Stellar Africagold, Inc. · TSXV:SPX

Stellar Africagold — Investor Presentation (November 2025)

16 slides from Stellar Africagold's investor presentation, Nov 4, 2025

  1. Slide 1: Exploring For Gold In Morocco & Côte D'Ivoire

    TSX-: SPX Exploring For Gold In July 2025 Morocco & Côte D’Ivoire

  2. Slide 2: Legal Disclaimer And Qualifying Person

    Legal Disclaimer And Qualifying Person The technical content of this presentation has been reviewed and approved by Mr.Yassine Belkabir, MScDIC, Ceng, MIMMM, a Stellar director and a Qualified Person as defined in NI 43-101. All information included in this presentation, including any information as

  3. Slide 3: Overview

    Overview Morocco Côte d’Ivoire New Gold Discovery New Permit Trenches include: • Greenfield permit located along the • 3.5 g/t Au over 155.7m same NE-trend as the Abujar mine • 4.67 g/t Au over 14m • Stream-sediment program underway • 4.55 g/t Au over 15m • 3.71 g/t Au over 9m Tichka Est Zuénoula •

  4. Slide 4: Management and Directors

    Management and Directors A Team with Extensive Experience in Africa EXECUTIVE CHAIRMAN PRESIDENT & CEO DIRECTOR DIRECTOR John Cumming J. François Lalonde Yassine Belkabir Dr. Paul Kitto Former EVP & CFO of Merrex Gold; negotiated JV with Engineer with 35+ years’ experience across four continents. Fo

  5. Slide 5: Corporate Snapshot

    Corporate Snapshot Capital Structure 81% Capitalization (at August 28, 2025) Share Retail Shares Outstanding 41.00M Ownership 19% Share Price (Can$) $0.12 Insider Basic Market Cap 5M Pre Resource Stage Comparable African Gold Companies Warrants 12,000,000 (US$M) 115 109 Market Cap Options 3,440,000

  6. Slide 6: Morocco

    Morocco Strong Mining Industry & Export Contributor Top Mining Jurisdiction Growing Interest in Gold Exploration • Mining GDP reach ~US$3B in 2023, 52% increase since 2016 • #27 in Investment Attractiveness • Morocco’s gold exploration budget surged to US$9.2M in Global Index 2023, marking an increa

  7. Slide 7: Morocco – Tichka Est Gold Project

    Morocco – Tichka Est Gold Project The project (82 km², 5 permits) is accessible year-round via national and regional road Mediterranean Sea • 9 km access road constructed by Stellar from Analghi village to main showings Follow-up on ONHYM’s strong stream sediment anomalies lead Stellar to the discov

  8. Slide 8: Tichka Est Gold Project

    Tichka Est Gold Project Three Gold Bearing Zones Identified Already with Regional Upside Zone A N350° trending gold structure extending over 450 meters along strike Lies along shear zone at the contact of a dolerite dyke and a schist unit and is injected by quartz-ankerite veins and veinlets. Zone B

  9. Slide 9: Morocco – Tichka Est Takeaways From Trenching & First Drill Campaign

    Morocco – Tichka Est Takeaways From Trenching & First Drill Campaign Excellent First Pass Trenching and Drilling Results • In the first 2022 campaign, 20 RC holes totaling 1,182 m were completed • Five holes contained significant intersections • Trenching before RC drilling also produced significant

  10. Slide 10: Follow-up Interpretation and 3D modelling

    Follow-up Interpretation and 3D modelling Zone B As a result of ongoing exploration: The geological model was revised & most holes were drilled did not target to the newly interpreted subvertical mineralized structure associated with diorite sills Within the Diorite Gold mineralization is found with

  11. Slide 11: Tichka Est Gold Project Zone B – Dioritic Sills

    Tichka Est Gold Project Zone B – Dioritic Sills Structural interpretation and Target Confirmation • High-grade gold has been intersected in both dioritic sills and intrusive dykes • Mineralized shoots interpreted to plunge gently to the north-northeast. • Gold is predominantly hosted in NE-trending,

  12. Slide 12: Summer 2025 Drill Program

    Summer 2025 Drill Program • Road improvements and expansion of access roads have been performed Drilling program of 10 hole, 1,500- metre in progress to test: • Lateral and down-dip continuity of the MT1 sill-hosted mineralization • High-grade NE shear-hosted shoots • Depth extensions of trench 7B d

  13. Slide 13: Expansion Potential

    Expansion Potential Spring 2025 Mapping and Sampling Program Reinforces Structure B’s Potential • Prospecting, sampling and mapping continue within an in an expanding area around Zones A, B & C • Initial results from 2025 sampling reveal new high-grade vein systems underscoring strong expansion pote

  14. Slide 14: Côte D'Ivoire

    Côte D’Ivoire Significant Growth & Opportunities in Mining Stable & Secure Environment for Mining • Recent discovery of a • 8th largest gold producer • Also a key producer of • Côte d'Ivoire boasts • According to S&P Capital • The World Bank’s significant gold deposit in in Africa, with production o

  15. Slide 15: Côte d'Ivoire Zuénoula Gold project

    Côte d’Ivoire Zuénoula Gold project Zuénoula was granted in Q2 2024 and is valid for 4 years • This can be extended a further 3 + 3 years with renewals v The permit is along the same structural trend that hosts Zhaojin’s (Previously Tietto Minerals) Abujar Mine Geological interpretation suggests gra

  16. Slide 16: TSX-V: SPX

    TSX-V: SPX 4908 Pine Crescent Vancouver, British Columbia V6M 3P6 For More Information Contact: July 2025 J. Francois Lalonde lalondejf@stellarafricagold.com cumming@stellarafricagold.com

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