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Stellar AfricaGold Provides Exploration Update for Zuénoula Gold Project

Vancouver, BC — February 4, 2026 — Leads & Copy — Stellar AfricaGold Inc. has provided an update on exploration progress at the Stellar-MetalsGrove Joint Venture Zuénoula Gold Project in Cote d’Ivoire.

The project has defined its first gold exploration target on Zuénoula through district-scale soil sampling (1km by 1km). A 13 km2 area will be infilled with higher density sampling (400m by 400m) to define the centre of gold anomalism and trend of mineralisation.

A PortablePPB field assay lab has been established in the nearby town of Zuénoula to facilitate rapid analysis of MGA samples. Field sampling commenced January 10, and 200 of the planned initial 320 (1km by 1km) soil samples have already been collected.

The gold anomalous cluster is located within an interpreted NE-trending belt of mafic volcanic rocks on the NW-side of an interpreted small granite intrusion. A second SEMS Exploration sampling crew is being mobilised to further increase sampling capacity.

The Zuénoula Gold Project is a joint venture exploration project between Stellar’s Ivorian subsidiary Aucrest SARL and MetalsGrove Mining Ltd. subsidiary, MetalsGrove CDI Pty Ltd. MetalsGrove may earn up to a 50% interest in the Zuénoula Gold Project by incurring US$3,000,000 in exploration expenditures, and up to an 80% interest in the Zuénoula Gold Project by incurring a total of US$6,000,000 in exploration expenditures.

Stellar President and CEO J. François Lalonde said the company is pleased with the rapid commencement of exploration by MetallsGrove at the Zuénoula Gold Project and with the early indications of anomalous gold in the soil sampling. He extended thanks to the MetalsGrove team on the fast start to 2026 exploration.

MetalsGrove Managing Director and CEO, Mr Lijun Yang, said the initial results are a great start to the 2026 field season, and the application of the innovative PortablePPB assay technology eliminated the usual time delay between sample collection, receipt of assays, and the implementation of follow-up in-fill soil sampling. Yang added that SEMS has additional capacity to mobilise a second sampling crew to Zuénoula to further increase the rate of sampling.

Yang said the Zuénoula permit lies in an exploration corridor with favourable geological characteristics, including mixed volcanic and metasediment lithological sequences, complex structural features, and active artisanal workings, all of which are strong indicators of gold discovery potential.

Initial sampling on the Stellar-MetalsGrove Zuénoula Gold Project has defined a significant cluster of three 1km by 1km spaced gold anomalous (15 to 33 dU) soil samples coincident with a NE-trending magnetic feature interpreted to reflect a mafic volcanic unit intruded by an elongated granite.

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

Stellar AfricaGold Inc. is a Canadian precious metal exploration company focused on precious metals in North and West Africa, with active programs in Morocco and Côte d’Ivoire. Stellar’s principal exploration projects are its advancing gold discovery at the Tichka Est Gold Project in Morocco, and its early-stage exploration Zuénoula Gold Project in Côte d’Ivoire which is operated in Joint venture with MetalsGrove Mining Ltd subsidiary, MetalsGrove CDI Pty Ltd.

The Company is listed on the TSX Venture Exchange symbol TSX.V: SPX, the Tradegate Exchange TGAT: 6YP and the Frankfurt Stock Exchange FSX: 6YP. The Company maintains its head office in Vancouver, BC and has a country office in Marrakech, Morocco.

Source: Stellar AfricaGold Inc.

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