Stellar AfricaGold, Inc. · TSXV:SPX
Stellar AfricaGold — Investor Presentation (October 2022)
33 slides from Stellar AfricaGold's investor presentation, October 2022
Slide 1: Exploring Gold in Africa
EXPLORING GOLD IN AFRICA TSX-V : SPX | OTC : STLXF CORPORATE PRESENTATION OCTOBER 2022
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER All information included in this presentation, including any information as to the Stellar AfricaGold Inc.’s (the ‘Corporation’) future performance, and other statements that express management’s expectations or estimates of future exploration success, other than statements of histo
Slide 3: Stellar AfricaGold at a Glance
STELLAR AFRICAGOLD AT A GLANCE With a history of delivering gold discoveries, the board members and management team are focusing on the exploration of the Tichka Est Gold Project in Morocco and expanding activities in Mali and Côte d’Ivoire. In Q4 2022, Stellar will focus on the follow-up programs a
Slide 4: Activities: Company Acquisitions
ACTIVITIES COMPANY ACQUISITIONS Following completion of the sale of Balandougou assets in Guinea in October 2019, Stellar AfricaGold assembled an impressive exploration land position in Morocco and in Mali: • Earn-in with Office Nationale des Hydrocarbures et des Mines (ONHYM) to acquire 90% Interes
Slide 5: Morocco Tichka Est Gold Project
MOROCCO TICHKA EST GOLD PROJECT Stellar signed an Exploration Earn- in Agreement to explore and develop the gold and multi- elements potential of the Tichka Est Project in the Occidental High Atlas area in Morocco and acquire 90% interest in the project. 5
Slide 6: Morocco, Among Top Mining Jurisdictions
MOROCCO, AMONG TOP MINING JURISDICTIONS (*) Investment Attractiveness Index 1st in Africa 8th Worldwide Socio Economic Agreement 1st in Africa 2nd Worldwide Policy Perception Index 1st in Africa 2nd Worldwide Taxation Regime 1st in Africa 5th Worldwide TSX.V : SPX | OTC : STLXF 6 (*) Fraser Institut
Slide 7: Gold Mineralization
TICHKA EST GOLD MINERALIZATION • ZONE A • N350° trending gold structure extending over 450 meters along strike in a shear zone at the contact of a dolerite dyke and a schist unit. The zone is injected by quartz-ankerite veins and veinlets. • ZONE B • N80° trending gold structure extending over two-
Slide 8: Work Program
TICHKA EST WORK PROGRAM The Independent Technical Report* completed in Q4 2020 recommends a 3-phase exploration program totaling US$ 2,080,725. Q1 2022 Q3 2022 Stream program Continued results, prospection, Q3 2021 Trenching of road Q1 2021 Trenching campaign II, new structures construction and Tren
Slide 9: First Drilling Campaign Results
TICHKA EST FIRST DRILLING COMPAIGN RESULTS • In this campaign 20 RC holes totaling 1,182 meters were attempted. • Of the completed holes mineralization was encountered in five holes with significant intersections including • 3.71 g/t over 9 meters, • 3.03 g/t over 6 meters • 3.30 g/t over 4 meters.
Slide 10: Planned Campaign at Zone B
TICHKA EST PLANNED CAMPAIGN AT ZONE B • The available geological information, at the beginning of the campaign, led to the interpretation of a NE-SW gold mineralization, • Drillholes were therefore planned south and north of gold mineralization (see map), • Seven holes were abandoned due to downhole
Slide 11: Cross Section of TB2022R16 Drill Hole and T2B Trench
TICHKA EST CROSS SECTION OF TB2022R16 DRILL HOLE AND T2B TRENCH TSX.V : SPX | OTC : STLXF 11
Slide 12: Photo of the Mechanical Trench Grading 3.5 g/t over 155.7 m
TICHKA EST PHOTO OF THE MECHANICAL TRENCH GRADING 3.5 G/T OVER 155.7 METERS Légende Mineralisation Piste Sondage Tranchée Tranchée a faire et a cartographier si non faite avec l'accès aux sondages 13 17 16 12 DIRECTION OF THE MECHANICAL TRENCH ➤ N Image © 2022 Maxar Technologies 300 m Image © 2022 M
Slide 13: Key Takeaways from First Drill Campaign
TICHKA EST KEY TAKEAWAYS FROM FIRST DRILL CAMPAIGN • This first drill program was premised on the theory that the gold was contained in a NE sub-vertical sheared structure. Because this first interpretation of the geology proved to be incorrect, the holes were drilled sub-parallel to and not through
Slide 14: Zone A
TICHKA EST ZONE A TSX.V : SPX | OTC : STLXF 14
Slide 15: Zone A Best Trench Results
TICHKA EST ZONE A BEST TRENCH RESULTS • Best Trench results ⎼ Trench 1A: 0.97 g/t Au over 1 meters ⎼ Trench 2A: 3.36 g/t Au over 10 meters ⎼ Trench 3A: 1.18 g/t Au over 6 meters ⎼ Trench 4A: 1.80 g/t Au over 4 meters ⎼ Trench 5A: 1.85 g/t Au over 8 meters ⎼ Trench 6A: 2.70 g/t Au over 5 meters • Nex
Slide 16: Zone B
TICHKA EST ZONE B TSX.V : SPX | OTC : STLXF 16
Slide 17: Zone B Best Trench Results
