STELLAR RESOURCES LIMITED — AGM Information 2007

Dec 4, 2007

Stellar Resources Limited AGM NOV07

SA / NSWPROJECT UPDATE

Forward Looking Statements

This presentation contains only a brief overview of Stellar Resources Limited ("Stellar") and its activities and operations. The contents of this presentation, including matters relating to the geology of Stellar's projects, may rely on various assumptions and subjective interpretations which it is not possible to detail in this presentation and which may not have been subject to any independent verification.

This presentation may contain a number of forward-looking statements. Known and unknown risks and uncertainties, and factors outside of Stellar's control, may cause the actual results, performance and achievements of Stellar to differ materially from those expressed or implied in this presentation. To the maximum extent permitted by law and stock exchange listing rules, Stellar does not warrant the accuracy, currency or completeness of the information in this presentation, nor the future performance of Stellar, and will not be responsible for any loss or damage arising from the use of the information.

OVERVIEW

The Contract of Constitution Constitution Constitution Constitution Constitution

STELLAR RESOURCES

TASMANIA
COLUMBUS

Carriewerloo

SUMMARY

的复数人名英格兰人姓氏沃尔德的变体 医心脏性 医心脏性 医心脏性 医心脏性 医心脏性 E PALAEOCHANNEL URANIUM NARRIOR /TORO JV URANIUMSA E IRON ORE E COOLYBRING / WILGENA HILL GOLDFINGER / PANAMA ROBINS RISE JV NORTH COOBER PEDY COWELL JV E PERNATTY E CARRIEWERLOO ; EAST WIRRIDA GOLD - TARCOOLA ; "SUNSHINE" п

WARRIOR / KINGOONYA

SUMMARY - Tarcoola U

MARK COMPANY, AND A REPORT OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A

Two Very Active JVs Example Terms For SRZ SO.5m spend by Toro - Warrior Just Set Set Set Set Set Set Set Set Set Se

TARCOOLA IRON ORE – COOLYBRING / WILGENA HILL

Iron ore market continues to strengthen Minimum price increase 30% 2008 expected Coolybring large tonnage magnetite project Close to railway

Product metallurgy more encouraging

Further drilling required to test true potential Approaches received to participate – under review

Tarcoola Magnetite

GOLDFINGER

Goldfinger - 07 Drilling

No. 2012年の場所の場合には、最ものですが、数万歳時

DEEP HOLES-7,8,10 TEST EM Pb, Zn, Cu, Co in Shallow Holes 9, 11

GOLDFINGER

• Diamond Drilling Hits Pb,Zn,Cu-Co On Western IP Zone – Section 545000E
• 60% Equity Earned Galena Hill Drill Intercepts Assessed. Continues to Indicate Significant Broken Hill style "system".

RAB DRILLING JAN 2008

GOLDFINGER – GALENA HILL

HISTORICALRAB vs DDHs HASOUTLINED POSSIBLEFOLD REPETITIONSOF LODE SEQUENCE FROM GOLDFINGERINTO GALENA HILL

RAB COVERAGEPLANNED

STUART SHELF - IOCGU

PROMINENT HILL OLYMPIC DAMCARRAPATEENA

STELLAR PROJECTSTOTAL >6000 SQ KMS

STUART SHELF - IOCGU

Mineral resource – 4,430 million tonnes at 1.1% copper, 0.4kilograms/tonne uranium and 0.5 grams/tonne gold

PROMINENT HILL PIT – OCT07

STUART SHELF - Carrapateena

CAR50 "PIPE"

LIKELY 300x200x900m

CAR02 "PIPE"Larger –Lower Grade?

ROBINS RISE / COOBER PEDY

ROBINS RISE / COOBER PEDY

ROBINS RISE / COOBER PEDY

INTENSE MAGNETIC ANOMALIES ON "G9" STRUCTURESNEW GRAVITY TARGETS – JV AREA AND NORTHERN 100%NT CLEARED FOR DRILLING – MARCH08

STUART SHELF - IOCGU

PROMINENT HILL OLYMPIC DAMCARRAPATEENA

PERNATTY - CURRENTLY DRILLING

$^{66}T1"$ CURRENT DEPTH 460m

TWO PRIORITY TARGETS ON NW STRUCTURE

PERNATTY

• 初期に関することがあります。 あたま (の) (の) (の) (の) (の) (の)

IOCGU - COWELL

"COWELL" PROJECT

N-WEST OF HISTORIC MOONTA / WALLAROO Cu

JV WITH REX MINERALS

EXISTING Cu INTERSECTIONS ON MAGNETIC TARGETS

COWELL "REX" JV- IOCGU

これまで、これにいるのはあるのが、最も同じ通りのことができ お供え 2000年間に登る2000年間の第2回

lemi-massive chalcopyrite-pyrite intersection in COD1 at 115.47m. This urned a result of 0.9m @ 3.26% Cu, 0.24 g/t Au, 2.4 g/t Ag.

FURTHER DRILLING ON GLENSEA Cu /U

NEW Fe TARGETS ON WESTERN "MIDDLEBACK" TREND

TARCOOLA GOLD - SUNSHINE

EXTENSIVE GOLDGEOCHEM ZONES

3 PRIORITY TARGETSFOR ARCHEAN"CHALLENGER"STYLE GOLD.

RC DRILLINGFEB08

SUMMARY

IRON ORE – ASSESSING OPTIONS TO FUND APPRAISAL DRILLING PROGRAMS OLYMPIC IOCGU BELT – DRILLING PERNATTY; DRILLING ROBINS RISE,COOBER PEDY;COWELL;CARRIEWERLOO – 1st Half 08. HIGH QUALITY URANIUM JV PROJECTS – WARRIOR (Toro) and URANIUMSA GOLDFINGER – EXTENSIVE RAB –Feb.08 TARCOOLA GOLD – DRILL SUNSHINE DEVELOPMENT PERSEVERANCE?

The drill and exploration results reported herein, insofar as they relate to mineralisation, are based on information compiled by Mr. C.G. Anderson (Fellow of the Australasian Institute of Mining and Metallurgy) who is a Director of the Company with more than twenty years experience in the field of activity being reported. Mr. Anderson consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. It should be noted that the abovementioned exploration results are preliminary.