STLLR Gold Announces Remaining Tower Gold Project Infill Drilling Results
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Figure 1:
Table 1: 55 Zone, Westaway, and Windjammer North Drilling Highlights (See Figures 2, 3, & 4 for drill hole location map and section views of the 55 Zone drilling):
Deposit |
Hole ID |
Result |
||
Westaway |
MGH23-438 |
4.32 g/t Au over 15.60 m (incl. 6.63 g/t Au over 8.00 m) |
||
55 Zone |
MGH23-500 |
2.49 g/t Au over 16.00 m (incl. 17.15 g/t Au over 2.00 m) |
||
55 Zone |
MGH23-381 |
0.88 g/t Au over 43.00 m (incl. 1.45 g/t Au over 17.00 m) |
||
55 Zone |
MGH23-464 |
2.13 g/t Au over 14.50 m (incl. 4.48 g/t Au over 5.80 m) |
||
Windjammer North |
MGH23-488 |
0.77 g/t Au over 111.72 m (incl. 1.01 g/t Au over 26.00) |
||
“g/t Au”: grams per tonne gold; “m”: metres |
Tower Gold Project Update:
- 135,423 m in 511 drill holes of the 2023 infill drill program have been released.
Infill Drilling at 55 Zone, Westaway, and Windjammer North
The 55 Zone, Westaway and Windjammer North Deposits are located on the
The 2023 drill program at 55 Zone, Westaway and Windjammer North were focused on confirming and infilling (50 m drill-centre spacings) the Tower Gold Project Mineral Resource Estimate1 (“Tower MRE”). The results at the 55 Zone provided information that allows the Company to update the Tower MRE block model. Drill hole MGH23-500 (See Figures 2, 3, and 4) returned higher-grade mineralization at depth of the deposit, while drill holes MGH23-464 and MGH23-466 (See Figures 2 and 3) returned higher-grade mineralization closer to the surface.
The drilling results at Westaway and Windjammer North appear to confirm the continuity of mineralization as estimated by the Tower MRE block model. This is evident particularly with holes MGH23-436, MGH23-438 and MGH3-488. Overall, the 2023 infill drilling program will provide critical information to update the Tower MRE. The increased drill density has the potential to upgrade the areas drilled to a higher resource category and further define future geological models.
Table 2: Tower Gold – 55 Zone, Westaway, and Windjammer North: Drill Intercepts
Zone |
Hole Number |
From (m) |
To (m) |
Interval (m) |
Grade (g/t Au) |
Metal Factor
|
55 Zone |
MGH23-371 |
38.85 |
49.25 |
10.40 |
2.23 |
23.19 |
55 Zone |
and |
61.60 |
64.45 |
2.85 |
0.29 |
0.83 |
55 Zone |
and |
105.00 |
174.50 |
69.50 |
0.61 |
42.40 |
55 Zone |
including |
173.50 |
174.50 |
1.00 |
14.50 |
14.50 |
55 Zone |
and |
224.50 |
226.50 |
2.00 |
2.42 |
4.84 |
55 Zone |
and |
241.50 |
243.00 |
1.50 |
1.91 |
2.87 |
55 Zone |
and |
280.00 |
286.00 |
6.00 |
0.92 |
5.52 |
55 Zone |
MGH23-381 |
38.00 |
49.40 |
11.40 |
1.05 |
11.97 |
55 Zone |
and |
58.98 |
60.00 |
1.02 |
1.35 |
1.38 |
55 Zone |
and |
106.00 |
108.00 |
2.00 |
0.61 |
1.22 |
55 Zone |
and |
119.00 |
124.50 |
5.50 |
0.47 |
2.59 |
55 Zone |
and |
129.00 |
172.00 |
43.00 |
0.88 |
37.84 |
55 Zone |
including |
146.00 |
163.00 |
17.00 |
1.45 |
24.65 |
55 Zone |
and |
182.00 |
184.00 |
2.00 |
0.57 |
1.14 |
55 Zone |
and |
