STLLR Gold Commences Tower Gold Project Environmental Baseline Studies

Rhea-AI Summary

STLLR Gold (TSX: STLR / OTCQX: STLRF) has begun comprehensive environmental baseline studies for the Tower Gold Project, with field work starting in fall 2025 and continuing for a minimum of two years. The program will build on existing data and provide the foundation for the federal Impact Assessment of the Tower Gold Project. Company leadership framed the studies as a critical milestone to support responsible project planning, regulatory rigor, and engagement with Indigenous communities and the public.

The studies are positioned to inform future planning and the federal impact review process but do not announce permits, financing, or production milestones.

Toronto, Ontario--(Newsfile Corp. - October 22, 2025) - STLLR Gold Inc. (TSX: STLR) (OTCQX: STLRF) (FSE: O9D) ("STLLR" or the "Company") is pleased to announce that comprehensive environmental baseline studies have commenced for the Tower Gold Project. Field-based components of these studies began in the fall of 2025 and will continue for a minimum of two years.

The program is intended to build upon existing data and provide the foundation for the federal Impact Assessment of the Tower Gold Project. These studies represent a critical milestone in advancing the project and can support responsible project planning and development.

Keyvan Salehi, CEO and President, commented, "Undertaking these environmental studies marks an important step forward for STLLR as we advance the Tower Gold Project in a transparent, responsible, and collaborative manner. We are committed to ensuring that our work is guided by sound science, regulatory rigor, and meaningful engagement with Indigenous communities and the public. We believe these studies will play a key role in shaping Tower to potentially create lasting value for all partners and stakeholders."

About STLLR Gold
STLLR Gold Inc. (TSX: STLR) (OTCQX: STLRF) (FSE: O9D) is a Canadian gold development company actively advancing high-potential gold projects in Canada: The Tower Gold Project and the Hollinger Tailings Project in the Timmins Mining Camp in Ontario and the Colomac Gold Project located north of Yellowknife, Northwest Territories. Tower and Colomac have the potential to become large-scale, long-life operations and are surrounded by exploration land with favourable upside potential. STLLR's experienced management team, with a track record of successfully advancing projects and operating mines, is working towards rapidly advancing these projects.

Contact Us

STLLR Gold Investor Relations
+1 (416) 863-2105 | investors@stllrgold.com | www.STLLRgold.com

Renmark Financial Communications Inc.
John Boidman, CPIR
+1 (416) 644-2020 or +1 (212)-812-7680 | jboidman@renmarkfinancial.com | www.renmarkfinancial.com

Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, information with respect to the completion of baseline environmental studies over the minimum two year period, the studies providing a foundation for the Federal Impact Assessment, and the ability for the results of the studies to build upon existing data, inform project planning and development, and Project's ability to create lasting value for all stakeholders. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "advancing", "working towards", "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved".

Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of STLLR to be materially different from those expressed or implied by such forward-looking information, including risks associated with the exploration, development and mining such as economic factors as they effect exploration, future commodity prices, changes in foreign exchange and interest rates, actual results of current exploration activities, government regulation, political or economic developments, ongoing wars and their effect on supply chains, environmental risks, pandemic risks, permitting timelines, capital expenditures, operating or technical difficulties in connection with development activities, employee relations, the speculative nature of gold exploration and development, including the risks of diminishing quantities of grades of reserves, contests over title to properties, and changes in project parameters as plans continue to be refined as well as those risk factors discussed in the Company's annual information form for the year ended December 31, 2024, available on www.sedarplus.ca. Although STLLR has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. STLLR does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271372

FAQ

What did STLLR Gold (STLRF) announce on October 22, 2025 about Tower Gold?

STLLR announced the start of comprehensive environmental baseline studies for the Tower Gold Project, with field work beginning in fall 2025.

How long will the Tower Gold Project environmental baseline studies (STLRF) run?

The field-based program will continue for a minimum of two years from fall 2025.

What is the purpose of the Tower Gold baseline studies for STLLR (TSX: STLR)?

The studies will build on existing data and provide the foundation for the federal Impact Assessment and responsible project planning.

Will the Tower Gold baseline studies for STLLR result in permits or approvals?

No permits or approvals were announced; the studies are intended to inform the federal Impact Assessment rather than guarantee outcomes.

How will STLLR engage Indigenous communities during the Tower Gold studies (STLRF)?

The company said it will pursue meaningful engagement with Indigenous communities and the public as part of the study program.