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Stellar AfricaGold - District-Scale Soil Sampling Defines First Gold Exploration Target At Zuenoula, Cote D'ivoire

Source: TheNewsWire

(TheNewswire)

Vancouver, BC – February 4, 2026 – TheNewswire - Stellar AfricaGoldInc. (“Stellar” or the “Company”)provides the following update on the exploration progress at theStellar-MetalsGrove Joint Venture Zuénoula Gold Project, Coted’Ivoire.

Highlights

    • District-scalesoil sampling (1km by 1km) defines first gold exploration target onZuénoula.

    • 13 km2 area tobe infilled with higher density sampling (400m by 400m) to define thecentre of gold anomalism and trend of mineralisation.

    • InnovativePortablePPB field assay lab established in nearby town of Zuénoula tofacilitate rapid analysis of MGA samples

    • Field samplingcommenced 10 January and 200 of the planned initial 320 (1km by 1km)soil samples already collected

    • Gold anomalouscluster is located within an interpreted NE-trending belt of maficvolcanic rocks on the NW-side of an interpreted small graniteintrusion

    • Second SEMSExploration sampling crew being mobilised to further increase samplingcapacity

Stellar-MetalsGroveJoint Venture Zuénoula Gold Project, Cote d’Ivoire.

The Stellar-MetalsGroveZuénoula Gold Project is a joint venture exploration project betweenStellar’s  Ivorian subsidiary Aucrest SARL (“Aucrest”) andMetalsGrove Mining Ltd. subsidiary, MetalsGrove CDI Pty Ltd(MetalsGrove) to advance Stellar’s 395.78 square kilometerearly-stage exploration permit called the in Côte d’Ivoire.Pursuant to the joint venture agreement project operator MetalsGrovemay earn up to a 50% interest in the Zuénoula Gold Project byincurring US$3,000,000 in exploration expenditures and up to an 80% interest in the Zuénoula Gold Project byincurring a total of US$6,000,000 in exploration expenditures.(For further details of the Stellar-MetalsGroveJoint Venture Agreement see Stellar news release December 9,2025.)

Stellar ManagementCommentary

Stellar President andCEO J. François Lalonde commented:

We are pleased with the rapid commencement of exploration byMetallsGrove at the Zuénoula Gold Project and with the earlyindications of anomalous gold in the soil sampling. I extend ourthanks to the MetalsGrove team on the fast start to 2026exploration.”

MetalsGrove ManagementCommentary

MetalsGrove ManagingDirector and CEO, Mr Lijun Yang, commented:

“These initial resultsare a great start to our 2026 field season and the application of theinnovative PortablePPB assay technology eliminated the usual timedelay between sample collection, receipt of assays, and theimplementation of follow-up in-fill soil sampling.  I am also pleasedthat SEMS has additional capacity to mobilise a second sampling crewto Zuénoula to further increase our rate of sampling.”

“The Zuénoula permitlies in an exploration corridor with favourable geologicalcharacteristics, including mixed volcanic and metasedimentlithological sequences, complex structural features, and activeartisanal workings, all of which are strong indicators of golddiscovery potential.”

Zuénoula Soil SamplingUpdate

Stellar is pleased toannounce that initial sampling on Stellar-MetalsGrove Zuénoula GoldProject has defined a significant cluster of three 1km by 1km spacedgold anomalous (15 to 33 dU) soil samples coincident with aNE-trending magnetic feature interpreted to reflect a mafic volcanicunit intruded by an elongated granite.

Field work at Zuénoulacommenced four weeks after the Stellar-MetalsGrove JV agreement wassigned, and of the initial 320 broadly-spaced (1km by 1km) soilsamples planned, 200 have been collected and 124 assayed, with furtherassays to be received within the coming days. A further 90 infillsamples over 13 km2 are to be collected on 400m by 400m centres tofollow-up the initial gold anomalous cluster of three soil samples.Further infill will then be initiated to a point that will facilitatethe effective sighting of drill holes.


Click Image To View Full Size

Figure 1. Mapillustrating progress of soil sampling on Zuénoula permit and thelocation of the recently defined gold anomalous soil cluster (soon tobe infilled) on aeromagnetic (RTP) image


Click Image To View Full Size

Figure 2. Mapillustrating progress of soil sampling on Zuénoula permit and thelocation of the recently defined gold anomalous soil cluster (soon tobe infilled) on Google image

QA/QC

JORC Code, 2012 Edition – Table 1

Section 1- Sampling Techniques and Data

(Criteria in this section apply to all succeedingsections)

Criteria

JORC Code Explanation

Commentary

Sampling Techniques

  • Nature and quality of sampling (e.g. cut channels,random chips, or specific specialied industrystandard measurement tools appropriate to the minerals underinvestigation, such as downhole gamma sondes, orhandheld XRF instruments, etc.) These examples should not be taken aslimiting the broad meaning of sampling. 

