Stellar Completes Granite Tor Tin Project Acquisition

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Stock Stellar Resources Ltd (SRZ.ASX)
Release Time 10 Feb 2026, 9:13 a.m.
Price Sensitive Yes
 Stellar Completes Granite Tor Tin Project Acquisition
Key Points
  • Stellar has completed the 100% acquisition of the Granite Tor Tin Project in Tasmania's World Class Tin Province
  • Granite Tor consolidates Stellar's land holding and forms a pipeline of potential development stage projects to feed into future production at Heemskirk
  • Stellar aims to become a producer of 3,000 to 3,500 tpa of payable tin over the first 6 to 10 years of production at Heemskirk
Full Summary

Stellar Resources Limited (ASX: SRZ) has been notified by Mineral Resources Tasmania (MRT) of the transfer of the Granite Tor Tin Project (EL6/2023) to the Company. Stellar has subsequently completed the 100% acquisition of the Project, pursuant to the previously announced Terms of Agreement. The Granite Tor licence is located to the east of the Mt Read Volcanic complex and covers the recurrence of the Proterozoic basement and Devonian granites that host the Renison Tin mine and Stellar's Heemskirk Tin Project. The Company plans to undertake soil and stream sampling programs to verify and confirm the historic exploration as well as infill anomalous areas to help define targets for further exploration via geophysical methods to help prioritise and target future drilling. Granite Tor further consolidates Stellar's land holding in Tasmania's World Class Tin Province where it is focused on the development of its Heemskirk Project. Stellar now controls over 156km2 through its East Renison and Granite Tor Exploration Projects forming a pipeline of potential development stage projects to feed into future production at Heemskirk. Stellar aims to become a producer of 3,000 to 3,500 tpa of payable tin over the first 6 to 10 years of production at Heemskirk.

Outlook

Stellar aims to become a producer of 3,000 to 3,500 tpa of payable tin over the first 6 to 10 years of production at Heemskirk.