Stellar AfricaGold Intersects Multiple Gold-Bearing Zones and Confirms Structural Controls at Tichka Est, Morocco - Drilling Resumed on January 30, 2026

(TheNewswire)

Vancouver, BC – TheNewswire - February 3rd, 2026 – StellarAfricaGold Inc. (“Stellar” or the “Company”) (TSX-V: SPX |FSE: 6YP | TGAT: 6YP) is pleased to report additional assay resultsand an updated interpretation from its ongoing diamond drillingprogram at the Tichka Est Gold Project, located in the High AtlasMountains of Morocco.

Results received to date confirm the presence of astructurally controlled orogenic gold system, with gold mineralizationpreferentially hosted within fractured diorite sills and associatedcarbonate-altered zones linked to secondary shear structures. Theseresults materially advance the Company’s geological understanding ofthe project and provide a clear framework for follow-updrilling.

Assay results for two completed drill holes remainpending and will be released once received and validated. Following atemporary interruption due to unusually severe winter weather, diamonddrilling resumed on January 30th, 2026, with atleast two additional drill holes planned.

Highlights – Diamond Drilling

• Multiple gold-bearingzones intersected across several drill holes, confirming the presence and continuity of mineralizationbeyond the initial discovery hole TCK_001 

• Best new intercept : 

  • TCK_006: 6.0m @3.81g/t Au from 69 m,  

  • highlights the development of higher-grademineralization within stacked horizons 

• Results support a refined structural model, with gold preferentially concentrated in competent host rocksaffected by secondary shearing 

• Drilling resumed onJanuary 30th, 2026, targeting extensions of known mineralization and additionalnear-surface targets identified through mapping and trenching 

Gold intercepts from drill hole TCK_001, including13.0m @ 6.12g/t Auat 0.1g/t Cut-off grade, were reportedpreviously (see Company newsrelease dated January 8, 2026).

Updated Composite Drill Intercepts (0.20g/t Au Cut-off)

The Company has recalculated composite goldintersections for all drill holes completed to date using a 0.20g/t Aucut-off, a maximum internal dilution of 3.0 metres, and excludingdilution at interval boundaries. This compositing approach betterreflects the continuity of mineralization observed within fractureddiorite and carbonate-altered zones.

Table 1 below summarizes positive composite intercepts (0.2 g/t Aucut-off) from all drill holes completed todate.

Table – Summary of Gold Interceptsusing 0.2 g/t Au cut-off

Notes:

• Intervals are downhole lengths; true widths are not yetknown. 

• Grades are uncut, length-weighted averages. 

• Composite intervals were calculated using a 0.20g/t Aucut-off with a maximum internal dilution of 3.0metres; dilution atinterval boundaries is excluded. 

Geological Interpretation

Drilling completed to date indicates that goldmineralization at Tichka Est is preferentially localized withincompetent lithologies, notably fractured diorite sills and adjacentcarbonate units affected by secondary shear structures (cf. TCK_001and TCK_006).

Click Image To View Full Size

Figure 1. Cross section of drillholeTCK_001 showing drillhole geology and gold assays.

Figure 2. Cross section of drillholeTCK_006 showing drillhole geology and gold assays.

Drill hole TCK_003 intersected the Tizgui Shear Zone,characterized by intense brecciation and pervasive calcite veining,but returned limited gold values. This is interpreted to reflectefficient fluid transport along major regional structures, with golddeposition occurring preferentially in zones of elevated fracturedensity within rigid host rocks rather than within the shear zonesthemselves.

Click Image To View Full Size

Figure3. Cross sections of drillholes TCK_003 showing drillhole geology andgold assays.

Drilling and surface observations further indicate thatthe mineralized diorite bodies occur predominantly as sub-horizontalsills. This geometry promotes the development of laterally extensivefracture networks within competent rocks, enhancing fluid–rockinteraction and gold precipitation, particularly where these sills areintersected by secondary shear structures.

Overall, this interpretation is consistent with anorogenic gold system and refines the Company’s exploration model bydelineating high-priority structural–lithological traps.

NextSteps

Now that drilling has resumed, the Company plans to:

• Continue two additional holes on the secondary shearstructures interpreted to be linked to the Erdouz FaultSystem 

• Evaluate structural repetitions and stacked mineralizedhorizons identified through surface and further drillingwork. 

CEOCommentary

Stellar President and CEO J. François Lalondecommented “These resultsconfirm that Tichka Est hosts a structurally controlled gold system,with mineralization concentrated within fractured diorite andassociated carbonate-altered zones rather than within the main faultzones themselves. The refined geological model and interpretationsprovide a clear roadmap for the next phase of drilling as operationsresume.”

