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Stellar Africagold Intersects Multiple GOLD-Bearing Zones and Confirms Structural Controls at

Exploration Programs

STELLAR AFRICAGOLD INTERSECTS MULTIPLE GOLD-BEARING ZONES

AND CONFIRMS STRUCTURAL CONTROLS AT

TICHKA EST, MOROCCO – DRILLING RESUMED ON JANUARY 30, 2026

Vancouver, BC – February 3rd, 2026 – Stellar AfricaGold Inc. (“Stellar” or the “Company”) (TSX-V: SPX | FSE: 6YP

| TGAT: 6YP) is pleased to report additional assay results and an updated interpretation from its ongoing diamond

drilling program at the Tichka Est Gold Project, located in the High Atlas Mountains of Morocco.

Results received to date confirm the presence of a structurally controlled orogenic gold system, with gold

mineralization preferentially hosted within fractured diorite sills and associated carbonate-altered zones linked

to secondary shear structures. These results materially advance the Company’s geological understanding of the

project and provide a clear framework for follow-up drilling.

Assay results for two completed drill holes remain pending and will be released once received and validated.

Following a temporary interruption due to unusually severe winter weather, diamond drilling resumed on

January 30th, 2026, with at least two additional drill holes planned.

Highlights – Diamond Drilling

• Multiple gold -bearing zones intersected across several drill holes , confirming the presence and

continuity of mineralization beyond the initial discovery hole TCK_001

• Best new intercept :

o TCK_006: 6.0m @ 3.81g/t Au from 69 m,

o highlights the development of higher-grade mineralization within stacked horizons

• Results support a refined structural model , with gold preferentially concentrated in competent host

rocks affected by secondary shearing

• Drilling resumed on January 30 th, 2026, targeting extensions of known mineralization and additional

near-surface targets identified through mapping and trenching

Gold intercepts from drill hole TCK_001, including 13.0m @ 6.12g/t Au at 0.1g/t Cut-off grade, were reported

previously (see Company news release dated January 8, 2026).

Updated Composite Drill Intercepts (0.20g/t Au Cut-off)

The Company has recalculated composite gold intersections for all drill holes completed to date using a 0.20g/t

Au cut-off, a maximum internal dilution of 3.0 metres, and excluding dilution at interval boundaries. This

compositing approach better reflects the continuity of mineralization observed within fractured diorite and

carbonate-altered zones.

Table 1 below summarizes positive composite intercepts (0.2 g/t Au cut-off) from all drill holes completed to

date.

Table – Summary of Gold Intercepts using 0.2 g/t Au cut-off

Hole ID From (m) To (m) Interval (m) Au (g/t)

TCK_001 76.0 79.0 3.0 0.47

83.0 87.0 4.0 1.07

89.0 90.0 1.0 0.25

93.0 99.0 6.0 3.48

125.0 137.0 12.0 6.62

TCK_002 73.0 74.0 1.0 0.87

79.0 80.0 1.0 0.35

TCK_003 179.0 182.0 3.0 0.22

104.0 205.0 1.0 0.23

207.0 209.0 2.0 0.22

TCK_004 79.0 80.0 1.0 0.96

85.0 86.0 1.0 0.23

89.0 103.0 4.0 2.45

120.0 121.0 1.0 1.06

TCK_006 0.0 3.0 3.0 0.6

35.0 48.0 13.0 0.5

55.0 57.0 2.0 0.51

69.0 75.0 6.0 3.81

87.0 90.0 3.0 0.47

Notes:

• Intervals are downhole lengths; true widths are not yet known.

• Grades are uncut, length-weighted averages.

• Composite intervals were calculated using a 0.20g/t Au cut-off with a maximum internal dilution of

3.0metres; dilution at interval boundaries is excluded.

Geological Interpretation

Drilling completed to date indicates that gold mineralization at Tichka Est is preferentially localized within

competent lithologies, notably fractured diorite sills and adjacent carbonate units affected by secondary shear

structures (cf. TCK_001 and TCK_006).

Figure 1. Cross section of drillhole TCK_001 showing drillhole geology and gold assays.

Figure 2. Cross section of drillhole TCK_006 showing drillhole geology and gold assays.

Drill hole TCK_003 intersected the Tizgui Shear Zone, characterized by intense brecciation and pervasive calcite

veining, but returned limited gold values. This is interpreted to reflect efficient fluid transport along major

regional structures, with gold deposition occurring preferentially in zones of elevated fracture density within

rigid host rocks rather than within the shear zones themselves.

Figure 3. Cross sections of drillholes TCK_003 showing drillhole geology and gold assays.

Drilling and surface observations further indicate that the mineralized diorite bodies occur predominantly as

sub-horizontal sills. This geometry promotes the development of laterally extensive fracture networks within

competent rocks, enhancing fluid–rock interaction and gold precipitation, particularly where these sills are

intersected by secondary shear structures.

Overall, this interpretation is consistent with an orogenic gold system and refines the Company’s exploration

model by delineating high-priority structural–lithological traps.

Next Steps

Now that drilling has resumed, the Company plans to :

- Continue two additional holes on the secondary shear structures interpreted to be linked to the Erdouz

Fault System

- Evaluate structural repetitions and stacked mineralized horizons identified through surface and further

drilling work.

