Hi bickle, below is from one of the recent asx releases.....of note is the graph at the end of anatol's research where the Heemskirk project is listed as having a resouce of less than 50,000t whereas SRZ's presentations list the current resource at almost 72,000t (50% more, so considerably higher up this table), and infil as well as extension drilling starting next year will most likey extend this?...
anatol's reasearch is greatly appreciated.
I have 64 solar panels on the roof at work and the cost of doing this is less than the savings in power we are making...and this is before adding a battery which is the next step....viable batteries re storage has suddenly made going to solar a no brainer for any business where most of their power use is during the day....esp where electricity prices are going to continue to rise as we have cheap gas but are forced to pay what are companies can sell it for on the international market....making our manufacturinh uncompetitive....anyway, another argument. So with solar becoming a no brainer and the use of tin in solar panels soon as well as it's use in batteries already.....along with cobalt (and this may well be the limiting mineral?)....tin demand is only going to rise....and the question is where is it going to come from....we need new resources to cover mines nearing their end date as well as grow supply.....hottin mentioned he had heard/read teports that some had mentioned tim going to as high as $45,000/tom (A$60,000)....all of our calculations are not based on this level but if this happened, then the value of resources in the ground would be???.....eg over 3B for Heemskirk!,
Kind regards, SEAH.
29 November 2016
Tin Mineral Resource Upgrade to JORC 2012
Stellar Resources Limited (ASX: SRZ, “Stellar” or the “Company”) is pleased to advise
that it has completed a review and upgrade from JORC 2004 to JORC 2012 of Mineral
Resource estimates for its 100% owned Zeehan tin deposits. The Zeehan tin deposits
lie within RL5/1997 and underpin the Heemskirk Tin Project - the highest grade
undeveloped tin resource of significance listed on the ASX.
 Mineral Resource of 6.35mt grading 1.13% tin or 72,000t of contained tin
 97% of contained tin is in the form of cassiterite
 Cassiterite is the most readily recoverable tin mineral
 64% of Indicated Resource at Lower Queen Hill - first in development queue
 LQH Indicated Resource grade is 1.42% or 26% above the resource average
 Zeehan tin deposits are open and have significant exploration potential
 Next step is infill drilling to convert resources to ore reserves
 Infill drilling provides an opportunity to explore Severn for higher grade
“The estimate is more robust than the JORC 2004 estimate and not materially
different in tonnes and grade. Importantly, the JORC 2012 estimate identifies a high
grade Indicated Resource at Lower Queen Hill that will be the target for initial
underground mining studies” said Stellar’s Managing Director, Mr Peter Blight.
“The combination of a rising tin price and results from a planned infill drilling program
that will target higher grade zones in Lower Queen Hill and Severn should underpin
a positive outlook for Stellar shareholders as the company progresses Heemskirk Tin
towards development” he added.
- Forums
- ASX - By Stock
- Tin $28,000 AUD
Hi bickle, below is from one of the recent asx releases.....of...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRZ (ASX) to my watchlist
|
|||||
Last
1.4¢ |
Change
-0.002(12.5%) |
Mkt cap ! $29.11M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.4¢ | $41.73K | 2.732M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1932855 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 1000000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1932855 | 0.014 |
5 | 1898703 | 0.013 |
2 | 129166 | 0.012 |
2 | 200000 | 0.010 |
2 | 3050000 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 1000000 | 1 |
0.017 | 226315 | 3 |
0.018 | 200000 | 1 |
0.019 | 1825110 | 5 |
0.020 | 2312029 | 3 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
SRZ (ASX) Chart |