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STLLR Gold Delivers Remaining Assay Results with Encouraging Gold Mineralization from Its Hollinger Tailings Project

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STLLR Gold (OTCQX: STLRF) has reported the final results from its 2025 characterization program at the Hollinger Tailings Project in Timmins, Ontario. The program revealed consistent gold mineralization across the facility, with notable highlights including 0.70 g/t Au over 23.70 meters and 0.57 g/t Au over 21.75 meters.

The project, containing an estimated 50-60 million tonnes of tailings, represents material from the historic Hollinger Mine, which produced 19 million ounces of gold at an average grade of 9.9 g/t from 1910 to 1968. STLLR completed 11,223 meters of sonic drilling across 423 holes and has initiated metallurgical testing, with results and a mineral resource estimate expected in H2 2025.

STLLR Gold (OTCQX: STLRF) ha comunicato i risultati finali del suo programma di caratterizzazione 2025 presso il Hollinger Tailings Project a Timmins, Ontario. Il programma ha evidenziato una mineralizzazione aurifera costante in tutta l'area, con risultati significativi come 0,70 g/t Au su 23,70 metri e 0,57 g/t Au su 21,75 metri.

Il progetto, che contiene una stima di 50-60 milioni di tonnellate di residui minerari, riguarda il materiale proveniente dalla storica miniera Hollinger, che ha prodotto 19 milioni di once d'oro con una media di 9,9 g/t dal 1910 al 1968. STLLR ha completato 11.223 metri di perforazioni soniche su 423 fori e ha avviato test metallurgici, con risultati e una stima delle risorse minerarie previsti per la seconda metà del 2025.

STLLR Gold (OTCQX: STLRF) ha informado los resultados finales de su programa de caracterización 2025 en el Hollinger Tailings Project en Timmins, Ontario. El programa reveló una mineralización de oro consistente en toda la instalación, con destacados como 0,70 g/t Au sobre 23,70 metros y 0,57 g/t Au sobre 21,75 metros.

El proyecto, que contiene un estimado de 50-60 millones de toneladas de relaves, representa material de la histórica mina Hollinger, que produjo 19 millones de onzas de oro con una ley promedio de 9,9 g/t desde 1910 hasta 1968. STLLR completó 11,223 metros de perforación sónica en 423 agujeros y ha iniciado pruebas metalúrgicas, con resultados y una estimación de recursos minerales esperados para la segunda mitad de 2025.

STLLR Gold (OTCQX: STLRF)는 온타리오주 팀민스에 위치한 Hollinger Tailings Project의 2025년 특성화 프로그램 최종 결과를 발표했습니다. 이 프로그램은 시설 전반에 걸쳐 일관된 금 광화를 확인했으며, 주요 결과로는 23.70미터 구간에서 0.70 g/t Au21.75미터 구간에서 0.57 g/t Au가 포함됩니다.

이 프로젝트는 약 5,000만~6,000만 톤의 광미를 포함하고 있으며, 1910년부터 1968년까지 평균 등급 9.9 g/t로 1,900만 온스의 금을 생산한 역사적인 홀린저 광산의 잔재입니다. STLLR은 423개 구멍에서 11,223미터의 소닉 드릴링을 완료했으며, 현재 금속학적 테스트를 시작했으며, 결과와 광물 자원 추정치는 2025년 하반기에 발표될 예정입니다.

STLLR Gold (OTCQX: STLRF) a publié les résultats finaux de son programme de caractérisation 2025 au Hollinger Tailings Project à Timmins, Ontario. Le programme a révélé une minéralisation aurifère constante sur l'ensemble du site, avec des points forts notables tels que 0,70 g/t Au sur 23,70 mètres et 0,57 g/t Au sur 21,75 mètres.

