Stellar AfricaGold updates Zuénoula Gold Project, Côte d’Ivoire, West Africa
Stellar AfricaGold Inc. [TSXV: SPX; TGAT: 6YP; FSX: 6YP] provided the following update on the exploration progress at the Stellar-MetalsGrove Joint Venture Zuénoula Gold Project, Côte d’Ivoire, West Africa.
Highlights: Multiple gold anomalous trends with a combined strike length of approximately 18km have been identified from three major gold anomalous areas by broad-spaced (400m x 400m, 200m x 200m) soil sampling results across the eastern portion of the Zuénoula permit.
Prospect 55 and NE extension: approximately 9km strike length; Central Prospect and NE-SW extension: approximately 4km strike length; Konezra Prospect and NE extension: approximately 5km strike length and the Fifty-Five Prospect and NE extension trends strike northeast with a peak soil value of 1,242 ppb Au (1.24 g/t Au) returned from the permit boundary.
In addition to the previously announced potential drill target in Fifty-Five Prospect area, a further potential drill target is defined in the Central Prospect area defined by NE-trending clusters of gold anomalous soil samples, greater than 3.5 km-long and open to the northeast with assays pending.
The NE-orientation of multiple gold anomalous trends is parallel to major regional structures, increasing confidence in the project’s gold discovery potential.
Three sampling crews are currently working to complete multiple expansive 200m x 50m infill soil sampling programs, with an additional 1,100 soil samples scheduled on Zuénoula Permit.
Auger drilling program considered feasible during the coming wet season (June – September) providing the potential for continued news flow during the wet season.
Definition of multiple potential drill targets by October 2026 is considered highly probable, with drilling expected to commence at the start of the dry season.
Assay results have been received for 1,617 soil samples with assays for a further 388 soil samples pending
About the Stellar-MetalsGrove Joint Venture Zuénoula Gold Project, Côte d’Ivoire.
The Stellar-MetalsGrove Zuénoula Gold Project is a joint venture exploration project between Stellar’s Ivorian subsidiary Aucrest SARL and MetalsGrove Mining Ltd.’s Ivorian subsidiary MetalsGrove CDI Pty Ltd to advance Stellar’s 395.78 km2 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.
François Lalonde, Stellar President and CEO, commented: “These latest soil sampling results continue to highlight the strong gold discovery potential emerging at our Zuénoula permit in central-west Côte d’Ivoire.”
“The emerging 18km combined multiple northeast-trending gold anomalous trends , including a peak soil sample assay result of 1.24 g/t gold located near the border of the Zuénoula permit, provides increasing confidence in the general northeast anomalous trend and reinforcing the broader district-scale potential of the Zuénoula permit.”
“With three field crews currently completing expansive infill soil sampling programs and further assay results pending, we believe the Stellar-MetalsGrove Joint Venture Zuénoula Gold Project is rapidly advancing towards the definition of multiple potential drill targets ahead of planned drilling activities later this year.”
Stellar reported that 18km combined multiple northeast-trending gold anomalous trends have been identified from three major gold anomalous areas by broad-spaced soil sampling programs completed on 400m x 400m and 200m x 200m spacing across the eastern portion of the Zuénoula Permit in Côte d’Ivoire.
At the Central Prospect, a further potential drill target has been identified from a northeast-trending cluster of gold anomalous soil samples over greater than 3.5 km-long which remains open to the northeast. The NE orientation of the soil anomalism is interpreted to reflect favourable structural controls associated with major regional fault systems in this highly prospective greenstone belt. Importantly, the general anomalous trends remain open to the northeast reinforcing the broader district-scale exploration potential of the Zuénoula Permit.
The Fifty-Five Prospect and NE extension stretches for approximately 9km and incudes a peak soil result of 1,242 ppb Au (1.24 g/t Au) located near the boundary of the Zuénoula Permit. The anomalous trends remain open to the northeast, reinforcing the broader district-scale exploration potential across MetalsGrove’s strategic landholding position.
The Central Prospect and NE-SW extension stretch for approximately 4km. A further potential drill target has been identified from a +3.5 km-long northeast-trending cluster of gold anomalous soil samples which remains open to the northeast. The NE- orientation of the soil anomalism is interpreted to reflect favourable structural controls associated with major regional fault systems in this highly prospective greenstone belt.
The Konezra Prospect and NE extension stretches for approximately 5km from current sample spacing of 400m x 400m and is pending further infill sampling.
The Joint Venture has integrated completed high-resolution LiDAR and orthophoto survey data imaging into the exploration interpretation process to assist with topographical analysis, drainage interpretation, geochemical dispersion assessment and planning of future infill soil sampling and auger drilling traverses. It is noteworthy that most of the very high soil sample results are located on the crests of the topography.
Three field crews are currently advancing multiple expansive 200m x 50m infill soil sampling programs designed to tighten target definition ahead of drilling, with approximately 1,500 additional soil samples scheduled. Assay results have now been received for 1,617 soil samples, with a further 388 samples pending laboratory analysis.
MetalsGrove, the Zuénoula Joint Venture Operator, considers that auger drilling during the upcoming wet season (June to September) to be feasible following positive site access assessment by the JV Exploration Manager. Auger drilling is expected to provide important geological and geochemical information beneath transported cover and assist in refining drill targeting ahead of planned RC and/or diamond drilling programs during the dry season.
Next Phases of Work: The Joint Venture has planned the following next phases of exploration programs to advance the identification of additional gold exploration targets: Central Prospect: Infill soil sampling on 200m x 50m grid (500 samples); Fifty-Five Prospect: Infill soil sampling on 200m x 50m grid (630 samples).
At the Zuénoula Permit, soil samples assaying above 70 ppb Au included 1,242 ppb gold, 583 ppb gold, 297 ppb gold, 272 ppb gold, 263 ppb gold, 200 ppb gold, ranging down to 72 ppb gold.
Stellar AfricaGold 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.