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....