Stellar Resources Current Assets

What does Stellar Resources do? Stellar Resources Ltd is an Australian-based mining and exploration company. It was founded in 2003 and is headquartered in Brisbane. The company is listed on the Australian Stock Exchange and has a market capitalization of approximately AUD 50 million. Stellar Resources Ltd's business model focuses on the search for and development of precious and base metal deposits. The company conducts exploration activities on its own properties and also collaborates with other companies for this purpose. The company has three main divisions: Tin, Gold, and Lithium. In the Tin sector, Stellar Resources Ltd is focused on the development of the Stannum project in northeastern Tasmania. This is a tin-scheelite mineralization consisting of a several kilometers long mineralized zone. The company holds 100 percent of the mining rights here and has already conducted numerous exploration activities. In 2017, Stellar Resources Ltd published a domestic resource estimate of a total of 57,000 tons of tin and 54,000 tons of tungsten. In the Gold sector, the company has an interest in the Clogau project in northern Wales. This is a historic gold mine that was already in operation in the 19th century. In 2016, Stellar Resources Ltd published a domestic resource estimate of a total of 162,000 ounces of gold. The company is currently working on a feasibility study for a possible reopening of the mine. The third division of Stellar Resources Ltd is Lithium. For this purpose, the company has an interest in the Mt. Kirkland project in northern Queensland. This is a lithium and tantalum mineralization, which also consists of a several kilometers long mineralized zone. The company has already conducted extensive exploration activities here and in 2017 was able to provide a domestic resource estimate of a total of 1.04 million tons of lithium. The products offered by Stellar Resources Ltd primarily include precious metals such as gold and silver, as well as base metals such as tin and lithium. The company follows a sustainable mining approach and pays particular attention to the environmental compatibility of its activities. In addition, Stellar Resources Ltd is involved in Corporate Social Responsibility activities for the local population, supporting projects such as education and health. Overall, Stellar Resources Ltd stands out for its broad range of activities and projects, both domestically and internationally. The company combines its own exploration activities with collaboration with other companies. The goal is to develop sustainable and profitable deposits of precious and base metals while always focusing on environmental responsibility and societal impact. Stellar Resources is one of the most popular companies on Eulerpool.