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STLLR Gold Intersects 1.97 g/t Au over 41.5 m at Colomac Deposit near Windjammer

Jun 13, 2024


STLLR Gold Inc. has announced assay results from the exploration drilling at the Colomac Gold Project in the Northwest Territories and at the Tower Gold Project in the Timmins Mining Camp.

Table 1: 2024 Exploration Drilling Highlights - Colomac Main Deposit, Windjammer Central, and Windjammer South:

ZoneHole IDAssay Result

Colomac MainC24-011.97 g/t Au over 41.50 m (incl. 2.96 g/t Au over 21.25 m, also incl. 7.40 g/t Au over 2.55 m) 

Windjammer CentralMGH24-5250.88 g/t Au over 67.35 m (incl. 1.11 g/t Au over 33.00 m)

Windjammer CentralMGH24-5231.13 g/t Au over 24.00 m within 0.63 g/t Au over 118.00 m

Windjammer SouthMGH24-5096.52 g/t Au over 2.10 m

Keyvan Salehi, P.Eng., MBA, President, CEO, and Director of STLLR stated: "Our exploration drilling continues to yield promising results. We intersected high-grade, coarse-gold mineralization at the Colomac Main Deposit in an area outside the estimated 2023 Colomac PEA1 pit-shell that had limited drilling data. At Windjammer Central, we intersected wide zones of mineralization in areas outside the known mineralization."

"We anticipate receiving more exploration drill assay results from the Colomac Gold Project and the Tower Gold Project in the coming weeks. Stay tuned for further updates."

Colomac Gold Project Drilling - Colomac Main Deposit (See Figures 1-5)

The Colomac Main Deposit, the primary deposit of the Colomac Gold Project, occurs in a north-south striking differentiated mafic sill, approximately 9 km long and up to 155 m wide, bounded by mafic volcanic rocks. Mineralization is predominantly free-gold spatially associated with quartz-carbonate veining and minor sulphides. 

The Colomac Main Deposit has been arbitrarily divided into 6 mineralized zones along strike. Drilling in 2024 is focused on the southern-end (Zones 2.5, 3.0, & 3.5) of Colomac Main, targeting areas where there is the lack of drilling information and has the potential to intersect higher-grade, open-pit gold mineralization. Hole C24-01 targeted Zone 2.5 and intersected coarse-gold mineralization within the quartz-diorite.

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Figure 1: Colomac Main - Photo #1 of Coarse-Gold Intersected by Hole C24-01 (287.3 m) 

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Figure 2: Colomac Gold Project - Property Map

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Figure 3: Colomac Main - Exploration Results Map

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Figure 4: Colomac Main - Exploration Drilling Cross Section "A-B" Looking North

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Figure 5: Colomac Main - Photo #2 of Coarse-Gold Intersected by Hole C24-01 (298.4 m) 

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Tower Gold Project Drilling - Golden Highway Exploration Targets (See Figures 6-8)

STLLR has identified several high-potential exploration targets in the Golden Highway area of the Tower Gold Project (See Figure 6 for the Drill Location Map). These targets are located outside of the known mineralization and drilling will test either the potential extensions of the known mineralization or areas where the geological interpretation appears favourable for new gold discoveries. 

Windjammer Central

Windjammer Central is a continuation of the Windjammer Deposit located immediately north of the regional Banded Iron Formation, hosted in Timiskaming-age, clastic sediment-hosted stacked quartz veins. The mineralization is bound to the north by the mafic to ultramafic units associated with the Discovery Deposit. Hole MGH24-523 intersected broad mineralization in an area not previously drilled. Hole MGH24-525 intersected mineralization outside the 2022 Tower MRE2 block model. 

Windjammer and Southwest South Limb Targets

Windjammer South and Southwest mineralization are primarily associated with the Timiskaming-age, clastic sediment-hosted stacked quartz-veins located immediately south of the regional Banded Iron Formation on the north limb of a folded basin. Drilling at Windjammer South and Southwest tested the potential for similar mineralization controls along the south limb of the basin. Initial results confirm continued gold mineralization along the primary mineralizing structures. Based on positive indications that the mineralized system continues within the southern portion of the basin, follow up work is required in the winter. 

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Figure 6: Tower Gold Project - Drill Location Map

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Figure 7: Windjammer Central - Exploration Results Map

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Figure 8: Windjammer Central - Exploration Drilling Cross Section "E-F" Looking Northwest



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