Stllr Gold Stock Price, News & Analysis

STLLR Gold has announced assay results from its exploration drilling at the Colomac Gold Project in Northwest Territories and the Tower Gold Project in Ontario. Key findings include 1.23 g/t Au over 59.00 m at the Colomac Main Deposit and 0.93 g/t Au over 51.00 m at Windjammer North. The Colomac drilling focused on previously underexplored southern zones, with significant new mineralization intersected in Zone 2.5. Windjammer North identified substantial gold mineralization, with major step-out drilling yielding promising results. CEO Keyvan Salehi expressed optimism about the potential growth in mineral resources at both projects, which remain open in several directions. Further assay results are anticipated in the coming weeks.

STLLR Gold announced significant assay results from its exploration drilling at the Colomac Gold Project in the Northwest Territories and the Tower Gold Project in Ontario. At the Colomac Main Deposit, a notable intersection of 1.97 g/t Au over 41.5 meters, including higher-grade zones, was reported. The Windjammer Central site yielded 0.88 g/t Au over 67.35 meters, and Windjammer South reported 6.52 g/t Au over 2.10 meters. CEO Keyvan Salehi highlighted promising results in areas outside known mineralization zones. Further updates are anticipated. The projects are focused on identifying potential high-grade gold zones and expanding known mineralization. Quality control procedures ensure reliable assay results.

STLLR Gold and Tlicho Investment (TIC) have announced a partnership to install a solar farm at the Colomac Gold Project in the Northwest Territories, Canada. Funded by the Canadian Northern Economic Development Agency (CanNor) with a grant of C$619,625, the two-year project aims to reduce diesel consumption by 86%, saving approximately 51,000 litres of diesel and cutting down 138 tonnes of CO2 emissions. The project includes the purchase and installation of solar panels, inverters, and batteries with an estimated lifespan of 25 years and 15 years respectively. This initiative underscores STLLR Gold's commitment to sustainable practices and cost reduction.

STLLR Gold announced proposed nominations to its Board, with Jennifer Wagner and Jamie Litchen standing for election at the upcoming virtual AGM on June 26, 2024. Wagner, a seasoned mining executive with significant experience in corporate governance, legal and corporate affairs, and M&A, previously served as Executive Vice-President at Kirkland Lake Gold. Litchen, a partner at Cassels Brock & Blackwell LLP, specializes in securities law, corporate finance, and M&A. Current Directors Edie Hofmeister and Krista Muhr will not stand for re-election.

STLLR Gold announces encouraging assay results from exploration drilling at the Tower Gold Project in Timmins, Ontario. Key highlights include:

- Hole MGH24-517: 0.73 g/t Au over 57.00 m, including 1.93 g/t Au over 12.00 m

- Hole MGH24-520: 2.79 g/t Au over 4.00 m

- Hole MGH24-519: 0.84 g/t Au over 21.00 m

Exploration commenced at the Colomac Gold Project targeting high-grade zones. Results are expected soon.

CEO Keyvan Salehi emphasized the immense exploration potential and the need for follow-up drilling based on positive results.

STLLR plans to test high-potential targets near the Tower Gold Project, with additional drilling near Windjammer and Discovery Deposits pending assay results.