  • Include reference to measures taken to ensure samplerepresentivity and the appropriate calibration of any measurementtools or systems used. 

  • Aspects of the determination ofmineralisation that are Material to the PublicReport. 

 

In cases where ‘industry standard’ work has beendone, this would be relatively simple (e.g. ‘reverse circulationdrilling was used to obtain 1 m samples fromwhich 3 kg was pulverised to produce a 30 g charge for fire assay’).In other cases, more explanation may be required, such as where thereis coarse gold that has inherent sampling problems. Unusualcommodities or mineralisation types (e.g. submarine nodules) maywarrant disclosure of detailed information.

 

No drilling has been undertaken. The current ASXannouncement presents initial results of a soil geochemical surveybeing undertaken on the Zuénoula project PR-750 in Coted’Ivoire.

 

Soil Sampling (PortablePPB): Initial broad-spaced (1km by 1km) soil sampling supported byrapid field analysis of samples using the PortablePPB analyticaltechnique is being undertaken so that gold anomalous trends can beidentified and infill sampling conducted to define drill targetsbefore the field crew is demobilized.

  • The highly professional and experienced consultinggroup SEMS Exploration Services has been contracted to conduct soilsampling and assay the samples using their PortablePPB mobilelaboratory 

  • The MGA Exploration Manager was onsite at the start ofthe field program to instruct the sampling crew on the StandardSampling Procedure required by MGA  

  • MGA provided SEMS Exploration Services with an Exceltable listing the designated sample point locations using WGS-84 UTMzone 29N coordinates 

  • Each soil sample is collected from within 100 metres ofthe designated sample point, with the actual sample point thenrecorded 

  • At each sample point: 1) the organic rich soil isbrushed away, 2) a 15cm deep hole is dug and the sample collected bytaking a channel-cut along the entire length of the hole, 3) 800g ofthe minus 2mm sieved fraction of each sample is collected from thesample point, 4) at the field lab in Zuénoula, a hand-held XRF (pXRF)is used to determine and record arsenic, copper, nickel, tungsten,iron and manganese concentrations 5) gold is  determined using thePortablePPB technique and results are reported in dU, an partial extracted gold measurement units 

  • Duplicate samples are collected every 20th sample andgiven the next sample number 

  • No Standards other than instrument calibrationstandards are used to avoid low-level gold contamination. Goldanomalous samples sites (+15dU Au) are to bere-assayed using the fire assay technique atMSALabs in Yamoussoukro 

  • Samples are processed and stored at the secure SEMSfield laboratory and compound in Zuénoula. 

  • Assay results are reported to MetalsGrove within 48hours so that infill sampling can be planned and scheduled. 

Drilling Techniques

  • Drill type (e.g. core, reverse circulation, open-holehammer, rotary air blast, auger, Bangka, sonic, etc.) and details(e.g. corediameter,tripleorstandardtube,depthofdiamond tails, face-sampling bit or other type, whether coreis oriented and if so, by what method, etc). 

 
  • No drilling has been undertaken. 

Drill Sample Recovery

  • Method of recording and assessing core and chip samplerecoveries and results assessed. 

  • Measures taken to maximise sample recovery and ensurerepresentative nature of the samples. 

  • Whether a relationship exists between sample recoveryand grade,andwhethersamplebias may have occurred due to preferentialloss/gain of fine/coarsematerial. 

  • No drilling has been undertaken. 

Logging

  • Whether core and chip samples have been geologically and geotechnicallyloggedtolevel ofdetail to support appropriate Mineral Resource estimation,miningstudiesandmetallurgical studies. 

  • Whether loggingisqualitativeor quantitative in nature.Core (or costean, channel, etc.) photography. 

  • Thetotallengthandpercentage oftherelevantintersections logged. 

  • No drilling has been undertaken.  

  • Soil samples are comprehensively logged for a range ofparameters including color, soil horizon, sample weight, slope,dominant grain size (clay, silt, sand), general topography, residualor transported, proximity to artisanal workings, other grounddisturbances such as field plowing, and general land use (grassland,plantation, crop, etc.). 

Sub-sampling Techniquesand Sample Preparation

  • Ifcore,whethercutorsawnand whetherquarter, half or all core taken. 

