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A.I.-Assisted Infill Drilling Intersects 2.22 g/t Au over 33.0 m at STLLR Gold's Tower Gold Project

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STLLR Gold (OTCQX: STLRF) has announced positive results from its AI-assisted infill drilling program at the 903 Deposit of the Tower Gold Project in Ontario's Timmins Mining Camp. Key highlights include intersections of 2.22 g/t Au over 33.0 metres and 2.95 g/t Au over 7.0 metres.

The company has completed its planned 5,000-metre program at the 903 Deposit, which features gold mineralization in quartz veining within syenites hosted in deformed, carbonatized ultramafic volcanics. The AI-optimized drilling program has intersected near-surface mineralization with grades higher than the current Mineral Resource Estimate.

STLLR confirms that both the updated Mineral Resource Estimate and Preliminary Economic Assessment for the Tower Gold Project are on schedule for completion in the first half of 2025. Additionally, assay results from the ongoing Hollinger Tailings Project characterization program are expected to be updated soon.

STLLR Gold (OTCQX: STLRF) ha annunciato risultati positivi dal suo programma di perforazioni di infill assistite da intelligenza artificiale presso il Deposito 903 del progetto Tower Gold nel campo minerario di Timmins, Ontario. Tra i principali risultati si segnalano intersezioni di 2,22 g/t Au su 33,0 metri e 2,95 g/t Au su 7,0 metri.

L'azienda ha completato il programma pianificato di 5.000 metri al Deposito 903, che presenta mineralizzazione aurifera in vene di quarzo all'interno di sieniti ospitate in vulcaniti ultramafiche deformate e carbonatizzate. Il programma di perforazione ottimizzato dall'IA ha intercettato mineralizzazione in prossimità della superficie con tenori superiori alla stima attuale delle risorse minerarie.

STLLR conferma che sia l'aggiornamento della stima delle risorse minerarie sia la valutazione economica preliminare per il progetto Tower Gold sono in programma per essere completati nella prima metà del 2025. Inoltre, i risultati delle analisi del programma di caratterizzazione in corso del progetto Hollinger Tailings saranno aggiornati a breve.

STLLR Gold (OTCQX: STLRF) ha anunciado resultados positivos de su programa de perforación de relleno asistido por inteligencia artificial en el Depósito 903 del Proyecto Tower Gold en el campo minero de Timmins, Ontario. Los aspectos más destacados incluyen intersecciones de 2,22 g/t Au sobre 33,0 metros y 2,95 g/t Au sobre 7,0 metros.

La compañía ha completado su programa planificado de 5,000 metros en el Depósito 903, que presenta mineralización de oro en vetas de cuarzo dentro de sienitas alojadas en volcanitas ultramáficas deformadas y carbonatadas. El programa de perforación optimizado con IA ha interceptado mineralización cercana a la superficie con leyes superiores a la estimación actual de recursos minerales.

STLLR confirma que tanto la actualización de la estimación de recursos minerales como la evaluación económica preliminar para el Proyecto Tower Gold están programadas para completarse en la primera mitad de 2025. Además, se espera que pronto se actualicen los resultados de los análisis del programa de caracterización en curso del Proyecto Hollinger Tailings.

STLLR Gold (OTCQX: STLRF)는 온타리오 팀민스 광산 캠프에 위치한 Tower Gold 프로젝트903 광상에서 AI 지원 인필 시추 프로그램의 긍정적인 결과를 발표했습니다. 주요 성과로는 33.0미터 구간에서 2.22 g/t Au7.0미터 구간에서 2.95 g/t Au의 교차 구간이 포함됩니다.

회사는 변형되고 탄산화된 초염기성 화산암 내에 위치한 사장암 내 석영 정맥에서 금 광화가 확인되는 903 광상에서 계획된 5,000미터 시추 프로그램을 완료했습니다. AI 최적화 시추 프로그램은 현재 광물 자원 추정치보다 높은 등급의 근표면 광화를 관통했습니다.

STLLR은 Tower Gold 프로젝트의 업데이트된 광물 자원 추정치와 예비 경제성 평가가 2025년 상반기 내에 완료될 예정임을 확인했습니다. 또한 진행 중인 Hollinger Tailings 프로젝트 특성화 프로그램의 분석 결과도 곧 업데이트될 예정입니다.

STLLR Gold (OTCQX : STLRF) a annoncé des résultats positifs de son programme de forage de remplissage assisté par intelligence artificielle sur le gisement 903 du projet Tower Gold, situé dans le camp minier de Timmins en Ontario. Les points clés incluent des intersections de 2,22 g/t Au sur 33,0 mètres et 2,95 g/t Au sur 7,0 mètres.

