Mr. Francois Lalonde reports

STELLAR AFRICAGOLD SELLS NAMARANA GOLD PROJECT, MALI

Stellar AfricaGold Inc. has sold the Namarana gold project, Mali.

Sale of Stellar Pacific Mali Sarl and Namarana gold project

The company has concluded an arm's-length sale of its 100-per-cent-owned Malian subsidiary, Stellar Pacific Mali SARL. Stellar Pacific Mali SARL is the sole owner of the Namarana gold project, the only project being developed by Stellar AfricaGold in Mali. The sale price for Stellar Pacific Mali SARL was 25 million West African francs (CFA), approximately $52,000.

The sale of Stellar Pacific Mali SARL including the Namarana gold project is an exempt disposition pursuant to TSX Venture Exchange Policy 5.3, Section 3.1(i).

Commentary

"I am pleased to report on the sale of Stellar's Mali subsidiary and the Namarana gold project," said Stellar president Francois Lalonde. "I wish to thank our Malian employees and contractors who have worked alongside with us over the years, but this opportunity came at the right time and the sale of this non-core Mali asset will enable management to focus its attention and Stellar's financial resources on the continued exploration of its core asset, the Tichka gold project in Morocco."

About Stellar AfricaGold Inc.

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

Stellar's principal exploration project is its advancing gold discovery at the 82-square-kilometre Tichka Est gold project in Morocco.

The company's head office in Vancouver, B.C. The company also has a representative office in Casablanca, Morocco.

We seek Safe Harbor.