Quality Assurance / Quality Control

All drill core was logged, sampled, and securelytransported to Afrilab, an ISO-certified laboratory in Marrakech,Morocco. Gold analyses were completed using standard fire assaymethods. A comprehensive QA/QC program was implemented, including theinsertion of blanks, duplicates, and certified referencematerials.

The drilling campaign at Tichka Est is being conductedby two geologists from the African Bureau of Mining Consultants, underthe supervision of Mr. Yassine Belkabir.

Diamond drilling was conducted using HQ diameter core.Core runs were retrieved every 3.0 m or less, with recovery measuredand recorded for each run. Core was oriented with a Reflex ACT IIItool, photographed (wet and dry), and logged for lithology,alteration, mineralization, and structure.

Sampling intervals for assay were typically one meterin length, defined by geological boundaries. Core was cut with adiamond saw, LHS half-core archived, and RHS half-core submitted foranalysis.

Sample preparation and assaying were performed byAfrilab in Marrakech, an ISO-certified laboratory independent of theCompany. Samples were crushed to 70% passing 2 mm, split to 250 g, andpulverized to 85% passing 75 ?m. Gold assays were performed using 50g fire assay with an atomic absorption spectroscopy (AAS) finish.Over-limit assays (>5 g/t Au) were re-assayed.

QA/QC program consisted of 26 reference materials(standards), 26 blanks inserted by geologists and 18 duplicates atregular intervals. In addition, Laboratory QA/QC protocols includedinternal blanks, standards, and duplicates, with performance reportedto the exploration team for independent review. No material QA/QCissues were noted in the batches reported.

Qualified Person

The technical information contained in this release hasbeen reviewed and approved by Yassine Belkabir, CEng MIMMM, a Stellardirector and a QualifiedPerson under National Instrument 43-101

About the Tichka Est GoldProject

The Tichka Est Gold Project comprises seven permitscovering an area of 82km2 located in the High Altas region of Moroccoapproximately 90km south of Marrakech. Under an earn-in agreement withMorocco’s National Office for Hydrocarbons and Mining (ONYHM)Stellar can earn an 85% interest after incurring explorationexpenditures totaling US$2.39M (C$3.5M) over three years.

To date early-stage exploration (mapping, sampling,trenching and a small first pass RC drill program) has identifiedthree gold-bearing zones: Zone A extending over 450 meters alongstrike, Zone B: extending over two kilometers along strike and Zone Cextending over two kilometers along strike. Additionally, regionalstream sediment sampling over a 12 km2 area surrounding the threeknown gold zones identified numerous other metal anomalous zones thatwarrant further mapping and sampling.  In total the followinganomalies have been highlighted: 6 zones anomalous for gold, 5 zonesanomalous for silver, 2 zones anomalous for copper and 3 zonesanomalous for lead and zinc. Most areas of the seven permits havenever received any modern exploration.

For more detailed information on the Tichka Est GoldProject readers are referred to Stellar’s website at www.stellarafricagold.com.

About Stellar Africagold Inc.

Stellar AfricaGold Inc. is a Canadian precious metalexploration company focused on precious metals in North and WestAfrica, with active programs in Morocco and Côte d’Ivoire.Stellar’s principal exploration projects are its advancing golddiscovery at the Tichka Est Gold Project in Morocco, and itsearly-stage exploration Zuénoula Gold Project in Côte d’Ivoirewhich is now operated in joint venture with MetalsGrove Mining Ltdsubsidiary, 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 release contains “forward-lookingstatements” within the meaning of applicable Canadian securitieslaws, including statements regarding the grant of PSUs, the potentialvesting of such PSUs upon the achievement of future productionmilestones, the issuance of common shares of the Company uponsettlement of vested PSUs, and the acceptance of the TSX VentureExchange.

Forward-looking statements are based onexpectations, estimates and projections as at the date of this newsrelease and are subject to known and unknown risks, uncertainties andother factors that may cause actual results or events to differmaterially from those expressed or implied. Such risks anduncertainties include, but are not limited to, the Company notachieving the production milestones described herein, changes inbusiness plans or commodity prices, failure to obtain regulatoryapprovals, and the risk factors described in the Company’s mostrecent Management’s Discussion and Analysis and Annual InformationForm, which are available on SEDAR+ at www.sedarplus.ca.

Forward-looking statements are not guarantees offuture performance and should not be unduly relied upon. Except asrequired by law, the Company undertakes no obligation to update orrevise any forward-looking statements contained herein.

Neither the TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.

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