Stellar Africagold - District-Scale Soil Sampling Defines Further Gold Exploration Targets At Zuenoula, Cote D'ivoire

Overview of Stellar AfricaGold and flagship assets

• Stellar AfricaGold is advancing two flagship gold projects in Africa: Tichka Est in Morocco (mid- to late-stage exploration with a goal of resource delineation) and Zuénoula (Zuenoula) in Côte d'Ivoire (Ivory Coast) under a joint-venture framework with MetalsGrove.
• The company has executed an earn-in and JV arrangement with MetalsGrove and its subsidiary MetalsGrove CDI Pty Ltd, designed to fund partner-led exploration on Zuenoula with Stellar retaining upside exposure while preserving capital for Tichka Est.
• The company has conducted and communicated a steady stream of exploration and development updates across both projects, including soil sampling, trenching, and diamond drilling, with expectations of downstream drill targeting and resource estimation pending further work.

• Directional impact: Positive, with incremental but meaningful progress rather than a single, market-moving discovery.
• Compared with prior announcements:
• The 2025 announcements establish the MetalsGrove earn-in/JV framework for Zuenoula and outline staged expenditures to 50%/80% ownership, providing a de-risked pathway and capital efficiency for Stellar.
• The 2026 updates continue this trajectory by expanding target areas (Zuenoula) and by advancing a robust Phase II drill plan at Tichka Est, including a maiden resource objective.
• The presence of assay results pending for Zuenoula infill soil sampling is typical for early-stage exploration and does not, by itself, constitute a material discovery; however, it keeps the project in focus for potential drill targets and capital efficiency through the JV.
• Materiality classification: Routine - Positive. The news confirms continued progress and de-risking through JV financing and staged drilling, but does not present a new, market-moving resource estimate or a large one-off financing event.

• Company profile:
• Stellar AfricaGold Inc. is a Canadian explorer focused on gold projects in Africa.
• Flagship projects: Tichka Est Gold Project (Morocco) – early-stage exploration with a plan for a maiden resource; Zuénoula Gold Project (Ivory Coast) – exploration with MetalsGrove JV earn-in.
• Strategic direction:
• Leverage MetalsGrove as a partner to fund exploration at Zuénoula, while Stellar concentrates capital on Tichka Est.
• Target to translate trench and drilling results into a resource outline at Tichka Est and a defined drill target pipeline at Zuénoula.