RE:2024-02-16 SCP Equity Research | PT 4.30"Why we like STLLR
1. Large 18Moz globally resource endowment in Canada across two assets
2. Flagship Tower Gold: 2.5Moz PEA inv. / 200-300koz pa, on infrastructure near Timmins ON
3. Colomac PEA: 2.6Moz @ 1.3g/t pittable / 782koz @ 4.1g/t UG for >300koz pa in NWT
4. Control >1,000km2 in prime underexplored Archean greenstone belts Catalysts • 2Q24: Tower MRE ‘refresh’ focused on higher grade OP • CY24: Colomac exploration / resource expansion"