186.00 |
191.02 |
5.02 |
0.61 |
3.06 |
55 Zone |
and |
221.00 |
225.20 |
4.20 |
0.87 |
3.65 |
55 Zone |
and |
237.00 |
238.00 |
1.00 |
2.28 |
2.28 |
55 Zone |
MGH23-389 |
34.00 |
40.65 |
6.65 |
1.03 |
6.85 |
55 Zone |
MGH23-394 |
59.00 |
66.00 |
7.00 |
0.46 |
3.22 |
55 Zone |
and |
104.00 |
114.30 |
10.30 |
0.46 |
4.74 |
55 Zone |
and |
126.00 |
128.00 |
2.00 |
1.73 |
3.46 |
55 Zone |
and |
137.00 |
141.00 |
4.00 |
0.69 |
2.76 |
55 Zone |
and |
158.00 |
160.00 |
2.00 |
1.82 |
3.64 |
55 Zone |
and |
173.00 |
176.00 |
3.00 |
0.67 |
2.01 |
55 Zone |
MGH23-399 |
92.00 |
106.00 |
14.00 |
0.58 |
8.12 |
55 Zone |
MGH23-439 |
111.00 |
117.00 |
6.00 |
0.44 |
2.64 |
55 Zone |
and |
146.00 |
147.00 |
1.00 |
1.04 |
1.04 |
55 Zone |
MGH23-442 |
48.00 |
60.00 |
12.00 |
1.11 |
13.32 |
55 Zone |
and |
95.00 |
97.00 |
2.00 |
1.92 |
3.84 |
55 Zone |
and |
174.00 |
206.00 |
32.00 |
0.90 |
28.80 |
55 Zone |
MGH23-447 |
63.00 |
68.00 |
5.00 |
0.54 |
2.70 |
55 Zone |
and |
76.00 |
82.00 |
6.00 |
0.46 |
2.76 |
55 Zone |
and |
124.00 |
152.00 |
28.00 |
0.99 |
27.72 |
55 Zone |
MGH23-451 |
68.00 |
70.00 |
2.00 |
0.91 |
1.82 |
55 Zone |
MGH23-452 |
92.00 |
98.00 |
6.00 |
0.46 |
2.76 |
55 Zone |
MGH23-453 |
72.00 |
76.00 |
4.00 |
0.76 |
3.04 |
55 Zone |
and |
118.00 |
120.00 |
2.00 |
1.13 |
2.26 |
55 Zone |
and |
132.00 |
138.00 |
6.00 |
1.29 |
7.74 |
55 Zone |
MGH23-457 |
75.00 |
81.00 |
6.00 |
1.22 |
7.32 |
55 Zone |
MGH23-459 |
61.15 |
64.20 |
3.05 |
1.34 |
4.09 |
55 Zone |
and |
77.25 |
79.00 |
1.75 |
5.52 |
9.66 |
55 Zone |
MGH23-461 |
44.15 |
47.90 |
3.75 |
4.74 |
17.78 |
55 Zone |
and |
77.50 |
82.60 |
5.10 |
2.31 |
11.78 |
55 Zone |
MGH23-462 |
No Significant Intervals |
||||
55 Zone |
MGH23-464 |
49.00 |
63.50 |
14.50 |
2.13 |
30.89 |
55 Zone |
including |
49.00 |
54.80 |
5.80 |
4.48 |
25.98 |
55 Zone |
MGH23-466 |
45.00 |
55.00 |
10.00 |
2.54 |
25.40 |
55 Zone |
including |
50.65 |
53.10 |
2.45 |
8.01 |
19.62 |
55 Zone |
and |
85.50 |
89.00 |
3.50 |
0.77 |
2.70 |
55 Zone |
MGH23-491 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
55 Zone |
MGH23-497 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
55 Zone |
MGH23-498 |
28.00 |
38.00 |
10.00 |
0.45 |
4.50 |
55 Zone |
and |
52.00 |
61.00 |
9.00 |
1.06 |
9.54 |
55 Zone |
and |
118.00 |
123.00 |
5.00 |
0.71 |
3.55 |
55 Zone |
and |
133.00 |
137.00 |
4.00 |
0.47 |
1.88 |
55 Zone |
and |
236.00 |
250.00 |
14.00 |
0.42 |
5.88 |
55 Zone |
and |
319.00 |
323.00 |
4.00 |
0.97 |
3.88 |
55 Zone |
MGH23-499 |
23.00 |
26.00 |
3.00 |
0.63 |
1.89 |
55 Zone |
and |
44.60 |
46.00 |
1.40 |
1.38 |
1.93 |
55 Zone |
and |
73.45 |
79.00 |
5.55 |
0.64 |
3.55 |
55 Zone |
and |
130.00 |
141.90 |
11.90 |
1.41 |
16.78 |
55 Zone |
and |
167.00 |
173.00 |
6.00 |
0.76 |
4.56 |
55 Zone |
and |
189.35 |
199.75 |
10.40 |
1.37 |
14.25 |
55 Zone |
and |
217.93 |
219.00 |
1.07 |
1.53 |
1.64 |
55 Zone |
MGH23-500 |
45.00 |
48.10 |
3.10 |
2.81 |
8.71 |
55 Zone |
and |
87.00 |
89.00 |
2.00 |
1.82 |
3.64 |
55 Zone |
and |
97.93 |
99.36 |
1.43 |
1.64 |
2.35 |
55 Zone |
and |
137.35 |
149.00 |
