Latest Stelar Metals (ASX:SLB) News

Stelar Metals has cleared all statutory hurdles and locked in an experienced driller to launch its maiden 3,500m RC drilling campaign at the Hill of Leaders Tungsten Project within weeks, targeting exceptionally high-grade tungsten mineralisation.

Small explorers led the ASX week, with Lachlan Star, EcoGraf and Basin Energy recording the biggest gains on new drilling, offtake and exploration news.
Takeovers, capital raisings and strong company results also drew attention, although several large stocks fell despite reporting better earnings.

Small-cap materials shares produced some of the market’s biggest moves, led by a dramatic rise in Accent Resources and strong gains in gold and critical metals explorers.
Investors also weighed new project funding, drilling results, acquisitions and several steep falls after opening price gaps.

Stelar Metals has reported exceptional high-grade tungsten assays from Phase 2 sampling at Hill of Leaders, with grades up to 15.7% WO3 extending mineralisation beyond previous footprints. The company is gearing up for its first 3,000m reverse circulation drilling program amid strong market conditions for tungsten.

Stelar Metals has raised A$2.6 million through a discounted placement to fund its maiden bedrock drilling at the Hill of Leaders Tungsten Project, aiming to test a historically unexplored system amid tight global tungsten supply.

Stelar Metals has fast-tracked exploration at its newly acquired Hill of Leaders Tungsten Project in the Northern Territory, reporting multiple high-grade tungsten assays exceeding 1% WO₃ and preparing for its maiden Reverse Circulation drilling campaign.

Stelar Metals has secured environmental approval for its inaugural ~3,000m Reverse Circulation drilling campaign at the Hill of Leaders Tungsten Project, set to begin in August 2026. This marks the first deep drilling beneath a high-grade tungsten system with significant strike and width in the Northern Territory.

Stelar Metals confirms recent share price and volume spikes are linked to disclosed exploration milestones at its Hill of Leaders Tungsten Project, with no undisclosed information influencing trading.

Stelar Metals has leveraged ultra-high-definition airborne survey technology to expose previously hidden tungsten-bearing structures at its Hill of Leaders project, setting the stage for targeted drilling in covered areas.

Wild swings hit the ASX this week, with Janus Electric doubling, Aura sliding almost 30%, and TechGen jumping more than 22%. Big news kept landing, but many stocks still fell as early gains faded and traders locked in profits.

Big project news kept landing across gold, rare earths and battery minerals, but many small-cap share prices still fell hard. The week belonged to a giant gold merger at the top end, while further down the board early excitement often gave way to selling.

Stelar Metals has revealed multiple rock chip assays exceeding 1% WO3 at its Hill of Leaders Project, marking a significant new tungsten discovery in the Northern Territory. The company is fast-tracking drilling to test the system's scale amid tightening global tungsten supply.