Stellar AfricaGold - District-Scale Soil Sampling Defines Further Gold Exploration Targets at Zuénoula, Cote D’Ivoire
Vancouver, BC – March 11, 2026 Stellar AfricaGold Inc. (“Stellar” or the “Company”) provides the following update on the exploration progress at the Stellar-MetalsGrove Joint Venture Zuénoula Gold Project, Cote d’Ivoire.
Highlights
- A second gold exploration target designated as the Fifty-Five Area has been identified by district-scale soil sampling (1km × 1km) on Zuénoula.
- The Fifty-Five Area, situated 1km north of the Central Area (see News Release February 5, 2026), is defined by four gold anomalous soil samples over a strike length of 2.4 km. Infill (400 m x 400 m) soil sampling of a 10 km² area has been completed along the interpreted northeast (NE) structural trend. Assay results are pending.
- In the Central Area, infill soil sampling on a 400 m × 400 m grid has been completed, with PortablePPB assay results extending the strike length of the gold anomalous sample cluster to 3.4 km. Assay results are pending.
- The Central Area infill has been expanded to 20 km² to capture the potential northeast strike extension of this trend, with this additional 400 m × 400 m infill soil sampling also completed. Assay results are pending.
- Infill soil sampling of a third area - the South East Corner Area – on a 400 m by 400 m grid has also been completed to investigate a favourable structural target on the margin of a granite intrusion. Assay results are pending.
- All Fifty-five Area, Central Area and South East Corner infill soil samples will soon be delivered to Bureau Veritas laboratory in Abidjan this week for fire assay determination of gold – a total gold extraction technique. Assay results are expected in mid to late March.
- Coherent gold anomalous zones defined by these fire assay results will be infilled on a 100 m × 50 m grid as the final stage of soil sampling. This high density of sampling is required for target definition and drill hole planning.
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. subsidiary, MetalsGrove CDI Pty Ltd (MetalsGrove) to advance Stellar’s 395.78 square kilometer early-stage exploration permit called Zuénoula in Côte d’Ivoire. 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:
“We are pleased with the pace of exploration by MetalsGrove at the Zuénoula Gold Project and with the early results identifying now three areas of anomalous gold in the soil sampling. This is indeed very encouraging. I extend our continuing thanks to the MetalsGrove exploration team on this successful start.”
MetalsGrove Management Commentary
MetalsGrove Managing Director and CEO, Mr Lijun Yang, commented:
“The identification of a second gold target at the Fifty-Five Area highlights the scale and growing prospectivity of our Zuénoula PR750 permit. With soil sampling already infilled on a 400 m × 400 m grid and with all assay results pending, we are rapidly advancing this emerging target while continuing to expand the footprint of gold anomalism at the Central Area.
The recent PortablePPB results from the Central Area have extended the gold anomalous strike length to 3.4 km and the area of infill sampling increased to 20 km2 to capture the potential northeastern extension of this northeast-trending zone of gold anomalism. All infill sampling has been completed. Fire assay results from MSALabs in Yamoussoukro will provide a more definitive assessment of gold tenor and support detailed 100 m × 50 m follow-up sampling aimed at planning drill targets.”
Zuénoula Soil Sampling Update
Stellar is pleased to announce is pleased to announce that work on the Zuénoula permit has defined three exploration target areas that have been infilled with soil samples on 400m × 400m grids (Figure 1). Assay results are pending.
1. The Fifty-five Area: A northeast-trending alignment of three gold anomalous soil samples (11 - 55dU) extends over 2.4km within a 10 km2 area. Limited fire assay analysis also returned a soil sample assaying 23ppb Au. Infill sampling (400m x 400m) has been completed, and samples will be transported to Bureau Veritas in Abidjan for fire assay analysis of all samples this week.
2. The Central Area: A northeast-trending alignment of seven gold anomalous soil samples (11 - 50dU) extends over 3.4km within a 20 km2 area. Limited fire assay analysis returned soil samples assaying 49ppb Au (PortablePPB 33 dU) and 49 ppb (PortablePPB 19dU). Infill sampling (400m x 400m) has been completed, and samples will be transported to Bureau Veritas in Abidjan for fire assay analysis of all samples this week. A geologist is also currently mapping and collecting rock-chip samples for analysis.
3. The South East Corner: A favourable structural target located along contact of an interpreted elliptical granite has been covered by higher density sampling even though broad-spaced 1km x 1km soil samples did not return anomalous soil assays. Infill sampling (400m x 400m) has been completed, and samples will be transported to Bureau Veritas in Abidjan for fire assay analysis of all samples this week.
