26 June 2024
TORONTO, Ontario, June 26, 2024 – STLLR Gold Inc. (TSX: STLR) (OTCQX: STLRF) (FSE: O9D) (“STLLR” or the “Company”) announces assay results from the exploration drilling at the Colomac Gold Project in the Northwest Territories and at the Tower Gold Project in the Timmins Mining Camp in Ontario.
Keyvan Salehi, P.Eng., MBA, President, CEO, and Director of STLLR stated: “We continue to intersect very encouraging gold mineralization outside of the known mineral resources of the Colomac Gold Project and the Tower Gold Project. We believe both Projects have the potential for continued growth in mineral resources, as the deposits remain open in several directions. More assay results are expected at both the Colomac Gold Project and the Tower Gold Project in the coming weeks.”
Colomac Gold Project Drilling – Colomac Main Deposit (See Figures 1-4)
The Colomac Main Deposit, the primary deposit of the Colomac Gold Project, occurs in a north-south striking differentiated mafic sill, approximately 9 km long and up to 155 m wide, bounded by mafic volcanic rocks. Mineralization is predominantly free gold spatially associated with quartz-carbonate veining and minor sulphides.
Drilling in 2024 is focused on the southern-end (Zones 2.5, 3.0, & 3.5) of the Colomac Main Deposit, targeting areas where there is a lack of drilling information and the potential to intersect higher-grade, open-pit gold mineralization. Hole C24-05 intersected new mineralization seventy-five metres to the north of Hole C24-01[1] in Zone 2.5. This hole tested a zone adjacent to the main deep-rooted structure believed to be the focal point for fluid flow or one of the potential “feeders” of the Colomac Main Deposit mineralization.