Le projet, contenant environ 50 à 60 millions de tonnes de résidus, concerne le matériau issu de la mine historique de Hollinger, qui a produit 19 millions d'onces d'or à une teneur moyenne de 9,9 g/t entre 1910 et 1968. STLLR a réalisé 11 223 mètres de forage sonique sur 423 trous et a lancé des tests métallurgiques, avec des résultats et une estimation des ressources minérales attendus pour le second semestre 2025.

STLLR Gold (OTCQX: STLRF) hat die endgültigen Ergebnisse seines Charakterisierungsprogramms 2025 beim Hollinger Tailings Project in Timmins, Ontario, bekannt gegeben. Das Programm zeigte eine konstante Goldmineralisierung über das gesamte Gelände, mit bemerkenswerten Highlights wie 0,70 g/t Au über 23,70 Meter und 0,57 g/t Au über 21,75 Meter.

Das Projekt umfasst geschätzte 50-60 Millionen Tonnen Tailings und beinhaltet Material aus der historischen Hollinger-Mine, die von 1910 bis 1968 19 Millionen Unzen Gold mit einem durchschnittlichen Gehalt von 9,9 g/t förderte. STLLR hat 11.223 Meter Schallbohrungen über 423 Löcher abgeschlossen und mit metallurgischen Tests begonnen. Ergebnisse und eine Mineralressourcenschätzung werden für das zweite Halbjahr 2025 erwartet.

Positive
  • Consistent gold mineralization demonstrated across drilling intervals
  • Higher gold grades observed in Phase 1, particularly near the southern tailings dam wall
  • Significant scale with 50-60 million tonnes of tailings material
  • Recent Ontario Mining Act amendments have streamlined permitting for tailings reprocessing
  • Comprehensive drilling program completed with 11,223 meters across 423 holes
Negative
  • Metallurgical testing and resource estimate results still pending
  • Some areas remain to be characterized, including ponds and eastern extent of Phase 1
  • Relatively low grades compared to primary mining operations

Toronto, Ontario--(Newsfile Corp. - August 7, 2025) - STLLR Gold Inc. (TSX: STLR) (OTCQX: STLRF) (FSE: O9D) ("STLLR" or the "Company") is pleased to report the remaining results from its 2025 characterization program at the Hollinger Tailings Project ("Hollinger" or the "Project") located in the Timmins Mining Camp, Ontario, Canada.

Key takeaways from the Hollinger characterization program:

  • Consistent grade profile: Results from the program demonstrate uniform grade distribution across drilled intervals. Most holes returned mineralized values throughout their full length.

  • Grade Trends Within Hollinger: The Company observed higher gold grades in Phase 1 (the northern portion of Hollinger; see Figure 1), particularly near the southern end where the historical tailings dam wall is located. Overall results support the economic potential of Hollinger and its further advancement towards a mineral resource estimate and metallurgical testing.

  • Metallurgical Testing and Mineral Resource Modelling Underway: STLLR has initiated metallurgical testing of the Hollinger material, with a mineral resource estimate to follow. Results from both programs are expected in the second half of 2025.

  • Further Characterization Opportunities: While the 2025 program successfully covered the majority of the Hollinger deposit, certain areas-such as the ponds and the eastern extent of Phase 1-remain to be characterized in future phases to further enhance the dataset.

Table 1: Hollinger Characterization Program Assay Highlights (For more information see Tables 2 & 3 and Figures 1 to 5):

