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Stellar Resources Plc (STG)     

Square Miler - 06 Dec 2013 00:16

Stellar Resources PLC has an experienced team of Directors who have all been involved in the acquisition and management of companies and assets in a number of industries with particular experience in natural resources.

On 23 November 2011 the company changed its investment strategy to include the natural resources sector; the company aims to provide a superior return by investing in exploration, development and production assets in the minerals and/or hydrocarbons sector.

In December 2011 Stellar Resources PLC acquired 49% of Gold Mines of Wales Ltd who holds a license to explore 120 square kilometres of the famous Dolgellau Gold belt in North Wales.


Latest News and Developments

Earlier in 2013 the company recorded impressive assay results from the Clogau mine where underground grab samples ranged from 263 grams/tonne of gold to 11.65 grams/tonne.A total of 16 of the 31 samples assayed were better than 31 grams per tonne,15 were above 62 grams and 10 above 93 grams.

Independent consultants Snowden report there could be as many as 500,000 ounces of gold lying untapped within the area of interest.

The company stated its aim to commence a trial mining plan before the end of 2013.


www.stellar-resources.com

skyhigh - 22 Nov 2014 17:51 - 7 of 7

Bought some last week.... good gold story developing plus anything pos+ from HH will be a bonus
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