Stellar AfricaGold announces it has agreed to issue an aggregate 8,473,763 common shares in the capital of the Company at an agreed price of $0.025 per share to settle approximately $211,845 in debt with arms-length creditors. The board of directors and management of the Company believe that the proposed Shares for Debt Settlement is in the best interests of the Company because it allows the Company to preserve its [...]
Stellar AfricaGold reported last month that the terrible earthquake that struck Morocco was in the vicinity of Stellar's flagship Tichka Est Gold Project in the province of Al Haouz, Morocco. Resumption of Exploration Works Roadway infrastructure is improving rapidly following swift mobilization from Morocco's authorities. Last week, Stellar's geologist was able to use the rehabilitated national roads to access Anarghi [...]
Stellar AfricaGold Inc., would like to express heartfelt condolences to the Moroccan people and to the families of the victims of the recent earthquake in the province of Al Haouz. As part of its effort to help the local communities nearby its 'Tichka Est' project, Stellar Africagold provided some relief aid through the supply of tents to shelter some of Anarghi's population still suffering hardships from the quake. As [...]
J. François Lalonde, President and Chief Executive Officer of Stellar AfricaGold Inc., is pleased to announce: Modification to Zuénoula Licence Agreement Stellar has finalized an agreement regarding the Zuénoula Gold Licence in Côte d'Ivoire with Altus Strategies Ltd, a wholly owned subsidiary of TSX-V listed Elemental Altus Royalties Corp. to modify the existing property purchase agreement and [...]
Stellar AfricaGold Inc. is pleased to announce that advanced planning of the 2023 drilling program at Tichka Est Gold Project, Morocco is underway. A drill program, which will focus on Structure B where recent surface trenching returned very positive results including Trench MT1 which assayed 3.50 g/t gold over 155.7 meters, is expected to commence during Q2, 2023. B ZONE The identified B Zone structures are within an [...]
J. François Lalonde, President and Chief Executive Officer of Stellar AfricaGold Inc. is pleased to announce: Modification to Zuénoula Licence Agreement Stellar has reached an agreement regarding the Zuénoula Gold Licence in Côte d'Ivoire with Altus Strategies Ltd, a wholly owned subsidiary of TSX-V listed Elemental Altus Royalties Corp. to modify the existing property purchase agreement and [...]
Stellar AfricaGold Inc., is pleased to announce the discovery of additional gold mineralized structures associated to diorite intrusions at Tichka Est Zone B and its surrounding areas. Mapping of Diorite Intrusions and Discovery of Additional Gold Structures Following up on the impressive assay results from the mechanical trench cutting across a diorite body at Zone B at the Tichka Est Gold Project, Morocco Stellar's [...]
J. François Lalonde, President and Chief Executive Officer of Stellar AfricaGold Inc. announces the results of its annual meeting of shareholders held on December 31st, 2022. At the Meeting, all matters presented for approval by management were duly authorized and approved, as follows: Election of the directors as proposed in the Company's Management Information Circular dated November 28, 2022; Appointment of Auditor [...]
Stellar AfricaGold Inc. is pleased to announce that exploration activities are continuing at Tichka-Est gold project in the Atlas Mountain region of Morocco. 2023 Diamond Drill Campaign A field team composed of two experienced geologists and assistants is mapping the mineralization exposed by recent road cuts, and after interpretation the geological model for Tichka Est will be updated to include newly identified areas of [...]
Stellar AfricaGold Inc. is pleased to announce the results of its initial RC drilling campaign of the B Zone of the Tichka-Est project in Morocco. In this campaign 20 RC holes totalling 1,182 metres were attempted. Seven holes were abandoned due to downhole rock mechanic's problems, and the azimuth and drilling angle of 5 other holes were changed during the program as the geologic structure was reinterpreted. Of the [...]
Stellar AfricaGold Inc. is pleased to announce that the approximately 15-hole 2,000 meters Phase-1 drilling program at the Tichka-Est B-Structure is progressing well. Thus far, the Company has been able to adapt to the inherent difficulties of drilling in steep mountain terrains with slopes in the range of 45 degrees. To date, nine holes totalling 825 metres have been completed and based on visual observation in the RC [...]
Stellar AfricaGold Inc. is pleased to announce that the Phase I drilling program has begun at the B-structure and that a new gold-bearing structure has been discovered at Stellar's Tichka Est Gold Project. Commentary "The commencement of the Phase I drilling program of the B-structure is definitely an important milestone for Stellar and its exciting Tichka Est Project Gold Project" declared Stellar's VP Exploration and [...]