Uranium

Stellar Resources conducts its exploration for uranium through two Joint Ventures (JV); both of which are located in the highly prospective Gawler Craton region of South Australia (SA).

In mid 2006, Stellar entered into a JV with UraniumSA Limited (USA) enabling USA to explore on six of Stellar's exploration licenses in the Tarcoola region of the central Gawler Craton.

The previously discovered uranium resource, the Warrior uranium deposit, lies mainly on one of  Stellar's tenements.  To expedite the evaluation of this resource Stellar has entered into a JV with uranium explorer, Toro Energy Limited (TOE) .  Toro may spend more than $3 million in a staged farm-in over four years on exploring the Warrior project tenements which lie immediately north and south of the Toro's Warrior project tenement.

For the latest development news on the Kingoonya Palaeochannel Uranium Project, click here ->

For the latest development news on the Warrior Uranium Project,
click here ->