the next renison bell?

Highlights

Stellar Resources' (ASX: SRZ) Heemskirk Tin Project has produced high grade intersections of up to 8.94% in the first drilling for over 25 years at the Severn deposit,

The Heemskirk project is the highest grade undeveloped tin project in Australia,

The aim of the current drill program is not only to upgrade the status of the JORC Inferred Resource, but also to demonstrate the potential to considerably expand Heemskirk's Resource base.

"The aeromagnetic survey has identified entirely new targets and demonstrates the untapped potential of the Heemskirk tin system both along strike from Severn and at depth. All of these targets will be tested in the current 10,000 metre drilling program."

This highlights the Queen Hill and Severn ore bodies along with a new target, name Golf Course, south of Severn.

So far, Stellar has only uncovered around 25% of what Renison Bell hosts, however the upside is if Heemskirk is shown to be a similar system to Renison Bell then there is plenty more to be found.

"But I guess the look of it at this stage suggests in time it could be that sort of size."

Assays from diamond drill holes ZS112 and ZS113 testing down plunge from ZS110 are due for completion in early July.

The two diamond drill rigs will move to new sites down plunge of ZS112 and ZS113 with drilling being carried out through to mid-August.

Early August will see the arrival of a pre-collar percussion drilling rig to establish deeper holes to the southwest of and below ZS107, with drilling set to begin in mid-August.

One diamond drill rig will begin testing magnetic targets to the southwest of Severn in mid-August.

Metallurgical testing of Severn mineralisation will also begin in July following the process-route established by Queen Hill test results.
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Have not been posting here recently because there has been little new to say.

Everyone knows what is going on with the world economy and anyone who has been following Heemskirk progress closely should understand it fantastic potential by now.

World conditions are going to inhibit a lot of possible completion to Heemskirk and leave the company sitting pretty to exploit a future tin supply squeeze.

Not going to get widely enthusiastic over recent good results as i expected nothing different and i expect the further drill program to expand and firm up the resource.

Maybe constant good news can get boring Lol.

http://seekingalpha.com/instablog/485861-proactive-investor/784181-stellar-resources-heemskirk-australia-s-highest-grade-undeveloped-tin-project-yields-more-metal

http://www.asx.com.au/asxpdf/20120626/pdf/4271j8cw9vskqq.pdf

http://www.proactiveinvestors.co.uk/companies/news/44615/stellar-resources-delivers-up-to-894-tin-from-heemskirk-reveals-untapped-potential-44615.html