- Canadian junior miner STLLR Gold (TSX:STLR) unveiled new infill drilling results achieved with the help of artificial intelligence (AI) at its Tower project in Ontario
- Intercepts are highlighted by 2.57 grams per ton of gold over 25.40 metres, improving upon those detailed in Tower’s 2022 resource estimate
- STLLR is a Canadian gold company developing two projects with the potential for long-life, large-scale operations in Ontario and the Northwest Territories
- STLLR Gold stock last traded at C$1.07 per share and is relatively unchanged since the merger that formed the existing company in February 2024
Canadian junior miner STLLR Gold (TSX:STLR) unveiled new infill drilling results achieved with the help of artificial intelligence (AI) at its Tower project in Ontario.
Infill drilling highlights from the 903 Deposit include:
| Zone | Hole ID | Assay result |
| 903 | MGA25-227 | 2.22 grams per ton (g/t) of gold over 33 metres, including 2.57 g/t gold over 25.40 metres |
| 903 | MGA25-233 | 2.95 g/t gold over 7 metres |
According to Thursday’s news release, STLLR used AI “to optimize drill meterage and mineral resource conversion,” encountering near-surface mineralization with grades higher than the 2022 resource estimate for Tower’s 903 deposit.
The Tower project, located in the Timmins Mining Camp, houses a mineral resource currently estimated at 4.5 million ounces grading 0.92 g/t gold indicated and 8.3 million ounces grading 1.09 g/t gold inferred.
Final assays from the company’s completed 5,000-metre drilling program remain pending.
Leadership insights
“We continue to intersect higher-grade mineralization at the 903 Deposit from our AI-assisted infill drilling program,” Keyvan Salehi, president and chief executive officer of STLLR Gold, said in a statement. “More importantly, we continue to confirm mineralization in areas where we have the potential to convert resources to higher-confidence levels. The updated mineral resource estimate and preliminary economic assessment for the Tower gold project remain on track for completion in the first half of 2025. In parallel, assay results from the ongoing characterization program at the Hollinger tailings project continue to be received, with an update expected in the near future.”
About STLLR Gold
STLLR is a Canadian gold company developing two projects with the potential for long-life, large-scale operations in Ontario and the Northwest Territories. The company’s management team has a track record of successfully advancing projects and operating mines.
STLLR Gold stock (TSX:STLR) last traded at C$1.07 per share and is relatively unchanged since the merger that formed the existing company in February 2024.
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(Top image: STLLR Gold)