Mr. J-Francois Lalonde reports
STELLAR AFRICAGOLD ANNOUNCES 5,000-METER PHASE II DRILL PROGRAM FOR TICHKA EST GOLD PROJECT, MOROCCO
Stellar AfricaGold Inc.'s phase I exploratory diamond drilling campaign has been successfully completed, confirming proof of concept for the Tichka Est primary gold target. A 5,000-metre phase II drilling program is in the accelerated planning stage.
The company has mobilized additional equipment and field teams to advance delineation drilling within and around zone B, and is expanding regional exploration activities across its highly prospective land package.
Phase I exploratory drill campaign confirms geological model and gold mineralization
The recently completed drill campaign successfully intersected structurally controlled gold mineralization within the targeted shear-hosted quartz vein system in
zone B, validating the company's geological model and confirming continuity at depth of the gold mineralization identified at surface.
The results of the phase I diamond drill program support the company's exploration model that zone B of the Tichka Est gold project hosts a structurally controlled orogenic gold system with expansion potential.
Additional assay results from the completed program will be released once final analytical data have been received, validated and interpreted in accordance with National Instrument 43-101 standards.
The company emphasizes that the current results confirm geological continuity and proof of concept; additional drilling is required to determine the extent, grade continuity and potential economic significance of the mineralized zones.
Acceleration of exploration activities
Consequently, with the success of the phase I diamond drill program, Stellar has accelerated its field operations:
-
Second excavator mobilized on March 2, 2025, to advance mechanized surface trenching and extend access roads and drill pad development for the phase II drill program;
- Finalize plans and filed support logistics for a dedicated regional exploration team for mobilization March 15, 2025, to systematically evaluate priority satellite gold and silver targets across the 86-kilometre (km)
Tichka Est permits area.
The program acceleration reflects management's increasing confidence in the geological model, the gold and silver potential of Tichka Est, and management's commitment to advancing the project toward resource delineation as rapidly as possible.
Q2 (second quarter) 2026 planned activities
Zone B -- core target area:
- Structural mapping and reinterpretation of mineralized corridors;
- 3-D geological modelling incorporating new drill data;
- Determination of physical properties of mineralization from drill core (density, magnetic susceptibility, conductivity) to support indirect geophysical targeting;
- Design of accelerated phase II delineation drilling (5,000 metres (m) program);
- Construction of additional access roads.
Zone B extensions (north and south):
- Construction of access roads to priority extension targets;
- Phase II delineation drilling to test structural continuity.
Regional targets:
- Systematic geological mapping of stream-sediment campaign exploration targets;
- Diorite sampling program under way with four-acid digest multielement analysis.
Technical studies:
- High-resolution topographic survey;
- Remote sensing program including hyperspectral mapping to identify alteration signatures and target dioritic intrusions associated with gold mineralization.
Phase II -- 5,000-metre drill program
The company is currently finalizing logistics and targeting for a fully financed 5,000-metre phase II diamond drill program focused on:
- Expanding the surface and drill identified mineralization at zone B;
- Testing structural extensions;
- Evaluating depth continuity.
The objective of phase II is to systematically advance the exploration of the Tichka Est gold project toward a maiden mineral resource estimate, subject to sufficient drill density and geological continuity being demonstrated.
Management commentary
J-Francois Lalonde, chief executive officer of Stellar AfricaGold, commented:
"The successful completion of our phase I diamond drill campaign marks an important milestone for Stellar. The drill results received to date validate our structural model and confirm the presence of a robust gold system. With additional equipment mobilized and a fully funded 5,000-metre drill program in the planning stage, we are entering an accelerated growth phase."
Qualified person
The technical information contained in this news release has been reviewed and approved by Yassine Belkabir, CEng MIMMM, a Stellar director and a qualified person as defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects.
Mineralization described in this news release is exploratory in nature. There has been insufficient exploration to define a mineral resource and it is uncertain whether further exploration will result in the delineation of a mineral resource.
About Stellar AfricaGold Inc.
Stellar AfricaGold 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, 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 SPX, the Tradegate Exchange under the symbol 6YP and the Frankfurt Stock Exchange under the symbol 6YP.
The company maintains its head office in Vancouver, B.C., and has a country office in Marrakech, Morocco.
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