Stellar Resources Limited Quarterly Report Highlights Progress on Heemskirk Tin Project.

Stellar Resources Limited (ASX: SRZ) has made significant progress on the Heemskirk Tin Project during the December 2024 quarter. The Prefeasibility Study (PFS) activities are advancing well, supported by strong results from the updated Scoping Study. Highlights include an accelerated 24-hole, 9,500-meter diamond drilling program, with 11 holes completed, showcasing record high-grade tin intersections at the Severn and Queen Hill deposits. The project remains the highest-grade undeveloped tin resource in Australia, with a Mineral Resource Estimate of 7.48Mt at 1.04% Sn.

Additionally, the company signed an MOU for nearby Comstock infrastructure, further boosting project feasibility. Stellar’s financial position remains robust with AU$9.9 million in cash. Despite a slight decrease in tin prices during the quarter, the company is optimistic about the project's economic potential. Managing Director Simon Taylor emphasized the ongoing commitment to advancing Heemskirk toward production-ready status.

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