Figure 1. Zuénoula soil sampling progress and exploration targets (3) on aeromagnetic image (RTP)
The Fifty-Five Area, located 1km north of the Central Area, is defined by four gold anomalous soil samples over a strike length at 2.4 km. Infill (400 m x 400 m) soil sampling of a 10 km² area has been completed along an interpreted northeast (NE) structural trend. All infill soil assay results are pending.
Infill sampling of the initial 13km2 Central Area has been completed on a 400 m × 400 m grid and PortablePPB assays received (Figure 1). These results further increase the strike-length of the Central Area gold anomalous cluster (trend) to 3.4km. The Central Area has now been expanded to 20km2 to cover the NE-strike of this potential gold anomalous trend. Sampling has been completed and assay results are pending.
Infill soil sampling of the South East Corner Area on a 400 m × 400 m grid to investigate a favourable structural target located along the margin of an interpreted elliptical granite intruded into mafic volcanics has also been completed. Assay results are pending.
All Fifty-five Area, Central Area and South East Corner infill soil samples will soon be delivered to Bureau Veritas in Abidjan for fire assay determination of gold. Coherent gold anomalous zones defined by these fire assay results will then be used to plan the final stage of infill, with soils collected on a 100m × 50m grid. This density of sampling is required for target definition and drill hole planning.
About the Zuénoula Gold Project
The Stellar-MetalsGrove Zuénoula Gold Project is a joint venture exploration project between Stellar’s Ivorian subsidiary Aucrest SARL (“Aucrest”) and MetalsGrove Mining Ltd. subsidiary, MetalsGrove CDI Pty Ltd (MetalsGrove) to advance Stellar’s 395.78 square kilometer early-stage exploration permit in Côte d’Ivoire. The Zuénoula permit is strategically situated along the Abujar–Napié gold trend within the Oumé–Fetekro Birimian greenstone belt in central Côte d’Ivoire, 100km north of the Abujar Gold Mine and 160 km south of the Napié Gold Deposit.
Figure 2. Geology Map of the Central West Gold Project and Historical Exploration Results1
1 Historical BLEG results sourced from African Gold Limited Annual Report 2023; Historical Auger drilling result sourced from Ricca Resources Limited Financial Report for half year ending 31 December 2021.
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 Vavoua |
| Techniques | cut channels, random chips, or | PR-454. |
| specific specialized industry standard | ||
| measurement tools appropriate to the | Soil samples collected for Vavoua PR-454 | |
| minerals under investigation, such as | are to be assayed by fire assay at Bureau | |
| down hole gamma sondes, or | Veritas laboratory in Côte d’Ivoire, and | |
| handheld XRF instruments, etc.) These | selected samples analyses by PortablePPB | |
| examples should not be taken as | at the SEMS field compound in Zuénoula. | |
| limiting the broad meaning of | ||
| sampling. | SOIL SAMPLING STAGES | |
| • Include reference to measures taken | • Stage 1: Initial, permit-wide, broad- | |
| to ensure sample representivity and | spaced soil sampling on an 800m x 800m | |
| the appropriate calibration of any | grid | |
| measurement tools or systems used. | • Stage 2: Gold anomalous clusters and | |
| • Aspects of the determination of | trends defined by multiple anomalous soil | |
| mineralisation that are Material to the | samples are then infilled with soil | |
| Public Report. | samples collected on 400m x 400m grid. | |
| • Stage 3: Coherent gold soil anomalies are | ||
| In cases where ‘industry standard’ work | then infilled with soil samples collected | |
| has been done, this would be | on a 100m x 50m grid | |
| relatively simple (e.g. ‘reverse | • All samples are to be analysed by fire | |
| circulation drilling was used to obtain | assay at Bureau Veritas laboratory in Côte | |
| 1 m samples from which 3 kg was | d’Ivoire, with selected samples analysed | |
| pulverised to produce a 30 g charge for | by PortablePPB at the SEMS compound in | |
| fire assay’). In other cases, more | Zuénoula. | |
| explanation may be required, such as | • The assay results from this higher-density | |
| where there is coarse gold that has | sampling (100m x 50m) permit trenching | |
| inherent sampling problems. Unusual | and drilling to be planned. | |
| commodities or mineralisation types | ||
| (e.g. submarine nodules) may warrant | SOIL SAMPLING PROCEDURES | |
| disclosure of detailed information. | • The highly experienced consulting group | |
| SEMS Exploration Services (SEMS) has | ||
| been contracted by MGA to conduct the | ||
| soil sampling | ||
| • Up to 4 sampling crews may be active | ||
| • 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 | ||
| 50 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) and with selected | ||
| samples also analysed by PortablePPB | ||
| (LDL ~6dU ) | ||
| • Duplicate samples are collected every | ||
| 20th sample, certified reference material | ||
| (CRM) inserted every 20th samples and | ||
| blanks inserted every 20th sample | ||
| • PortablePPB is a partial gold extraction | ||
