For the company, both projects have the potential for continued growth in mineral resources.
STLLR Gold Inc. announced assay results from exploration drilling at the Colomac Gold Project in the Northwest Territories and the Tower Gold project in the Timmins Mining Camp in Ontario.
Keyvan Salehi, President, CEO and Director of STLLR stated that they continue to intersect very encouraging gold mineralization outside of the known mineral resources of the Colomac Gold project and the Tower Gold project.
“We believe both projects have the potential for continued growth in mineral resources as the deposits remain open in several directions. More analysis results are expected on both the Colomac Gold Project and the Tower Gold Project in the coming weeks,” he said.
Colomac Gold project drilling
The Colomac Main Deposit, the flagship deposit of the Colomac Gold Project, occurs in a north-south distinct mafic sill approximately 9 km long and up to 155 m wide, bounded by mafic volcanic rocks. Mineralization is predominantly free gold spatially associated with quartz-carbonate veins and minor sulphides.
Drilling in 2024 is focused on the southern end (Zones 2.5, 3.0 and 3.5) of the main Colomac deposit, targeting areas where there is a lack of drilling information and the potential to intersect higher grade open pit gold mineralization.
Hole C24-05 intersected new mineralization seventy-five meters north of hole C24-01 in Zone 2.5. This hole tested a zone adjacent to the main deep root structure that is believed to be the focal point for fluid flow or one of the potential “feeders” of mineralization to the main Colomac deposit.
Tower Gold project drilling
STLLR has identified several high potential exploration targets in the Golden Highway area of the Tower Gold Project. These targets are located outside of known mineralization and drilling will test potential extensions of known mineralization or areas where geological interpretation appears favorable for new gold discoveries.
Windjammer North is located within the Northern Corridor volcanoes of the northern branch of the Destor Porcupine Fault Zone. The gold mineralization is associated with pyrite-rich white to light gray quartz-carbonate veins hosted in massive to brecciated ultramafic metavolcanics that have been altered to a green fuchsite-carbonate assemblage.
Hole MGH24-524 intersected mineralization in the ultramafic units, where there was a gap in the data. Hole MGH24-528 was a significant step (0.5 km) east of the Windjammer North deposit, intersecting mineralization on the same lithologic and structural trend as the deposit.
