STLLR Gold Drills 10.10 G/T Gold over 5.57 Metres at Jonpol Deposit, Tower Gold Project, Ontario

Why It Matters

Extending Jonpol’s strike and confirming higher grades could boost the Tower project's production profile and overall economics, making it a more attractive long‑life gold asset.

Key Takeaways

• MGA26-265 intersected 10.10 g/t Au over 5.57 m near surface.
• Results suggest Jonpol strike could extend to ~1,200 m.
• Higher open‑pit grades may improve Tower project's economics.
• Drill program targets strike extension and resource de‑risking.

Pulse Analysis

STLLR Gold’s recent drill results underscore the growing potential of the Jonpol Deposit, a key component of the Tower Gold Project in the Timmins Mining Camp. The 10.10 g/t Au intercept over 5.57 m and a 20.22 g/t Au pocket demonstrate that high‑grade mineralization remains near the surface, a favorable condition for open‑pit mining. These assays align with the company’s geological model that places gold within structurally controlled alteration zones along the Munro Fault, reinforcing confidence in the continuity of the ore body.

The strategic focus of the 2026 program is two‑fold: extending the strike length and de‑risking the existing resource estimate. By targeting the western extension, STLLR aims to triple the current 400‑metre strike to roughly 1,200 metres, a scale that could significantly increase the measured and indicated resources. Simultaneously, infill drilling seeks to validate block‑model assumptions and capture higher‑grade pockets that could lift the average open‑pit grade above the figures used in the Preliminary Economic Assessment. Such improvements would enhance the project's net‑present value and potentially attract additional equity or joint‑venture partners.

In the broader context, the Tower Gold Project sits among a cluster of high‑potential assets in Ontario, a jurisdiction known for stable mining regulations and skilled labor. If STLLR successfully demonstrates both expanded strike length and superior grades, the project could transition from a development-stage asset to a near‑term producer, complementing its other initiatives at Hollinger Tailings and Colomac. This upward trajectory would not only diversify the company’s portfolio but also position it to capitalize on rising gold prices and investor appetite for Canadian gold projects.