| technique, whereas fire assay is a total | ||
| gold extraction technique | ||
| • Samples are processed and stored at the | ||
| secure SEMS field compound in | ||
| Zuénoula. | ||
| 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 | |
| detail to support appropriate Mineral | colour, soil horizon, sample weight, | |
| Resource estimation, mining studies | slope, dominant grain size (clay, silt, | |
| and metallurgical studies. | sand), general topography, residual or | |
| • Whether logging is qualitative or | transported, proximity to artisanal | |
| quantitative in nature. Core (or | workings, other ground disturbances | |
| costean, channel, etc.) photography. | such as field plowing, and general land | |
| • The total length and percentage of | use (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 | • The 1000g -2mm soil fraction collected in |
| and Sample | taken. | the field is riffle split at the SEMS field |
| Preparation | • If non-core, whether riffled, tube | compound in Zuénoula into two 500g |
| sampled, rotary split, etc. and | sub-samples |
| whether sampled wet or dry. | • Selected 500g sub-samples are analysed | |
| • For all sample types, the nature, | by PortablePPB | |
| quality and appropriateness of the | • All 500g sub-samples are analysed by fire | |
| sample preparation technique. | assay at Bureau Veritas in Abidjan | |
| • Quality control procedures adopted | • The two 500g splits (sub-samples) of the | |
| for all sub-sampling stages to | initial 1000g sample are obtained using a | |
| maximise representivity of samples. | riffle splitter to ensure adequate mixing of | |
| • Measures taken to ensure that the | the 1000g field sample. | |
| 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 | PORTABLE-PPB ANALYSIS |
| Assay Data and | appropriateness of the assaying and | • Selected 500g sub-samples are analysed |
| Laboratory | laboratory procedures used and | using the patented detectORE™ process |
| Tests | whether the technique is considered | developed by Portable PPB Pty Ltd in |
| partial or total. | Australia | |
| • For geophysical tools, | • The process involves a partial extraction | |
| spectrometers, handheld XRF | using the safe, non-dangerous GLIX-20® | |
| instruments, etc., the parameters | reagent that is akin to traditional BLEG | |
| used in determining the analysis, | (which uses a cyanide leach) | |
| including instrument make and | • The 500g samples are added to the | |
| model, reading times, calibration | reagent and tumbled for 12 hours, into | |
| factors applied, and | which the detectORE™ collector device | |
| their derivation, etc. | had been inserted | |
| • Nature of quality control procedures | • After the bottle roll process has | |
| adopted (e.g. standards, blanks, | completed, the collector device is | |
| duplicates, external laboratory | removed, washed, and dried prior to | |
| checks) and whether acceptable | reading on a Vanta M (VMR) pXRF loaded | |
| levels of accuracy (i.e. lack of bias) | with Evident/Olympus’s detectORE™ | |
| and precision have been established. | mode | |
| • The entire process is managed using | ||
| Portable PPB’s Portable Lab Information | ||
| Management System (pLIMSTM), which | ||
| records all aspects of the sample | ||
| throughput, including QAQC and control | ||
| of the pXRF via the Application | ||
| Programming Interface to | ||
| Olympus/Evident’s co-developed | ||
| detectORE™ mode. | ||
| • Certified Collector Devices (CCDs) | ||
| supplied by PortablePPB with known | ||
| quantities of gold ranging from 0 -1000 | ||
| ppb are used to check that the pXRF was | ||
| functioning correctly and that the | ||
| instrument settings were as intended. | ||
| One CCD serves as a blank. | ||
| • The pLIMS software confirmed the | ||
| instrument settings are correct and the | ||
| VMR is operating as expected, controlled | ||
| by the pLIMS API and Evident’s | ||
| detectORE™ firmware. | ||
| Verification of | • The verification of significant | • The detectORE™ process is checked in |
| Sampling and | intersections by either independent | accordance with PortablePPB’s |
|---|---|---|
| Assaying | or alternative company personnel. | recommended processes and |
| • The use of twinned holes. | procedures. These include the insertion | |
| • Documentation of primary data, data | of 400g reference materials (RMs). | |
| entry procedures, data verification, | • The RMs comprise mixtures of | |
| data storage (physical and electronic) | commercial Certified Reference | |
| protocols. | Materials (CRMs) and barren regolith | |
| • Discuss any adjustments to assay | material. The RMs are of known, but | |
| data. | uncertified gold concentration and are | |
| used to check that the leach and collect | ||
| process has worked as intended during | ||
| the 12-hour bottle roll. | ||
| • RMs were inserted at a rate of 1 every 44 | ||
| samples throughout the sample | ||
| batches. The RMs were checked against | ||
| Portable PPB’s cloud-based database | ||
| and passed within the accepted | ||
| tolerance ranges for the technique, | ||
| currently 20% (3 sigma). | ||
| • The pXRF instrument settings are | ||
