Why Stelar
Proven asset-finding board and management team exploring premier mining jurisdictions for critical minerals essential to the energy transition.
The focus of Stelar Metals is on the Hill of Leaders Tungsten Project, a strategic tungsten opportunity with scale potential, in the Northern Territory, Australia.
Stelar’s team successfully acquired, developed, financed and built Core Lithium’s Finniss Lithium Project – which became the first operating lithium mine in the Northern Territory.
Hill of Leaders boasts scale tenure with high grade surface outcrop and shallow ore-grade drilling based on historical results. The Project is located in an established NT tungsten province, with geological similarities to the nearby Hatches Creek Tungsten Deposit of 12Mt @ 0.17% WO3 (held by Tungsten Mining NL ASX:TGN)
Tennant Creek
Tennant Creek is an established mining region in the Northern Territory, located approximately 500km north of Alice Springs. The region hosts significant copper-gold deposits and tungsten mineralisation.
Established Mining Region
The Tennant Creek Inlier is a highly mineralised terrane that hosts several significant copper-gold deposits, with the area also hosting nearby comparable tungsten deposits. Tennant Creek was once the third largest gold producer in Australia.
Infrastructure
The Hill of Leaders Tungsten Project is located approximately 50km from Stuart Highway and 80km from Tennant Creek. Hill of Leaders’ proximal access to main roads and well-developed infrastructure provides an easy connection to the Darwin Port.
Recognised Tungsten Province
Tennant Creek hosts several tungsten deposits including Hatches Creek held by Tungsten Mining NL (ASX:TGN). Hill of Leaders shows similarities to Hatches Creek, which hosts an Inferred Mineral Resource Estimate (MRE) of 12Mt @ 0.17% WO3 and 0.12% Cu.
Scale of Exploration
The Hill of Leaders Tungsten Project is located on exploration licence EL33232, which covers approximately 445km². Historical shallow aircore drilling identified widespread tungsten mineralisation extending over at least 2km of strike.