SRZ.ASX: Severn Resource Up 64%

Severn Resource Up 64%

Stock	Stellar Resources Ltd (SRZ.ASX)
Release Time	2 Jul 2026, 9:53 a.m.
Price Sensitive	Yes

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Stellar Resources Updates Mineral Resource Estimate for Severn

Key Points

Severn deposit sees a 64% increase in total mineral resource.
Indicated resource at Severn increases by 125%.
Heemskirk Tin Project now has a total resource of over 129kt of contained tin.

Full Summary

Stellar Resources Limited (ASX: SRZ) has reported an updated Mineral Resource Estimate (MRE) for the Severn deposit within its Heemskirk Tin Project in Tasmania. The update shows a 64% increase in total mineral resource to 8.54Mt at 0.82% tin, containing 70,002t of contained tin. The Indicated Resource has increased by 125% to 6.05Mt at 0.84% tin, containing 50,739t of contained tin. The total mineral resource for the Heemskirk Tin Project is now 13.36Mt at 0.86% tin, containing 115.3kt of contained tin. Including the St Dizier satellite deposit, the total contained tin resource across the Heemskirk Tin Project and St Dizier is over 129kt. Stellar Resources is continuing to explore growth opportunities at Heemskirk, with two drilling rigs currently in operation.

Outlook

Stellar Resources is focusing on growth opportunities at Heemskirk, including the Montana Resource, depth extensions at Severn, and untested new targets developed from geological modelling.