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Mapping of Diorite Intrusions and Discovery of Additional Gold Structures
Following up on the impressive assay results from the mechanical trench cutting across a diorite body at Zone B at the
Highlights of Phase I Trenching Program
At Zone B, gold mineralisation was confirmed in two subparallel horizontal structures associated to diorite intrusions (Mechanical Trenches MT2 and MT3).
In the areas surrounding Zone B, the mapping of the surface diorite intrusions on the other side of the mountain (to the north-west of Zone B) shows a symmetric trend.
Assay results from sampling in hand tools trenches in the newly mapped diorite intrusions confirmed high gold grades (Trenches NT, TB13, TB14 and TB15).
Significant Assay Results:
Mechanical Trench MT2 : 1.52 g/t Au over 39.7 meters
and1.58 g/t Au over 8.6 meters
Mechanical Trench MT3 : 1.27 g/t Au over 80 meters
Trench NT : 2.27 g/t Auover18 meters
Trench TB13 : 2.19 g/t Au over 5 meters
Trench TB14 : 2.42 g/t Au over 6 meters
Trench TB15 : 1.28 g/t Au over 7 meters
The North-West and South-East zones in the vicinity of Zone B warrant further immediate exploration for extensions of the diorite intrusions with potential for additional gold discoveries (See Figure 2 below).
Zones A, C and C’ are also characterized by the presence of Diorite intrusions. These zones will be mapped, trenched, and sampled (see Figure 1 below) during 2023.
Figure 1. Tichka Est Zone B
New and historic trench locations and assay results,
and surface diorite intrusions (pale blue zones)
Figure 2. Location of the Mapped Area at Zone B
As indicated in the Figure 2 map above, at only 1 km2the recently mapped area within the vicinity of Zone B containing the diorite intrusions is very small compared with the total 82 km2area of the
Plans advancing for 2023 Drill Campaign
The on-site exploration crew continues the detailed mapping of Zone B while concurrently Stellar’s field geologists continue to evaluate all structural features (including the diorite intrusions) to plan the next drill campaign. With new results from each phase of exploration Stellar’s geological interpretation of Tichka Est continues to evolve, and the discovery of subparallel horizontal gold structures related to the diorite intrusions and the new extensions to the North-West and South-East of Zone B provide increased confidence for the discovery of a significant gold deposit at Tichka Est.
Technical Information and Quality Control/Quality Assurance Notes
The hand tools trenches were excavated across the Zone B using hand tools to an average depth of 1.5 metres. Sample collection was completed by experienced senior local geologists. The samples were bagged at the sampling site and stored in safe areas until being transported to
ABOUT TICHKA EST PROJECT, MORROCO
The Tichka Est gold project, comprising seven permits aggregating 82 square kilometres, is in the
ABOUT
The Company maintains offices in
Stellar’s principal exploration projects are its gold discovery at the
The technical content of this press release has been reviewed and approved by M. Yassine Belkabir,MScDIC, CEng, MIMMM, a Stellar director anda Qualified Personas defined in NI 43-101.
Stellar’s President
Additional information is available on the Company’s website atwww.stellarafricagold.com.
On Behalf of the Board
President & CEO
Readers are cautioned that descriptions of mineralization and the channel sample assay results reported in this news release are preliminary and/or early-stage results. While these results are considered encouraging, there is no guarantee that they indicate significant mineralization will be intersected in future drilling programs completed by the Company.
This release contains certain "forward-looking information" under applicable Canadian securities laws concerning the Arrangement. Forward-looking information reflects the Company’s current internal expectations or beliefs and is based on information currently available to the Company. In some cases forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "projects", "potential", "scheduled", "forecast", "budget" or the negative of those terms or other comparable terminology. Many of these assumptions are based on factors and events that are not within the control of the Company, and there is no assurance they will prove to be correct or accurate. Risk factors that could cause actual results to differ materially from those predicted herein include, without limitation: that the business prospects and opportunities of the Company will not proceed as anticipated; changes in the global prices for gold or certain other commodities (such as diesel, aluminum and electricity); changes in
Neither the
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