SRZ 0.00% 2.0¢ stellar resources limited

'We are very pleased to have secured this first-in-time EL...

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    'We are very pleased to have secured this first-in-time EL application over the Mt Paris and Scamander North areas which was identified by Stellar's consultants Dr Josh Phillips and Ross Corben. This application adds to the strategic package of EL’s and EL applications Stellar has assembled in NE Tasmania which, in addition to being highly prospective for high-grade Victorian slate belt style gold mineralisation, hosts excellent potential for lithium, tin and base metal mineralisation associated with the granite intrusives therefore enhancing Stellar’s commodity mix in Tasmania on top of its flagship Heemskirk Tin Project.”

    It's interesting that the MD emphasises the term ’first-in-time’ throughout the Release.Often this phrase is used to denote how those with the oldest, and therefore most senior companies obtain priority over other younger, or more juniors ones especially during times of insufficient supply.

    Therefore, we may conclude that this highly prospective area was secured through a highly competitive field of applicants. Unfortunate for those that missed out but a nice reward for long term SRZ holders.

    However, does this set the scene for what is yet to come on Heemskirk news?

    All IMO, DYOR, GLTAH


 
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