11.65 |
1.03 |
12.00 |
55 Zone |
and |
170.00 |
172.00 |
2.00 |
2.66 |
5.32 |
55 Zone |
and |
182.00 |
198.00 |
16.00 |
2.49 |
39.84 |
55 Zone |
including |
194.00 |
196.00 |
2.00 |
17.15 |
34.30 |
55 Zone |
and |
224.00 |
238.00 |
14.00 |
0.89 |
12.46 |
55 Zone |
and |
261.00 |
263.00 |
2.00 |
1.47 |
2.94 |
Windjammer North (WJN) |
MGH23-347 |
51.00 |
107.00 |
56.00 |
0.57 |
31.92 |
Windjammer North (WJN) |
including |
51.00 |
63.00 |
12.00 |
1.09 |
13.08 |
Windjammer North (WJN) |
MGH23-348 |
42.60 |
106.15 |
63.55 |
0.77 |
48.93 |
Windjammer North (WJN) |
MGH23-488 |
30.00 |
141.72 |
111.72 |
0.74 |
82.67 |
Windjammer North (WJN) |
including |
106.00 |
132.00 |
26.00 |
1.01 |
26.26 |
Westaway |
MGH23-436 |
161.50 |
196.45 |
34.95 |
0.61 |
21.32 |
Westaway |
including |
174.42 |
181.75 |
7.33 |
1.46 |
10.70 |
Westaway |
MGH23-438 |
267.00 |
282.60 |
15.60 |
4.32 |
67.39 |
Westaway |
including |
267.00 |
275.00 |
8.00 |
6.63 |
53.04 |
Westaway |
MGH23-445 |
107.00 |
109.00 |
2.00 |
3.70 |
7.40 |
Westaway |
and |
127.00 |
130.00 |
3.00 |
2.27 |
6.81 |
Westaway |
and |
146.00 |
154.00 |
8.00 |
0.42 |
3.36 |
Westaway |
and |
225.00 |
229.00 |
4.00 |
2.08 |
8.32 |
Westaway |
MGH23-448 |
No Significant Intervals |
||||
Westaway |
MGH23-492 |
Geomechanical |
||||
Westaway |
MGH23-495 |
Metallurgical |
||||
Westaway |
MGH23-496 |
|||||
Westaway |
MGH23-496A |
|||||
Westaway |
MGH23-496B |
|||||
Westaway |
MGH23-501 |
165.00 |
169.00 |
4.00 |
1.31 |
5.24 |
Westaway |
and |
179.00 |
183.00 |
4.00 |
1.99 |
7.96 |
Westaway |
MGH23-502 |
No Significant Intervals |
||||
Note: All intercepts are calculated using a 0.30 g/t Au cut-off, a maximum of 5m internal dilution and no top cap applied. Drill intercepts are not true widths. Failed holes, Geomechanical and Geometallurgical drill holes are not shown in the section because they were not assayed. |
Table 3: Tower Gold – 55 Zone and
Zone |
Hole Number |
Easting |
Northing |
Elevation |
Azimuth |
Inclination |
End of Hole Depth (m) |
55 Zone |
MGH23-371 |
569208.042 |
5368884.268 |
319.815 |
159.91 |
-58.02 |
291.0 |
55 Zone |
MGH23-381 |
569208.136 |
5368884.282 |
319.939 |
160.17 |
-53 |
270.0 |
55 Zone |
MGH23-389 |
569164.78 |
5368767.11 |
318.74 |
160.05 |
-54.84 |
75.0 |
55 Zone |
MGH23-394 |
569131.995 |
5368818.866 |
319.237 |
160.02 |
-60.09 |
180.0 |
55 Zone |
MGH23-399 |
568992.11 |
5368743.138 |
319.339 |
160.14 |
-55.14 |
126.0 |
55 Zone |
MGH23-439 |
569386.54 |
5368959.449 |
319.809 |
159.98 |
-56.12 |
162.0 |
55 Zone |
MGH23-442 |
569370.275 |
5368921.703 |
319.184 |
159.94 |
-56.2 |
213.0 |
55 Zone |
MGH23-447 |
569343.033 |
5368878.504 |
318.485 |
160.05 |
-55.99 |
180.0 |
55 Zone |
MGH23-451 |
569380.783 |
5368827.161 |
318.731 |
159.9 |
-56.02 |
111.0 |
55 Zone |
MGH23-452 |
569431.476 |
5368936.017 |
319.536 |
160.09 |
-56.07 |
111.0 |
55 Zone |
MGH23-453 |
569460.627 |
5368912.047 |
319.311 |
158.07 |
-56.09 |
150.0 |
55 Zone |
MGH23-457 |
569456.068 |
5368823.559 |
321.233 |
160.1 |
-56.05 |
102.0 |
55 Zone |
MGH23-459 |
569494.598 |
