Stellar AfricaGold - 10,000M Auger Drilling Planned to Test 7 Potential Drill Target Areas at the Zuénoula Permit, Côte D’Ivoire
Vancouver, BC – June 23, 2026 Stellar AfricaGold Inc. (“Stellar” or the “Company”) (TSXV: SPX, TGAT: 6YP and FSX: 6YP) is pleased to announce a 10,000 meter auger drill program at the Stellar-MetalsGrove Joint Venture Zuénoula Gold Project, Cote d’Ivoire.
Highlights
- Joint venture operator MetalsGrove Mining Ltd. (“MetalsGrove”) has consolidated the
exploration targets at the Zuénoula Permit into four principal prospects - Fifty-Five, Central, South East and South West Prospects following ongoing technical review and field verification of multiple gold anomalies.
- A two-rig, two-stage 10,000-meter auger drilling program is planned to test gold
anomalous clusters at the Fifty-Five, Central and South East Prospects, with mobilisation and commencement targeted for end June.
- Recent soil geochemistry interpretation has defined a total of 7 Potential Drill Targets
within the consolidated 4 prospects on the permit. These targets will be progressively refined through ongoing infill soil sampling and auger drilling before drilled by Aircore/Reverse Circulation (AC/RC) or diamond drilling (DD) from late 2026.
- Infill soil sampling programs continue across all four prospects at varying grid spacings,
with results continuing to enhance target definition and prioritisation for drill testing.
About the Stellar-MetalsGrove Joint Venture Zuénoula Gold Project, Cote d’Ivoire.
The Stellar-MetalsGrove Zuénoula Gold Project is a joint venture exploration project between Stellar’s Ivorian subsidiary Aucrest SARL (“Aucrest”) and MetalsGrove Mining Ltd.’s Ivorian subsidiary MetalsGrove CDI Pty Ltd (MetalsGrove) to advance Stellar’s 395.78 square kilometer early-stage exploration permit called Zuénoula in Côte d’Ivoire (see Figure 2 below). Pursuant to the joint venture agreement MetalsGrove, the project operator, may earn up to a 50% interest in the Zuénoula Gold Project by incurring US$3,000,000 in exploration expenditures and up to an 80% interest in the Zuénoula Gold Project by incurring a total of US$6,000,000 in exploration expenditures. (For further details of the Stellar-MetalsGrove Joint Venture Agreement see Stellar news release December 9, 2025.)
Stellar Management Commentary
Stellar President and CEO J. François Lalonde commented:
"Following extensive soil sampling and target refinement, the joint venture exploration team has consolidated the Zuénoula Permit into four principal prospect areas and are preparing to commence a 10,000-meter auger drilling program across the 7 defined potential drill targets. The program is designed to test the bedrock potential beneath surface gold anomalies and represents a critical step towards AC, RC and diamond drilling later this year.
The definition of seven potential drill targets marks an important milestone in the systematic exploration approach and highlights the growing scale and prospectivity of the Zuénoula Gold Project. Several targets exhibit kilometre-scale strike lengths and remain open to further refinement through ongoing infill soil sampling. With more than 1,700 soil samples currently awaiting assay results, there is significant potential to further expand these targets and discover more targets across the permit.
We look forward to updating shareholders as auger drilling commences and additional soil sampling assay results continue to strengthen the discovery potential at Zuénoula."
MULTIPLE NORTHEAST-TRENDING GOLD ANOMALOUS TRENDS IDENTIFIED
Stellar is pleased to announce the planned commencement of a two-rig, two-stage, 10,000 meter auger drilling program at its Zuénoula Permit in Côte d’Ivoire to test the area’s seven potential drill targets defined from multiple gold anomalies identified through the Company’s systematic soil geochemistry programs.
The joint venture operator has consolidated the exploration targets at the Zuénoula Permit into four principal prospects following ongoing technical review and field verification of multiple gold anomalies identified from completed various surface soil sampling programs to date (Figure 1). The Fifty-Five Prospect now incorporates the original Fifty-Five Prospect and its northeastern extension, while the South East Prospect combines the former Konezra Prospect with the South East Prospect. The Central Prospect and South West Prospect remain unchanged from previous reporting. This refinement provides a clearer framework for exploration targeting and reflects the Company's growing understanding of the distribution and continuity of gold anomalism across the project area.
