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Stellar Resources Limited ( (AU:SRZ) ) has provided an announcement.
Stellar Resources Limited has reported a significant high-grade tin intersection at the Queen Hill deposit, part of its Heemskirk project. The intersection, wider than previous resource models, indicates potential for increased resource conversion and production. The ongoing drilling program, part of a Prefeasibility Study, aims to update resource estimates, with plans to boost production well beyond initial scoping study projections. This development positions Stellar favorably in the tin market, promising enhanced productivity and resource expansion.
More about Stellar Resources Limited
Stellar Resources Limited operates in the mining industry, focusing on tin exploration and production. The company is engaged in developing the Heemskirk Tin Project, aiming to enhance its resource base and increase metal production.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $19.51M
See more insights into SRZ stock on TipRanks’ Stock Analysis page.
