Bullboard - Stock Discussion Forum STLLR Gold Inc STLRF

Primary Symbol: T.STLR

Metals & Mining Gold

STLLR Gold Inc., formerly Moneta Gold Inc., is a Canadian gold development company. The Company advances in two gold projects, namely Tower Gold Project in the Timmins Mining Camp in Ontario and the Colomac Gold Project located north of Yellowknife, Northwest Territories. Its Tower Gold Project is located approximately 100 kilometers (km) east of Timmins and hosts a total indicated resource of... see more

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STLLR Gold Inc > STLLR's global ounces are 82% OP....

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Post by tony1969 on May 16, 2024 11:17am

STLLR's global ounces are 82% OP....

FACT: 82% of the 17.8 global ounces (Colomac and Tower) STLLR has in both inferred and indicated categories are OP. In my opinion this is great news as it is MUCH easier and MUCH more economical to mine OP ounces versus UG ounces. Can't wait to see the upcoming Tower MRE to see if they can get over 1 g/t from the current 0.9 g/t both indicated. I bet that there is a good chance they do even if they have to sacrifice a bit of ounces to do so. Great time to add here with a US cap right around $105m.