Stelar (ASX:SLB) goes two-fold on Linda project 

Stelar Metals has doubled the size of its targeted zinc soil anomaly within its 100%-owned Linda Zinc project in South Australia.  

Geological mapping has increased the project’s prospective zone across a 600m x 300m area with portable XRF results and soil results up to 0.7% Zn.  

With the initial geological mapping completed, Stellar Mines eagerly await the results of multiple rock samples and drive a course for action to define drill targets and optimise drill programs in the coming months. 

Stelar Metals’ initial broad-scale geological mapping suggests BHP’s historic drilling inadequately tested the site. 

The Company has since made discoveries of visible mineralisation outside of the prospect, returning strong zinc anomalism at the contact with the Linda Breccia to the west. 

“The new results doubling the size of the zinc target and identifying additional areas of anomalism at Linda zinc target is impressive and highlight the prospectivity of this region for zinc, a commodity which increasingly is in high demand and used to assist with global electrification though its use in new technology batteries,” Chief Executive Officer Colin Skidmore said. 

“The scale and particularly the direct shipping ore grade of the surface zinc mineralisation at Linda, which is similar to past zinc production from Perilya’s nearby Beltana Zinc Mine, is very encouraging and indicates to Stelar the potential for economic mineralisation at depth.” 

Price Action 

The Company’s ASX-listed shares have risen 11.11 per cent to 20c at Market Open. 

About the Linda Project 

The Linda Project is considered highly prospective for economic carbonate-hosted zinc. The initial Linda surface anomaly has been significantly extended both north and south. It now covers a 600m x 300m area, of which Stelar Metals has now collected and analysed over 2,250 soil sample locations. 

The Project has a comparable geological setting to the high-grade copper-zinc mineralisation at Kipushi in the Central African Copper Belt. The Project is underlain by Neoproterozoic to early Cambrian sedimentary rocks on the margin of a regional graben structure between two diapiric breccia bodies. These diapers and associated faults are considered an important fluid pathway for metal-bearing brines sourced from deep within the Adelaidean Geosyncline. The Cambrian Limestone sequence at Linda provides a suitable geological environment for depositing base metals in open-fill karst structures and as replacement mineralisation. CSA’s study reports that the Linda Project has elements of Irish Type and MVT mineralisation styles and that the geological setting strongly supports the view that the area is prospective for Kipushi-Beltana Type mineralisation. 

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