# Stellar’s high-grade tin hit stretches Severn towards Montana

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/stellar-s-high-grade-tin-hit-stretches-severn-towards-montana--af3cdfb4-76eb-4e7a-8fac-b732ddfdd15d

Original source: https://stockhead.com.au/resources/stellars-high-grade-tin-hit-stretches-severn-towards-montana/

Publisher: stockhead

Original announcement: 2026-10-07T04:20:50.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-07T05:03:29.938Z

Atlas analysis updated: 2026-10-07T05:03:29.938Z

- Company: Stellar Resources

- Ticker: SRZ

- Exchange: Unavailable

- Region: western Tasmania

- Primary commodity: Tin

- Secondary commodities: None reported

- Document categories: Drill results, Resource update

- Extracted: 2026-10-07 05:03:30 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Stellar Resources has reported high-grade tin intercepts from drilling 150m north of its Severn resource in Tasmania. The results, including an intercept of 3.9m at 0.82% Sn, support the geological continuity between the Severn and Montana resources, offering potential for a larger unified deposit.

Reasoning: New high-grade tin intercepts \(up to 1.40% Sn\) extend the mineralised trend north of the existing Severn resource, suggesting a potential merger of the Severn and Montana deposits.

- Positive factor: high-grade tin intercepts outside current resource

- Positive factor: geological continuity between Severn and Montana resources

- Positive factor: potential for resource scale expansion

Facts used in scoring: 6

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drilling hit high-grade tin 150m north of the current Severn resource.

Evidence · text

> struck high-grade tin 150m north of its Severn resource

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The Montana resource is explicitly stated as being in the Inferred category.

Evidence · text

> Montana... hosts an Inferred resource

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (4)

### ZM194

[Link to this fact](https://atlas-staging.minestarters.com/news/stellar-s-high-grade-tin-hit-stretches-severn-towards-montana--af3cdfb4-76eb-4e7a-8fac-b732ddfdd15d#fact-drill-facts-0)

Heemskirk · tin

#### Identity

- Hole ID: ZM194
- Project: Heemskirk
- Commodity: tin
- Region: australia\_tas
- Reported Region: australia\_tas
- Ticker: SRZ

#### Geometry

- Grade: 0.82
- Grade Unit: %
- Intercept: 3.9 m
- From: 206.1 m
- To: 210 m
- Intercept Depth: 206.1 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: ZM194:206.1-210
- Mining Method: unknown

#### Location

- Location: north of Severn
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: 3.9m at 0.82% Sn is a strong intercept for tin and extends the known mineralisation.

- Positive factor: high-grade intercept

- Positive factor: extends resource footprint

Evidence · text

> 3.9m at 0.82% Sn from 206.1m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### ZM194

[Link to this fact](https://atlas-staging.minestarters.com/news/stellar-s-high-grade-tin-hit-stretches-severn-towards-montana--af3cdfb4-76eb-4e7a-8fac-b732ddfdd15d#fact-drill-facts-1)

Heemskirk · tin

#### Identity

- Hole ID: ZM194
- Project: Heemskirk
- Commodity: tin
- Region: australia\_tas
- Reported Region: australia\_tas
- Ticker: SRZ

#### Geometry

- Grade: 1.4
- Grade Unit: %
- Intercept: 2.1 m
- From: 206.1 m
- To: 208.2 m
- Intercept Depth: 206.1 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: ZM194:206.1-208.2
- Mining Method: unknown

#### Location

- Location: north of Severn
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: High-grade 2.1m at 1.40% Sn within the larger intercept.

- Positive factor: high-grade sub-interval

Evidence · text

> including 2.1m at 1.40% Sn

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### ZM194

[Link to this fact](https://atlas-staging.minestarters.com/news/stellar-s-high-grade-tin-hit-stretches-severn-towards-montana--af3cdfb4-76eb-4e7a-8fac-b732ddfdd15d#fact-drill-facts-2)

Heemskirk · tin

#### Identity

- Hole ID: ZM194
- Project: Heemskirk
- Commodity: tin
- Region: australia\_tas
- Reported Region: australia\_tas
- Ticker: SRZ

#### Geometry

- Grade: 0.41
- Grade Unit: %
- Intercept: 3.7 m
- From: 214 m
- To: 217.7 m
- Intercept Depth: 214 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: ZM194:214-217.7
- Mining Method: unknown

#### Location

- Location: north of Severn
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Secondary zone of mineralisation confirmed.

- Positive factor: mineralisation confirmed

Evidence · text

> 3.7m at 0.41% Sn from 214m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### ZM194

[Link to this fact](https://atlas-staging.minestarters.com/news/stellar-s-high-grade-tin-hit-stretches-severn-towards-montana--af3cdfb4-76eb-4e7a-8fac-b732ddfdd15d#fact-drill-facts-3)

Heemskirk · tin

#### Identity

- Hole ID: ZM194
- Project: Heemskirk
- Commodity: tin
- Region: australia\_tas
- Reported Region: australia\_tas
- Ticker: SRZ

#### Geometry

- Grade: 1.39
- Grade Unit: %
- Intercept: 0.9 m
- From: 214 m
- To: 214.9 m
- Intercept Depth: 214 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: ZM194:214-214.9
- Mining Method: unknown

#### Location

- Location: north of Severn
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: High-grade 0.9m at 1.39% Sn within the second zone.

- Positive factor: high-grade sub-interval

Evidence · text

> including 0.9m at 1.39% Sn

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/stellar-s-high-grade-tin-hit-stretches-severn-towards-montana--af3cdfb4-76eb-4e7a-8fac-b732ddfdd15d#fact-resource-facts-4)

Heemskirk · tin

#### Identity

- Project: Heemskirk
- Commodity: tin
- Region: australia\_tas
- Reported Region: western Tasmania
- Ticker: SRZ

#### Resource scope

- Estimate type: resource
- Resource group id: resource:9301de2afd05d404a058
- Deposit or zone: Severn

#### Resource Data

- Category: indicated
- Tonnes: 8540000
- Grade: 0.82
- Grade Unit: %
- Contained Metal: 70002
- Contained Unit: t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Existing Severn resource provides a solid base for the project.

- Positive factor: significant tonnage

Evidence · text

> Severn currently hosts 8.54Mt at 0.82% Sn for 70,002t of contained tin

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/stellar-s-high-grade-tin-hit-stretches-severn-towards-montana--af3cdfb4-76eb-4e7a-8fac-b732ddfdd15d#fact-resource-facts-5)

Heemskirk · tin

#### Identity

- Project: Heemskirk
- Commodity: tin
- Region: australia\_tas
- Reported Region: western Tasmania
- Ticker: SRZ

#### Resource scope

- Estimate type: resource
- Resource group id: resource:f532808a1e563b290e2d
- Deposit or zone: Montana

#### Resource Data

- Category: inferred
- Tonnes: 700000
- Grade: 1.54
- Grade Unit: %
- Contained Metal: 10.4
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Montana resource is high grade but limited to the inferred category.

- Positive factor: high grade

- Negative factor: inferred category

Evidence · text

> Montana... hosts an Inferred resource of 0.7Mt at 1.54% Sn for 10.4kt of contained tin

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

## 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.
