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Stellar AfricaGold Inc (2)
Symbol SPX
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Close 2025-07-10 C$ 0.075
Market Cap C$ 2,981,458
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Stellar to begin drilling at Tichka Est Structure B

2025-07-10 19:18 ET - News Release

Mr. Jean-Francois Lalonde reports

STELLAR AFRICAGOLD CONFIRMS SUMMER DRILL PROGRAM AT PROMISING HIGH-GRADE GOLD TARGET AT STRUCTURE B TICHKA EST, MOROCCO

Stellar AfricaGold Inc. has made significant progress at its flagship Tichka Est gold project in Morocco's Western High Atlas. Recent field activities, including structural mapping, advanced 3-D modelling and surface sampling with grades up to 102 grams per tonne gold, have confirmed priority drill targets. Supported by recently extended access road construction and drill platform development, Stellar's summer drilling campaign is ready to launch.

Summer 2025 drill program

Stellar is initiating a 10-hole 1,500-metre diamond drill program at Tichka Est's Structure B in July, 2025. The program will test four primary targets:

  • Lateral and downdip continuity of the MT1 sill-hosted mineralization;
  • High-grade northeastern shear-hosted shoots;
  • Depth extensions of trench 7B dike and potential parallel dikes eastward;
  • Previously untested targets identified along the newly mapped faults and conjugate fractures.

Structure B is currently the most advanced target at the Tichka Est project, characterized by the presence of three mineralized horizons and at least two shear zones. Structural mapping and sampling indicate a complex deformation system controlling gold mineralization, including conjugate shears and northeast-trending fault corridors. High-grade gold has been intersected in both dioritic sills and intrusive dikes, with mineralized shoots interpreted to plunge gently to the north-northeast. These geological features, along with the scale and continuity of mineralization observed to date, position Structure B as the principal focus of the coming diamond drill program.

Structural interpretation and target confirmation

A detailed structural interpretation at Structure B, completed in the spring of 2025 and supported by external geological expertise, on-site geological mapping and digital 3-D modelling, has provided additional clarification of the controls of the gold mineralization. The conclusion of this analysis is that the controls of the gold mineralization appear to be the following:

  • Gold is predominantly hosted in northeast-trending, subvertical quartz-ankerite-arsenopyrite veins and diorite sills controlled by brittle deformation along major faults and conjugate splays.
  • Key intercepts in trench MT1 and trench 7B dikes plunge gently north-northeast, with additional mineralized sill-hosted gold observed to the northwest and projected at depth.
  • Despite complex faulting, deep intercepts suggest continuation of the system at depth. Drilling will focus on testing northeast-trending brittle structures and gently northeast-dipping shear corridors.

Structural mapping indicates that steeply west-dipping fractures and northeastern shears control high-grade mineralized shoots and that carbonate-sill contacts and dikes similar to those identified in trench 7B may host additional gold mineralization along the hinge of the anti-cline.

Commentary

Jean-Francois Lalonde, chief executive officer of Stellar AfricaGold, commented: "We are very encouraged by the exceptional gold grades from the surface mapping and sampling program, especially the 102 g/t Au chip sample result. Additionally, the refined structural model illustrates the significant exploration upside and the potential for the discovery of additional high-grade zones of gold mineralization at Tichka Est. The team's progress on drill platform and road construction is on schedule, and we are keen to start the drill campaign this July as planned."

Drill program preparation

Construction of new access roads and drill platforms is continuing. Road construction is challenging due to areas of hard limestone and the generally steep, rugged topography, both of which contributed to slower than initially projected progress. Despite these adverse working conditions, steady progress was made, and several drill platforms are complete and ready for the scheduled July, 2025, drill campaign.

Following interviews and tenders, a drilling contractor was selected, contractor duties and timelines were negotiated, and on July 3, 2025, a definitive drilling contract was signed. Mobilization activities are in process, and drilling is expected to start this month.

Structure B background information

Over the past three years, the Tichka Est gold project has been the subject of considerable mapping, sampling, trenching and an initial exploratory reverse circulation drill program. Three gold mineralized structures, designated structures A, B and C in chronological order of discovery, were identified by this early exploration.

At Structure B, a significant mechanical trench MT1 assayed 3.5 g/t Au over a 155.7-metre length (news release dated Oct. 4, 2022) determined that Structure B should be the primary target for the company's next drill campaign.

(For further details of trenching assays, see news releases of April 21, 2021, Oct. 6, 2021, Oct. 25, 2021, and Oct. 4, 2022. For further details of the RC drilling assays, see news release of Oct. 4, 2022.)

Spring 2025 mapping and sampling program reinforces Structure B's potential

As part of Stellar's overall exploration plan, geologists have continued to prospect, sample and map both within and in an expanding area around structures A, B and C. The first batch of samples from this continuing mapping and sampling campaign included 30 samples, with initial assay results revealing new high-grade vein systems and underscoring the Tichka Est property's strong exploration potential.

Chip samples from within and around Structure B yielded significant gold grades including 102 g/t Au, 34 g/t Au and 27 g/t Au from the diorite sill previously exposed by the first mechanical trench MT1 (3.5 g/t Au over 155.7 metres). Additionally chip sampling at Structure A yielded a sample of 31 g/t Au, and a newly discovered area between Structure A and Structure B yielded a sample of 25 g/t Au.

Technical information and quality control/quality assurance notes

Chip samples were collected by two experienced local geologists by breaking small chips of rock along veins or trench walls. The samples were bagged at the sampling site and stored in secure areas until being transported to African Laboratory for Mining and Environment in Marrakesh for fire assay analysis. The chip sampling program included sampling lengths over a range of 0.1 metre to 4.0 metres, the total chip samples ranged from 10 to 33 rock chips in each bag, and each sample bag weighed between 0.599 kilogram and 1.879 kg, with an average weight of 1.072 kg.

A total of 30 samples were sent to the lab for this program. In addition, for quality control purposes, two duplicate samples and one blank sample were included in the batch. The blank sample value was all below the detection limit for gold.

About Stellar AfricaGold Inc.

Stellar is a Canadian precious metal exploration company focused on precious metals in north and west Africa, with active programs in Morocco and Ivory Coast. Stellar's principal exploration projects are its advancing gold discovery at the Tichka Est gold project in Morocco and its early-stage exploration Zuenoula gold project in Ivory Coast.

The company is listed on the TSX Venture Exchange, the Tradegate Exchange and the Frankfurt Stock Exchange.

The company maintains its head office in Vancouver, B.C., and has a representative office in Casablanca, Morocco.

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

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