Figure 1. Zuénoula Soil Sampling Progress Across the Four Consolidated Exploration Prospects A two-rig, two-stage, 10,000 m auger drilling program within the Fifty-Five, Central and South East Prospects has been designed (Figure 2) to test the most significant gold anomalous clusters identified. Stage 1 will comprise approximately 5,000m of drilling on a nominal 400m × 50m drill pattern, followed by Stage 2 infill drilling on a 250m × 25m spacing, subject to the results obtained from the initial phase. Auger drilling is planned to an average depth of approximately five metres to test the mineralisation potential from the upper saprolite horizon. Results from ongoing soil infill programs across all three auger target areas will be incorporated into final drill planning to further refine and optimise drill line locations prior to commencement. The two-rig mobilisation and commencement date is scheduled for
end June 2026.
Interpretation of the current soil geochemistry dataset (Figure 1 & Table 1) has increased the definition of potential drill targets to 7 (Figure 2), each exhibiting kilometre-scale prospective strike length (Figure 3 and 4). These targets will continue to be refined through ongoing infill soil sampling and auger drilling programs, with the objective of defining coherent bedrock-related mineralisation suitable for follow-up AC/RC or DD from late 2026.
Infill soil sampling continues at varying grid spacings across all four prospects at the Zuénoula Permit. To date, assay results have been received for 1,617 soil samples, while a further 1,755 samples are awaiting laboratory analysis. An additional 306 samples are scheduled for collection.
Figure 2. Planned Auger Drilling Areas and 7 Potential Drill Targets Defined at Zuénoula Permit
Figure 3. Planned Auger Drilling Areas and Potential Drill Targets Defined at Fifty-five and Central Prospects
Figure 4. Planned Auger Drilling Area and Potential Drill Targets at South East Prospect
Next Phases of Work
The Company has planned the following next phases of exploration programs to advance the identification of new potential drill targets and refine existing potential drill targets for drill testing:
- Auger drilling:
- Auger drilling across 3 Prospects: 10,000 meters in 2 stages.
- Soil Sampling:
- Fifty-Five Prospect NE: 200m*200m (pending sampling)
- South East Prospect: 200m*200m (pending assay results)
- Fifty-Five Prospect: 2000*50m (pending assay results)
- Central Prospect: 2000*50m (pending assay results)
- Five-Five Prospect East: 200*200m (pending assay results)
- South West Prospect: 400m*400m (pending assay results)
Qualified Person
The technical information contained in this release has been reviewed and approved by Mr. Robert Perring, a current member of the Australian Institute of Geoscientists (MAIG) and Exploration Manager of MetalsGrove Mining Limited. Mr. Perring is a Qualified Person under National Instrument 43-101.
About Stellar Africagold Inc.
Stellar AfricaGold Inc. is a Canadian precious metal exploration company focused on precious metals in North and West Africa, with active programs in Morocco and Côte d’Ivoire. Stellar’s principal exploration projects are its advancing gold discovery at the Tichka Est Gold Project in Morocco, and its early-stage exploration Zuénoula Gold Project in Côte d’Ivoire which is operated in Joint Venture with MetalsGrove Mining Ltd subsidiary, MetalsGrove CDI Pty Ltd.
The Company is listed on the TSX Venture Exchange symbol TSX.V: SPX, the Tradegate Exchange TGAT: 6YP and the Frankfurt Stock Exchange FSX: 6YP.
The Company maintains its head office in Vancouver, BC and has a country office in Marrakech, Morocco.