CEO Commentary

Stellar President and CEO J. François Lalonde commented “These results confirm that Tichka Est hosts a

structurally controlled gold system, with mineralization concentrated within fractured diorite and associated

carbonate-altered zones rather than within the main fault zones themselves. The refined geological m odel and

interpretations provide a clear roadmap for the next phase of drilling as operations resume.”

Quality Assurance / Quality Control

All drill core was logged, sampled, and securely transported to Afrilab, an ISO-certified laboratory in Marrakech,

Morocco. Gold analyses were completed using standard fire assay methods. A comprehensive QA/QC program

was implemented, including the insertion of blanks, duplicates, and certified reference materials.

The drilling campaign at Tichka Est is being conducted by two geologists from the African Bureau of Mining

Consultants, under the supervision of Mr. Yassine Belkabir.

Diamond drilling was conducted using HQ diameter core. Core runs were retrieved every 3.0 m or less, with

recovery measured and recorded for each run. Core was oriented with a Reflex ACT III tool, photographed (wet

and dry), and logged for lithology, alteration, mineralization, and structure.

Sampling intervals for assay were typically one meter in length, defined by geological boundaries. Core was cut

with a diamond saw, LHS half-core archived, and RHS half-core submitted for analysis.

Sample preparation and assaying were performed by Afrilab in Marrakech, an ISO -certified laboratory

independent of the Company. Samples were crushed to 70% passing 2 mm, split to 250 g, and pulverized to 85%

passing 75 μm. Gold assays were performed using 50 g fire assay with an atomic absorption spectroscopy (AAS)

finish. Over-limit assays (>5 g/t Au) were re-assayed.

QA/QC program consisted of 26 reference materials (standards), 26 blanks inserted by geologists and 18

duplicates at regular intervals. In addition, Laboratory QA/QC protocols included internal blanks, standards, and

duplicates, with performance reported t o the exploration team for independent review. No material QA/QC

issues were noted in the batches reported.

Qualified Person

The technical information contained in this release has been reviewed and approved by Yassine Belkabir, CEng

MIMMM, a Stellar director and a Qualified Person under National Instrument 43-101

About the Tichka Est Gold Project

The Tichka Est Gold Project comprises seven permits covering an area of 82km2 located in the High Altas region

of Morocco approximately 90km south of Marrakech. Under an earn -in agreement with Morocco’s National

Office for Hydrocarbons and Mining (ONYHM) Stellar can earn an 85% interest after incurring exploration

expenditures totaling US$2.39M (C$3.5M) over three years.

To date early -stage exploration (mapping, sampling, trenching and a small first pass RC drill program ) has

identified three gold-bearing zones: Zone A extending over 450 meters along strike, Zone B: extending over two

kilometers along strike and Zone C extending over two kilometers along strike. Additionally, regional stream

sediment sampling over a 12 km2 are a surrounding the three known gold zones identified numerous other

metal anomalous zones that warrant further mapping and sampling. In total the following anomalies have been

highlighted: 6 zones anomalous for gold, 5 zones anomalous for silver, 2 zones a nomalous for copper and 3

zones anomalous for lead and zinc. Most areas of the seven permits have never received any modern

exploration.

For more detailed information on the Tichka Est Gold Project readers are referred to Stellar’s website at

www.stellarafricagold.com.

About Stellar Africagold Inc.

Stellar AfricaGold Inc. is a Canadian precious metal exploration company focused on precious metals in North

and West Africa, with active programs in Morocco and Côte d’Ivoire. Stellar’s principal exploration projects are

its advancing gold discovery at the Tichka Est Gold Project in Morocco, and its early-stage exploration Zuénoula

Gold Project in Côte d’Ivoire which is now operated in joint venture with MetalsGrove Mining Ltd subsidiary,

MetalsGrove CDI Pty Ltd.

The Company is listed on the TSX Venture Exchange symbol TSX.V: SPX, the Tradegate Exchange TGAT: 6YP and

the Frankfurt Stock Exchange FSX: 6YP.

The Company maintains its head office in Vancouver, BC and has a country office in Marrakech, Morocco.

Stellar’s President and CEO J. François Lalonde can be contacted at +1 514-9940654 or by email at

[email protected]

Additional information is available on the Company’s website at www.stellarafricagold.com.

On Behalf of the Board

J. François Lalonde

President & CEO

This news release contains “forward-looking statements” within the meaning of applicable Canadian securities

laws, including statements regarding the grant of PSUs, the potential vesting of such PSUs upon the

achievement of future production milestones, the issuance of common shares of the Company upon settlement

of vested PSUs, and the acceptance of the TSX Venture Exchange.

Forward-looking statements are based on expectations, estimates and projections as at the date of this news

release and are subject to known and unknown risks, uncertainties and other factors that may cause actual

results or events to differ materially from those expressed or implied. Such risks and uncertainties include, but

are not limited to, the Company not achieving the production milestones described herein, changes in business

plans or commodity prices, failure to obtain regulatory approvals, and the risk factors described in the

Company’s most recent Management’s Discussion and Analysis and Annual Information Form, which are

available on SEDAR+ at www.sedarplus.ca.

Forward-looking statements are not guarantees of future performance and should not be unduly relied upon.

Except as required by law, the Company undertakes no obligation to update or revise any forward -looking

statements contained herein.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.