Stellar AfricaGold Signs Contract For 5,000 Metre Phase II Diamond Drill Program At Tichka Est Gold Project, Morocco; Trenching Underway At New Dyke Target; High-Resolution Magnetic Survey Contracted

Stellar AfricaGold Inc. (SPX) has executed a contract with Compagnie Marocaine des Forages Minier (CMFM) for a fully funded 5,000-metre Phase II diamond drill program at its Tichka Est Gold Project in Morocco. Rig mobilization is underway, with drilling expected to commence in October 2026. The program is fully funded, with drill platforms, access, and water supply already in place.

Initial drill holes will target depth and strike extensions of the mineralized diorite sill stack at Zone B, directly beneath drill hole TCK-001. Additionally, trenching has commenced at a new dyke target area, with seven mechanical trenches totaling approximately 217 metres started on September 14, 2026. To refine drill targeting for Zones A, B, and C, a high-resolution drone magnetic survey covering approximately 144 line-kilometres has been contracted, with acquisition scheduled for October 2026.

Stellar AfricaGold Inc. (SPX) announced the signing of a drilling contract and confirmed that mobilization is scheduled for October, marking a direct execution follow-up to its August 11, 2026 announcement that finalized Phase II targets. The market was already aware of the 5,000m program scope and the focus on Zone B extensions.

The company confirmed it is on schedule and fully funded, reducing execution risk without disclosing new geological surprises, financial terms, or strategic shifts.

Stellar AfricaGold Inc. (SPX) is an early-stage gold exploration company focused on two primary jurisdictions: Morocco and Côte d'Ivoire.

The company’s flagship asset is the Tichka Est Gold Project in Morocco, which comprises an approximately 82 km² permit in the High Atlas region. Phase I drilling, consisting of 1,579 meters across 11 holes, confirmed structurally controlled orogenic gold mineralization in fractured diorite sills. The best intercepts from this phase were 12m @ 6.62 g/t Au. Phase II drilling aims to expand this system toward a maiden resource.

The company also holds the Zuénoula Gold Project in Côte d'Ivoire, a 395.78 km² permit under a joint venture with MetalsGrove Mining Ltd. Early-stage soil sampling and auger drilling are currently defining kilometre-scale gold anomalies at this secondary project.