TICHKA EST ZONE B BEST TRENCH RESULTS • Best Trench results ⎼ Trench 1B: 2.21 g/t Au over 17 meters Gold hosted in Quartz-Oxide Gold hosted in Quartz- ⎼ Trench 2B: 4.55 g/t Au over 15 meters mineralisation Sulfide mineralisation ⎼ Trench 3B: 1.04 g/t Au over 5 meters ⎼ Trench 4B: 1.51 g/t Au over 3
Slide 18: Zone C
TICHKA EST ZONE C Trench T11C 1.55 g/t Au over 5 meters TSX.V : SPX | OTC : STLXF 18
Slide 19: Zone C Best Trench Results
TICHKA EST ZONE C BEST TRENCH RESULTS • Best Trench results ⎼ Trench 1C: 2.08 g/t Au over 2 meters ⎼ Trench 2C: 5.81 g/t Au over 4 meters ⎼ Trench 3C: 3.14 g/t Au over 4 meters ⎼ Trench 4C: 0.92 g/t Au over 7 meters ⎼ Trench 7C: 3.18 g/t Au over 4 meters ⎼ Trench 10C: 2.55 g/t Au over 3 meters ⎼ Tre
Slide 20: Regional Exploration
TICHKA EST REGIONAL EXPLORATION • Acquisition of four (4) new permits (in black) and launch of a regional scale program. • Stream Sediment Sampling completed on the new permits • 6 zones anomalous for gold (Au) • 5 zones anomalous for silver (Ag) • 2 zones anomalous for copper (Cu) • 3 zones anomalo
Slide 21: Regional Exploration Au
TICHKA EST REGIONAL EXPLORATION AU A team of two geologists is currently pursuing the exploration and mapping of surface occurrences of new gold structures following the stream sampling results. TSX.V : SPX | OTC : STLXF 21
Slide 22: Regional Exploration Other Metals
TICHKA EST REGIONAL EXPLORATION OTHER METALS 5 ZONES ANOMALOUS FOR SILVER (AG) 2 ZONES ANOMALOUS FOR COPPER (CU) TSX.V : SPX | OTC : STLXF 22
Slide 23: Regional Exploration Other Metals
TICHKA EST REGIONAL EXPLORATION OTHER METALS 3 ZONES ANOMALOUS FOR ZINC (ZN) 3 ZONES ANOMALOUS FOR LEAD (PB) TSX.V : SPX | OTC : STLXF 23
Slide 24: Road Construction
TICHKA EST ROAD CONSTRUCTION • To take advantage of the heavy equipment and of the experienced operators that is already on site, Stellar has decided to push the access road an additional 2.5 km to the East to access structures C and C2 for further mechanized evaluation and drilling of these structu
Slide 25: Mali Namarana Gold Project
MALI NAMARANA GOLD PROJECT Stellar, through its 100% subsidiary Stellar Pacific Mali SARL, has secured a 52 km2 gold exploration permit in South-West Mali. The Namarana Permit is located near the border with Guinea approximately 100 km W-SW of Bamako, the capital. 25
Slide 26: Namarana Gold Project Prior Exploration
NAMARANA GOLD PROJECT PRIOR EXPLORATION • Few years back, Newmont Mining, in association with Stellar, conducted a field reconnaissance and an airborne magnetic survey on Namarana permit. Extract from geological map • Newmont reported 4 significant grab sample assay results (48.4 g/t Au, 1.33 g/t Au
Slide 27: Namarana 2021 Reconnaissance Program
NAMARANA GOLD PROJECT 2021 RECONNAISSANCE PROGRAM • Twenty-five (25) samples returned gold grades greater than 0.30 g/t and 13 returned grades ranging between 1.0 g/t and 5.7 g/t Au primarily in some quartz veins running roughly north south. • The samples were taken from either surface exposures or
Slide 28: Namarana 2022 Trench Program
NAMARANA GOLD PROJECT 2022 TRENCH PROGRAM • 11 trenches : five trenches on site #T4, four trenches on site #T3 and two trenches on site #T6. • All trenches at T4 site appear to intersect the main sheared zones. This main structure cuts diagonally at N130° across the entire Namarana property over a d
Slide 29: Namarana Trench Program Results
NAMARANA GOLD PROJECT TRENCH PROGRAM RESULTS • Best Trench Results ⎼ Trench 4-2: 2.9 g/t over 16 meters including ⎼ 6.4 g/t over 3 meters including ⎼ 12.15 g/t over 1 meter ⎼ Trench 4-4: 4 g/t Au over 10.0 meters ⎼ Trench 4-5: 11.48 g/t over 4 meters • Next step ⎼ Drill ready project. Namarana struc
Slide 30: Namarana Trench Photos
NAMARANA TRENCH PHOTOS Sixty-six meter trench T4-2 Quartz vein outcropping in trench T4-2 TSX.V : SPX | OTC : STLXF 30
Slide 31: Namarana Gold Project Work Program
NAMARANA GOLD PROJECT WORK PROGRAM Q3 2021 Q1 2022 Exploration Completion of an authorization and environmental impact reconnaissance assessment and trenching program program Q4 2021 TBD Award of Namarana First drilling program exploration permit Works completed Ongoing Works TSX.V : SPX | OTC : STL
Slide 32: Board of Directors and Management
BOARD OF DIRECTORS AND MANAGEMENT John Cumming J Francois Lalonde Maurice Giroux B.A., L.L.B., L.L.M. ENG. B.SC CIVIL ENGINEERING B.SC. GEOLOGY EXECUTIVE CHAIRMAN PRESIDENT & CEO VICE PRESIDENT & COO Mr. Cumming, a corporate finance lawyer and An engineer by profession, Mr. Lalonde has acquired more
Slide 33: Thank You
THANK YOU CUMMING@STELLARAFRICAGOLD.COM LALONDEJF@STELLARAFRICAGOLD.COM HTTP://WWW.STELLARAFRICAGOLD.COM/ The technical content of this presentation has been reviewed and approved by Yassine Belkabir, MScDIC, CEng, MIMMM, a Stellar director and a Qualified Person as defined in NI 43-101. Auditor: Sm
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