Stellar AfricaGold Inc.
TSX VENTURE : SPX

Stellar AfricaGold Inc.

July 07, 2016 10:08 ET

Stellar AfricaGold Hires Dr. Pierre Trudel as Special Advisor and Qualified Person and Updates on Balandougou Bulk Sample in Guinea

MONTREAL, QUEBEC--(Marketwired - July 7, 2016) - Maurice Giroux, President and Chief Executive Officer of Stellar AfricaGold Inc. (TSX VENTURE:SPX) ("Stellar" or the "Company") is pleased to announce that Stellar has hired M. Pierre Trudel, Ph.D., P.Eng, Geological Engineer as a Special Advisor and Qualified Person. Dr. Trudel will advise the Company in future strategic development. Dr. Trudel have been continuously involved since 2008 in the development of the Balandougou Project in Guinea and his understanding and structural comprehension of the Balandougou oxide gold structures will be very valuable.

Dr. Pierre Trudel is a geological engineer with more than 40 years of experience in exploration and exploitation of mineral deposits. From 1990 to 2015, he was a Project Manager for the Mining and Metals Division of AECOM Consultants Inc. During those years, he has acquired a solid international experience in managing exploration projects in Algeria, Benin, Brazil, Burkina Faso, Guinea, Haiti, Jamaica, Peru and Kazakhstan. Dr. Trudel has also developed a strong expertise in all fields of exploration and mining of mineral deposits as well as of mineral reserves and resources calculation and feasibility studies of all sizes of mining projects.

The Company also wishes to inform shareholders that the planning of the 15,000 tons bulk samples of the B3 gold structures of the Balandougou project in progressing according to schedule.

As declared, the primary objective of the test work program is to investigate the amenability of the B3 oxide ore to gold extraction using gravity separation as the sole means of gold recovery. Gravity separation is the most environmental friendly gold extraction method as no chemical are used in the process of gold recuperation. It is also the most economical solution for processing of surface oxide deposits.

Stellar has retained the expertise of the Company XKJ SOLUTION, a branch of Henan Xingyank Mining Machinery Manufactory of China for the conception of a 15 tons per hour Pilot Plant to process the bulk sample. The fine tuning of the pilot plant before ordering will be done according to the results of the ore characterisation test that will be done at SGS Laboratory of Bamako in Mali.

Excavation of the 15,000 tons of surface material will be contracted to a local company at an approximate cost of US$3.00 per ton.

Maurice Giroux, President and CEO of the Company declares: "I will be pleased to keep working and developing Company's projects with Pierre. His strong expertise in lateritic environment has always been valuable and, his continuous collaboration to the Balandougou project since 2008 have largely contributed to the success of this project so far. His solid experience in mining will be very useful to the success of the next phase of work of this project, namely the 15,000 tons Bulk Sample in the B3 structure. Gold price is solidly up on more safe-haven demand and it is time for junior Gold Company to push their projects forward. Stellar AfricaGold with his advance Balandougou Project is in an excellent position to perform in a solid gold market."

ABOUT STELLAR AFRICAGOLD INC.

Stellar AfricaGold Inc. is a Canadian mine 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 Balandougou project in Guinea, which is at an advanced exploration stage, as well as the Namarana project in Mali.

In Quebec, the Company owns 100% of the Opawica, Eastmain North and South and Terrax Option, all in the Chibougamau area.

The technical content of this press release have been reviewed and approved by Dr. Pierre Trudel, a Qualified Person as defined in NI 43-101.

Neither 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.

Note that Stellar Website is temporarily closed for update purpose.

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