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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

Post by tony1969on Feb 28, 2024 1:40pm
155 Views
Post# 35904384

Tower MRE in Q2. I think I will be back on CEO.CA tomorrow!.

Tower MRE in Q2. I think I will be back on CEO.CA tomorrow!.As Sprott said in their latest research (and first under STLLR) there should be a new MRE for TOWER in Q2 of this year.  That is going to include about 150k meters of new drilling post their latest MRE in 2022. I believe (100% my speculation) that this will in a big way determine the near term future of Tower. Our new BOSS has said several times that there are many options going forward for this property.  Who can blame him for wanting some cashflow asap with gold holding steady above $2k US even with high rates and a strong USD (both the ultimate enemies for the metal). There are parts of Tower that are way over the .92 g/t for the 24 LOM they have in their PEA. I believe they can do over 1.3 g/t for over 10 years hitting higher grade OP ore. Maybe more when we see the coming MRE....Let's GO!!
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