Severn Drilling Hits High Grade Tin 150m North of Resource

• Drill Hole ZM194 intersects high-grade tin mineralization
• Potential to link Severn and Montana resources
• Follow-up drilling planned to test below intersection
• Wedge hole drilled below current Severn Resource
• Prefeasibility Study ongoing to optimize mining and processing

Stellar Resources Limited reports significant high-grade tin intersections from drill hole ZM194 at its Heemskirk Tin Project in Western Tasmania. The intersections, including 3.9m @ 0.82% Sn and 2.1m @ 1.40% Sn, occur outside the Severn Resource and along the trend to the south of the high-grade Montana Resource. The findings suggest a potential for Severn and Montana to link along strike and at depth. A follow-up hole (ZS197) is underway to test below the intersection in ZM194, while another drill rig is testing additional zones along the Severn trend. Additionally, a wedge hole (ZS187W3A) has been drilled below the current Severn Resource to a depth of 850m. The Prefeasibility Study continues, focusing on optimizing mining and processing configurations.

The Company is optimistic about the potential to link the Severn and Montana Resources, which could significantly expand the project's resource base and production capacity.