Stellar Africagold - up to 583 Ppb GOLD IN Soils at Priority Fifty-Five Prospect, Zuénoula, Côte D’Ivoire
STELLAR AFRICAGOLD - UP TO 583 PPB GOLD IN SOILS
AT PRIORITY FIFTY-FIVE PROSPECT, ZUÉNOULA, CÔTE D’IVOIRE
Vancouver, BC – March 31, 2026 Stellar AfricaGold Inc. (“Stellar” or the “Company”) (TSXV: SPX)
provides the follow ing update on the exploration progress at the Stellar -MetalsGrove Joint Venture
Zuénoula Gold Project, Cote d’Ivoire.
Highlights
• Seven gold prospects now defined by soil sampling at Zuénoula , including previously
announced Fifty-Five, Central and South-East Prospects, with one or more >30 ppb Au soil anomalies.
• The Fifty-Five Prospect upgraded to top -priority exploration target , with a peak 583 ppb Au
soil anomaly located at the centre of a 3.3 km-long, NE-trending gold anomalous corridor (>20 ppb
Au), interpreted to remain open to the northeast
• Central Prospect further strengthened, with a 148 ppb Au soil anomaly confirmed from 400 m
× 400 m infill sampling within a broader anomalous area
• Additional prospects, designated as the Eastern, Rouge, Konezra and South -West prospects,
defined from wide-spaced 1,000 m × 1,000 m soil sampling, highlighting district-scale prospectivity.
• Infill and extensional soil sampling programs planned at Fifty-Five Prospect, including 200 m ×
200 m infill and 400 m × 400 m step-out sampling to the northeast along the interpreted mineralised
trend.
• Large-scale infill 400m x 400m soil program (34 km²) planned between Central and Eastern
Prospects to follow-up multiple, broad-spaced (1000m x 1000m) gold soil anomalies up to 144 ppb Au
and define a potential structural corridor.
• Regolith mapping is nearing completion and LiDAR-orthophoto survey has been extended
northwards to cover Fifty-Five Prospect, supporting improved interpretation of gold anomalies.
Stellar-MetalsGrove Joint Venture Zuénoula Gold Project, Cote d’Ivoire.
The Stellar-MetalsGrove Zuénoula Gold Project is a joint venture exploration project between Stellar’s
Ivorian subsidiary Aucrest SARL (“Aucrest”) and MetalsGrove Mining Ltd . subsidiary MetalsGrove CDI
Pty Ltd (MetalsGrove) to advance Stellar’s 395.78 square kilometer early -stage exploration permit
called Zuénoula in Côte d’Ivoire. Pursuant to the joint venture agreement MetalsGrove, the project
operator, may earn up to a 50% interest in the Zuénoula Gold Project by incurring US$3,000,000 in
exploration expenditures and up to an 80% interest in the Zuénoula Gold Project by incurring a total of
US$6,000,000 in exploration expenditures. (For further details of the Stellar-MetalsGrove Joint Venture
Agreement see Stellar news release December 9, 2025.)
Stellar Management Commentary
Stellar President and CEO J. François Lalonde commented:
“These results, including the identification of a high -grade 583 ppb gold soil anomaly at the Fifty -Five
Prospect within a 3.3 km anomalous trend taken together with the multiple newly defined prospects ,
represent a significant step forward in advancing the exploration at Zuénoula permit, and highlight the
strong district-scale potential of the Zuénoula gold Project.
Significantly, the Fifty -Five anomaly remains open to the northeast, and there is considerable upside
potential in extending sampling along this mineralised corridor. With systematic infill and extensional
sampling programs now planned, and supported by regolith mapping and LiDAR data, the Stellar -
MetalsGrove Joint Venture is well-positioned to rapidly advance these targets towards drill testing.”
Fire Assay Results, Seven Gold Prospects Defined by Soil Sampling
Stellar is pleased to announce is pleased to announce that fire assay gold results received from soil
sampling programs completed at Zuénoula permit (PR -750) in Côte d’Ivoire have defined seven gold
prospects across the Zuénoula permit area (Figure 1). (see Figure 1 below).
Figure 1. Zuénoula soil sampling progress and seven (7) exploration prospects
on aeromagnetic image (RTP)
These seven gold prospects include the previously reported Fifty-Five, Central and South -East
Prospects, together with newly identified Eastern, Rouge, Konezra and South -West Prospects , all
characterised by one or more +30 ppb Au soil anomalies derived from systematic geochemical soil
sampling.
Fifty-Five Prospect
The Fifty-Five Prospect has been elevated to the Company’s highest -priority exploration target
following the identification of a peak soil anomaly of 583 ppb Au in 400 m × 400 m infill soil sampling.
