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STLLR Gold Inc MEAUF


Primary Symbol: 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 frances1on Mar 29, 2020 5:00pm
207 Views
Post# 30858099

KL interest?

KL interest?interesting that Eric Sprott bought in and Kirkland Lake has three mills in the region, Holt being the closest I think and very efficient up to 300tp/day. They have less than 1.5M ounces in reserves PandP so at what level of resource does ME need to ahieve to make this interesting for them. Certainly at $2300 cad per ounce the economics are strong. Perhaps something to be learned from PAAS not selling their Timmins gold operations means something for the area. I have owned this before but might step back in now. Such a small increase in shares for KL, even if they offered a couple million shares that would be a significant premium for ME. 
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