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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

Comment by IgnacioCashmereon Jan 28, 2024 9:24pm
203 Views
Post# 35849761

RE:RE:Options available at Tower...

RE:RE:Options available at Tower...Wallbridge took an at surface bulk sample early on that resulted in their immediate meteoric rise. I believe it yielded $50 million USD from memory, I won't bother to look it up. The point is, it dies rarely result in a net profit with which the junior can advance their project. Wallbridge didn't advance their project, they pisd it all away on drilling anywhere & everywhere until they were broke & had almost a billion shares thru dilution. But I would believe in better results if this team were to produce a bulk sample with a net profit. Miners can get a 1 time permit for a bulk sample,  run it thru a nearby mill, & see what comes out in the wash. It would have to be near surface to be feasible. 
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