18:54:23 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Stellar AfricaGold Inc
Symbol SPX
Shares Issued 111,352,450
Close 2023-10-10 C$ 0.015
Market Cap C$ 1,670,287
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Stellar AfricaGold resumes exploration works in Morocco

2023-10-11 12:29 ET - News Release

Mr. François Lalonde reports

STELLAR AFRICAGOLD - ROAD REHABILITATION RAMPS-UP AND EXPLORATION WORKS ARE RESUMED IN MOROCCO

The terrible earthquake that struck Morocco last month was in the vicinity of Stellar AfricaGold Inc.'s flagship Tichka Est gold project in the province of Al Haouz, Morocco.

Resumption of exploration works

Roadway infrastructure is improving rapidly following swift mobilization from Morocco's authorities. Last week, Stellar's geologist was able to use the rehabilitated national roads to access Anarghi Village and the Tichka Est gold property.

Stellar's geologist reported that a portion of Stellar's constructed nine-kilometre mountain road has been cleared by the communities, and the rest of the road shows limited rockslides that can be cleared over the coming weeks. Notwithstanding, Stellar's geologist was able to access Tichka Est's Structure B, the primary drill target of Stellar AfricaGold.

Stellar confirms that exploration works are continuing at Tichka Est gold project.

Donate now to support Moroccan earthquake relief

As part of Stellar's efforts to assist communities near its Tichka Est project, Stellar provided tents for the communities of the Anarghi's village whose homes were directly affected by the quake.

Stellar intends to maintain its GoFundMe campaign active so it urges all readers to make a donation, whether large or small, to this urgent campaign to help these small local communities that may otherwise be overlooked.

Director resignation

Stellar also announces that John Ryan has resigned as a director of the company. Mr. Ryan has been a board member for more than 10 years and the company thanks him for his services throughout that period.

About Tichka Est gold project, Morroco

The Tichka Est gold project, comprising seven permits aggregating 82 square kilometres, is in the High Atlas Mountain region of Morocco approximately 80 kilometres south-southwest of Marrakech, a region easily accessible year-round via national and regional roads to the village of Anarghi located near the mineralized gold zone. Follow-up on gold sampling results reported by ONHYM lead Stellar to the discovery of three extensive gold mineralized structures A, B and C.

About Stellar AfricaGold Inc.

Stellar AfricaGold is a Canadian precious metal exploration company listed on the TSX Venture Exchange under the symbol SPX, on the Tradegate Exchange under the symbol 6YP1 and on the Frankfurt Stock Exchange under the symbol 6YP1.

The company maintains offices in Vancouver, B.C., and in Montreal, Que., and has a representative office in Casablanca, Morocco.

Stellar's principal exploration projects are its advancing gold discovery at the Tichka Est gold project in Morocco as a 90-per-cent earn-in with its partner ONHYM, and its drill-ready Namarana gold project in Mali as well as the early-stage exploration permit of Djekanou in Ivory Coast.

The technical content of this press release has been reviewed and approved by M. Yassine Belkabir, MScDIC, CEng, MIMMM, a Stellar director and a qualified person as defined in National Instrument 43-101.

We seek Safe Harbor.

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