Attached is a copy of Gippslands announcement relating to the
Heemskirk Tin Project (formerly known as the Zeehan Queen Hill deposit) which is
presently owned 60% by Stellar Resources Limited and 40% by Gippsland
Limited.
Gippsland has long recognised the significant value in this project
however not being the operator the Company was unable to instigate the work
programmes it would have preferred.
We welcome the vigour of a new, focused company in moving this excellent
project forward in the present buoyant environment for tin. This will benefit our shareholders by
giving Gippsland a market value for this asset.
Regards
Jack Telford
Executive Chairman
Gippsland Limited
www.gippslandltd.com
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