 1.84 0.72 Indicated Lower Queen Hill 2023 0.81 1.30 10,
Slide 8: Benchmarking the Heemskirk Tin Project
Benchmarking the Heemskirk Tin Project Grade Advantage Heemskirk is the For personal use only highest-grade undeveloped tin resource in Australia & 3rd highest globally Tin Grade % All Heemskirk deposits open at depth and include higher grade zones Stellar Resources | Corporate Presentation | Octobe
Slide 9: Updated Scoping Study: Robust Economics
Updated Scoping Study Robust Economics Base Case (pre-tax) at US$28,000/t tin Conceptual Mine Plan For personal use only 12 year 350kt +22kt Initial Average Annual LOM Tin in Mine Life Production Concentrate A$71M A$122M 33% Capex NPV8% IRR Stellar Resources | Corporate Presentation | October 2024 9
Slide 10: Updated Scoping Study: Project Parameters
Updated Scoping Study Project Parameters Proposed Heemskirk Tin Processing Plant For personal use only ✓ Underground mining of Queen Hill and Severn deposits for first 12 years ✓ On-site processing plant, tailings storage and surface infrastructure ✓ Tin concentrate trucked to Port of Burnie ROAD FR
Slide 11: Prefeasibility Study Commenced
Prefeasibility Study Commenced Significant Additional Upside Potential Prefeasibility Study – targeting 2H 2025 completion 2023 Mineral Resource Utilisation For personal use only - Several optimisations being evaluated including Mining Rate, Ore Sorting, Plant Size 7,500 Re-classification of large I
Slide 12: Ore Sorting, early PFS workstream
Ore Sorting, early PFS workstream Ore feed ✓ Ability to remove low grade at 1.27% Sn For personal use only material from Process Plant. 1 2 ✓ Increases grade into plant, lowering cut-off grade. ✓ Lower grades become economic-offsetting any ore losses. Stellar Resources | Corporate Presentation | Oct
Slide 13: Heemskirk Tin Project: Severn Deposit
Heemskirk Tin Project Severn Deposit ✓ Severn is the largest deposit with a strike length of over 500m and is open at depth and along strike. For personal use only ZS162 ✓ Geophysics and detailed geological modelling underway to ZS148 assist in drill targeting to increase Indicated resource tonnes a
Slide 14: 9,500m Drill Program Underway
9,500m Drill Program Underway Resource & PFS Work Programs Diamond Rig at Severn Deposit ✓ Infill and extensional drill program commenced with three For personal use only diamond drill rigs on site completing 24-holes for 9,500m. ✓ Program designed to make Heemskirk development ready by providing cr
Slide 15: Heemskirk Tin Project Development Pathway
Heemskirk Tin Project Development Pathway 24/25 Updated Mineral Resource Estimate For personal use only Completed Pre-Feasibility Metallurgical Study 2H 2025 Scoping Study refresh testwork with Sept 23 MRE completed DHEM to identify additional targets Stellar Resources | Corporate Presentation | Oct
Slide 16: Energy transition to drive tin demand
Energy transition To drive tin demand exponentially TIN For personal use only No. 1 metal most Tin ranked as the No.1 metal best placed to impacted by new benefit from new technology. technology Source: MIT; Rio Tinto, 2018; ITA Currently ~50% of all tin is used as solder in electronics. Solder is t
Slide 17: Global Tin Supply Falling
Global Tin 2023 Tin Concentrate Production 2023 Refined Tin Production Supply Falling China Country China Production (t) 69,500 Country China Production (t) 177,000 Indonesia 59,573 Indonesia 68,710 For personal use only Myanmar 39,900 Peru 25,287 Indonesia Peru 26,231 Malaysia 20,722 Brazil 21,793
Slide 18: Extensive Deficits Forecast
Extensive Deficits Future Global Tin Market Forecast Consistent Shortfalls 10,000 Source: Macquarie Bank research | Reuters, February 2024 Tin Market is ✓ Tin is expected to be in deficit for expected to For personal use only years to come. Metric Tonnes of Refined Tin 8,000 7,000 swing to a 5,000 6
Slide 19: Why Invest
Why Invest 100% owned Heemskirk Tin Project highest grade undeveloped tin project in Australia For personal use only and third globally. Excellent location & infrastructure, granted ML’s, 100% renewable energy, access to world markets. 2024 Updated Scoping Study demonstrated robust economics. Stella
Slide 20: Contact Us
For personal use only Contact Us Simon Taylor Managing Director E: [email protected] M: +61 409 367 460 Jason Mack White Noise Communications E: [email protected] M: +61 410 611 709 ASX: SRZ
Slide 21: Appendix – 2024 Scoping Study
Appendix 1 – 2024 Scoping Study Summary of Technical and Financial Parameters Capital Cost Summary Unit Total LOM (A$M) (US$M) For personal use only Mining 11 7 Ore Production (kt) 3,894 Processing & Surface Infrastructure 40 27 Sn Grade (LOM Ave) (%) 0.78 Tailings 6 4 Tin Recovery (LOM Ave) (%) 75
Slide 22: Appendix – Benchmarking Assumptions
Appendix 2 – Heemskirk Tin Project Benchmarking Assumptions As of 23 July 2024 Measured Indicated Total Resourc Resource Measured Indicated Contained Contained Resource Project Tonnes Grade Tonnes Grade e Contained Resource in Resource in Company Project Country Source Date Products Tin Tin Tonnes S
Slide 23: Appendix – Tin a Critical Technology Metal
Appendix 3 – Tin a Critical Technology Metal For personal use only Tin demand from the energy transition and increased electrification Stellar Resources | Corporate Presentation | October 2024 Source: Bloomberg NEF, Rho Motion, Macquarie Strategy, September 2023 ASX:SRZ | 23
Slide 24: North Scamander Project: High-Grade Discovery
North Scamander Project High-Grade Discovery • Located in the Scamander Mineral Field in Northeast Tasmania. For personal use only • Numerous high-priority drill ready targets including North Scamander and Pinnacles. • Stream sediment and soil Geochem returned significant rock-chip results up to 1.1
Slide 25: North Scamander Project: High-Grade Discovery
North Scamander Project High-Grade Discovery • Exploration drill hole (NSD005) returned a significant new high-grade Ag-Sn-Zn-Pb-In polymetallic For personal use only discovery. • 32.0m @ 141 g/t Ag, 0.34% Sn, 3.8% Zn, 2.0% Pb, 77 g/t In, 19 g/t Ga from 130.0m inc. o 5.0m @ 495 g/t Ag, 1.04% Sn, 5.2
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