Stellar Resources Ltd invests more land in northeast Tasmania for lithium and tin

“This application adds to the strategic suite of EL and EL applications that Stellar has assembled in North East Tasmania which, in addition to showing great promise for high-grade Victorian slate belt-style gold mineralization , hosts excellent potential for the mineralization of lithium, tin and base metals,” explains the developer.

Stellar Resources Ltd (ASX: SRZ) has established other potential lands in Tasmania which hold great promise for lithium and tin and have the potential to enhance the company’s commodity mix in the state, including including the flagship Heemskirk Tin project.

Wholly owned subsidiary, Tarcoola Iron Pty Ltd, has submitted a new exploration permit application over the Mount Paris and Scamander North areas in northeast Tasmania with a combined area of ​​97 square kilometres.

The Mt Paris portion of the application is considered prospective for lithium and tin, while the Scamander North zone and the adjacent Scamander EL EL EL19/2020 application pending Stellar to the immediate south are considered highly prospective for mineralization of tin and base metals.

Applying for EL for the first time

Executive Director Gary Fietz said, “We are very pleased to have secured this first EL application over the Mont Paris and Scamander North regions which has been identified by Stellar consultants Dr Josh Phillips and Ross Corben.

“This application adds to the strategic suite of EL and EL applications that Stellar has assembled in North East Tasmania which, in addition to being very promising for Victorian Slate Belt style gold mineralization at high grade, hosts excellent potential for lithium, tin and base metal mineralization associated with granite intrusions thus enhancing Stellar’s product range in Tasmania in addition to its flagship Heemskirk Tin project.

Stellar now holds a total of 13 ELs and EL applications in North East Tasmania covering a total area of ​​2,620 square kilometers which are promising for gold, tin and lithium mineralization.

The first eight of these ELs over an area of ​​1,899 square kilometers were granted in August 2021, while the remainder of the EL applications are expected to be granted throughout 2022, with the granting of EL19/2020 and EL10/2020 expected. in the coming months. .

Mont Paris region

Scope Mt Paris EL showing geology with lithium findings in rock chips (values ​​>500 ppm labeled).

Stellar’s belief in Mount Paris is based on a review of open file data from the Mineral Resources Tasmania (MRT) geochemical database.

This area covers the Mount Paris S-type fractional granite, equivalent to the Lottah granite, which contains the highest recorded lithium levels (0.02% Li2O to 0.1% Li2O) in Tasmania and is home to the historic mine of tin Anchor.

Exploration for lithium will target pegmatites near the margins of the Mt Paris Granite where there is the possibility of elevated lithium concentrations.

The Mount Paris area contains eight recorded historic tin occurrences/tin mines and adjoins EL10/2019 (Halona Holding Pty Ltd) to the south and EL17/2017 (Yunnan Tin Australia Pty Ltd) to the east, all of which contain two of many historic tin mining occurrences.

The northern part of the Mount Paris granite has been little explored and as such few samples are available despite the presence of a significant body of alkaline granite considered prospective for tin and lithium mineralization.

Limited stream sediment samples from the southern part of the Mount Paris granite were recorded in the Mount Paris area of ​​the EL application with values ​​up to 1000 ppm tin, highlighting the mineralization potential of the ‘tin.

Additional samples of anomalous stream sediments containing up to 9,400 ppm tin have been recorded in adjacent ELs held by third parties.

Scamander North App

Scamander North EL application area showing geology with tin in rock chip samples.

The Company’s interpretation of the Scamander North area and the adjacent EL application to the south is also based on a review of open geochemical data from MRT.

The Scamander North Zone covers a partially exposed, late-stage alkaline granite that occurs on the margins of the extensive Mt Pearson Granite which may be related to the zoned tin and base metal mineralization of the Scamander Mineral Field further south on the Scamander North Zone. application EL EL19/2020.

The Scamander North area contains seven recorded alluvial tin mining occurrences/mines, the hard rock source of which does not appear to have been investigated by previous explorers.

EL Application EL19/2020 contains 29 recorded historic mineral occurrences/mines with a combination of tin, tungsten, copper, lead, zinc and silver mineralization in a zoned mineral system.

Anomalous tin results in stream sediment samples of up to 9,300 ppm are reported around alluvial tin fields in the Scamander North area and up to 12,000 ppm in EL application EL19/20202, highlighting the potential for tin mineralization in Stellar applications.

Rock chip samples also returned anomalies of tin, tungsten, copper, lead, zinc, arsenic and silver with up to 1,000 ppm tin in the Scamander North area and up to 39,500 ppm in EL application EL19/20202.

Work program

The exploration program for the Mt Paris and Scamander North zones included in the EL Application will be integrated with Stellar’s NE Tasmania exploration program.

Exploration for tin, lithium and base metals will focus on the Mount Paris and Scamander North regions, as well as the EL19/2020 application.

Fieldwork in the Mont Paris and Scamander North areas will begin upon EL grant, expected in late 2022, with the year 1 program expected to focus on river sediment sampling and soil geochemistry to define drill targets for follow-up in year 2.