Hole IDAssay Result
HTF25-2150.70 grams per tonne gold ("g/t Au") over 23.70 metres ("m")
KP25-040.57 g/t Au over 21.75 m
HTF25-2240.56 g/t Au over 23.45 m (including 0.58 g/t Au over 3.00 m &
0.63 g/t Au over 11.85 m)
HTF25-2650.56 g/t Au over 16.20 m (including 0.65 g/t Au over 8.60 m)
HTF25-2250.54 g/t Au over 25.35 m (including 0.64 g/t Au over 13.40 m)
HTF25-1290.54 g/t Au over 23.40 m (including 0.62 g/t Au over 9.70 m)
HTF25-0380.53 g/t Au over 22.05 m (including 0.68 g/t Au over 5.40 m &
0.60 g/t Au over 10.55 m)
HTF25-2330.53 g/t Au over 21.90 m (including 0.56 g/t Au over 4.10 m &
0.59 g/t Au over 7.40 m)
HTF25-2340.53 g/t Au over 22.45 m (including 0.53 g/t Au over 5.60 m &
0.61 g/t Au over 10.65 m)
HTF25-2500.53 g/t Au over 20.10 m (including 0.56 g/t Au over 5.10 m &
0.56 g/t Au over 8.10 m)
HTF25-2260.52 g/t Au over 26.40 m (including 0.61 g/t Au over 14.00 m
HTF25-2270.52 g/t Au over 23.60 m (including 0.62 g/t Au over 4.00 m &
0.60 g/t Au over 11.75 m)
HTF25-2320.52 g/t Au over 23.90 m (including 0.65 g/t Au over 3.05 m &
0.55 g/t Au over 12.35 m)
HTF25-2490.52 g/t Au over 19.60 m (including 0.70 g/t Au over 1.50 m &
0.55 g/t Au over 8.85 m)

 

Keyvan Salehi, P.Eng., MBA, President, CEO, and Director of STLLR, commented: "We've concluded the assaying of the successful 2025 Hollinger characterization program. We are pleased with the consistent gold mineralization across the facility and are encouraged by the gold grades we have observed. We remain encouraged by Hollinger's economic potential at current gold prices. The results of the metallurgical testing program and the mineral resource estimate are key data points that can allow us to assess Hollinger's near-term cash flow potential."

Hollinger Characterization Program

Located in southeast Timmins, Ontario, the Hollinger Tailings Project holds tailings from the historic Hollinger Mine, once the world's largest gold mine. Operating from 1910 to 1968, it produced 19 million ounces of gold at an average grade of 9.9 grams per tonne.1  The site contains an estimated 50-60 million tonnes of tailings. Recent amendments to Ontario's Mining Act2 have streamlined the permitting process for reprocessing historical tailings, aligning economic opportunity with environmental remediation. Given current gold prices and the potential for low capital intensity, STLLR believes Hollinger presents significant opportunity for value creation.

STLLR's comprehensive characterization program is designed to assess the Project's potential and information gathering for a recovery permit and remediation plan. The Company has completed 11,223 metres of sonic drilling across 423 holes, spaced on a 50 m grid pattern. Assay results demonstrate consistent gold mineralization across the facility. The Company is currently advancing a metallurgical testing program to evaluate recovery potential, with results and a mineral resource estimate targeted for release in the second half of 2025. Please review Figures 1 to 5 and Tables 1 to 3 for further context.

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Figure 1: Hollinger Characterization Program - Drill Location Map

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Figure 2: Hollinger Characterization Program - Zoomed In Drill Location Map #1

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Figure 3: Hollinger Characterization Program - Zoomed In Drill Location Map #2

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Figure 4: Hollinger Characterization Program - Section "A-B" Looking North

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Figure 5: Hollinger Characterization Program - Section "C-D" Looking North

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Table 2: Hollinger Characterization Intercepts*

