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Stelar Metals Limited (ASX:SLB)
ALERT: Price-sensitive ASX Announcement for SLB
Current share price for SLB : $0.140 0.076 (118.75%)+
Announcement
Release
29 Jan 2025 8:50AM
Price at Release
$0.064
Full Release
Summary
Stelar Metals Limited provided an update on its quarterly activities for the period ending December 31, 2024, highlighting the identification of new geophysical targets for copper at the Bibliando Diapir within the Baratta Copper Project in South Australia. The company commenced geological mapping and surface sampling in this area, which is considered highly prospective for sediment-hosted copper mineralization. Stelar is actively seeking business development opportunities to expand its project portfolio in tier 1 jurisdictions.
Key Points
- New geophysical targets for copper identified in the Bibliando Diapir.
- Surface sampling and geological mapping commenced at Bibliando Diapir.
- Baratta Copper Project considered highly prospective for sediment-hosted copper mineralization.
- Stelar continues to seek business development opportunities in South Australia and Western Australia.
- Exploration activities focused on a 7-kilometre corridor of copper mineralization.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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