Business
Stellar AfricaGold - First Gold Exploration Targets Identified Within Fifty-Five Prospect Area, Zuenoula Gold Project, Cote D'ivoire
Vancouver, BC – May 13, 2026 – TheNewswire - Stellar AfricaGold Inc. (“Stellar” or the “Company”) (TSXV: SPX) provides the following update on the exploration
About this update from Stellar Africagold, Inc.
[{"type":"text","content":"Vancouver, BC – May 13, 2026 – TheNewswire - Stellar AfricaGold Inc. (“Stellar” or the “Company”) (TSXV: SPX) provides the following update on the exploration progress at the Stellar-MetalsGrove Joint Venture Zuénoula Gold Project, Cote d’Ivoire. Highlights • Within Zuénoula’s Fifty-Five Prospect area, two gold anomalous trends defined by parallel +2.5 km-long NE-trending clusters of gold anomalous soil samples (>20 ppb Au), peaking at 583 ppb Au, were identified and have been selected as Priority Exploration Targets. • Existing broad-spaced soil sampling (200m by 200m) to be infilled to 200m by 50m to tighten definition of these two 1.5 km2 exploration targets ahead of auger drilling. • NE-orientation of gold anomalous trends interpreted to reflect principal fault architecture of this prospective greenstone belt. • Sampling of termite mounds and mesothermal quartz vein float located within the vicinity of +100ppb gold soil sample sites completed. Samples are at the laboratory for assay. • Topographical mapping completed using high-resolution LiDAR-orthophoto survey data to support soil geochemistry interpretation and infill soil sample and auger drill planning • Auger drilling program considered feasible during the coming wet season (June – September) • Assay results received for 1000 soil samples, with another 617 soil samples at Bureau Veritas laboratory in Abidjan. Stellar-MetalsGrove Joint Venture Zuénoula Gold Project, Cote d’Ivoire. The Stellar-MetalsGrove Zuénoula Gold Project is a joint venture exploration project between Stellar’s Ivorian subsidiary Aucrest SARL (“Aucrest”) and MetalsGrove Mining Ltd. subsidiary MetalsGrove CDI Pty Ltd (MetalsGrove) to advance Stellar’s 395.78 square kilometer early-stage exploration permit called Zuénoula in Côte d’Ivoire (see Figure 2 below). Pursuant to the joint venture agreement MetalsGrove, the project operator, may earn up to a 50% interest in the Zuénoula Gold Project by incurring US$3,000,000 in exploration expenditures and up to an 80% interest in the Zuénoula Gold Project by incurring a total of US$6,000,000 in exploration expenditures. (For further details of the Stellar-MetalsGrove Joint Venture Agreement see Stellar news release December 9, 2025.) Stellar Management ...