John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., is pleased to announce the Company has signed an arrangement agreement with Mosaic Minerals Corp. in connection with the previously announced sale of the Opawica gold project in Quebec to Mosaic. On September 8, 2018, Stellar closed the Opawica Sale in escrow subject to [...]
Vancouver, B.C. / TheNewswire / October 23 - John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: Balandougou Gravity Mill Bulk Sampling Update Notwithstanding the recent upgrades and adjustments to the Balandougou gravity mill and concentrators the gold recovery remained below expectations with daily gold [...]
John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: Further to the Company's June 28 and August 9, 2018 news releases, Stellar and Mosaic Minerals Inc. have closed the sale of the Opawica Gold Project in escrow. Final closing and release from escrow will follow shareholder approval at Stellar's October 31 [...]
John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: Gravity Mill Improvements Completed Further to the Company's news release of July 25, 2018 the Company is pleased to announce that having completed some important configuration and structural modifications to the Balandougou Gold Project gravity plant [...]
John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: Further to the Company's June 28, 2018 news release, Stellar and Mosaic Minerals Inc. have amended the mineral property sale and purchase agreement for the 33 claim Opawica gold project , Quebec. The amended agreement now provides for closing the transaction [...]
Vancouver, July 25, 2018 / TheNewswire / John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., is pleased to announce: Gravity Mill Efficiency Review Complete and Adjustments Underway Stellar is pleased to announce that the review of processing operations at the Balandougou gravity mill is complete. Several processing [...]
John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: Effective July 3, 2018 the Company suspended milling operations at the Balandougou gravity mill for an undetermined but short period of time to review elements of the processing operation to improve mill capacity and gold recovery. Management Commentary [...]
John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: GUINEA EXPLORATION PERMIT EXPANSION The Company has organized a new subsidiary in Guinea, Stellar Guinea SARL, which has applied for a strategic new exploration permit in the Balandougou region. Stellar Guinea SARL has applied for a 92 Km2 permit which will [...]
John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: The Company's Balandougou gravity mill has tested processing operations and recovered its first gold. During a management site inspection which included a comprehensive mill operations test and demonstration, 21.5 tonnes of gold-mineralized oxide was [...]
John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: PRIVATE PLACEMENT CLOSED Further to the Company's news release of April 25, 2018 the Company has closed a fully subscribed non-brokered private placement offering and issued 6,200,000 units at a price of $0.05 per unit for gross proceeds of C$310,000. Each [...]
John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: PRIVATE PLACEMENT The Company is proceeding with a non-brokered private placement offering of 6,210,000 units at a price of $0.05 per unit for gross proceeds of C$310,000. Each unit will be comprised of one common share and one-half share purchase warrant [...]
John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., announces: Construction of the 150 tonnes per day gravity separation plant at the B3 Zone of Stellar's 100% controlled Balandougou Gold Project in Guinea is complete and commissioning of mill equipment is proceeding well. All mill components have been tested [...]