  • Ifnon-core,whetherriffled,tube sampled, rotary split, etc. and whether sampled wet ordry. 

  • For all sample types, the nature, quality andappropriateness of the sample preparation technique. 

  • Quality control procedures adopted for all sub-samplingstagestomaximiserepresentivity of samples. 

  • Measures taken to ensure that thesamplingisrepresentativeof the in-situ materialcollected, including, for instance, results for fieldduplicate/second-half sampling. 

  • Whethersample sizes are appropriate to the grain size ofthe material being sampled. 

  • No drilling has been undertaken.  

  • The 800g -2mm soil fraction collected in the field isriffle split at the field laboratory in Zuénoula into two 400gsub-samples, with one used for PortablePPB analysis and the other usedfor pXRF and fire assay analysis when the PortablePPB determinationequals or exceeds 15dU 

  • The 400g subset of the initial 800g sample is obtainedusing a riffle splitter to ensure adequate mixing of thesample. 

   

Quality of Assay Data and Laboratory Tests

  • The nature, quality and appropriateness of the assayingandlaboratoryproceduresused and whether thetechnique is considered partial or total. 

  • Forgeophysical tools,spectrometers, handheld XRFinstruments,etc.,theparameters used in determining theanalysis, including instrument make and model, reading times,calibrationfactorsapplied,and 

their derivation, etc.

  • Nature of quality control procedures adopted (e.g.standards, blanks, duplicates, externallaboratorychecks)and whether acceptable levels of accuracy (i.e. lack of bias)and precision have beenestablished. 

  • Samples are analysed using the patented detectORE™process developed by Portable PPB Pty Ltd in Australia 

  • The process involves a partial extraction using thesafe, non-dangerous GLIX-20® reagent that is akin to traditional BLEG(which uses a cyanide leach) 

  • The 400g samples are added to the reagent and tumbledfor 12 hours, into which the detectORE™ collector device had beeninserted 

  • After the bottle roll process has completed, thecollector device is removed, washed, and dried prior to reading on aVanta M (VMR) pXRF loaded with Evident/Olympus’s detectORE™mode 

  • The entire process is managed using Portable PPB’sPortable Lab Information Management System (pLIMSTM), which recordsall aspects of the sample throughput, including QAQC and control ofthe pXRF via the Application ProgrammingInterface to Olympus/Evident’s co-developed detectORE™ mode. 

  • Certified Collector Devices (CCDs) supplied byPortablePPB with known quantities of gold ranging from 0 -1000 ppb areused to check that the pXRF was functioning correctly and that theinstrument settings were as intended. One CCD serves as a blank. 

  • The pLIMS software confirmed the instrument settingsare correct and the VMR is operating as expected, controlled by thepLIMS API and Evident’s detectORE™ firmware. 

 

Verification of Samplingand Assaying

  • The verification of significant intersections by eitherindependent or alternative company personnel. 

  • Theuseoftwinnedholes. 

  • Documentationofprimarydata, data entry procedures,data verification, data storage (physical and electronic) protocols. 

  • Discussanyadjustmentstoassay data. 

  • The detectORE™ process is checked in accordance withPortablePPB’s recommended processes and procedures. These includethe insertion of 400g reference materials (RMs).  

  • The RMs comprise mixtures of commercial CertifiedReference Materials (CRMs) and barren regolith material. The RMs areof known, but uncertified gold concentration and are used to checkthat the leach and collect process has worked as intended during the12-hour bottle roll.  

  • RMs were inserted at a rate of 1 every 44 samplesthroughout the sample batches. The RMs were checked against PortablePPB’s cloud-based database and passed within the accepted toleranceranges for the technique, currently 20% (3 sigma).  

  • The pXRF instrument settings are checked using a rangeof Certified Collector Devices, which are used to confirm the pXRF isoperating as expected. The pXRF spectral files are reviewed byPortable PPB’s cloud and SME procedures.  

Location of Data Points

  • Accuracy and qualityof surveysused to locate drillholes (collar and down-hole surveys), trenches,mine workings and other locations used in Mineral Resourceestimation. 

  • Specification of the grid system used. 

  • Quality and adequacy of topographic control. 

  • A handheld GPS is used to locate the soil datapositions, with a +/-5m vertical and horizontal accuracy 

  • Sample locations (UTM WGS84 zone 29N) and sampledescriptions are noted on a standard form in the field and enteredinto a computer of an evening 

  • GPS measurements of sample positions are sufficientlyaccurate for first pass, board-spaced sample collection.  

Data Spacing and Distribution

  • Data spacing for reporting ExplorationResults. 

