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Stellar Resources Ltd.
Summary
| Project: | Heemskirk | |
|---|---|---|
| Deposit: | Lower Queen Hill | |
| Location: | Australia | |
| Commodities: | Tin-Copper-Lead-Zinc | |
| Date: | 5/30/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-5-2017: Stellar Resources Ltd. announces an Exploration/Drilling Update report for its Lower Queen Hill deposit at the Heemskirk project. Drilling results incl. 6m @ 0.84% Sn from 209m. Stellar Resources Limited (ASX: SRZ, “Stellar” or the “Company”) i | |
| Resources: | (Resource, I+I): 6.4Mt @ 1.13% Sn at project | |
| CP/QP: | [Overall Report]: R. Z. Hazeldene (Internal) | |
| ABSTRACT: | Stellar Resources Limited (ASX: SRZ, “Stellar” or the “Company”) is pleased to announce a significant drill intersection for ZQ133, the first of nine diamond drill holes targeting the LQH deposit. Managing Director Peter Blight said “The first of the LQH holes has delivered a successful intersection validating the resource model. As the program progresses the potential to increase the LQH Indicated Resource and extend the resource boundary laterally will be tested.” “Stellar has also engaged a second diamond drilling rig to test the Severn deposit. I am pleased to say that the rig is well advanced on the first of two holes that will test geological structure within the Severn Tin mineralisation. The results of these holes could assist in optimising the subsequent drill-out program for the upper part of Severn” he added. The next hole at LQH, ZQ134, is collared 70m to the northwest of ZQ133 and will also test the northern edge of the resource envelope. The hole is currently 40% complete and drilling through Oonah Black Shales. Stellar has engaged a second diamond drilling rig to target the Severn deposit. The rig is well advanced on the first of two holes designed to test the relationship between geological structure and tin grade. Once these holes are complete, a drill-out of the Upper Severn resource will commence. | |
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