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Bullboard - Stock Discussion Forum 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... see more

TSX:STLR - Post Discussion

STLLR Gold Inc > A question on the Westaway deposit I asked IR today...
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Post by tony1969 on Jun 19, 2024 3:19pm

A question on the Westaway deposit I asked IR today...

Here are the last twelve months of insider trades for STLLR. I would think it obviously includes both ME and NHK trades for those months pre merger on Feb 6 2024. There have been 522,697 shares bought by insiders and zero shares sold. Nice ratio! Source: money.tmx.com
 
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from #stlr, 
 
@TonyLovesGold I posted this here about a month ago referring to the Westaway deposit at Tower: "As far as OP inferred ounces that can be moved to indicated I always find myself going back to the Westaway deposit OP portion. It has only 22,106 Tons or one tenth of the tons of the OP inferred ounces (total Tower so far OP Inferred Tons 223,910 Grade 0.92 Ounces 6,652,000) I mentioned in another previous post with a grade of 1.95 or more than double the 0.9 g/t they have for all OP indicated and this small portion includes 1,383,000 ounces. What I am getting at here is that I would think that ME did LOTS of infill drilling here being that this much higher grade gold is concentrated in a relatively small area. Best Bang for the Buck principle as far as $ spent in drilling and best way to raise the all important g/t/."
 
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@TonyLovesGold Today I emailed IR with a question about my previous post and how truly valuable Westaway is to STLLR being that it's OP inferred part is 1.95 g/t and holds about 1.4m ounces. That alone is a decent mine for any other junior explorer. For us it is a mini mine within a massive mine. I asked why there was not being much said about this concentrated high grade deposit. IR told me that ME did over 120 thousand meters of infill drilling and that all of these results will be included in the coming Tower MRE. I would think that ME did LOTS of infilling at Westaway because those 1.4m ounces with a 1.95 g/t can really help the overall OP indicated grade and OP ounce count. IR went on to mention that drilling this year is focused purely on exploration so basically large step-outs looking for new discoveries. Thanks Allan for always taking the time to respond to all of my questions as openly as possible....Just sharing some facts here guys...
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