STELLAR RESOURCES LIMITED — Investor Presentation 2011

Jul 13, 2011

Heemskirk Tin Project - Tasmania

Corporate

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Focused on tin

• Rapidly advancing Heemskirk Tin near Zeehan,

• Tin market remains supportive

• 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 underway

• Project remains on target for production in 2014

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Tin prices set to recover

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LME Stocks
LME Price
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• Tin demand rising to 372,000 tonnes in 2011

• Supply shortfall of 6kt expected in 2011 – all in second half

• LME stocks peaking at 22kt or 22 days demand

• Price consolidating around US$25,000/tonne

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Growth dominated by solder

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Why is tin solder important?

• Tin solder preferred by electronics industry

• Meets legal requirement for lead free solder

• Non-toxic in manufacturing environment

• Better performance than other low melting point alloys

• Allows more efficient use & smaller circuit boards

• Design costs make switching expensive

• Lower cost metal than silver

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Where is tin mined?

Need for 80ktpa of new production

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Source: ITRI

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Not enough in ITRI project list

Company	Project	Country	Capacity
Minsur	San Rafael tailings	Peru	7,500
Syrymbet	Syrymbet	Kazakhstan	6,500
Kasbah Resources	Achmmach	Morocco	5,600
Amerilangui Ujin	Narsiin Khundlen	Mongolia	5,200
TMR Ltd	Offshore dredges	Indonesia	5,000
Metals X	Rentails	Australia	4,000
Stellar Resources	Heemskirk	Australia	4,000
Venture Minerals	Mount Lindsay	Australia	3,700
PT Timah	DeepOffshore Dredges	Indonesia	3,600
Consolidated Tin Mines	Mt Garnet	Australia	3,200
Adex Mining	Mount Pleasant	Canada	3,200
Deutsche Rohstoff	Gottesberg	Germany	3,000
Yunnan Tin	Wuchangping	China	3,000
Sinchi Wayra	Colquiri tailings	Bolivia	2,700
Silver Standard	Pirquitas	Argentina	2,500

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Great location - multiple deposits

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High Grade Resource

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	Heemskirk Mineral Resource	Heemskirk Mineral Resource
Deposit	Indicated kt % Sn kt Sn	Inferred kt % Sn kt Sn	Total
			kt % Sn kt Sn
Queen Hill Montana Severn	1,600 1.2 19	360 1.6 6 2,400 0.9 23	1,600 1.2 19 360 1.6 6 2,400 0.9 23
Total	1,600 19	2,760 29	4,360 1.1 48

cut-off grade 0.6% tin 11 estimated on 3 March 2011 by Mining One Pty Ltd

High grade relative to project peers

Source: MetalsX

Million Tonnes

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Scoping study greenlight

• Internal rate of return of 21% & 3.5yr payback

• US$12,780/t cash cost positions project

• Life of mine revenue of $673 million net of smelter

• 600,000 tpa throughput over 7.6 years provides

• 3,900 tpa of tin in concentrate production ranks

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Conservative project assumptions

Parameter

Units Assumption Comment

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Competitive cost structure

Current tin price & marginal cost of production US$25,000/t Heemskirk US$12,780/t Existing production Major new projects

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

Excellent exploration potential

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Renison’s numerous blind deposits

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Source: MetalsX

Positive Metallurgy

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Unlocking value

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How does Heemskirk compare?

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What does Stellar offer investors?

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Low Cost Opportunity

• Opportunity for re-rating & share price upside

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Disclaimer

Forward Looking Statement

Competent Person’s Statement

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Stellar Resources Limited 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