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STLLR Gold Delivers Updated Mineral Resource Estimate and PEA Demonstrating US$1.0 Billion After-Tax NPV5% for the Large-Scale Tower Gold Project in Ontario, Canada
Average annual gold production of 273,000 ounces for 19-years, including peak average annual prod...
About this update from Stllr Gold Inc.
[{"type":"text","content":"STLLR Gold Delivers Updated Mineral Resource Estimate and PEA Demonstrating US$1.0 Billion After-Tax NPV5% for the Large-Scale Tower Gold Project in Ontario, CanadaAverage annual gold production of 273,000 ounces for 19-years, including peak average annual production of 316,000 ounces over the first five years, and a maximum annual production of 325,000 ounces in Year 15.5.2 million ounces of gold production over the 19 years of conceptual mine life (\"CML\"). Base Case After-Tax NPV5% of C$1.36 billion (US$1.01 billion) and IRR of 13.4% at US$2,500/oz gold.Spot Price After-Tax NPV5% of C$3.30 billion (US$2.46 billion) and IRR of 24.0% at US$3,200/oz gold.2025 MRE (as defined herein): 4.0 million ounces from 140.4 Mt grading 0.89 g/t Au in the Indicated category and 7.0 million ounces from 200.3 Mt grading 1.08 g/t Au in the Inferred category.2025 PEA (as defined herein) is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the 2025 PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.Toronto, Ontario--(Newsfile Corp. - May 15, 2025) - STLLR Gold Inc. (TSX: STLR) (OTCQX: STLRF) (FSE: O9D) (\"STLLR\" or the \"Company\") announces the summary results of the updated Mineral Resource Estimate (\"2025 MRE\") and updated Preliminary Economic Assessment (\"2025 PEA\") for its 100%-owned Tower Gold Project (\"Tower\" or the \"Project\") located in the prolific Timmins Mining Camp in Ontario, Canada. The 2025 MRE was prepared by InnovExplo (a member of Norda Stelo) and the 2025 PEA was compiled by G Mining Services (\"GMS\"). Table 1: 2025 PEA1 Economics* Potential EconomicsGold Price AssumptionUS$2,500/ozBase CaseUS$3,200/oz SpotPre-tax internal rate of return (\"IRR\")(%) 16.1% 28.6% After-tax IRR 13.4% 24.0% Pre-tax net present value at 5% discount rate (\"NPV5%\")(C$M)C$2,118C$4,961After-tax NPV5% (C$M)C$1,355C$3,298 CML after-tax free cash flow (\"FCF\")(C$M)2C$3,438C$6,739FX rate assumption (USD/CAD)1.34 1.34 After-tax NPV5%/Initial Capex ratio0.7x1.8xAfter-tax Payback period (years)5.8 2.9  *Figures may vary slightly due to roundingTable 2: 2025 PEA1: Conceptual Mi...