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STLLR Gold Inc T.STLR

Alternate Symbol(s):  STLRF

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 approximately 4.46 million ounces (Moz) contained gold and a total inferred resource of 8.29 Moz contained gold. The Tower Gold Project hosts nine gold deposits along a nine km long mineralized corridor. The Colomac Gold Project is an open-pit gold project in the Northwest Territories, Canada, 200 km north of the capital city and mining hub Yellowknife. The Colomac Gold Project represents a series of high-grade open pit gold deposits, and gold mineralization remains open on all directions.


TSX:STLR - Post by User

Post by tony1969on May 16, 2024 11:17am
86 Views
Post# 36043471

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

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.
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