Drill Results Game Changer

STLLR Gold Intersects 16.52 g/t Au over 5.85 Metres at the Jonpol Deposit of the Tower Gold Project

Advancing two tier‑1 gold projects toward shovel‑ready status

By The Northwire Desk — AI Analysis Apr 07, 2026 · 06:46 STLR · 1.54 STLLR Gold Inc.

Executive Summary

On April 7, 2026 STLLR Gold released first assay results from its 2026 drilling program at the Jonpol Deposit of the Tower Gold Project.
Hole MGA26-248 returned 16.52 g/t Au (uncut) over 5.85 m (3.30 m true thickness); hole MGA26-251 showed 1.46 g/t Au over 22.65 m including a higher‑grade sub‑interval of 5.27 g/t Au over 3.15 m.
The results support expansion of the open‑pit strike length from ~400 m (current PEA) to potentially 1,200 m and indicate material above the current Tower MRE average grade (~0.84 g/t Au).
Planned drilling continues with ~8,000 m slated for H1 2026 targeting strike extension and infill/de‑risking to upgrade the resource model.
Geological context: Jonpol lies along the Munro Fault splay of the Destor‑Porcupine Fault Zone; mineralization occurs in structurally controlled alteration zones within mafic‑ultramafic rocks associated with felsic intrusives.
Quality control: core split, ALS laboratory fire‑assayed (ISO 17025), 0.30 g/t Au cut‑off, internal dilution max 5 m, cap 25 g/t Au applied; Qualified Person John McBride reviewed and approved the disclosure per NI 43‑101.
CEO Keyvan Salehi noted that expanding the open‑pit strike to 1,200 m at above‑average grades would be a “game‑changer” for the Tower Gold Project.

Material Impact

The Jonpol intercepts are markedly higher than historic Tower grades and suggest a potential tripling of the open‑pit resource base while improving grade.
Compared to prior news flow (e.g., Hollinger Tailings maiden MRE, Ontario Recovery of Minerals permit, First Nations exploration agreement), this release provides new, unexpected geological upside that could materially enhance project economics.
The market had not priced in such high‑grade near‑surface mineralization; the disclosure exceeds current analyst expectations for incremental resource growth.
Given the CEO’s explicit “game‑changer” characterization and the scale of potential strike extension, the news qualifies as a material positive development with significant upside relative to the company’s market cap (~C$233 m).

STLR · Price

Company Overview

STLLR Gold Inc. is a Canadian gold exploration and development company focused on advancing two tier‑1 assets:
Tower Gold Project (Timmins, Ontario) – open‑pit and underground scenario with a PEA indicating ~193 koz/yr Au over 24 years (first 11 years avg. 260 koz/yr). Current MRE: 140.4 Mt Indicated @ 0.84 g/t Au and 200.3 Mt Inferred @ 0.81 g/t Au.
Colomac Gold Project (Northwest Territories) – open‑pit/underground PEA showing ~290 koz/yr Au over 11.2 years; MRE: 70.4 Mt Indicated @ 1.50 g/t Au and 24.4 Mt Inferred @ 2.17 g/t Au.
The Hollinger Tailings Project (also Timmins) is a separate, near‑term tailings re‑processing initiative with a maiden MRE of 412,000 oz Indicated and 93,000 oz Inferred; it benefits from Ontario’s new Recovery of Minerals regime.
The flagship project for near‑term value creation is the Tower Gold Project, given its large scale, advanced PEA, and the recent Jonpol high‑grade discovery that could materially enhance its open‑pit economics.

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