Stellar Resources Acquires New Tin Tenements

The 24km2 tenement was won in a competitive tender process that considered Stellar’s exploration concept and program, the company’s capabilities and its proven track record in Tasmania over the last 12 years.

Stellar Resources Limited (ASX:SRZ) has announced that the Tasmanian Minister for Resources has granted EL13/2018 to the company. The 24km2 tenement was won in a competitive tender process that considered Stellar’s exploration concept and program, the company’s capabilities and its proven track record in Tasmania over the last 12 years.

EL13/2018 is strategically important to Stellar, as it contains a known pre-JORC tin resource and can be easily integrated into the Heemskirk tin project (ML2023P/M, Figure 1) which lies immediately to the south.

As quoted from the press release:

Managing director Peter Blight said “Granting of EL13/2018 is an important win for Stellar. It adds the Oonah tin deposit, the fourth of the known tin deposits in the Zeehan area (the others are Queen Hill, Severn and Montana), to Stellar’s portfolio. More importantly, it adds the northwest trending structural corridor along which all tin deposits and major historical silver mines lie and greatly enhancing the exploration potential of the Heemskirk Tin Project.”

EL13/2018 Montana Flats
Montana Flats is a highly mineralized tenement that hosts similar geology and mineralization to Stellar’s flagship Heemskirk tin project (ML2023P/M, Figure 2). Importantly, the Queen Hill, Severn and Montana tin deposits of Heemskirk lie within dilation zones associated with major northwest trending structures identified as the Oonah and Montana Faults. As Figure 2 shows, these and associated faults extend well into EL13/2018 where they host a number of historical silver/lead mines. Zeehan Western, the second largest silver/lead producer in the Zeehan field is associated with the Montana Fault and the Oonah silver mine, the fourth largest producer, lies on the Oonah Fault. The Oonah pre-JORC tin resource parallels the silver/lead lode on the Oonah Fault.

Click here to read the full announcement

Hastings Technology Metals Ltd Measured and Indicated Mineral Resource Tonnes Up by 54%

Perth, Australia (ABN Newswire) – Australia’s next rare earths producer, Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM), is pleased to announce a material increase in Mineral Resource Estimate at its Yangibana Rare Earths Project (Yangibana) in Western Australia’s Gascoyne region.

Highlights

– Measured and Indicated Mineral Resource tonnes increased by 54% to 16.3Mt for Yangibana deposits drilled during 2020.

Keep reading... Show less

ASI certifies Rio Tinto’s ISAL smelter for responsible production

Rio Tinto’s ISAL smelter in Iceland has been certified by the Aluminium Stewardship Initiative (ASI) for meeting the highest internationally recognised standards for responsible aluminium production.

The certification continues Rio Tinto’s leadership of the industry on responsible aluminium production from mine to metal, and means customers can be assured aluminium produced at ISAL meets independent environmental, social and governance standards.

Keep reading... Show less

Rio Tinto updates details of tailings facilities

Rio Tinto today released updated information in relation to its global tailings facilities to align with the requirements of the Global Industry Standard for Tailings Management (GISTM) released in August 2020, an initiative co-convened by the International Council on Mining and Metals, United Nations Environment Programme and the Principles for Responsible Investment.

The latest disclosure at http://www.riotinto.com/tailings builds on previously disclosed information on each of Rio Tinto’s global tailings facilities released in June 2019 and the publication of Rio Tinto’s Group Procedure and updated Standard for ‘Management of tailings and water storage facilities’ in February 2019. The changes to existing data are in line with guidance contained in GISTM including updating information previously disclosed.

Keep reading... Show less

Hastings Technology Metals Ltd Quarterly Activities Report

Perth, Australia (ABN Newswire) – Australia’s next rare earths producer, Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) is pleased to report on exploration and development activities for the three-month period to 31st March 2021. Most of the activity focused on the Company’s Yangibana Rare Earths Project (“Yangibana”) in the Gascoyne region of Western Australia.

Highlights

– Hastings raised $100.7 million (before costs) through a two-tranche equity placement priced at $0.19 per share, with funds to be used to advance development of the Yangibana Rare Earths Project.

Keep reading... Show less

Argyle Diamond Mine Closure: What’s Next for the Sector in Australia?

Click here to read part one of this article, which covers the closure of the Argyle diamond mine.

When the mining equipment permanently shut down at Western Australia's Argyle mine in November 2020, the country's diamond sector entered a transitional period.

As the world's fourth largest diamond-producing asset shuttered, domestic output of the gems instantly declined by as much as 90 percent.

Keep reading... Show less

Top News

Related News