QA/QC
JORC Code, 2012 Edition – Table 1 Section 1- Sampling Techniques and Data
| Criteria | JORC Code Explanation | Commentary |
|---|---|---|
| Sampling | • Nature and quality of sampling (e.g. | No drilling has been undertaken on Zuénoula |
| Techniques | cut channels, random chips, or | PR-750 |
| specific specialized industry standard | ||
| measurement tools appropriate to the | All soil samples collected on Zuénoula PR- | |
| minerals under investigation, such as | 750 have been analysed for gold by fire assay | |
| down hole gamma sondes, or | at Bureau Veritas laboratory in Abidjan, Côte | |
| handheld XRF instruments, etc.) These | d’Ivoire. | |
| examples should not be taken as | ||
| limiting the broad meaning of | SOIL SAMPLING STAGES | |
| sampling. | • Stage 1: Initial, permit-wide, broad- | |
| • Include reference to measures taken | spaced soil sampling on 1000m x 1000m | |
| to ensure sample representivity and | grid | |
| the appropriate calibration of any | • Stage 2: Gold anomalous clusters and | |
| measurement tools or systems used. | trends defined by multiple anomalous soil | |
| • Aspects of the determination of | samples (+20ppb Au) are then infilled with | |
| mineralisation that are Material to the | soil samples collected on 400m x 400m | |
| Public Report. | grid | |
| • Stage 3: Coherent gold soil anomalies are | ||
| In cases where ‘industry standard’ work | then infilled with soil samples collected on | |
| has been done, this would be | 200m x 200m grid | |
| relatively simple (e.g. ‘reverse | • Stage 4: Higher density 200m x 50m soil | |
| circulation drilling was used to obtain | sampling to sharpen definition of gold soil | |
| 1 m samples from which 3 kg was | anomalies | |
| pulverised to produce a 30 g charge for | • Stage 5: Augering and trenching of | |
| fire assay’). In other cases, more | coherent gold soil anomalies | |
| explanation may be required, such as | • Stage 6: Drill testing of gold soil and auger | |
| where there is coarse gold that has | anomalies. | |
| inherent sampling problems. Unusual | ||
| commodities or mineralisation types | SOIL SAMPLING PROCEDURES | |
| (e.g. submarine nodules) may warrant | • MGA has contracted the experienced | |
| disclosure of detailed information. | consulting group SEMS Exploration | |
| Services (SEMS) to conduct all soil | ||
| sampling | ||
| • Up to four sampling crews may be active at | ||
| any one time | ||
| • The MGA Exploration Manager was onsite | ||
| at the start of the field program to instruct | ||
| the sampling crew on the Standard | ||
| Sampling Procedure required by MGA | ||
| • MGA provided SEMS Exploration Services | ||
| with an Excel table listing the designated | ||
| sample point locations using WGS-84 UTM | ||
| zone 29N coordinates | ||
| • Each soil sample is collected from within | ||
| 20 metres of the designated sample point, | ||
| with the actual sample point then | ||
| recorded | ||
| • At each sample point: 1) the organic rich | ||
| soil is brushed away, 2) a 40cm deep hole |
| dug and the sample collected by taking a | ||
|---|---|---|
| channel-cut along the bottom 20cm of the | ||
| hole, 3) 1000g of the minus 2mm sieved | ||
| fraction of each sample is collected from | ||
| the sample point, 4) gold is determined by | ||
| fire assay (LDL 2ppb) | ||
| • Duplicate samples are collected every | ||
| 20th sample, certified reference material | ||
| (CRM) inserted every 20th sample, and | ||
| blanks inserted every 20th sample. | ||
| • Samples are stored at the secure SEMS | ||
| field compound in Zuénoula prior to | ||
| transport to Bureau Veritas in Abidjan of | ||
| gold analysis. | ||
| Drilling | • Drill type (e.g. core, reverse | • No drilling has been undertaken. |
| Techniques | circulation, open-hole hammer, rotary | |
| air blast, auger, Bangka, sonic, etc.) | ||
| and details (e.g. core diameter, triple | ||
| or standard tube, depth of diamond tails, | ||
| face-sampling bit or other type, whether core | ||
| is oriented and if so, by what method, etc). | ||
| Drill Sample | • Method of recording and assessing | • No drilling has been undertaken. |
| Recovery | core and chip sample recoveries and | |
| results assessed. | ||
| • Measures taken to maximise sample | ||
| recovery and ensure representative | ||
| nature of the samples. | ||
| • Whether a relationship exists between | ||
| sample recovery and grade, and | ||
| whether sample bias may have | ||
| occurred due to preferential loss/gain | ||
| of fine/coarse material. | ||
| Logging | • Whether core and chip samples | • No drilling has been undertaken |
| have been geologically and | • Soil samples are comprehensively logged | |
| geotechnically logged to a level of | for a range of parameters including colour, | |
| detail to support appropriate Mineral | soil horizon, sample weight, slope, | |
| Resource estimation, mining studies | dominant grain size (clay, silt, sand), | |