  • Whether the data spacing and distribution is sufficientto establish the degree of geologicalandgradecontinuity appropriate for the Mineral Resource and OreReserve estimation procedure(s) and classifications applied. 

  • Whethersamplecompositing hasbeenapplied. 

  • The 1km by 1km offset soil sample pattern over thepermit area, excluding areas of irrigated sugar cane, is considered aneffective technique for identifying and delimiting gold anomaloustrends, which are then followed up with higher density sampling, with400m by 400m as the next phase and then further infill as required todefine well constrained drill targets. 

 

Orientation of data in relationto geological alstructure

  • Whether the orientation of sampling achieves unbiasedsampling of possible structures and the extent to which this is known,considering the deposit type. 

  • If the relationship between the drilling orientationand the orientation of key mineralised structures is considered tohave introduced a sampling bias, this should be assessed and reportedif material. 

  • The sample location configuration has been deliberatelyplanned to avoid directional bias. 

Sample security

  • The measures taken to ensure sample security. 

  • 800g of the -2mm sieved fraction of soil samples arecollected in plastic bags, assigned individual sample numbers andtransported to the secure SEMS lab and compound in Zuénoula for golddetermination by PortablePPB.  

Audits or Reviews

  • The results of any audits or reviews of samplingtechniques and data. 

  • The sampling and assay technique adopted by MetalsGrovehas been effectively used in the Vavoua-Kounahiri district, and morewidely in Cote d’Ivoire, to define drill targets and it isconsidered an effective initial approach for defining gold anomalouslithogeochemical trends. 

 

Section 2 - Reporting ofExploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria

JORC Code Explanation

Commentary

Mineral Tenement and LandTenure Status

  • Type, reference name/number, location and ownership,including agreements or material issues with third parties such asjoint ventures, partnerships, overriding royalties, native titleinterests, historical sites, wilderness or national park andenvironmental settings. 

  • The security of the tenure held at the time ofreporting, along with any known impediments to obtaining a licence tooperate in the area. 

  • Following the acquisition of the three Gemica joint venture (JV) permits inCôte d’Ivoire, MetalsGrove entered into another JV with TSX-Vlisting company Stellar AfricaGold Inc. (Stellar) for its PR-750Zuénoula permit. PR-750 was granted on 17 April 2024 for an initialfour-year period, renewable for two additional three-year periods. 

  • The Zuénoula permit is located between existing MetalsGrove controlled Kounahiri West and Vavouapermits along the same Birimian greenstone belt. The two groups ofjoint venture permits (4) occupy a combined area of 1,315 km²,strategically situated along the Abujar–Napie gold trend within theOumé–Fetekro Birimian greenstone belt in central west of Côte d’Ivoire,approximately 100 km north of the Abujar gold mine and 160 km south ofthe Napie gold project. 

Exploration Done by Other Parties.

  • Acknowledgement and appraisal of exploration by otherparties. 

  • MetalsGrove is not aware of any previous systematicexploration for gold having been conducted with the Zuénoula permitPR-750. 

Geology

  • Deposit type, geological setting, and style ofmineralisation. 

  • The Zuénoula permit (Stellar JV), together with theVavoua, Vavoua West, and Kounahiri West permitsacquired through the Gemica JV, are in thecentral west of Côte d'Ivoire at the south edge of the WestAfrica craton. This region is the world’s largest Proterozoicgold-producing region, and Cote d’Ivoire contains 35% of theregion’s Birimian Group rocks, which host multiplemulti-million-ounce gold deposits. 

 
  • The Gemica JV permits and Stellar JV permit, together cover a combinedarea of 1,315 km², and are strategically situated along theAbujar–Napie gold trend within the Oumé–Fetekro Birimiangreenstone belt, and are located approximately 100 km north of theAbujar gold mine and 160 km south of the Napie gold project. 

Drillhole Information

  • A summary of all information material to theunderstanding of the exploration results, including a tabulation ofthe following information for all Material drill holes: 

  • easting and northing of the drillhole collar elevationor RL (Reduced Level – elevation above sea level in metres) of thedrillhole collar dip and azimuth of the hole  

  • down hole length and interception depth holelength. 

  • No drilling results are included in thisrelease. 

Data Aggregation Methods

  • In reporting Exploration Results, weighting averagingtechniques, maximum and/or minimum grade truncations (e.g., cutting ofhigh grades) and cut-off grades are usually Material and should be stated. 

  • Where aggregate intercepts incorporate short lengths ofhigh-grade results andlonger lengths of low-grade results, the procedure used for such aggregation should bestated, and some typical examples of such aggregations should be shownin detail. 

