STLLR initial testing of Hollinger tailings excites management

STLLR Gold Inc. has announced promising initial results from its characterization program at the Hollinger Tailings Project in Timmins. 

Key Takeaways from First Batch of Hollinger Characterization Results

• Consistent Grades: Results confirmed uniform grade profiles across the drilled areas, with most holes intersecting mineralization throughout their length.
• Gold Grades Warrant Further Studies: Most holes returned favourable grades that warrant advancing toward a mineral resource estimate and economic studies.
• First Batch Overview: This batch includes 49 of a planned 400 holes targeting the northwest area of Hollinger. Assay results for the remaining holes are pending.

Keyvan Salehi, P.Eng., MBA, President, CEO, and Director of STLLR, commented:"We are thrilled with the initial results from Hollinger. Drilling in the northwest area of the project revealed consistent gold grades that warrant advancing toward a mineral resource estimate and economic studies. The uniform gold mineralization throughout the entire length of most holes suggest amenability for potential mining and milling, pending further technical studies.

"This batch represents 49 holes of a planned 400 holes that have been completed at Hollinger. The sonic drills for the characterization program have been efficient and we will provide further updates as we receive the assay results in the coming weeks. Stay tuned."

Hollinger Characterization Program

Located in southeast Timmins, Ontario, the Hollinger Tailings Project holds tailings from the historic Hollinger Mine, once the world's largest gold mine. Operating from 1910 to 1968, it produced 19 million ounces of gold at an average grade of 9.9 grams per tonne.1The site contains an estimated 50-60 million tonnes of tailings. Recent amendments to Ontario's Mining Act2 streamline permitting, enabling reprocessing of legacy tailings while promoting environmental remediation. With low capital requirements and favorable gold prices, the Company believes that Hollinger offers significant upside potential.

In February 2025, STLLR launched a characterization program to assess the project's value, establish a path towards a mineral resource estimate, and gather information for a reclamation plan. Taking advantage of the favourable winter conditions, the Company has since completed approximately 10,000 m using sonic drills, with holes spaced by 50 m in a grid pattern. Initial assay results delivered consistent gold grades across multiple holes, providing compelling early evidence to support advancing toward a mineral resource estimate and further economic evaluation at today's strong gold prices.

Tags: Northern Ontario / Exploration / Gold / All Articles