The anomaly is located within the centre of a 3.3 km -long, NE-trending gold anomalous corridor (>20
ppb Au), which is interpreted to be structurally controlled and remains open to the northeast.
The scale, coherency and tenor of the gold soil anomaly strongly indicate potential for bedrock-hosted
gold mineralisation, consistent with the structurally controlled gold mineralisation found within the
Birimian terrane of West Africa.
Central Prospect
At the Central Prospect, located approximately 1 km south of Fifty-Five, a 148 ppb Au soil anomaly has
been identified within a broader ~20 km² zone of scattered >20 ppb Au anomalies (Figure 1).
The distribution and scale of anomalism suggest the presence of potentially multiple mineralised
sources aligned along a NE-trending structural corridor.
Additional Prospects Defined
Four additional new prospects, designated as the Eastern, Rouge, Konezra and South-West prospects,
have been delineated by broad-spaced 1,000 m × 1,000 m soil sampling, each defined by discrete >30
ppb Au soil anomalies.
These results demonstrate the district -scale gold potential of the Zuénoula permit and highlight
multiple areas to focus systematic follow-up exploration.
Regolith and LiDAR Programs
To support the interpretation of soil geochemistry, the Company is conducting extensive regolith
mapping and flying two LiDAR-orthophoto surveys to develop high-resolution topographic models of
priority prospect areas (Figure 2).
• Regolith mapping is nearing completion and will define areas of transported versus residual
cover, improving confidence in anomaly interpretation
• Two high -resolution LiDAR -orthophoto surveys has been flown at the Fifty -Five and Central
Prospects, providing detailed topographic data to assist in mapping:
o Drainage patterns
o Soil transport pathways
o Structural features
o Areas of outcrop
o Artisanal mining activity, if present.
These datasets will play a critical role in refining exploration targets and optimising follow-up exploration
programs.
Figure 2. Zuénoula regolith mapping and LiDAR-orthophoto areas
Next Phase of Work
The Company is planning a systematic next phase of exploration to advance priority prospects (Figure
3), including: -
1. Infill soil sampling at Fifty-Five Prospect
o 200 m × 200 m grid over approximately 12 km²
2. Extensional sampling at Fifty-Five Prospect
o 400 m × 400 m grid over approximately 11 km²
o Focused to the northeast along the interpreted gold anomalous trend
3. Infill sampling between Central, Eastern and Konezra Prospects
o 400 m × 400 m grid over approximately 34 km², designed to test and define mineralised
corridor
4. Completion and integration of regolith mapping
o 160 km² area already mapped
o To identify areas where transported cover may impact the effectiveness of soil
geochemistry
5. Processing and interpretation of LiDAR-orthophoto data
o Two areas covering 32 km² to support structural and geomorphological interpretation
6. Prioritisation of follow-up programs
o Across Rouge, South-West and Konezra Prospects
Figure 3. Zuénoula planned next phases of soil infill sampling
About the Zuénoula Gold Project
The Stellar-MetalsGrove Zuénoula Gold Project is a joint venture exploration project between Stellar’s
Ivorian subsidiary Aucrest SARL (“Aucrest”) and MetalsGrove Mining Ltd. subsidiary MetalsGrove CDI
Pty Ltd (MetalsGrove) to advance Stellar’s 395.78 square kilometer early -stage exploration permit in
Côte d’Ivoire. The Zuénoula permit is strategically situated along the Abujar–Napié gold trend within
the Oumé–Fetekro Birimian greenstone belt in central Côte d’Ivoire, 100km north of the Abujar Gold
Mine and 160 km south of the Napié Gold Deposit. (see Figure 4 below)
Figure 4. Geology Map of the Stellar-MetalsGrove Zuénoula Gold Project
and Historical Exploration Results1
1 Historical BLEG results sourced from African Gold Limited Annual Report 2023; Historical Auger drilling result sourced fro m Ricca
Resources Limited Financial Report for half year ending 31 December 2021.
Qualified Person
The technical information contained in this release has been reviewed and approved by Mr. Robert
Perring, a current member of the Australian Institute of Geoscientists (MAIG) and Exploration Manager
of MetalsGrove Mining Limited. Mr. Perring is a Qualified Person under National Instrument 43-101.
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 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.
QA/QC
JORC Code, 2012 Edition – Table 1
Section 1- Sampling T echniques and Data
Criteria JORC Code Explanation Commentary
Sampling
T echniques
• Nature and quality of sampling (e.g.
cut channels, random chips, or
specific specialized industry standard
measurement tools appropriate to the
minerals under investigation, such as
down hole gamma sondes, or
handheld XRF instruments, etc.) These
examples should not be taken as
limiting the broad meaning of
sampling.