| and metallurgical studies. | general topography, residual or | |
| • Whether logging is qualitative or | transported, proximity to artisanal | |
| quantitative in nature. Core (or | workings, other ground disturbances such | |
| costean, channel, etc.) photography. | as field plowing, and general land use | |
| • The total length and percentage of | (grassland, plantation, crop, etc.). | |
| the relevant intersections logged. | ||
| Sub-sampling | • If core, whether cut or sawn and | • No drilling has been undertaken |
| Techniques | whether quarter, half or all core | • No sub-sampling of the 1000g soil |
| and Sample | taken. | samples is undertaken prior to the sample |
| Preparation | • If non-core, whether riffled, tube | arriving at Bureau Veritas laboratory |
| sampled, rotary split, etc. and | • At Bureau Veritas, the entire 1000g sample | |
| whether sampled wet or dry. | is pulped prior to the laboratory taking a | |
| • For all sample types, the nature, | 50g split for lead collection fire assay | |
| quality and appropriateness of the | determination of gold concentration. | |
| sample preparation technique. |
| • Quality control procedures adopted | ||
|---|---|---|
| for all sub-sampling stages to | ||
| maximise representivity of samples. | ||
| • Measures taken to ensure that the | ||
| sampling is representative of the in- | ||
| situ material collected, including, for | ||
| instance, results for field | ||
| duplicate/second-half sampling. | ||
| • Whether sample sizes are appropriate | ||
| to the grain size of the material being | ||
| sampled. | ||
| Quality of | • The nature, quality and | • Bureau Veritas is an internationally |
| Assay Data and | appropriateness of the assaying and | accredited assay laboratory located in |
| Laboratory | laboratory procedures used and | Abidjan, Cote d’Ivoire. |
| Tests | whether the technique is considered | • Assay results for all samples presented in |
| partial or total. | the announcement were determined by fire | |
| • For geophysical tools, | assay (Lab Code: FE450, LDL 2ppb), which | |
| spectrometers, handheld XRF | is a total gold extraction method for | |
| instruments, etc., the parameters | analysis. | |
| used in determining the analysis, | • The lower detection limit (LDL) of 2ppb is | |
| including instrument make and | considered appropriate for greenfields, | |
| model, reading times, calibration | early stage, exploration soil sampling | |
| factors applied, and | • Fire assay gold is considered one of the | |
| their derivation, etc. | most reliable assay techniques for gold | |
| • Nature of quality control procedures | analyses. | |
| adopted (e.g. standards, blanks, | ||
| duplicates, external laboratory | ||
| checks) and whether acceptable | ||
| levels of accuracy (i.e. lack of bias) | ||
| and precision have been established. | ||
| Verification of | • The verification of significant | FIRE ASSAY ANALYSIS |
| Sampling and | intersections by either independent | • All samples have been analysed for gold |
| Assaying | or alternative company personnel. | by fire assay at Bureau Veritas laboratory |
| • The use of twinned holes. | in Abidjan, Cote d’Ivoire | |
| • Documentation of primary data, data | • The 1000g -2mm sample collected in the | |
| entry procedures, data verification, | field is analysed for gold by fire assay (Lab | |
| data storage (physical and electronic) | Code: FE450, LDL 2ppb) | |
| protocols. | • At the laboratory, the 1000g -2mm | |
| • Discuss any adjustments to assay | sample is dried and pulverised to 85% | |
| data. | passing 75 microns. | |
| • This sample pulp is then mixed with a | ||
| combination of chemical reagents, which | ||
| when heated to high temperatures | ||
| results in the formation of a lead button | ||
| and slag. The lead button that contains | ||
| the precious metals (including gold) is | ||
| cupelled at high temperature. The lead is | ||
| adsorbed by the cupel leaving behind a | ||
| bead that contains the precious metals. | ||
| • The bead is acid digested and analysed | ||
| by AAS, with a lower detection limit of | ||
| 2ppb Au |
| Location of | • Accuracy and quality of surveys used | • A handheld GPS is used to locate the soil |
|---|---|---|
| Data Points | to locate drillholes (collar and down- | data positions, with a +/-5m vertical and |
| hole surveys), trenches, mine | horizontal accuracy | |
| workings and other locations used in | • Sample locations (UTM WGS-84 zone 29N) | |
| Mineral Resource estimation. | and sample descriptions are noted on a | |
| • Specification of the grid system used. | standard form in the field and entered on a | |
| • Quality and adequacy of topographic | computer. | |
| control. | • GPS measurements of sample positions | |
| are sufficiently accurate for exploration | ||
| targeting gold systems. | ||
| Data Spacing | • Data spacing for reporting Exploration | • An 1,000m x 1,000m offset grid pattern |
| and | Results. | has been adopted for the entire permit |
