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STLLR Gold Intersects 13.00 g/t Au over 22.75 m and 3.01 g/t Au over 22.93 m at the Jonpol Deposit of the Tower Gold Project

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STLLR Gold (OTCQX: STLRF) reported new 2026 drill assays from the Jonpol Deposit at the Tower Gold Project in Ontario.

Highlights include 13.00 g/t Au over 22.75 m and 3.01 g/t Au over 22.93 m, supporting near-surface, high-grade mineralization and potential strike extension from 400 m to about 1,200 m.

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Positive

  • Hole MGA26-268 cut 13.00 g/t Au over 22.75 m (16.66 m TT)
  • Hole MGA26-266 cut 3.01 g/t Au over 22.93 m (17.16 m TT)
  • MGA26-268 delivered highest metal factor at Jonpol in 2026 program
  • 8,536 m drilled at Jonpol in first-half 2026 program
  • Program targets strike extension from 400 m to about 1,200 m
  • Intersected grades mostly exceed current average open-pit grades at Jonpol

Negative

  • None.

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Toronto, Ontario--(Newsfile Corp. - June 18, 2026) - STLLR Gold Inc. (TSX: STLR) (OTCQX: STLRF) (FSE: O9D) ("STLLR" or the "Company") reports additional assay results from its 2026 drilling program at the Jonpol Deposit ("Jonpol") at the Garrison Property of the Tower Gold Project ("Tower" or the "Project") in the Timmins Mining Camp in Ontario, Canada.

Table 1: 2026 Jonpol Deposit Drilling Highlights:

ZoneHole IDAssay Result
JonpolMGA26-26813.00 g/t Au (uncut)/7.37 g/t Au (cut) over 22.75 m (16.66 m TT)
(including 29.09 g/t Au (uncut)/16.16 g/t Au (cut) over 9.91 m (7.28 m TT)
JonpolMGA26-2663.01 g/t Au (uncut)/2.51 g/t Au (cut) over 22.93 m (17.16 m TT)
(including 11.95 g/t Au (uncut)/9.54 g/t Au (cut) over 4.80 m (3.59 m TT)

 

"g/t Au" = grams per tonne gold; "m" = metres; "TT" = True Thickness

"Hole MGA-268 delivered the best intersected metal factor at Jonpol so far in our 2026 program, demonstrating the high-grade, near-surface nature of the deposit and its potential to drive value for the Tower Gold Project," said Keyvan Salehi, P.Eng., MBA, President, CEO, and Director of STLLR. "We are more confident in Jonpol's open-pit strike extension towards 1,200 meters at potentially above-average grades, which could enhance Tower's production profile and overall economics."

Jonpol Deposit Drilling (See Figures 1-4 for Diagrams; See Tables 1-3 for Assays and Drill Details)

The Jonpol Deposit is situated in the Garrison Property at the eastern end of Tower (see Figure 1) along the Munro Fault, a splay from the regional Destor-Porcupine Fault Zone ("DPFZ"). Mineralization is hosted in structurally controlled alteration zones within mafic to ultramafic rocks and gold mineralization is closely associated with felsic intrusive rocks.

STLLR has completed 8,536 m of drilling at Jonpol for its first-half 2026 drill program, with assay results pending for the remaining holes. STLLR is currently finalizing drilling plans for the remainder of 2026. This year's programs are designed to deliver on two primary objectives:

  • Strike Extension: majority of the 2026 meterage targets the western extension of Jonpol's open-pit mineralization. Successful results here could expand the strike from 400 m as currently defined in the Tower Preliminary Economic Assessment ("Tower PEA")1 to approximately 1,200 m. Jonpol remains open along strike and at depth.
  • Infill and De-risking: the drill program is also designed to confirm the block model and support the potential expansion of higher-grade mineralization to incorporate into the Tower Mineral Resource Estimate ("Tower MRE")1.

These additional assays continued to intersect near-surface, high-grade mineralization (see Table 1) in targeted areas along the western strike extension. Most of the intersected grades exceed the current average open-pit grades at Jonpol in the Tower MRE, suggesting the potential to expand the mineral resources. These results continue to confirm the current geological model, supporting the potential expansion of higher-grade mineralization.

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Figure 1: Tower Gold Project - Drill Location Map

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Figure 2: Jonpol Deposit - Drilling Results Map

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Figure 3: Jonpol Deposit - Drilling Cross Section "A-B" Looking Northeast

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Figure 4: Jonpol Deposit - Drilling Cross Section "C-D" Looking Northeast

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Table 2: Drilling Intercepts

