Stelar Metals announces high-grade copper discovery at Lone Pine Prospect

Stelar Metals Limited (ASX:SLB) has reported high-grade copper assays from the initial rock chip sampling at the Lone Pine Prospect, located 7.5 kilometres west of the Baratta Copper Mine. The assays returned up to 12.7% copper, with 7 out of 8 samples collected assaying over 5% copper. The company is pleased to announce these promising results, indicating the potential for significant copper mineralisation at the Lone Pine Prospect.

Executive Commentary on Lone Pine Prospect Discovery

The initial reconnaissance mapping and sampling at the Lone Pine Prospect have yielded highly encouraging results for Stelar Metals. The high-grade copper assays, particularly the sample with 12.7% copper, demonstrate the prospect's substantial potential. The geological similarities to the Central African Copper Belt further enhance the significance of this discovery. We are optimistic about the prospects of the Baratta Project and look forward to further exploration and sampling to uncover the full extent of the mineralisation at Lone Pine.

Summary of Stelar Metals' Lone Pine Prospect Discovery

Stelar Metals' discovery of high-grade copper at the Lone Pine Prospect presents a significant opportunity for the company. The assays, with samples returning up to 12.7% copper, indicate the presence of substantial mineralisation. The geological similarities to the Central African Copper Belt further underscore the prospect's potential. With further detailed mapping, sampling, and interpretation of historic geophysical datasets planned, Stelar Metals aims to unlock the full extent of the mineralisation at Lone Pine. This discovery aligns with the company's strategy of targeting critical minerals to meet the increasing global demand and achieve net zero emissions.