Heemskirk Tin Project - Tasmania

8 Scoping Study Greenlight STELLAR ■ Attractive rate of return and 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

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