Stellar Africagold Mill Construction Update
STELLAR AFRICAGOLD MILL CONSTRUCTION UPDATE
Vancouver, January 8, 2018 – John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc.,
(TSX-V: SPX) ("Stellar" or the "Company") announces:
BALANDOUGOU GOLD PROJECT MILL CONSTRUCTION UPDATE
Stellar is developing the promising gold potential of the advanced exploration stage B3 Zone of its 100%
controlled Balandougou Gold Project in Guinea, including the installation of a 150 tonnes per day (“tpd”)
gravity separation plant based on design parameters d efined by SGS South Africa and manufactured by Henan
Xingyang Mining Machinery Manufactory, a branch of XKJ Solution Group of Zhengzhou, China , to process a
15,000 tonnes bulk sample.
Construction crews and management supe rvisors have returned to work after a brief seasonal holiday break.
The gravity plant equipment, structural steel footings and structural steel supports have been delivered to the
mine site and final assembly and installation is underway.
Picture 1
150 tpd Gravity Plant
View from floor showing the upper vibrating
feeder and primary crusher
Picture 2
5 tonnes per hour (“tph”)ball mill
The concrete foundation and the steel reinforced concrete slab to support the heavy components of the mill
are complete. Installation of steel infrastructure and supports for upper vibrating feeder and primary crusher is
also complete. The cylinder washing machine is in place as is the 10-metres ore conveyer running from the
feeder to the washing machine. Workers are currently preparing the steel structures to support the secondary
crusher and the ball mill which complete the milling line.
Picture 3
150 tpd Gravity Plant
View from loading platform showing the upper
vibrating feeder and 20-30 tph cylinder washing
machine
Picture 4
150 tpd Gravity Plant
Steel workers at work on ore conveyer with
Knelson concentrators model STL60,
capacity, 25-35 tph (right)
A 40' shipping container, which will be repurposed into a secure 'gold room', is on site for transformation and
installation of a shaking table Model 6S with capacity to process 30 -60 tpd of gold concentrate from the
Knelson Concentrator. The gold room will also house the high frequency smelting furnace.
The entire milling plant installation will be powered by a 250 KW YTO Diesel Generator set.
To alleviate any potential water supply problems and completely eliminate the high cost of transporting water
from local sources, two 100-metres deep water wells have been drilled near the mill and are now operational.
The initial flow tests for both wells are completed and together the two wells are supplying between 10 -
15,000 litres of water per hour , i.e. combined well steady flow rate. Stellar had previously built a 1.5 million
litre reservoir which is being filled from the wells. The mill requires up to 30,000 litres per hour of water flow of
which about 75% will be recycled and reused , therefore there will be abund ant water supply for milling
operations from the well flow and the reservoir. Any net decline in the reservoir level at the end of the day will
be replenished overnight.
Final materials and accessories including air conditioning units and other electrical supplies, stoves and sanitary
fixtures for the five support buildings are on site. Construction of sleeping facilities, kitchen and cafeteria, and
bathrooms, showers and laundry is 90% completed. Day workers either reside or are accommodated in local
villages, and military and guards are housed at Stellar’s original exploration camp nearby.
Picture 5
Staff Camp Site
Building 1 (staff accommodation and office) of 5
buildings total. The mill camp has sleeping
accommodation for up to 12 people.
Picture 6
1.5 million litre water reservoir before filling
Stellar has extracted and stockpiled the first 15,000 tonnes of gold-mineralized oxide material from an
identified extraction trench and this material is ready for processing as an initial bulk sample once
commissioning of the plant begins. All construction is expected to be completed by the end of January and mill
commissioning will commence immediately thereafter. Processing of the 15,000 tonnes bulk sample is
expected to take approximately 4 months.
ABOUT STELLAR AFRICAGOLD INC.
Stellar AfricaGold Inc. is a Canadian gold exploration Company based in Montreal, Quebec, with operations
concentrated mainly in West Africa and in Quebec.
The Company is currently developing the promising gold potential of the advanced exploration stage
Balandougou project in Guinea, including a 15,000 tonne bulk sample program. (see News Release March 1,
2017) The Company also owns the Namarana project in neighbouring Mali. In Quebec, the Company owns
100% of the Opawica Project in the Chibougamau mining camp.
The technical content of this press release has been reviewed and approved by independent consultant Greg
Isenor, P. Geo, a Qualified Person as defined in NI 43-101.
For further information please contact:
John Cumming, President & CEO, Stellar AfricaGold Inc.,
4908 Pine Crescent, Vancouver, BC, V6M 3P6, or
Maurice Giroux, VP Exploration, Stellar AfricaGold Inc.,
1035 West Laurier Street, Suite 201, Montréal (Québec) H2V 2L1.
Tel.: 514-866-6299 Email: [email protected]
Additional information is available on the Company’s website at www.stellarafricagold.com.
On Behalf of the Board
John Cumming, LLM,
President & CEO
This release contains certain "forward -looking information" under applicable Canadian securities laws concerning the
Arrangement. Forward-looking information reflects the Company’s current internal expectations or beliefs and is based
on information curren tly available to the Company. In some cases forward -looking information can be identified by
terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "projects",
"potential", "scheduled", "forecast", "bu dget" or the negative of those terms or other comparable terminology.
Assumptions upon which such forward -looking information is based includes, among others, that the conditions to
closing of the Arrangement will be satisfied and that the Arrangement will be completed on the terms set out in the
definitive agreement. Many of these assumptions are based on factors and events that are not within the control of the
Company, and there is no assurance they will prove to be correct or accurate. Risk factors that could cause actual results
to differ materially from those predicted herein include, without limitation: that the remaining conditions to the
Arrangement will not be satisfied; that the business prospects and opportunities of the Company will not proceed as
anticipated; changes in the global prices for gold or certain other commodities (such as diesel, aluminum and
electricity); changes in U.S. dollar and other currency exchange rates, interest rates or gold lease rates; risks arising
from holding derivative instruments; the level of liquidity and capital resources; access to capital markets, financing and
interest rates; mining tax regimes; ability to successfully integrate acquired assets; legislative, political or economic
developments in the jurisdictio ns in which the Company carries on business; operating or technical difficulties in
connection with mining or development activities; laws and regulations governing the protection of the environment;
employee relations; availability and increasing costs associated with mining inputs and labour; the speculative nature of
exploration and development; contests over title to properties, particularly title to undeveloped properties; and the risks
involved in the exploration, development and mining business. Risk s and unknowns inherent in all projects include the
inaccuracy of estimated reserves and resources, metallurgical recoveries, capital and operating costs of such projects,
and the future prices for the relevant minerals.
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.