L'entreprise a achevé son programme prévu de 5 000 mètres sur le gisement 903, qui présente une minéralisation aurifère dans des veines de quartz au sein de syénites hébergées dans des roches volcaniques ultramafiques déformées et carbonatées. Le programme de forage optimisé par IA a intercepté une minéralisation proche de la surface avec des teneurs supérieures à l'estimation actuelle des ressources minérales.

STLLR confirme que la mise à jour de l'estimation des ressources minérales ainsi que l'évaluation économique préliminaire du projet Tower Gold sont prévues pour être finalisées au cours du premier semestre 2025. De plus, les résultats des analyses du programme de caractérisation en cours du projet Hollinger Tailings devraient être mis à jour prochainement.

STLLR Gold (OTCQX: STLRF) hat positive Ergebnisse seines KI-unterstützten Infill-Bohrprogramms bei der 903 Lagerstätte des Tower Gold Projekts im Timmins Mining Camp in Ontario bekanntgegeben. Wichtige Highlights sind Bohrabschnitte mit 2,22 g/t Au über 33,0 Meter und 2,95 g/t Au über 7,0 Meter.

Das Unternehmen hat sein geplantes 5.000-Meter-Programm an der 903 Lagerstätte abgeschlossen, die Goldmineralisierung in Quarzadern innerhalb von Syeniten aufweist, die in deformierten, karbonatisierten ultramafischen Vulkaniten eingebettet sind. Das KI-optimierte Bohrprogramm hat oberflächennahe Mineralisierung mit Gehalten über der aktuellen Mineralressourcenschätzung durchteuft.

STLLR bestätigt, dass sowohl die aktualisierte Mineralressourcenschätzung als auch die vorläufige Wirtschaftlichkeitsstudie für das Tower Gold Projekt planmäßig in der ersten Hälfte des Jahres 2025 abgeschlossen werden. Zudem werden die Analyseergebnisse des laufenden Charakterisierungsprogramms des Hollinger Tailings Projekts in Kürze aktualisiert.

Positive
  • High-grade gold intersections: 2.22 g/t Au over 33.0m and 2.95 g/t Au over 7.0m
  • AI-assisted drilling program yielding grades higher than current resource estimate
  • Completed planned 5,000-metre drilling program on schedule
  • Resource estimate and economic assessment on track for H1 2025
Negative
  • True width of mineralization is only 40% to 85% of reported intersections

Toronto, Ontario--(Newsfile Corp. - April 24, 2025) - STLLR Gold Inc. (TSX: STLR) (OTCQX: STLRF) (FSE: O9D) ("STLLR" or the "Company") is pleased to announce additional infill drilling results using artificial intelligence technology ("AI") at the Tower Gold Project ("Tower") in the Timmins Mining Camp in Ontario, Canada.

Table 1: 2025 Tower Infill Drilling Highlights - 903 Deposit (For more information see Tables 2 & 3 and Figures 1-4):

ZoneHole IDAssay Result
903MGA25-2272.22 grams per tonne gold ("g/t Au") (uncut) over 33.0 metres ("m") (including 2.57 g/t Au over 25.40 m)
903MGA25-2332.95 g/t Au over 7.0 m

 

Keyvan Salehi, P.Eng., MBA, President, CEO, and Director of STLLR, commented: "We continue to intersect higher-grade mineralization at the 903 Deposit from our AI-assisted infill drilling program. More importantly, we continue to confirm mineralization in areas where we have the potential to convert resources to higher confidence levels1."

“The updated Mineral Resource Estimate and Preliminary Economic Assessment for the Tower Gold Project remain on track for completion in the first half of 2025. In parallel, assay results from the ongoing characterization program at the Hollinger Tailings Project continue to be received, with an update expected in the near future.”

903 Deposit Infill Drilling

The 903 Deposit, part of the Garrison Area at the Tower Gold Project, features gold mineralization linked to quartz veining within syenites hosted in highly deformed, carbonatized ultramafic volcanics of the Kidd-Munro assemblage. It lies along the Destor-Porcupine Fault Zone, with meta-sediments of the Porcupine assemblage located to the north.

Using AI to optimize drill meterage and mineral resource conversion, STLLR's infill program intersected near-surface mineralization with grades higher than the current 903 Deposit Mineral Resource Estimate1, potentially enhancing confidence in the targeted areas. The Company has completed its planned 5,000-metre program and will release the final assay results when they become available.

