STLLR Gold Inc T.STLR

Alternate Symbol(s): STLRF

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 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.

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STLLR Gold Inc > Rating Still Excellent

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Post by goldennorthon Feb 16, 2023 6:00pm

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Post# 35290954

Rating Still Excellent

Sprott Equity Reseach update on Moneta Gold. Looking good.

"We maintain our BUY rating and C$4.60/sh PT based on 0.3xNAV5%-1850, adding only US$5/oz for pittable resources outside inventory plus cash/options. In our view the clear advantage of this project is the feed optionality (multiple pits + UGs), allowing for optimal strip, stockpile, and schedule to drive payback—which we think will evolve further as drilling progresses. Key catalysts remain more drilling and updated MRE ahead of the 2024 PFS."

https://sprott.com/media/6176/230215-me-scp-drilling.pdf