TargetHole IDFrom 
(m)
To 
(m)
Interval 
(m)
TT 
(m)
Grade
(g/t Au)
Metal Factor
(g/t Au x m)
JonpolMGA26-266113.85116.102.251.650.591.34
Jonpoland125.12130.705.584.101.458.08
Jonpoland164.57187.5022.9317.162.5157.48
Jonpoluncut164.57187.5022.9317.163.0169.04
Jonpolincl.182.70187.504.803.599.5445.80
Jonpolincl. uncut182.70187.504.803.5911.9557.36
Jonpoland232.96240.547.585.690.715.40
Jonpolincl.235.25239.003.752.811.194.46
JonpolMGA26-26769.0070.001.000.646.686.68
Jonpoland90.7091.330.630.412.831.78
Jonpoland178.00201.2923.2915.410.7417.12
Jonpolincl.183.03183.800.770.513.192.46
Jonpolincl.199.70201.291.591.062.043.24
Jonpoland204.20205.931.731.154.848.37
Jonpoland243.21245.001.791.200.771.37
JonpolMGA26-26893.0094.001.000.721.471.47
Jonpoland107.00110.003.002.161.474.40
Jonpoland162.00184.7522.7516.667.37167.75
Jonpoluncut162.00184.7522.7516.6613.00295.81
Jonpolincl.174.84184.759.917.2816.16160.19
Jonpolincl. uncut174.84184.759.917.2829.09288.25
Jonpoland230.74234.533.792.790.682.56
Jonpolincl.230.74231.700.960.711.441.38
JonpolMGA26-26928.8257.0028.1818.060.7822.10
Jonpolincl.38.1639.000.840.5410.058.44
Jonpoland80.0086.406.404.130.694.41
Jonpolincl.83.0083.700.700.451.461.02
Jonpolincl.85.5586.400.850.551.391.18
Jonpoland88.6593.354.703.060.432.01
Jonpolincl.88.6589.350.700.451.400.98
Jonpoland103.00105.002.001.290.641.29
JonpolMGA26-2707.2027.0019.8015.051.8236.12
Jonpolincl.15.0019.304.303.275.8825.30
Jonpoland65.7580.3014.5511.110.588.48
Jonpolincl.67.5768.571.000.763.223.22
Jonpoland109.00111.002.001.540.901.80

 

Table 3: Drill Hole Details

 Zone Hole ID Easting Northing Elevation Azimuth Inclin. Depth (m) 
JonpolMGA26-266577439.8075373984.782291.206340.05-49.04300.00
JonpolMGA26-267577390.6925373965.227292.586335.03-56.97261.00
JonpolMGA26-268577390.7705373965.068292.587334.75-51.00246.00
JonpolMGA26-269577359.1895374031.508299.803338.17-57.03192.00
JonpolMGA26-270577357.1065374044.357299.356337.10-46.97162.00

 

Quality Control Procedures
NQ drill core is oriented and cut with half sent to ALS Laboratories Inc. (ALS) for drying and crushing to -2 mm, with a 1.00 kg split pulverized to -75 µm (200#). ALS is an ISO 17025 accredited laboratory. 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 and selected samples with visible gold or high-grade mineralization are assayed by Metallic Screen Fire Assay on a 1.00 kg sample. 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.

True thickness ("TT") was calculated in Leapfrog Geo, perpendicular to the interpreted plane of mineralization using the dip and dip azimuth of the mineralized zones. All intercepts are calculated using a 0.30 g/t Au cut-off, a maximum of 5 m internal dilution and 25 g/t Au cap applied.

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. 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

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 large-scale, long-life potential advancement of Tower and Colomac, the value potential of Hollinger, and economic opportunities that are derived from future exploration at the Tower Gold Project, the expansion of resources (including higher than average resource grades) and the increase in confidence in the block model of the Tower MRE, the enhancement of the production profile and economics of Tower, and Jonpol as the value driver and "game-changer" impact on Tower. 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, global inflationary pressures, actual results of current exploration activities, government regulation, political or economic developments, the ongoing wars and their effect on supply chains, tariffs, 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, 2025, 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 For more information on the Tower PEA and Tower MRE, please review the NI 43-101 Technical Report with an issue date of June 30, 2025 titled "Preliminary Economic Assessment NI 43-101 Technical Report Tower Gold Project Ontario, Canada" on SEDAR+ www.sedarplus.ca or the Company website at www.stllrgold.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301999

FAQ

What drilling results did STLLR Gold (STLRF) announce from the Jonpol Deposit on June 18, 2026?

STLLR Gold reported new 2026 drill assays at Jonpol, including high-grade gold intersections. According to STLLR, key results were 13.00 g/t Au over 22.75 m and 3.01 g/t Au over 22.93 m within near-surface mineralization at the Tower Gold Project in Ontario.

Why are the MGA26-268 and MGA26-266 drill holes important for STLLR Gold (STLRF)?

Holes MGA26-268 and MGA26-266 returned strong gold grades over significant widths. According to STLLR, MGA26-268 delivered the best metal factor so far in the 2026 Jonpol program, supporting high-grade, near-surface mineralization with potential to contribute to Tower Gold Project value.

How much drilling has STLLR Gold completed at Jonpol in its 2026 program?

STLLR Gold has completed 8,536 meters of drilling at Jonpol in first-half 2026. According to STLLR, additional assay results are still pending, and the company is finalizing drilling plans for the remainder of 2026 to advance resource and economic potential.

How could the new Jonpol drill results affect the Tower Gold Project strike length?

The 2026 drilling aims to extend Jonpol’s open-pit strike length. According to STLLR, successful western extension holes could increase the modeled strike from 400 meters in the current PEA to approximately 1,200 meters, with mineralization remaining open along strike and at depth.

Do the latest Jonpol drill assays suggest higher grades than current open-pit averages for STLRF?

The reported intercepts generally show grades above current open-pit averages at Jonpol. According to STLLR, most intersected grades exceed the present Tower Mineral Resource Estimate open-pit grades, indicating potential to expand higher-grade mineral resources if supported by further drilling and modeling.

What are STLLR Gold’s 2026 drilling objectives at the Jonpol Deposit (STLRF)?

STLLR’s 2026 Jonpol program has two main objectives: strike extension and infill de-risking. According to STLLR, drilling targets the western open-pit extension and confirms the block model to potentially expand higher-grade zones in the Tower Mineral Resource Estimate.