Stellar Resources confirms robust Heemskirk Tin Project with updated scoping study

Proactive - Interviews for investors

Stellar Resources Ltd (ASX:SRZ, OTC:SLROF) executive chairman Simon Taylor joins Proactive’s Tylah Tully to discuss an updated scoping study for the 100%-owned Heemskirk Tin Project near Zeehan in Western Tasmania, which highlights strong economic potential and supports the initiation of a pre-feasibility study (PFS). The study confirms the project’s potential to deliver solid financial returns over a 12-year mine life, with an average annual production rate of 350,000 tonnes, generating 22,818 tonnes of tin concentrate. Key financial outcomes include a base case pre-tax NPV8% of A$122 million and pre-tax IRR of 33% at a tin price of US$28,000 per tonne, with potential to increase to A$190 million NPV8% and 46% IRR at a higher spot price of US$32,000 per tonne. The project benefits from a low all-in-sustaining-cost (AISC) of ~US$18,260 per tonne of recovered tin and requires a capital investment of approximately A$71 million. The scoping study also emphasises the project's low environmental impact due to its underground mining approach and the use of 100% renewable power. Stellar Resources is now progressing a PFS which is expected to be completed by the second half of 2025. #Proactiveinvestors #StellarResources #ASX #HeemskirkTinProject #TinMining #MiningEconomics #WesternTasmania #RenewableEnergy #MiningIndustry #PreFeasibilityStudy #TinConcentrate #MineralResource #SustainableMining #EnvironmentalImpact #MiningDevelopment #MiningFinance #InvestmentOpportunity #MetalPrices #UndergroundMining #ResourceEstimation #MiningProjects #AustraliaMining #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews