Stellar Resources Completes Acquisition of Tasmania Project; Shares Down 3%

MT Newswires Live

02/10

Stellar Resources (ASX:SRZ) completed the acquisition of the Granite Tor project in Tasmania, covering an area of 122 square kilometers, according to a Tuesday filing with the Australian bourse.

The company plans to conduct soil and stream sampling programs to validate historic exploration and further define targets for exploration, per the filing.

Shares fell nearly 3% in midday trade on Tuesday.

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