Hole IDFrom (m)To (m)Interval (m)Grade
(g/t Au)
Metal Factor
g/t Au x m
Area
HTF25-0310.0020.6020.600.5010.32Phase 1
including10.6520.009.350.585.45Phase 1
HTF25-0340.0023.6523.650.378.68Phase 1
including21.3523.652.300.641.48Phase 1
HTF25-0380.0022.0522.050.5311.61Phase 1
including0.706.105.400.683.66Phase 1
including8.1518.7010.550.606.34Phase 1
HTF25-0390.0023.8523.850.368.57Phase 1
HTF25-0450.0020.7020.700.459.28Phase 1
including11.0017.006.000.603.60Phase 1
HTF25-0460.0023.5523.550.358.19Phase 1
HTF25-0470.0023.7023.700.419.83Phase 1
HTF25-0510.0025.0025.000.379.33Phase 1
including19.0023.004.000.512.03Phase 1
HTF25-0521.0022.4021.400.347.23Phase 1
HTF25-0530.0023.8023.800.307.23Phase 1
HTF25-0570.0023.3023.300.296.66Phase 1
HTF25-0590.0022.2522.250.327.20Phase 1
including19.8022.252.450.541.32Phase 1
HTF25-0600.0021.9021.900.337.21Phase 1
HTF25-0928.7020.8212.120.364.34Phase 1
HTF25-1040.0017.8717.870.264.63Phase 1
HTF25-1150.0022.5522.550.429.37Phase 1
including0.001.001.001.261.26Phase 1
including18.7521.853.100.481.49Phase 1
HTF25-1230.0016.7516.750.488.00Phase 1
including0.004.104.100.572.33Phase 1
including11.3016.755.450.512.80Phase 1
HTF25-1250.0017.8517.850.488.62Phase 1
including0.002.002.000.581.17Phase 1
including5.007.602.600.561.47Phase 1
including12.0015.603.600.662.37Phase 1
HTF25-1290.0023.4023.400.5412.56Phase 1
including3.709.655.950.523.10Phase 1
including13.7023.409.700.625.98Phase 1
HTF25-1860.0024.1024.100.286.71Phase 2
HTF25-1910.0023.3023.300.245.52Phase 2
HTF25-1980.0026.9026.900.328.57Phase 2
HTF25-2100.0023.4523.450.235.35Phase 2
HTF25-2140.0022.1022.100.276.06Phase 2
HTF25-2150.0023.7023.700.7016.64Phase 2
HTF25-2180.0022.3022.300.265.74Phase 2
HTF25-2190.0023.5023.500.215.05Phase 2
HTF25-2200.0022.4022.400.214.66Phase 2
HTF25-2220.0022.5022.500.204.61Phase 2
HTF25-2240.0023.4523.450.5613.03Phase 1
including3.006.003.000.581.73Phase 1
including9.5021.3511.850.637.42Phase 1
HTF25-2250.0025.3525.350.5413.66Phase 1
including0.003.053.050.531.62Phase 1
including11.0024.4013.400.648.55Phase 1
HTF25-2260.0026.4026.400.5213.83Phase 1
including11.0025.0014.000.618.57Phase 1
HTF25-2270.0023.6023.600.5212.25Phase 1
including0.004.004.000.622.47Phase 1
including9.6021.3511.750.607.03Phase 1
HTF25-2300.0023.2523.250.4811.21Phase 1
including0.002.002.000.591.17Phase 1
including5.5014.308.800.544.76Phase 1
including20.0022.002.000.521.04Phase 1
HTF25-2320.0023.9023.900.5212.36Phase 1
including0.003.053.050.651.97Phase 1
including10.6523.0012.350.556.77Phase 1
HTF25-2330.0021.9021.900.5311.52Phase 1
including0.003.053.050.511.56Phase 1
including8.1012.204.100.562.31Phase 1
including14.5021.907.400.594.39Phase 1
HTF25-2340.0022.4522.450.5311.84Phase 1
including0.005.605.600.532.97Phase 1
including11.8022.4510.650.616.50Phase 1
HTF25-2350.0022.8522.850.419.36Phase 1
including13.7018.705.000.643.18Phase 1
HTF25-2380.0022.8522.850.327.39Phase 2
including18.7022.854.150.662.72Phase 2
HTF25-2450.0022.6522.650.276.05Phase 2
HTF25-2460.0023.7523.750.317.36Phase 2
HTF25-2470.0023.1023.100.419.53Phase 1
including14.0021.357.350.523.84Phase 1
HTF25-2481.5023.2521.750.398.41Phase 1
HTF25-2490.0019.6019.600.5210.14Phase 1
including3.054.551.500.701.05Phase 1
including9.1518.008.850.554.87Phase 1
HTF25-2500.0020.1020.100.5310.62Phase 1
including1.006.105.100.562.84Phase 1
including12.0020.108.100.564.57Phase 1
HTF25-2510.0019.3019.300.499.48Phase 1
including0.003.053.050.511.57Phase 1
