Drill Results
Stellar AfricaGold - 10,000m Auger Drilling Planned To Test 7 Potential Drill Target Areas At The Zuenoula Permit, Cote D'ivoire
Stellar AfricaGold advances early-stage gold projects in Côte d'Ivoire and Morocco.

Executive Summary
- Announces a 10,000-meter, two-rig auger drilling program at the Zuénoula Gold Project in Côte d'Ivoire.
- Program targets seven potential drill areas across the Fifty-Five, Central, and South East prospects.
- Follows extensive soil geochemistry and target consolidation completed in early 2026.
- Auger drilling begins late June 2026 to test the upper saprolite horizon at an average depth of ~5 meters.
- Results will refine targets for follow-up Aircore/Reverse Circulation (AC/RC) or diamond drilling (DD) later in 2026.
- JV partner MetalsGrove Mining Ltd. operates the project and can earn up to 50% interest by spending $3M, or up to 80% by spending $6M.
Material Impact
- Routine - Positive. The announcement is an expected, incremental step in the systematic exploration program outlined since the December 2025 JV agreement.
- Progresses logically from soil sampling (Feb-May 2026) to regolith mapping/LiDAR (Mar 2026) to auger drilling (Jun 2026).
- Does not contain new financial data, resource estimates, or unexpected discoveries.
- Auger drilling is a low-cost, rapid method to test saprolite; it does not confirm bedrock mineralization or economic potential.
- No immediate impact on valuation or cash flow beyond validating the JV exploration roadmap.
SPX · Price
Company Overview
- Stellar AfricaGold Inc. is an early-stage gold exploration company.
- Flagship projects: Zuénoula Gold Project (Côte d'Ivoire, 395.78 km²) and Tichka Est Gold Project (Morocco, 82 km²).
- Zuénoula is under a JV with MetalsGrove Mining Ltd. MetalsGrove operates and funds exploration.
- Tichka Est has seen initial diamond drilling with high-grade intercepts (e.g., 13m @ 6.12 g/t Au).
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May 25, 2026 · 07:01