5368814.063 |
319.886 |
160.01 |
-55.19 |
111.0 |
55 Zone |
MGH23-461 |
569478.538 |
5368865.932 |
319.302 |
160.02 |
-56.06 |
132.0 |
55 Zone |
MGH23-462 |
569549.823 |
5368839.616 |
319.823 |
160.01 |
-55 |
90.0 |
55 Zone |
MGH23-464 |
569538.405 |
5368862.401 |
319.787 |
160.07 |
-55.11 |
102.0 |
55 Zone |
MGH23-466 |
569509.29 |
5368849.081 |
319.738 |
160.01 |
-55.15 |
102.0 |
55 Zone |
MGH23-491 |
569345.23 |
5368850.092 |
318.884 |
0.03 |
-75.03 |
180.0 |
55 Zone |
MGH23-499 |
569254.614 |
5368886.9 |
319.6 |
160.14 |
-56.06 |
270.0 |
55 Zone |
MGH23-500 |
569160.087 |
5368871.18 |
319.66 |
160.05 |
-56 |
282.0 |
WJN |
MGH23-347 |
572229.651 |
5370872.207 |
330.959 |
75.12 |
-61.05 |
111.0 |
WJN |
MGH23-348 |
572142.769 |
5370902.802 |
329.966 |
75.27 |
-61.20 |
150.0 |
WJN |
MGH23-488 |
572082.818 |
5370840.501 |
329.526 |
75.03 |
-60.15 |
162.0 |
Westaway |
MGH23-436 |
570133.596 |
5369021.564 |
324.801 |
59 |
-58.13 |
270.0 |
Westaway |
MGH23-438 |
570186.295 |
5369025.76 |
321.394 |
59.05 |
-57.13 |
321.0 |
Westaway |
MGH23-445 |
570142.832 |
5368980.686 |
320.739 |
59.07 |
-59.1 |
282.0 |
Westaway |
MGH23-448 |
570292.983 |
5369173.108 |
322.012 |
59.95 |
-59.02 |
180.0 |
Westaway |
MGH23-492 |
570276.384 |
5369143.453 |
322.033 |
290.08 |
-74.95 |
261.1 |
Westaway |
MGH23-495 |
570225.42 |
5369148.574 |
327.02 |
50.08 |
-60.03 |
162.0 |
Quality Control Procedures
NQ drill core is oriented and cut with half sent to
Qualified Person
About STLLR Gold
Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to confirmation of the Tower MRE block model, potential expansion of the known mineralization at the
Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of STLLR to be materially different from those expressed or implied by such forward-looking information, including risks associated with required regulatory approvals, the exploration, development and mining such as economic factors as they effect exploration, future commodity prices, changes in foreign exchange and interest rates, actual results of current exploration activities, government regulation, political or economic developments, the ongoing wars and their effect on supply chains, environmental risks, COVID-19 and other pandemic risks, permitting timelines, capex, operating or technical difficulties in connection with development activities, employee relations, the speculative nature of gold exploration and development, including the risks of diminishing quantities of grades of reserves, contests over title to properties, and changes in project parameters as plans continue to be refined as well as those risk factors discussed in the joint management information circular of STLLR dated
____________________________________
1 For more information on the Tower MRE and Tower PEA effective as of
View source version on businesswire.com: https://www.businesswire.com/news/home/20240417536996/en/
STLLR Gold Investor Relations
+1 (416) 863-2105 | investors@stllrgold.com | www.STLLRgold.com
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