including9.0011.102.100.601.26Phase 1
including13.0019.306.300.533.36Phase 1
and21.3522.851.500.320.48Phase 1
HTF25-2520.6519.3018.650.519.51Phase 1
including0.652.601.950.651.27Phase 1
including9.0012.003.000.571.70Phase 1
including14.0019.305.300.573.02Phase 1
HTF25-2530.0019.5019.500.519.86Phase 1
including9.6519.509.850.575.66Phase 1
HTF25-2560.0023.5023.500.337.80Phase 2
HTF25-2570.0023.3023.300.296.77Phase 2
HTF25-2580.0023.4023.400.327.41Phase 2
HTF25-2590.0026.4026.400.318.23Phase 2
including24.4026.402.000.531.06Phase 2
HTF25-2600.0022.2022.200.357.82Phase 2
HTF25-2610.0024.7024.700.297.24Phase 2
HTF25-2620.0023.3023.300.286.42Phase 2
HTF25-2630.0023.9523.950.307.26Phase 2
including21.3523.952.600.601.56Phase 2
HTF25-2640.0017.2517.250.508.64Phase 1
including7.009.652.650.501.32Phase 1
including10.6517.256.600.553.66Phase 1
HTF25-2650.0016.2016.200.569.07Phase 1
including1.003.452.450.511.24Phase 1
including7.6016.208.600.655.56Phase 1
HTF25-2670.0022.9522.950.337.57Phase 2
including0.003.753.750.592.21Phase 2
including17.7519.151.400.781.10Phase 2
HTF25-2690.0023.4023.400.399.05Phase 2
HTF25-2740.0022.3022.300.378.22Phase 2
including0.002.002.000.531.07Phase 2
HTF25-2750.3022.4522.150.347.64Phase 2
including20.0022.452.450.601.46Phase 2
HTF25-2800.0022.5522.550.327.28Phase 2
including0.002.602.600.541.40Phase 2
HTF25-2900.0021.3521.350.255.26Phase 2
HTF25-2930.0020.4020.400.285.81Phase 2
HTF25-2970.0020.6520.650.408.29Phase 2
including12.5015.252.750.501.37Phase 2
HTF25-3000.0019.4519.450.254.91Phase 2
HTF25-3080.8519.8018.950.275.02Phase 2
HTF25-3370.0017.1517.150.356.06Phase 2
HTF25-3380.0019.1019.100.326.12Phase 2
including0.001.501.500.821.23Phase 2
HTF25-3440.0022.0022.000.388.38Phase 1
HTF25-3470.0022.3522.350.368.10Phase 1
HTF25-3510.0016.5016.500.325.34Phase 2
HTF25-3520.0015.0515.050.294.37Phase 2
including0.003.053.050.521.58Phase 2
HTF25-3540.0014.5014.500.273.88Phase 2
HTF25-3550.7014.0013.300.202.60Phase 2
HTF25-3560.0016.7516.750.335.49Phase 2
HTF25-3570.0017.2517.250.315.40Phase 2
HTF25-3580.0013.3013.300.283.70Phase 2
HTF25-3600.0016.7516.750.223.62Phase 2
HTF25-3610.5012.9512.450.202.46Phase 2
HTF25-3621.5013.0011.500.212.39Phase 2
HTF25-3630.0011.7511.750.414.81Phase 1
HTF25-3640.0012.2012.200.445.32Phase 1
including1.304.303.000.551.64Phase 1
HTF25-3650.0013.7013.700.516.94Phase 1
including8.0013.705.700.633.61Phase 1
HTF25-3671.5017.0015.500.507.71Phase 1
including7.6011.003.400.521.77Phase 1
including13.0016.003.000.682.04Phase 1
HTF25-3680.0013.7013.700.446.06Phase 1
including6.309.753.450.612.10Phase 1
HTF25-3690.0014.7014.700.365.36Phase 1
HTF25-3700.0013.1013.100.354.58Phase 1
including0.002.202.200.651.42Phase 1
HTF25-3713.8026.1022.300.306.67Phase 1
HTF25-3770.6511.4010.750.181.95Phase 2
HTF25-3780.5014.5514.050.375.21Phase 1
HTF25-3800.0011.2511.250.313.49Phase 2
HTF25-3820.009.159.150.282.58Phase 2
HTF25-3830.008.058.050.302.41Phase 2
HTF25-3860.608.808.200.413.39Phase 1
HTF25-3945.6526.5020.850.347.09Phase 1
including15.0016.751.750.570.99Phase 1
HTF25-3985.1024.2519.150.387.37Phase 1
and27.4530.503.050.320.97Phase 1
HTF25-3999.1525.3016.150.365.83Phase 1
and27.4528.951.500.290.43Phase 1
HTF25-4003.0525.8022.750.296.50Phase 1
HTF25-4023.0524.4021.350.429.02Phase 1
KP25-030.0022.2022.200.4810.68Phase 1
including9.1516.257.100.624.41Phase 1
KP25-040.0021.7521.750.5712.48Phase 1
KP25-100.003.503.500.481.68Phase 1
KP25-120.002.502.500.631.59Phase 1
KP25-150.0028.4528.450.329.18Phase 2

