Announcement • Apr 10
STLLR Gold Inc. Reports Assay Results from 2026 Drilling Program at Jonpol Deposit of Tower Gold Project
STLLR Gold Inc. was excited to report the first set of assay results from its 2026 drilling program at the Jonpol Deposit at the Garrison Property of the Tower Gold Project in the Timmins Mining Camp in Ontario, Canada. The Jonpol Deposit is situated in the Garrison Property at the eastern end of Tower along the Munro Fault, a splay from the regional Destor-Porcupine Fault Zone. Mineralization is hosted in structurally controlled alteration zones within mafic to ultramafic rocks and gold mineralization is closely associated with felsic intrusive rocks. The 2026 drill program, with an estimated 8,000 m of planned drilling in the first half of the year, is designed to deliver on two primary objectives: Strike Extension: majority of the 2026 meterage targets the western extension of Jonpol’s open-pit mineralization. Successful results here could expand the strike from 400 m as currently defined in the Tower Preliminary Economic Assessment to approximately 1,200 m. Jonpol remains open along strike and at depth. Infill & De-risking: the drill program is also designed to confirm the block model and support the potential expansion of higher-grade mineralization to incorporate into the Tower Mineral Resource Estimate. This first batch of assays intersected high-grade mineralization in targeted areas along the western strike extension. Notably, these results have yielded grades exceeding the current average open-pit grades at Jonpol in the Tower Mineral Resource Estimate, suggesting the potential to expand the mineral resources. Furthermore, these results confirm the current geological model, supporting the potential expansion of higher-grade mineralization. Table 1: 2026 Jonpol Deposit Drilling Highlights: Jonpol MGA26-248 16.52 g/t Au (uncut)/9.22 g/t Au (cut) over 5.85 metres (3.30 m true thickness), Jonpol MGA26-251 1.46 g/t Au over 22.65 m (14.31 m true thickness) (including 5.27 g/t Au over 3.15 m (1.98 m true thickness)). Table 2: Drilling Intercepts: Jonpol MGA26-248 (cut) 160.15 m to 166.00 m, interval 5.85 m, true thickness 3.30 m, grade 9.22 g/t Au, metal factor 53.91; Jonpol MGA26-248 (uncut) 160.15 m to 166.00 m, interval 5.85 m, true thickness 3.30 m, grade 16.52 g/t Au, metal factor 96.64; Jonpol MGA26-249 133.00 m to 135.00 m, interval 2.00 m, true thickness 1.00 m, grade 0.62 g/t Au, metal factor 1.23; Jonpol and 175.00 m to 193.00 m, interval 18.00 m, true thickness 9.04 m, grade 0.64 g/t Au, metal factor 11.50; Jonpol and 220.50 m to 224.65 m, interval 4.15 m, true thickness 2.10 m, grade 0.95 g/t Au, metal factor 3.93; Jonpol MGA26-250 97.00 m to 98.00 m, interval 1.00 m, true thickness 0.62 m, grade 2.44 g/t Au, metal factor 2.44; Jonpol and 147.00 m to 148.00 m, interval 1.00 m, true thickness 0.62 m, grade 0.42 g/t Au, metal factor 0.42; Jonpol MGA26-251 49.70 m to 72.35 m, interval 22.65 m, true thickness 14.31 m, grade 1.46 g/t Au, metal factor 33.07; Jonpol incl. 49.70 m to 52.85 m, interval 3.15 m, true thickness 1.98 m, grade 5.27 g/t Au, metal factor 16.60; Jonpol and 95.20 m to 113.00 m, interval 17.80 m, true thickness 10.92 m, grade 1.13 g/t Au, metal factor 20.04; Jonpol and 138.00 m to 141.25 m, interval 3.25 m, true thickness 2.01 m, grade 0.62 g/t Au, metal factor 2.02; Jonpol and 169.75 m to 172.00 m, interval 2.25 m, true thickness 1.40 m, grade 0.31 g/t Au, metal factor 0.70. Table 3: Drill Hole Details: Jonpol MGA26-248 Easting 577397.395, Northing 5374223.057, Elevation 293.587, Azimuth 158.10, Inclination -51.53, Depth 166.00 m; Jonpol MGA26-249 Easting 577397.339, Northing 5374223.198, Elevation 293.628, Azimuth 159.02, Inclination -56.11, Depth 288.00 m; Jonpol MGA26-250 Easting 577399.660, Northing 5374181.127, Elevation 292.359, Azimuth 159.98, Inclination -45.05, Depth 177.00 m; Jonpol MGA26-251 Easting 577376.850, Northing 5374156.067, Elevation 294.110, Azimuth 160.02, Inclination -45.00, Depth 175.00 m. NQ drill core is oriented and cut with half sent to ALS Laboratories Inc. for drying and crushing to -2 mm, with a 1.00 kg split pulverized to -75 µm (200#). A 50 g charge is Fire Assayed and analyzed using an AAS finish for Gold. Samples above 10.00 g/t Au are analyzed by Fire Assay with a gravimetric finish and selected samples with visible gold or high-grade mineralization are assayed by Metallic Screen Fire Assay on a 1.00 kg sample. STLLR inserts independent certified reference material and blanks with the samples and assays routine pulp repeats, as well as completing routine third-party check assays. True thickness was calculated in Leapfrog Geo, perpendicular to the interpreted plane of mineralization using the dip and dip azimuth of the mineralized zones. All intercepts are calculated using a 0.30 g/t Au cut-off, a maximum of 5 m internal dilution and 25 g/t Au cap applied.
