Stelar Metals Limited (SLB.ASX) Ultra-High Definition Airborne Survey at Hill of Leaders
Stelar Metals Limited (ASX:SLB) is expediting tungsten exploration at the Hill of Leaders (HOL) Tungsten Project in the Northern Territory by commencing an ultra-high definition airborne magnetic survey in the coming weeks in the lead up to the maiden RC drilling program on the Project.
Highlights
- Stelar fast-tracking tungsten exploration with an ultra-high definition (UHD) airborne magnetic survey to commence in mid-July at the Hill of Leaders Project
- UHD survey aimed to map structures associated with tungsten-rich vein sets, alteration and historical mines within the Hill of Leaders granite
- New geophysical data to be processed and interpreted with AI-powered algorithms
- Generated tungsten targets to be included in upcoming RC drilling program
- Phase 1 fieldwork assays anticipated shortly with Phase 2 fieldwork assays currently being processed by the labs and expected in coming weeks
- Phase 1 Reverse Circulation (RC) drilling aiming to commence late July 2026
Stephen Biggins, Executive Chair, Stelar Metals Limited commented:
"Ahead of Stelar'supcomingtungstendrillingcampaign, our team is kickingoff an ultra-high definition airborne magnetic survey to enhance tungsten drill targeting.
"The new airborne survey results along withour initial Phase 1 fieldwork assays as well as the Phase 2 results are all expected in the coming weeks,ahead of the start of the first ever RC drilling of this exciting tungsten project in the NT."
Geophysical Review and Upcoming Survey Program
Stelar has recently completed a detailed review of airborne and modern satellite imagery to assess the optimum search tools for vein and alteration hosted tungsten mineralisation at its flagship Hill of Leaders tungsten project.
The known tungsten-rich vein sets observed at historical mines and workings at HOL occupy subtle structures and alteration zones in the Hill of Leaders Granite. Stelar's upcoming UHD survey will see through the shallow cover adjacent to many of the historic tungsten workings to locate these structures and faults to optimise upcoming drill site selection.
Stelar's independent geophysicist review concluded that airborne magnetics is the primary search tool for this structural setting. The best-available public domain aeromagnetic imagery is from dated surveys flown 20 or more years ago. Therefore, Stelar has initiated a low-level ultra-high definition (UHD) magnetic-radiometric survey over a 25 square kilometre area centred on the high-grade Hill of Leaders tungsten mine.
Airborne magnetics is widely used in exploration for all mineral commodities. More specifically, modern UHD surveys have been successful in vectoring subtle structural features associated with high-value metallic deposits.
The Hill of Leaders UHD survey will be flown at a line spacing of just 25 metres and height of 30 metres. It will employ a caesium vapour magnetometer to measure the earth's magnetic field to a resolution of 0.001 nano-Tesla.
Commissioned in June, the survey has been fast-tracked with completion expected by mid-July. Stelar will outsource the processing and interpretation of the new UHD data to external consultants using AI-powered algorithms to interrogate the information.
It is anticipated this detailed survey will generate further potentialtungsten targets to be incorporated in the upcoming RC drilling program commencing at the end of July.
Next Steps
- Imminent - Phase 1 fieldwork assays
- Mid-July - UHD Airborne Survey
- Late-July - Phase 2 fieldwork assays
- Late July / Early Aug (target) - Phase 1 RC drilling commences (~3,000m over 3 sections)
- Q3 2026 - Phase 1 Diamond Drilling (~1,000m) to follow up RC results
- Q4 2026 onwards - Phase 2 RC/Diamond Drilling and Resource Drilling
Hill of Leaders Tungsten Project Background
The Hill of Leaders Tungsten Project is located on exploration licence EL33232, covering a large area of 445km2 in the world-class Tennant Creek mining region of the Northern Territory, approximately 80km from Tennant Creek and well serviced by major road and rail infrastructure connecting to Darwin Port.
Stelar has entered into a binding earn-in agreement1with private company F&H Brothers Metals Pty Ltd, where Stelar has the option to acquire 100% of the project within 12 months.
No bedrock drilling has ever been conducted beneath the mineralised surface vein swarms, representing a genuine first-mover discovery opportunity which Stelar is actively moving to test.
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/36JLKJ42
Stephen Biggins Executive Chair Stelar Metals Limited info@stelarmetals.com.au +61 8 8372 7881 Fiona Marshall White Noise Communication fiona@whitenoisecomms.com +61 400 512 10
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