Stellar’s wholly owned subsidiary, Tarcoola Iron Pty Ltd, holds 12 Exploration Licences in NE Tasmania covering a combined area of 2,212 km2 which is prospective for gold, tin, lithium and base metals.
Eleven of Stellar’s twelve EL’s (EL10/2020 to EL18/2020, EL2/2021 and EL3/2021) are prospective for Victorian style Orogenic Gold and for Intrusive Related Gold Systems (IRGS).
EL19/2020 (Scamander) and EL3/2022 North Scamander Block are highly prospective for tin and base metals with significant historic exploration and drilling undertaken over the licence areas.
EL3/2022 Mt Paris Block is prospective for Tin and Lithium.
There are ~77 recorded historic gold occurrences and ~83 tin and base metals occurrences over Stellar’s Exploration Licences in NE Tasmania.