• Include reference to measures taken
to ensure sample representivity and
the appropriate calibration of any
measurement tools or systems used.
• Aspects of the determination of
mineralisation that are Material to the
Public Report.
In cases where ‘industry standard’ work
has been done, this would be relatively
simple (e.g. ‘reverse circulation drilling
was used to obtain 1 m samples from
which 3 kg was pulverised to produce
a 30 g charge for fire assay’). In other
cases, more explanation may be
required, such as where there is
coarse gold that has inherent sampling
problems. Unusual commodities or
mineralisation types (e.g. submarine
nodules) may warrant disclosure of
detailed information.
No drilling has been undertaken on Zuenoula
PR-750
All soil samples collected on Zuenoula PR-
750 have been analysed for gold by fire assay
at Bureau Veritas laboratory in Abidjan, Côte
d’Ivoire.
SOIL SAMPLING STAGES
• Stage 1: Initial, permit-wide, broad-
spaced soil sampling on 1000m x 1000m
grid
• Stage 2: Gold anomalous clusters and
trends defined by multiple anomalous soil
samples (+20ppb Au) are then infilled with
soil samples collected on 400m x 400m
grid
• Stage 3: Coherent gold soil anomalies are
then infilled with soil samples collected
on 200m x 200m grid
• Stage 4: Higher-density soil sampling
(100m x 50m), augering and/or trenching
are options that are considered for the
next phase of infill sampling depending
upon the coherency and areal distribution
of the gold anomalous soil samples
• Stage 5: Aircore drill testing of coherent
gold soil anomalies.
SOIL SAMPLING PROCEDURES
• MGA has contracted the experienced
consulting group SEMS Exploration
Services (SEMS) to conduct all soil
sampling
• Up to four sampling crews may be active
at any one time
• The MGA Exploration Manager was onsite
at the start of the field program to instruct
the sampling crew on the Standard
Sampling Procedure required by MGA
• MGA provided SEMS Exploration Services
with an Excel table listing the designated
sample point locations using WGS-84
UTM zone 29N coordinates
• Each soil sample is collected from within
20 metres of the designated sample point,
with the actual sample point then
recorded
• At each sample point: 1) the organic rich
soil is brushed away, 2) a 40cm deep hole
dug and the sample collected by taking a
channel-cut along the bottom 20cm of the
hole, 3) 1000g of the minus 2mm sieved
fraction of each sample is collected from
the sample point, 4) gold is determined by
fire assay (LDL 2ppb)
• Duplicate samples are collected every
20th sample, certified reference material
(CRM) inserted every 20th sample, and
blanks inserted every 20th sample.
• Samples are stored at the secure SEMS
field compound in Zuénoula prior to
transport to Bureau Veritas in Abidjan of
gold analysis.
Drilling
T echniques
• Drill type (e.g. core, reverse
circulation, open-hole hammer, rotary
air blast, auger, Bangka, sonic, etc.)
and details (e.g. core diameter, triple or
standard tube, depth of diamond tails,
face-sampling bit or other type, whether core
is oriented and if so, by what method, etc).
• No drilling has been undertaken.
Drill Sample
Recovery
• Method of recording and assessing
core and chip sample recoveries and
results assessed.
• Measures taken to maximise sample
recovery and ensure representative
nature of the samples.
• Whether a relationship exists between
sample recovery and grade, and
whether sample bias may have
occurred due to preferential loss/gain
of fine/coarse material.
• No drilling has been undertaken.
Logging • Whether core and chip samples have
been geologically and geotechnically
logged to a level of detail to support
appropriate Mineral Resource
estimation, mining studies and
metallurgical studies.
• Whether logging is qualitative or
quantitative in nature. Core (or
costean, channel, etc.) photography.
• The total length and percentage of
the relevant intersections logged.
• No drilling has been undertaken
• Soil samples are comprehensively logged
for a range of parameters including colour,
soil horizon, sample weight, slope,
dominant grain size (clay, silt, sand),
general topography, residual or
transported, proximity to artisanal
workings, other ground disturbances such
as field plowing, and general land use
(grassland, plantation, crop, etc.).
Sub-sampling
Techniques
and Sample
Preparation
• If core, whether cut or sawn and
whether quarter, half or all core
taken.
• If non-core, whether riffled, tube
sampled, rotary split, etc. and
• No drilling has been undertaken
• No sub-sampling of the 1000g soil
samples is undertaken prior to the
sample arriving at Bureau Veritas
laboratory