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Figure 1: Tower Gold Project - Drill Location Map1

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Figure 2: 903 Deposit - Infill Drilling Results Map1

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Figure 3: 903 Deposit - Infill Drilling Cross Section "A-B" Looking East1

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Figure 4: 903 Deposit - Infill Drilling Cross Section "C-D" Looking East1

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Table 2: Exploration Drilling Intercepts*,**

TargetHole IDFrom
(m)
To
(m)
Interval
(m)
Grade
(g/t Au)
Metal Factor
(g/t Au x m)
903MGA25-22759.0064.005.001.537.65
903and82.0091.009.000.847.56
903and95.00102.507.500.866.47
903and104.00137.0033.002.2273.23
903including109.60135.0025.402.5765.28
903and145.20149.003.805.1219.46
903MGA25-22982.0086.004.000.512.04
903and151.95153.001.050.981.03
903and159.00164.005.000.371.85
903MGA25-231151.90161.009.100.988.92
903and170.00173.553.551.394.93
903and183.25184.351.100.900.99
903and204.60206.551.950.450.88
903and215.50223.508.000.383.04
903and227.00233.256.250.402.50
903MGA25-232213.80217.753.951.967.74
903and253.75255.451.700.701.19
903and259.65263.153.500.642.24
903and284.95295.5010.551.0010.55
903and298.50312.0013.500.719.59
903MGA25-23361.0063.002.001.122.24
903and246.50251.805.301.457.69
903and263.10270.107.002.9520.65

 

*Note: 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.
**True width is estimated to be between 40% to 85%

Table 3: Exploration Drill Hole Details

ZoneHole IDEastingNorthingElevationAzimuthInclinationEnd of
Hole
Depth
(m)
903MGA25-227577243.535373049.60299.27355.00-72.00255.00
903MGA25-229577754.965373269.81290.922.00-46.00222.00
903MGA25-231577429.755373040.73296.35337.00-51.00259.00
903MGA25-232577767.245373191.14290.62352.50-48.00360.00
903 MGA25-233577766.705373191.18290.68337.00-55.00321.00

 

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 at Bureau Veritas Commodities Canada Ltd.

True widths were calculated in Leapfrog Geo, perpendicular to the interpreted plane of mineralization using the dip and dip azimuth of the mineralized zones.

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 two cornerstone gold projects in Canada: The Tower Gold Project in the Timmins Mining Camp in Ontario and the Colomac Gold Project located north of Yellowknife, Northwest Territories. Each of these two projects has the potential for a long-life and large-scale operation 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

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 confirmation of mineralization and the potential conversion of the Tower Mineral Resource Estimate to higher confidence categories, the timing of the completion of the updated Tower Mineral Resource Estimate and PEA, the timing of the results from the Hollinger Tailings Project, the completion and release of the remaining infill drilling at the 903 Deposit, the long-life and large-scale potential of the Tower and Colomac Gold Projects and exploration upside of the land packages. 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.


1For more information on the current Tower Gold Project Mineral Resource Estimate and PEA effective September 7, 2022, please refer to the NI 43-101 technical report titled "NI 43-101 Report & Preliminary Economic Assessment of the Tower Gold Project Northeastern Ontario, Canada" dated November 29, 2022 which is available on STLLR Gold's profile on SEDAR+ www.sedarplus.ca and www.stllrgold.com. Until mineral deposits are actually mined and processed, Mineral Resources must be considered as estimates only. Mineral Resource estimates that are not Mineral Reserves and have not demonstrated economic viability. The estimation of Mineral Resources is inherently uncertain, involves subjective judgement about many relevant factors and may be materially affected by, among other things, environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant risks, uncertainties, contingencies and other factors described in the Company's public disclosure available on SEDAR+ at www.sedarplus.ca. PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

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FAQ

What are the latest gold drilling results for STLRF at the Tower Gold Project?

The latest drilling results show 2.22 g/t Au over 33.0 metres (including 2.57 g/t Au over 25.40m) and 2.95 g/t Au over 7.0 metres at the 903 Deposit.

How is STLRF using AI technology in their drilling program?

STLRF is using AI to optimize drill meterage and mineral resource conversion, resulting in the discovery of near-surface mineralization with grades higher than the current 903 Deposit Mineral Resource Estimate.

When will STLRF release the updated Mineral Resource Estimate for Tower Gold?

STLRF plans to complete the updated Mineral Resource Estimate and Preliminary Economic Assessment in the first half of 2025.

What is the geological setting of STLRF's 903 Deposit?

The 903 Deposit features gold mineralization in quartz veining within syenites, hosted in deformed carbonatized ultramafic volcanics of the Kidd-Munro assemblage along the Destor-Porcupine Fault Zone.
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