| Distribution | • Whether the data spacing and | area, excluding areas of irrigated sugar |
| distribution is sufficient to establish | cane and villages. | |
| the degree of geological and grade | • Broad-spaced soil sampling (1000m by | |
| continuity appropriate for the Mineral | 1000m) and low level gold fire assay | |
| Resource and Ore Reserve estimation | analysis (LDL 2ppb) is considered an | |
| procedure(s) and classifications | effective technique for identifying and | |
| applied. | delimiting gold anomalous clusters and | |
| • Whether sample compositing has | trends, which are then followed up with | |
| been applied. | higher density sampling at 400m × 400m, | |
| 200m x 200m, and in some areas 200m x | ||
| 50m, as the next phases of sampling | ||
| ahead of trenching, augering, and drill | ||
| testing of coherent gold soil anomalies. | ||
| Orientation | • Whether the orientation of sampling | • The sample location configuration has |
| of data in | achieves unbiased sampling of | been deliberately planned to avoid |
| relation to | possible structures and the extent to | directional bias. |
| geological al | which this is known, considering the | |
| structure | deposit type. | |
| • If the relationship between the drilling | ||
| orientation and the orientation of key | ||
| mineralised structures is considered to | ||
| have introduced a sampling bias, this | ||
| should be assessed and reported if | ||
| material. | ||
| Sample | • The measures taken to ensure sample | • 1000g of -2mm sieved fraction of soil |
| security | security. | samples are collected in plastic bags, |
| assigned individual sample numbers and | ||
| transported to the secure SEMS | ||
| compound in Zuénoula | ||
| • Samples have been analysed by fire assay | ||
| at Bureau Veritas in Côte d’Ivoire and were | ||
| personally transported to the laboratory | ||
| by a senior member of the MetalsGrove | ||
| Abidjan-based exploration team. | ||
| Audits or | • The results of any audits or reviews of | • The sampling and assay techniques |
| Reviews | sampling techniques and data. | adopted by MetalsGrove has been |
| effectively used in the Vavoua-Kounahiri | ||
| district, and more widely in Côte d’Ivoire, | ||
| to define drill targets and it is considered | ||
| an effective initial approach for defining | ||
| gold anomalous lithogeochemical trends. |
Section 2 - Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section.)
| Criteria | JORC Code Explanation | Commentary |
| Mineral | • Type, reference name/number, location | • Following the acquisition of the three |
| Tenement and | and ownership, including agreements or | Gemica joint venture (JV) permits PR-454 |
| Land Tenure | material issues with third parties such as | (granted), PR-1063 (application) and PR- |
| Status | joint ventures, partnerships, overriding | 1102 (application) in Côte d’Ivoire, |
| royalties, native title interests, historical | MetalsGrove entered another JV with | |
| sites, wilderness or national park and | TSX-V listing company Stellar AfricaGold | |
| environmental settings. | Inc. (Stellar) on PR-750 Zuénoula. | |
| • The security of the tenure held at the time | • Zuénoula PR-750 was granted on 17 April | |
| of reporting, along with any known | 2024 for an initial four-year period, | |
| impediments to obtaining a licence to | renewable for two additional three-year | |
| operate in the area. | periods. | |
| • The Zuénoula permit is located with | ||
| Kounahiri West, Vavoua and Vavoua | ||
| West permits occupy a combined area of | ||
| 1,315 km², strategically situated along | ||
| the Abujar–Napie gold trend within the | ||
| Oumé–Fetekro Birimian greenstone belt | ||
| in central west of Côte d’Ivoire, | ||
| approximately 100 km north of the | ||
| Abujar gold mine and 160 km south of the | ||
| Napié gold project. | ||
| Exploration | • Acknowledgement and appraisal of | • MetalsGrove is not aware of any previous |
| Done by Other | exploration by other parties. | systematic exploration for gold having |
| Parties. | been conducted within either Zuénoula | |
| PR-750, Vavoua PR-454, Vavoua West | ||
| PR-1102, or Kounahiri West PR-1063 | ||
| Geology | • Deposit type, geological setting, and style | • The Vavoua, Vavoua West, Kounahiri |
| of mineralisation. | West and Zuénoula permits are located | |
| in the central west of Côte d'Ivoire at the | ||
| south edge of the West Africa craton. | ||
| This region is the world’s largest | ||
| Proterozoic gold-producing region, and | ||
| Côte d’Ivoire contains 35% of the | ||
| region’s Birimian Group rocks, which | ||
| host multiple multi-million-ounce gold | ||
| ore systems. | ||
| • The GEMICA JV permits and Stellar JV | ||
| permit, together cover a combined area | ||
| of 1,315 km², and are strategically | ||
| situated along the Abujar–Napié gold | ||
| trend within the Oumé–Fetekro Birimian | ||
| greenstone belt, and are located | ||
