Business
Stellar AfricaGold Completes Independent Technical Report on Tichka-Est Gold Project, Morocco, and Plans Phase 1 Exploration Program for Q1 2021
(TheNewswire) Vancouver – TheNewswire - January 5, 2021 ...
About this update from Stellar Africagold, Inc.
[{"type":"text","content":"Stellar AfricaGold Completes Independent Technical Report on Tichka-Est Gold Project, Morocco, and Plans Phase 1 Exploration Program for Q1 2021\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver\n \n \n –\n \n \n TheNewswire -\n \n \n January 5,\n2021\n \n \n -\n \n John\nCumming\n \n ,\n \n President and CEO of\nStellar AfricaGold Inc., (TSXV:SPX) (\"Stellar\" or the\n\"Company\") is pleased to announce the completion of an\nIndependent Technical Report (“the Report”) on the potential of\nthe Tichka Est gold project in Morocco.\n \n \n \n \n The Report presents a summary of the available technical data from\nprevious exploration activities conducted by ONHYM (the “Office\nNational des Hydrocarbures et des Mines’’ of Morocco) on the\nTichka Est Gold Project. It also discusses the results of the due\ndiligence validation program completed by Stellar in June 2020.\nAlthough 6 anomalous gold zones were outlined by ONHYM stream\nsediments programs and confirmed by Stellar due diligence sampling,\nZones A and B warrant priority attention.\n \n \n \n \n \n The Zone A prospect was outlined by a cluster of 85\nanomalous gold-in-stream sediment samples over an area of\n27.15km\n \n \n 2\n \n \n with assay values ranging from 21 ppb to 17.06 g/t Au.  It\nwas prospected with 9 trenches distributed at regular intervals along\na strike length of 400 m.\n \n \n \n \n The gold mineralization was found along a steeply\ndipping ENE-WSW striking regional shear zone that was traced on\nsurface for about 400 m along strike. The shear zone is injected with\nnarrow quartz veins (0.4 to 1.2 m wide) and swarms of veinlets running\nnear and parallel to the intrusive contact with a micro-granitic\nporphyry dyke. They are, strongly brecciated and mineralized with\ndisseminated and locally semi-massive pockets of pyrite and\narseno-pyrite. In outcrops, the sulfide minerals are strongly altered\nto hematite, goethite, limonite and other alteration products.\n \n \n \n \n The Zone B gold prospect is located about 3.0 km north\nof the village of Analghi. It was outlined by 27 anomalous stream\nsediment samples with grades ranging from 33 ppb to 22.33 g/t Au over\nan area of 6.38 km\n \n \n 2\n \n \n . The area was prospected and 10 trenches\nexcavated across the structure over a strike length of 300 m. Th...