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			<p>UNITED STATES<br>
				SECURITIES AND EXCHANGE COMMISSION<br>
				Washington, D.C. 20549<br>
				<br>
				<b>FORM 8-K<br>
					<br>
				</b><b>CURRENT REPORT<br>
					<br>
				</b><b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934<br>
					<br>
				</b>Date of Report (Date of earliest event reported):<br>
				<b>October 5, 2006<br>
					<br>
				</b><b>STELLAR RESOURCES, LTD.<br>
				</b>(Exact name of registrant as specified in its charter)<br>
				<br>
				<b>Nevada</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>0-51400</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>98-0373867<br>
				</b>(State or jurisdiction&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Commission&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (I.R.S. Employer<br>
				of incorporation)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; File Number)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Identification No.)<br>
				<br>
				<b>3155 E. Patrick Lane, Suite 1, Las Vegas, Nevada &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89119</b>&nbsp; <br>
				(Address of principal executive offices)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Zip Code)<br>
				<br>
				Registrant&rsquo;s telephone number, including area code:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>702-898-6004</b>&nbsp;<br>
				<br>
				<b>Not applicable<br>
				</b>(Former name or former address, if changed since last report)<br>
				<br>
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			<p>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):<br>
				<br>
				[&nbsp;&nbsp;]&nbsp;&nbsp;&nbsp; Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
				[&nbsp;&nbsp;]&nbsp;&nbsp;&nbsp; Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240 . 14a-12)<br>
				[&nbsp;&nbsp;]&nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240 .14d-2(b))<br>
				[&nbsp;&nbsp;]&nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 13e-4&copy; under the Exchange Act (17 CFR 240 . 13e-4(c))<br>
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		<br>
		<b>Item 502. Departure of Directors or Principal Officers: Election of Directors: Appointment of Principal Officers.<br>
			<br>
		</b>On October 3<sup>rd</sup>, 2006, Stellar Resources, Ltd. (the &ldquo;Company&rdquo;) announced that Andrew Reid, is resigning his positions as Chief Executive Officer and President, and Jon Stewart is resigning in his position as a Director of the Board of Directors of the Company effective October 3<sup>rd</sup>, 2006.&nbsp; During this transition, we are pleased that, Kathy Whyte, will take the position as Chief Executive Officer and President and Dean Sellars, as a Director, whom have both supported the Company for a number of years, will step up and help direct their involvement in key decisions being made at the Company.<br>
		<br>
		<b>Item 9.01 Financial Statements and Exhibits<br>
			<br>
		</b><b>Exhibit No.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Description<br>
		</b>99.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Press Release dated October 3<sup>rd</sup> , 2006.<br>
		<br>
		<br>
		<b>SIGNATURE<br>
			<br>
		</b>Pursuant to the requirements of Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.<br>
		<br>
		Dated this 5<sup>th</sup>day of October, 2006.<br>
		<br>
		STELLAR RESOURCES, LTD.<br>
		<br>
		By:&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; /s/ Kathy Whyte, President,<br>
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer,<br>
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a member of the Board of Directors<br>
		<br>
		By:&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; /s/ Michael Rezac<br>
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Michael Rezac, Chief<br>
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial Officer, Principal<br>
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accounting Officer, Treasurer,<br>
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a member of the Board of Directors<br>
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{"company-data": {"conformed-name": "STELLAR RESOURCES LTD", "cik": "0001217027", "assigned-sic": "1000", "irs-number": "980373867", "state-of-incorporation": "NV"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-51400", "film-number": "061136410"}, "business-address": {"street1": "3155 E. PATRICK LANE", "street2": ".", "city": "LAS VEGAS", "state": "NV", "zip": "89120", "phone": "(702) 898-6004"}, "mail-address": {"street1": "3155 E. PATRICK LANE", "street2": ".", "city": "LAS VEGAS", "state": "NV", "zip": "89120"}}
Untitled Page
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
October 5, 2006
STELLAR RESOURCES, LTD.
(Exact name of registrant as specified in its charter)
Nevada
0-51400
98-0373867
(State or jurisdiction                  (Commission                (I.R.S. Employer
of incorporation)                       File Number)                Identification No.)
3155 E. Patrick Lane, Suite 1, Las Vegas, Nevada                           89119
(Address of principal executive offices)                                                 (Zip Code)
Registrant's telephone number, including area code:
702-898-6004
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[  ]    Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240 . 14a-12)
[  ]    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240 .14d-2(b))
[  ]    Pre-commencement communications pursuant to Rule 13e-4© under the Exchange Act (17 CFR 240 . 13e-4(c))
Item 502. Departure of Directors or Principal Officers: Election of Directors: Appointment of Principal Officers.
On October 3
rd
, 2006, Stellar Resources, Ltd. (the "Company") announced that Andrew Reid, is resigning his positions as Chief Executive Officer and President, and Jon Stewart is resigning in his position as a Director of the Board of Directors of the Company effective October 3
rd
, 2006.  During this transition, we are pleased that, Kathy Whyte, will take the position as Chief Executive Officer and President and Dean Sellars, as a Director, whom have both supported the Company for a number of years, will step up and help direct their involvement in key decisions being made at the Company.
Item 9.01 Financial Statements and Exhibits
Exhibit No.                 Description
99.1                             Press Release dated October 3
rd
, 2006.
SIGNATURE
Pursuant to the requirements of Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated this 5
th
day of October, 2006.
STELLAR RESOURCES, LTD.
By:       /s/ Kathy Whyte, President,
Chief Executive Officer,
a member of the Board of Directors
By:       /s/ Michael Rezac
Michael Rezac, Chief
Financial Officer, Principal
Accounting Officer, Treasurer,
a member of the Board of Directors
2