Open pit could extend Heemskirk mine life

Stellar Resources has published a JORC resource estimate for the St Dizier deposit adjacent to its Heemskirk project in Tasmania. Indicated and inferred resources amount to 2.26 million tonnes at 0.61% tin (13,800 tonnes contained tin) which could be mined as an open...

Stellar reports capital raising from new investor

ASX-listed Stellar Resources announced that it had issued 50 million shares to a new investor in the company, raising a net A$2.6 million. The funds will be used to advance its Heemskirk mine project in Tasmania and for working capital. In a statement Stellar...

Heemskirk Pre-Feasibility Study looks positive

Stellar Resources has released details of a recently completed Pre-Feasibility Study (PFS) of its Heemskirk mine project near Zeehan, Tasmania. A 600,000 tpy operation is expected to produce some 4,300 tpy of tin-in-concentrate and cover capital costs in 3.7 years,...

Stellar upgrades Heemskirk resource estimate

Stellar Resources has increased its estimate of tin contained within its Heemskirk project in Tasmania by 49% following the completion of a year-long drilling programme. The new JORC-compliant estimate of total indicated and inferred resources is 6.28 million tonnes...

Tin outlook interview

The three seminars on tin held in Australia from 14 – 18 September, hosted by ITRI Explorers and Developers Group members, generated considerable coverage in national and regional business news media. A short video interview produced by Boardroomradio summaries some...

Exploration and development updates

Three ASX-listed companies have recently announced progress in bringing new projects into production, with one, Gippsland Limited, reporting a first shipment of concentrate from a small project in Egypt. Meanwhile Stellar Resources and Consolidated Tin Mines, both...

Exploration boom in Tasmania

Tasmania’s mineral exploration sector has finally shaken off the doldrums, with almost 80 companies spending a record A$ 38.7 million last year looking for the mines of tomorrow, the Hobart Mercury newspaper reported. Drill rigs are humming on many of the 194...

Australian exploration updates

Stellar Resources has commenced a new one year, 10,000 metres drilling programme at its now 100%-owned Heemskirk project in Tasmania. The project contains three orebodies (Queen Hill, Montana and Severn) and is adjacent to the Renison mine. Indicated and inferred...

Mine project brief updates

A number of companies aiming to develop new tin mines have announced updates on their activities in the last two weeks, and we summarise some key points from six of them. The first four companies covered – Eurotin, Kasbah Resources, Consolidated Tin Mines and...

Stellar takes full control of Heemskirk project

ASX-listed Stellar Resources has agreed to purchase Gippsland Limited’s 40% stake in the Heemskirk project in Tasmania. Stellar will acquire Gippsland’s interest in return for 43.5 million Stellar shares (worth approximately A$ 4 million) and a royalty....