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The latest update is out from Stellar Resources Limited ( (AU:SRZ) ).
Stellar Resources Limited has made significant progress in its Heemskirk Tin Project, with ongoing prefeasibility studies and successful drilling results that indicate potential resource expansion. The company has completed a 9,500m diamond drilling program and is extending it further due to promising outcomes. Large-scale ore sorting trials have shown the potential to increase tin head grade and reduce processing costs, supporting the inclusion of ore sorting in the prefeasibility study. Additionally, the company has extended a Memorandum of Understanding for the Comstock site and signed a new MOU with the Avebury Nickel Mine and Plant. In the East Renison Project, historical sampling has identified a substantial mineralized zone, and the company has received grant funding for further exploration.
More about Stellar Resources Limited
Stellar Resources Limited is a company operating in the mining industry, primarily focused on tin exploration and development. The company’s key project is the Heemskirk Tin Project, which is located in Tasmania, Australia. Stellar Resources is working on expanding its mineral resources and optimizing its processing strategies to enhance its market position.
Average Trading Volume: 3,940,973
Technical Sentiment Signal: Buy
Current Market Cap: A$65.99M
See more data about SRZ stock on TipRanks’ Stock Analysis page.