 

*Note: Included intercepts are calculated using a 0.5 g/t Au cut-off and a maximum of 2 m internal dilutions

Table 3: Hollinger Characterization Hole Details

Hole IDEastingNorthingElevationAzimuthInclinationDepth
(m)
HTF25-031476357.1435367015.985318.980-9024.40
HTF25-034476308.2785366767.342319.080-9030.50
HTF25-038476407.9575367018.796318.860-9024.40
HTF25-039476356.4585366817.212319.480-9030.50
HTF25-045476457.1015367018.727318.680-9030.50
HTF25-046476407.2885366819.106319.410-9030.50
HTF25-047476458.2665366968.531319.490-9027.45
HTF25-051476458.3855366869.167319.860-9030.50
HTF25-052476507.9465366668.244318.360-9027.45
HTF25-053476454.8905366816.791319.390-9027.45
HTF25-057476458.6685366717.489318.500-9030.50
HTF25-059476458.4265366667.765318.310-9030.50
HTF25-060476609.3745366667.792319.250-9030.50
HTF25-092476906.4115366963.948327.760-9021.35
HTF25-104476959.3255366818.673317.890-9019.80
HTF25-115476206.4815367069.559320.180-9024.40
HTF25-123476208.7415367163.035320.920-9016.75
HTF25-125476105.2175367168.272320.950-9021.35
HTF25-129476107.2545367070.740320.040-9025.90
HTF25-186476204.8735366315.484318.580-9025.90
HTF25-191476300.2755366314.895317.970-9027.45
HTF25-198476263.1155366171.068319.820-9030.50
HTF25-210476454.5045366264.149318.210-9028.95
HTF25-214476460.9235366478.921317.880-9025.55
HTF25-215476460.4795366510.566318.360-9024.40
HTF25-218476506.4365366214.686318.620-9027.45
HTF25-219476507.9205366264.078318.250-9027.45
HTF25-220476496.3845366317.592318.240-9027.45
HTF25-222476505.8585366416.460318.460-9024.40
HTF25-224476509.6955366516.151319.520-9027.45
HTF25-225476409.9395366526.238318.360-9027.45
HTF25-226476359.9085366529.777318.240-9027.10
HTF25-227476309.3765366532.774318.370-9027.45
HTF25-230476158.1515366620.687317.710-9027.45
HTF25-232476556.6935366523.081318.730-9025.90
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Quality Control Procedures
Tailings core is collected by four-inch diameter continuous sonic coring. Tailings samples are cut, with half sent to ALS Laboratories Inc. (ALS) for drying to a maximum temperature of 60-degree Celsius. The samples are then sieved through a -180 µm screen (Tyler 80 mesh) to a 1.00 kg split of homogenize minus fraction material. A 50 g charge is Fire Assayed and analyzed using an AAS finish for Gold. Samples above 10.00 g/t Au are analyzed by Fire Assay with a gravimetric finish. ALS is an ISO 17025 accredited laboratory. STLLR inserts independent certified reference material and blanks with the samples and assays routine pulp repeats, as well as completing routine third-party check assays at Bureau Veritas Commodities Canada Ltd.

