# Long Shortz with Stelar Metals: Maiden drilling takes aim at high-grade tungsten

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/long-shortz-with-stelar-metals-maiden-drilling-takes-aim-at-high-grade-tungsten--a2eaa6b4-d8da-4538-b063-104ecba71ada

Original source: https://stockhead.com.au/stockhead-tv/long-shortz/long-shortz-with-stelar-metals-maiden-drilling-takes-aim-at-high-grade-tungsten/

Publisher: stockhead

Original announcement: 2026-10-13T19:50:14.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-13T21:09:47.803Z

Atlas analysis updated: 2026-10-13T21:09:47.803Z

- Company: Stelar Metals

- Ticker: SLB

- Exchange: Unavailable

- Region: Northern Territory

- Primary commodity: Tungsten

- Secondary commodities: None reported

- Document categories: Other, Metallurgy

- Extracted: 2026-10-13 21:09:48 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Stelar Metals is conducting a 3,500m RC drilling program at the Hill of Leaders tungsten project in the Northern Territory. The project has historical high-grade production and recent rock chip results of up to 16% tungsten oxide.

Reasoning: The document is an interview/media feature about an ongoing drilling program rather than a technical results release. It mentions high-grade potential but does not provide new assay data.

- Positive factor: Maiden drilling program underway

- Positive factor: Historical high-grade tungsten production mentioned

- Positive factor: High-grade rock chip results \(16% tungsten oxide\)

Facts used in scoring: 1

## Classification and evidence

**Nearology Play**

Polarity: neutral

Story-specific tag

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The discussion focuses on the exploration potential of the Hill of Leaders project based on historical production and rock chips.

Evidence · text

> discuss maiden bedrock drilling at the Hill of Leaders tungsten project

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Metallurgical Results (1)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/long-shortz-with-stelar-metals-maiden-drilling-takes-aim-at-high-grade-tungsten--a2eaa6b4-d8da-4538-b063-104ecba71ada#fact-metallurgical-facts-0)

tungsten

#### Identity

- Commodity: tungsten
- Region: australia\_nt
- Reported Region: Northern Territory
- Ticker: SLB

#### Test Work

- Sample: rock chip results

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: 16% tungsten oxide is a very high grade for rock chip samples.

- Positive factor: High grade of 16% tungsten oxide

- Negative factor: Surface sample, not drill intercept

Evidence · text

> rock chip results of up to 16% tungsten oxide

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.