Latest Stellar Resources (ASX:SRZ) News

One stock nearly doubled, another jumped more than 40%, and a finance heavyweight stayed elevated after a merger shock. In resources, the winners were mostly tied to “what was bought” or “what was funded”, while the laggards were often the ones where early optimism quickly turned into selling.

Fluorspar stole the week as OD6 ripped higher, while a fresh wave of trading halts and reopenings produced fast reversals. Rare earth processing deals, big funding packages and takeover timetables kept investors busy across small caps.

Stellar Resources has uncovered a new high-grade tin lode 60 meters beneath its existing Severn deposit, setting the stage for a resource upgrade and advancing its Heemskirk Tin Project development.

Rare earths and gold dominated the tape, with one small-cap rare earth explorer ripping more than 70% on a single drilling headline. Gold producers, meanwhile, kept turning high bullion prices into dividends, buy-backs and bigger balance sheets.

Stellar Resources has announced a significant 41% increase in the Queen Hill Mineral Resource Estimate, pushing the total contained tin at its Heemskirk Tin Project beyond 100,000 tonnes. This milestone underscores the project’s status as Australia’s highest-grade undeveloped tin resource.

Stellar Resources has completed the acquisition of the Granite Tor Tin Project, significantly expanding its presence in Tasmania’s renowned tin province and reinforcing its development pipeline alongside the Heemskirk Project.

Stellar Resources has gained consent to apply for a mining licence adjacent to its Heemskirk Tin Project, advancing plans for a key tailings storage facility and exploring regional processing options.

Stellar Resources has reported significant progress in its December quarter, advancing the Heemskirk Tin Project through robust drilling results and metallurgical studies, supported by a $9.5 million capital raise.

Stellar Resources has reported a significant 51m wide tin mineralisation zone at its Severn deposit, reinforcing the potential to upgrade and expand its Heemskirk Tin Project resource. Ongoing drilling and rising tin prices underpin the company’s advancing prefeasibility study.

Stellar Resources has reported robust metallurgical test results from its Severn Deposit, highlighting strong tin recoveries and production of a clean, high-grade concentrate. These findings reinforce the project’s potential as a low-cost, high-quality tin source in a stable jurisdiction.

Stellar Resources has raised an extra A$500,000 through a placement to a major shareholder, adding to a recent $12.4 million capital influx aimed at advancing its Heemskirk Tin Project in Tasmania amid robust tin market demand.

Stellar Resources has raised $9 million through a share placement to advance development at its high-grade Heemskirk Tin Project in Tasmania, bolstered by strong investor demand amid rising tin prices.