Qualified Person
John McBride, MSc., P.Geo., Vice President of Exploration for STLLR, who is the "Qualified Person" as defined by NI 43-101 for this project, has reviewed and approved of the technical disclosure contained in this news release.

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. Hollinger has the potential for near-term value creation. 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

Cautionary Statement Regarding 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 the potential advancement of Hollinger to a mineral resource estimate and economic studies, the timing of the remaining results from Hollinger, the continuing characteristics of the grade and mineralization profile of Hollinger, the amenability of Hollinger mineralization to mining and milling, and the upside potential of Hollinger. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "accelerate", "add" or "additional", "advancing", "anticipates" or "does not anticipate", "appears", "believes", "can be", "conceptual", "confidence", "continue", "convert" or "conversion", "deliver", "demonstrating", "estimates", "encouraging", "expand" or "expanding" or "expansion", "expect" or "expectations", "fast-track", "forecasts", "forward", "goal", "improves", "increase", "intends", "justification", "leading", "plans", "potential" or "potentially", "pro-forma", "promise", "prospective", "prioritize", "reflects", "re-rating", "robust", "scheduled", "stronger", "suggesting" or "suggests", "support", "updating", "upside", "will be" or "will consider", "work towards", 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 required regulatory approvals, 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, the ongoing wars and their effect on supply chains, environmental risks, pandemic risks, permitting timelines, capex, 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.


1 Hollinger Historical Production Statistics, Geology Ontario database: https://www.geologyontario.mines.gov.on.ca/persistent-linking?mineral-inventory=MDI42A06NW00007

2 Ontario's new "Mining Act for Recovery of Minerals" regulation to be in effect July 1, 2025. For more details: https://news.ontario.ca/en/release/1005407/ontario-supporting-recovery-of-residual-metals-and-minerals

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261568

FAQ

What were the key findings from STLLR Gold's Hollinger Tailings Project in 2025?

The program revealed consistent gold mineralization across the facility, with top results of 0.70 g/t Au over 23.70 meters and 0.57 g/t Au over 21.75 meters. Higher grades were observed in Phase 1, particularly near the southern tailings dam wall.

How much material is contained in STLLR Gold's Hollinger Tailings Project?

The Hollinger Tailings Project contains an estimated 50-60 million tonnes of tailings from the historic Hollinger Mine, which produced 19 million ounces of gold from 1910 to 1968.

What is the timeline for STLLR Gold's (STLRF) metallurgical testing results?

STLLR Gold expects to release both the metallurgical testing results and mineral resource estimate in the second half of 2025.

How extensive was STLLR's 2025 drilling program at Hollinger?

STLLR completed 11,223 meters of sonic drilling across 423 holes, spaced on a 50-meter grid pattern across the facility.

What regulatory changes benefit STLLR's Hollinger Tailings Project?

Recent amendments to Ontario's Mining Act have streamlined the permitting process for reprocessing historical tailings, aligning economic opportunity with environmental remediation.
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