| checked using a range of Certified | ||
| Collector Devices, which are used to | ||
| confirm the pXRF is operating as | ||
| expected. The pXRF spectral files are | ||
| reviewed by Portable PPB’s cloud and | ||
| SME procedures. | ||
| FIRE ASSAY ANALYSIS | ||
| • All samples are analysed for gold by fire | ||
| at Bureau Veritas laboratory in Cote | ||
| d’Ivoire | ||
| • The original 1000g -2mm sample | ||
| collected in the field is split into two | ||
| 500g sub-samples using a riffle splitter. | ||
| One 500g sub-sample is kept as a | ||
| reference sample and may be used for | ||
| PortablePPB analysis. The second 500g | ||
| sub-sample is used for gold analysis by | ||
| fire assay (Lab Code: FE450, LDL 2ppb) | ||
| • At the laboratory, the 500g -2mm sub- | ||
| sample is dried and pulverised to 85% | ||
| 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 | |
| Mineral Resource estimation. | 29N) and sample descriptions are noted | |
| • Specification of the grid system used. | on a standard form in the field and | |
| • Quality and adequacy of topographic | entered on a computer of an evening | |
| control. | • GPS measurements of sample positions | |
| are sufficiently accurate for exploration | ||
| targeting of gold systems. | ||
| Data Spacing | • Data spacing for reporting Exploration | • An 800m by 800m offset grid pattern has |
| and | Results. | been adopted for the entire project area, |
| Distribution | • Whether the data spacing and | excluding areas of irrigated sugar cane |
| distribution is sufficient to establish | and villages. | |
| the degree of geological and grade | • Broad-spaced soil sampling (800m by | |
| continuity appropriate for the Mineral | 800m) 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 | |
| and 100m x 50m as the next phases of | ||
| sampling ahead of trenching 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 the -2mm sieved fraction of soil |
| security | security. | samples are collected in plastic bags, |
| assigned individual sample numbers and | ||
| transported to the secure SEMS lab and | ||
| compound in Zuénoula | ||
| • Samples are analysed by fire assay at | ||
| Bureau Veritas in Côte d’Ivoire and are | ||
| personally transported to the laboratory | ||
| by a senior member of the SEMS crew. | ||
| 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- |
| Land Tenure | material issues with third parties such as | 454 (granted), PR-1063 (application) and |
| Status | joint ventures, partnerships, overriding | PR-1102 (application) in Côte d’Ivoire, |
| royalties, native title interests, historical | MetalsGrove entered into another JV | |
| sites, wilderness or national park and | with TSX-V listing company Stellar | |
| environmental settings. | AfricaGold Inc. (Stellar) on PR-750 | |
| • The security of the tenure held at the time | Zuénoula. | |
| of reporting, along with any known | • Vavoua PR-454 was granted on 3 Dec | |
| impediments to obtaining a licence to | 2025 for an initial four-year period, | |
| operate in the area. | renewable for two additional three-year | |
| periods. | ||
| • The Vavoua permit is located with | ||
| Kounahiri West, Vavoua West and | ||
| Zuénoula 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 |
| Done by Other | exploration by other parties. | previous systematic exploration for gold |
| Parties. | having been conducted within either | |
| Vavoua PR-454, Vavoua West PR-1102, | ||
| Kounahiri West PR-1063 and Zuenoula | ||
| PR-750. | ||
| 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 | ||
| deposits | ||
| • 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 has been interpreted |
| Reporting | Exploration Results is not practicable, | by the MGA Exploration Manager who |
| representative reporting of both low and | has more than 40 years of gold | |
| high grades and/or widths should be | exploration experience. MGA assay | |
| practiced, avoiding misleading reporting | results are also interpreted with | |
| of Exploration Results. | reference to the surface geochemical | |
| expressions of more than 15 of the | ||
| major gold discoveries in Cote d’Ivoire. | ||
| Other | • Other exploration data, if meaningful and | • Any meaningful data and relevant |
| Substantive | material, should be reported, including | information have been included in the |
| Exploration | (but not limited to): geological | body of this release. |
| 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 | • Soil sampling has also commenced on |
| work (e.g. tests for lateral extensions, or | adjoining MGA-Stellar JV permit PR750 | |
| depth extensions, or large-scale step-out | Zuénoula | |
| drilling). | • Soil sampling will commence on | |
| • Diagrams clearly highlighting the areas of | adjoining permits PR1063 and PR1102 | |
| possible extensions, including the main | once decree of grant has been issued by | |
| geological interpretations and future | the Government of Côte d'Ivoire | |
| drilling areas, provided this information is | • The images included in this | |
| not commercially sensitive. | announcement show the location of soil | |
| sample sited, sampled and planned, in | ||
| the current programs. |