  • The assumption used for any reporting of metalequivalent values should be clearly stated. 

  • No data aggregation methods were applied to the soilsampling data. 

Relationship Between

Mineralisation Widths and

Intercept Lengths

  • If the geometry of mineralisation with respect to thedrillhole angle is known, its nature should be reported. 

  • Not applicable. 

Diagrams

  • Appropriate maps and sections (with scales) andtabulations of intercepts should be included for any significantdiscovery being reported. These should include, but not be limited to,a plan view of drillhole collar locations and appropriate sectionalviews. 

  • See maps in the body of the report. 

Balanced Reporting

  • Where comprehensive reporting of all ExplorationResults is not practicable, representative reporting of both low andhigh grades and/or widths should be practied, avoiding misleading reporting of Exploration Results. 

  • The soil assay data has been interpreted by the MGAExploration Manager who has more than 40 years of gold explorationexperience. MGA assay results are also interpreted with reference tothe surface geochemical expressions of more than 15 of the major golddiscoveries in Cote d’Ivoire.  

Other Substantive Exploration Data

  • Other exploration data, if meaningful and material,should be reported, including (but not limited to): geologicalobservations; geophysical survey results; geochemical survey results;bulk samples – size and method of treatment; metallurgical testresults; bulk density, groundwater, geotechnical and rockcharacteristics; potential deleterious or contaminatingsubstances. 

  • Any meaningful data and relevant information have beenincluded in the body of this release. 

Further Work

  • The nature and scale of planned further work (e.g.tests for lateral extensions, or depth extensions, or large-scalestep-out drilling). 

  • Diagrams clearly highlighting the areas of possibleextensions, including the main geological interpretations and futuredrilling areas, provided this information is not commerciallysensitive. 

  • The soil sampling program commenced on 10 January 2026and at the 26 January 2026, 200 samples of the 320 plannedsamples had been collected, with 124 assayed forgold by PortablePPB.  

  • Field programs will be sequentially initiated on theadjoining Gemica JV permits, with PR454 Vavoua next, and the othersonce tenure is granted by the Government of Cote d'Ivoire 

  • The images included show the location of the soilsample sited (planned and sampled) for the current fieldprogram. 

Qualified Person

The technical information contained in this release hasbeen reviewed and approved by Mr Robert Perring, a current member ofthe Australian Institute of Geoscientists (MAIG) and ExplorationManager of MetalsGrove Mining Limited. Mr Perring is a Qualified Person under NationalInstrument 43-101.

 

About Stellar Africagold Inc.

 

Stellar AfricaGold Inc. is a Canadian precious metalexploration company focused on precious metals

in North and West Africa, with active programs inMorocco and Côte d’Ivoire. Stellar’s principal explorationprojects are its advancing gold discovery at the Tichka Est GoldProject in Morocco, and its

early-stage exploration Zuénoula Gold Project in Côted’Ivoire which is operated in Joint venture with MetalsGrove MiningLtd subsidiary, MetalsGrove CDI Pty Ltd.

 

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

 

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

 

Stellar’s President and CEO J. François Lalonde canbe contacted at +1 514-9940654 or by email at lalondejf@stellarafricagold.com

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

 

On Behalf of the Board

J. François Lalonde

President & CEO

 

This news releasecontains “forward-looking statements” within the meaning ofapplicable Canadian securities laws, including statements regardingthe grant of PSUs, the potential vesting of such PSUs upon theachievement of future production milestones, the issuance of commonshares of the Company upon settlement of vested PSUs, and theacceptance of the TSX Venture Exchange.

Forward-lookingstatements are based on expectations, estimates and projections as atthe date of this news release and are subject to known and unknownrisks, uncertainties and other factors that may cause actual resultsor events to differ materially from those expressed or implied. Suchrisks and uncertainties include, but are not limited to, the Companynot achieving the production milestones described herein, changes inbusiness plans or commodity prices, failure toobtain regulatory approvals, and the risk factors described in theCompany’s most recent Management’s Discussion and Analysis andAnnual Information Form, which are available on SEDAR+ at www.sedarplus.ca.

Forward-lookingstatements are not guarantees of future performance and should not beunduly relied upon. Except as required by law, the Company undertakesno obligation to update or revise any forward-looking statementscontained herein.

Neither the TSX VentureExchange nor its Regulation Services Provider (as that term is definedin the policies of the TSX Venture Exchange) accepts responsibilityfor the adequacy or accuracy of this release.

Copyright (c) 2026 TheNewswire - All rights reserved.

Stellar Africagold Inc

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