SRZ.ASX: Drilling at Montana Hits High-Grade Tin

Drilling at Montana Hits High-Grade Tin

Stock	Stellar Resources Ltd (SRZ.ASX)
Release Time	19 May 2026, 9:22 a.m.
Price Sensitive	Yes

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Stellar Resources Reports High-Grade Tin Intersections at Montana

Key Points

First drilling at Montana since 2012 intersects high-grade tin mineralization
4.7m @ 1.29% Sn from 242.5m in hole ZM192
Continued drilling planned to increase mineralisation confidence

Full Summary

Stellar Resources Limited (ASX: SRZ) has announced new drilling results from the Montana deposit at its Heemskirk Tin Project in Western Tasmania. The first drilling at Montana since 2012 has successfully intersected high-grade tin mineralisation, including 4.7m @ 1.29% Sn from 242.5m in hole ZM192. Montana hosts an Inferred Mineral Resource of 0.7Mt @ 1.54% Sn for 10.4kt of contained tin immediately adjacent to the north of the Queen Hill and Severn Deposits. Stellar plans to continue drilling at Montana to increase the category and confidence of mineralisation and potentially incorporate it in a subsequent Definitive Feasibility Study (DFS). The Heemskirk Tin Project remains the highest-grade undeveloped tin project in Australia and the third highest-grade globally.

Guidance

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Outlook

Stellar Resources plans to continue drilling at Montana to increase the category and confidence of mineralisation and potentially incorporate it in a subsequent Definitive Feasibility Study (DFS).