| approximately 100 km north of the | ||
| Abujar gold mine and 160 km south of the | ||
| Napié gold project. |
| Drillhole | • A summary of all information material | • No drilling results are included in this |
| Information | to the understanding of the exploration | release. |
| results, including a tabulation of the | ||
| following information for all Material | ||
| drill holes: | ||
| • easting and northing of the drillhole collar | ||
| elevation or RL (Reduced Level – | ||
| elevation above sea level in metres) of | ||
| the drillhole collar dip and azimuth of the | ||
| hole | ||
| • down hole length and interception depth | ||
| hole length. | ||
| Data | • In reporting Exploration Results, | • No data aggregation methods were |
| Aggregation | weighting averaging techniques, | applied to the soil sampling data. |
| Methods | maximum and/or minimum grade | |
| truncations (e.g., cutting of high grades) | ||
| and cut-off grades are usually Material | ||
| and should be stated. | ||
| • Where aggregate intercepts incorporate | ||
| short lengths of high-grade results and | ||
| longer lengths of low-grade results, the | ||
| procedure used for such aggregation | ||
| should be stated, and some typical | ||
| examples of such aggregations should be | ||
| shown in detail. | ||
| • The assumption used for any reporting | ||
| of metal equivalent values should be | ||
| clearly stated. | ||
| Relationship | • If the geometry of mineralisation with | • Not applicable. |
| Between | respect to the drillhole angle is known, its | |
| Mineralisation | nature should be reported. | |
| Widths and | ||
| Intercept | ||
| Lengths | ||
| Diagrams | • Appropriate maps and sections (with | • See maps in the body of the report. |
| scales) and tabulations of intercepts | ||
| should be included for any significant | ||
| discovery being reported. These should | ||
| include, but not be limited to, a plan view | ||
| of drillhole collar locations and | ||
| appropriate sectional views. |
| Balanced | • Where comprehensive reporting of all | • The soil assay data was interpreted by |
|---|---|---|
| Reporting | Exploration Results is not practicable, | the MGA Exploration Manager who has |
| representative reporting of both low and | more than 40 years of gold exploration | |
| high grades and/or widths should be | experience. MGA assay results are also | |
| practiced, avoiding misleading reporting | interpreted with reference to the surface | |
| of Exploration Results. | geochemical expressions of more than | |
| 15 of the major gold discoveries in Cote | ||
| d’Ivoire. | ||
| Other | • Other exploration data, if meaningful and | • Not applicable. |
| Substantive | material, should be reported, including | |
| Exploration | (but not limited to): geological | |
| Data | observations; geophysical survey results; | |
| geochemical survey results; bulk | ||
| samples – size and method of treatment; | ||
| metallurgical test results; bulk density, | ||
| groundwater, geotechnical and rock | ||
| characteristics; potential deleterious or | ||
| contaminating substances. | ||
| Further Work | • The nature and scale of planned further | • Completion of 200m x 200m sampling at |
| work (e.g. tests for lateral extensions, or | Fifty-Five Prospect NE area. | |
| depth extensions, or large-scale step-out | • Plotting and interpreting the assay | |
| drilling). | results for the 1755 soil samples | |
| • Diagrams clearly highlighting the areas of | currently being assayed at Bureau | |
| possible extensions, including the main | Veritas. | |
| geological interpretations and future | • Start stage 1- 5,000 metres auger drilling | |
| drilling areas, provided this information is | at 400m x 50m spacing at refined 7 | |
| not commercially sensitive. | Potential Drill Targets area across Fifty- | |
| Five, Central and South East Prospects. |
Stellar’s President and CEO J. François Lalonde can be contacted at +1 514-9940654 or by email at [email protected]. Additional information is available on the Company’s website at
www.stellarafricagold.com.
On Behalf of the Board J. François Lalonde President & CEO
This news release contains “forward-looking statements” within the meaning of applicable Canadian securities laws, including statements which may not have been based solely on historical facts but rather may be based on the Company’s current expectations about future events and results. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis.
Forward-looking statements are based on expectations, estimates and projections as at the date of this news release and are subject to known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied. Such risks and uncertainties include, but are not limited to, exploration risk, mineral resource risk, the Company not achieving the production milestones described herein, changes in business plans or commodity prices, failure to obtain regulatory approvals, geopolitical country risk, and