STELLAR RESOURCES LIMITED — AGM Information 2011

Oct 16, 2011

AGM Presentation AGM Presentation CEO Peter Blight

17 October 2011

Focused on tin

• Rapidly advancing Heemskirk Tin near Zeehan, Tasmania – single commodity - single project focus
• High grade tin development - established mining region
• Significant resource upside potential
• Positive scoping study takes project to pre-feasibility
• Pre-feasibility drilling underway
• Environmental scoping completed
• Project remains on target for production in 2014

Tin prices set to recover

Tin demand rising to 372,000 tonnes in 2011 Indonesia suspends exports from 1st October 2011 LME stocks down to 20kt or 20 days demand Price rebound to US$22,750/tonne

Growth dominated by solder

Source:ITRI

Tin recycling is becoming more important, particularly in China, and nowrepresents 22% of global demand

Where is tin mined?

Need for 80ktpa of new production

Source: ITRI

Not enough in ITRI project list

Company	Pjtroec	Citapacy
Minsru	SfRlilitanaaeangs	Peru	0075,
Sbtrmeyy	Sbtrmeyy	Kkhtaasanz	6005,
KbhRasaesorcesu	Ahhcmmac	Morocco	6005,
AiliUjimerangnu	NiiKhdlarsnnenu	Mliongoa	2005,
TMRLdt	Offhddsorereges	Idinonesa	0005,
MlXteas	Riltenas	Alitsraau	4000,
SllRtearesorcesu	Hkikeemsr	Alitsraau	4000,
VMiltenrenerasu	MLidtonnsauy	Alitsraau	3007,
PTTihma	OffDhDdeepsorereges	Idinonesa	3600,
CliddTiMitonsoaennes	GMttarne	Alitsraau	3200,
AdMiienngx	MPlttoneasanu	Cdanaa	3200,
DhRhffttesceosou	Gbttoeserg	Germany	3000,
YTinnannu	Whicangpngu	China	3000,
SihiWncaray	Cliiilitoqrangsu	Bliioav	2007,
SSilddteranarv	Piitrqasu	Aitrgenna	2005,

Source: ITRI

7

Total 62,700

Great location - multiple deposits

• 60% of Heemskirk plus 100% of St Dizier tindeposits
• Significant mining district
• Easy access to water &power
• Sealed road between both deposits
• Rail &road connect to Burnie port
• 18 km from Renison tin mine
• Yunnan Tin Group increasing its presence in the area

High Grade Resource

• Heemskirk Mineral Resource 4.4mt grading 1.1% tin 48kt of contained tin in 3 nearby deposits
• Queen Hill, 1.6Mt @1.2% tin as indicated resource
• All deposits open at depth
• Highest grade tin project with JORC resource

HkikMilReemsrneraesource
iDtepos	iIddtncae			fIdnerre		Tltoa
	kt	S%n	Sktn	kt	S%n	Sktn	kt	S%n	Sktn
QHilleenu	1600,	12	19				1600,	12	19
Mtonana				360	16	6	360	16	6
Seernv				2400,	09	23	2400,	09	23
Tltoa	1600,		19	2607,		29	4360,	11	48

cut-off grade 0.6% tin

9estimated on 3 March 2011 by Mining One Pty Ltd

High grade relative to project peers

Source: MetalsX

Grade %

Scoping study greenlight

• Internal rate of return of 21% & 3.5yr payback advance project to pre-feasibility stage
• US$12,780/t cash cost positions project competitively on the industry cost curve
• Life of mine revenue of $673 million net of smelter charges
• 600,000 tpa throughput over 7.6 years provides economies of scale
• 3,900 tpa of tin in concentrate production ranks project as 2nd in Australia to Renison Bell

Competitive cost structure

Cash cost estimates are provisional and used with permission from a forthcoming ITRI report.

Excellent exploration potential

Severn Long Section

Renison's numerous blind deposits

Source: MetalsX

Positive Metallurgy

• Traditional high-sulphide tin ore processing circuit proposed – comparable with Renison Bell circuit
• Tin present as cassiterite rather than more difficult to treat stannite
• Pre-concentration works well
• Good liberation characteristics down to finer fraction
• Mineral characterisation shows potential to produce 50% tin concentrate at 70% recovery

Feasibility Program

• Advanced tin project
• Positive scoping study outcome adds momentum
• Highest grade tin project with JORC resource
• Metallurgical testing on-going with positive outcomes
• Excellent exploration potential around known deposits
• Project located near mining infrastructure Well positioned to smelters in SE Asia & China

Disclaimer

Forward Looking Statement

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.

The drill and exploration results reported herein, insofar as they relate to mineralisation, are based on information compiled by Mr R.K. Hazeldene who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Hazeldene has sufficient experience relevant to the style of mineralisation and type of deposits being considered to qualify as a Competent Person as defined by the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code, 2004 Edition). Mr Hazeldene 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.

Stellar ResourcesLimited

Level 7 Exchange Tower, 530 Lt. Collins Street Melbourne VIC 3000 Phone +61 3 9909 7618 Fax +61 3 9909 7621 www.stellarresources.com.au