🕐02.06.10 - 09:00 Uhr

Stellar Resources Limited [SRZ] - Hicks Hill Drilling Confirms Shallow Thick Magnetite Body



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Stellar Resources Limited [SRZ] - Hicks Hill Drilling Confirms Shallow Thick Magnetite Body

Stellar Resources has completed a successful 6 hole RC drilling program to test magnetite targets at its Hicks Hill property in central South Australia.

Results show a shallow magnetite body that has a horizontal width of 175m at its broadest point with mineralisation open to the south and at depth across the drill section.

It is also open along strike to the east and west.

Importantly, the mineralisation is located within 10km of the TransAustralian railway and 40km from the companys more advanced Coolybring magnetite prospect.

Once assay and Davis Tube Recovery results are received in 4 to 6 weeks a more complete picture will be available on which to base further exploration.


For more information please contact:
Peter Blight
Chief Executive Officer
E:
T: +61 3 9909 7618


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