SRZ
Live News • Jul 03
Stellar Resources Reports 64% Severn Upgrade at Heemskirk Tin Project, Study Due 2026 Stellar Resources reported a 64% upgrade to the Total Mineral Resource at its Severn tin deposit, to 8.54 Mt at 0.82% Sn for 70,002 tonnes of contained tin, lifting the overall Heemskirk Tin Project resource to 13.36 Mt at 0.86% Sn and describing it as Australia’s highest grade undeveloped tin project, with a Prefeasibility Study targeted for the second half of 2026.
The larger resource base at Heemskirk may influence future project economics and funding options, given the focus on tin and the project’s classification as undeveloped and high grade.
Stellar Resources shares last traded at A$0.03, with the stock up 10.3% over the past day.
This resource update puts more weight on the upcoming Prefeasibility Study, with project execution, funding, and tin price volatility remaining key risks to how much value the upgrade ultimately adds. Announcement • Jul 02
Stellar Resources Provides Update on Heemskirk Tin Project Stellar Resources Limited announced a significant update to the Mineral Resource Estimate (MRE) at its flagship Heemskirk Tin Project in the tier-1 mining jurisdiction of Western Tasmania. The updated MRE features a 64% increase in the Total Mineral Resource at the Severn deposit, reaching 8.54Mt at 0.82% Sn for 70,002 tonnes of contained tin. This pivotal upgrade brings the total Heemskirk Tin Project Resource to 13.36Mt at 0.86% Sn, representing 115.3kt of contained tin. A major highlight is the 125% increase in the Indicated Resource category, which now stands at 6.05Mt at 0.84% Sn for 50,739 tonnes of contained tin. Consequently, Heemskirk remains the highest-grade undeveloped tin project in Australia and ranks third highest globally among peer projects. Across its combined assets, including the nearby St Dizier deposit, Stellar’s Total Resource Base now exceeds 129kt of contained tin. This latest Severn upgrade follows the recent 2026 MRE update for the adjacent Queen Hill deposit, which delivered a 25% increase in contained tonnes and a 32% increase in contained tin. Stellar is advancing its Prefeasibility Study (PFS), anticipated for completion in Second Half 2026. This significant milestone follows a recent $17 million cornerstone investment from Metals X Limited. Metals X, Australia's largest tin producer and 50% owner of the nearby Renison Tin Mine, stepped in as a 16.4% strategic shareholder in Stellar Resources, providing further validation of Heemskirk's tier-1 potential. With two drill rigs continuing to test immediate growth targets, Stellar Resources is exceptionally well-positioned to capitalise on the structural supply deficits currently driving the global tin market. Announcement • May 08
Stellar Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 22.1 million. Stellar Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 22.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 515,151,515
Price\Range: AUD 0.033
Discount Per Security: AUD 0.00198
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 154,545,455
Price\Range: AUD 0.033
Discount Per Security: AUD 0.00198
Transaction Features: Subsequent Direct Listing 
