Stellar Africagold, Inc. · TSXV:SPX
Stellar Africagold — Investor Presentation (February 2026)
19 slides from Stellar Africagold's investor presentation, February 2026
Slide 1: New Gold Discovery in Morocco: Scalable System, Early Valuation
TSX-V: SPX New Gold Discovery in Morocco February 2026 Scalable System, Early Valuation
Slide 2: Legal Disclaimer And Qualifying Person
Legal Disclaimer And Qualifying Person The technical content of this presentation has been reviewed and approved by Mr.Yassine Belkabir, MScDIC, Ceng, MIMMM, a Stellar director and a Qualified Person as defined in NI 43-101. All information included in this presentation, including any information as
Slide 3: Overview
Overview Morocco Côte d’Ivoire New Gold Discovery New Permit Best drill : 6.62 g/t Au over 12m from 125m • Greenfield permit near Abujar Trenches include: (Zhaojin, ex-Tietto) • 3.5 g/t Au over 155.7m • Stream-sediment program completed • 4.67 g/t Au over 14m • Ongoing soil sampling program (1x1 km)
Slide 4: Corporate Snapshot
Corporate Snapshot Capital Structure Capitalization 86% Share Retail 64.8 Ownership Basic Shares Outstanding 14% (As of April 12, 2025) Insider 4M 22M Options Warrants African Gold Pre-Resource Comparables (CAD$M) as of 6 Feb 2026 76 77 Market Cap $0.10 91M Share Price (C$) Fully Diluted Shares Outs
Slide 5: Morocco
Morocco Strong Economy & World-Class Infrastructures Top Mining Jurisdiction in Africa Growing Interest in Precious Metals • Stable, growing economy: ~3–4% GDP growth, World Bank- • #18 in Most attractive jurisdiction in Exploration • Morocco’s precious metals exploration is expected to surge foreca
Slide 6: Morocco – Tichka Est Gold Project
Morocco – Tichka Est Gold Project The project (82 km², 5 permits) is accessible year- round via national and regional road • 9 km access road constructed by Stellar from Analghi village to main showings Follow-up on ONHYM’s strong stream sediment anomalies lead Stellar to the discovery of 3 gold min
Slide 7: Tichka Est Gold Project
Tichka Est Gold Project Three Gold Bearing Zones Identified Already with Regional Upside Zone A Zone A (N350°) – Dyke-contact hosted, high- grade veins Zone B Zone B – NE trending structure extending over two-kilometer along strike (Regional Tizgui Fault) Highly sheared contact of limestone and schi
Slide 8: Takeaways From Trenching & First RC Drill Campaign
Morocco – Tichka Est Takeaways From Trenching & First RC Drill Campaign Excellent First Pass Trenching and RC Drilling Results • In the first 2022 campaign, 20 RC holes totaling 1,182 m were completed • Initial RC drilling confirmed mineralization but highlighted the need to revise the geological mo
Slide 9: Follow-up Interpretation and 3D modelling
Follow-up Interpretation and 3D modelling Zone B As a result of ongoing exploration: The geological model was revised & most holes were drilled did not target to the newly interpreted subvertical mineralized structure associated with diorite sills Within the Diorite Gold mineralization is found with
Slide 10: Tichka Est Gold Project Zone B – Dioritic Sills
Tichka Est Gold Project Zone B – Dioritic Sills Structural interpretation and Target Confirmation • High-grade gold has been intersected in both dioritic sills and intrusive dykes. • Mineralized shoots interpreted to plunge gently to the north-northeast. • Gold is predominantly hosted in NE- trendin
Slide 11: Ongoing Diamond Drill Program Zone B
Ongoing Diamond Drill Program • Road improvements and expansion of access roads have been performed TCK1 8 drillholes completed out of 10 holes planned 6 fully assayed (2 pending) TCK • Testing lateral and down-dip continuity of 6 the MT1 sill-hosted mineralization • Other targets : - Depth extensio
Slide 12: Tichka Est Gold Project Zone B
Tichka Est Gold Project Zone B Diamond Drilling Campaign Results - TCK 1 TCK 1 Interpretation Drilling completed to date indicates that gold mineralization at Tichka Est is preferentially localized within competent lithologies, notably fractured diorite sills and adjacent carbonate units affected by
Slide 13: Zone B Diamond Drilling Campaign Results
Tichka Est Gold Project Zone B Diamond Drilling Campaign Results Hole ID From (m) To (m) Interval (m) Au (g/t) 76.0 79.0 3.0 0.47 83.0 87.0 4.0 1.07 TCK_001 93.0 99.0 6.0 3.48 125.0 137.0 12.0 6.62 73.0 74.0 1.0 0.87 TCK_002 79.0 80.0 1.0 0.35 179.0 182.0 3.0 0.22 TCK_003 104.0 205.0 1.0 0.23 207.0
Slide 14: Expansion Potential
Expansion Potential 2026 Mapping, Sampling and Drilling Program • Continue Drilling (5,000m projected) targeting extension of Zone B towards structure A (feeder) and C (extension). • Prospecting, sampling and mapping continue within an expanding area around Zones A, B & C stellarafricagold.com | TSX
Slide 15: Côte D'Ivoire
Côte D’Ivoire Significant Growth & Opportunities in Mining Stable & Secure Environment for Mining • Recent discovery of a • 8th largest gold producer • Also a key producer of • Côte d'Ivoire boasts • According to S&P • The World Bank’s significant gold deposit in Africa, with production other minera
Slide 16: Côte d'Ivoire Zuénoula Gold project
Côte d’Ivoire Zuénoula Gold project Zuénoula was granted in Q2 2024 and is valid for 4 years • This can be extended a further 3 + 3 years with renewals v The permit is along the same structural trend that hosts Zhaojin’s (Previously Tietto Minerals) Abujar Mine Geological interpretation suggests gra
Slide 17: Côte d'Ivoire Zuénoula Gold project
Côte d’Ivoire Zuénoula Gold project v 3 M$ earn-in commitment comprising soil sampling close-up and air core drilling in 2026 stellarafricagold.com | TSX-V: SPX 17
Slide 18: Management and Directors
Management and Directors A Team with Extensive Experience in Africa EXECUTIVE CHAIRMAN PRESIDENT & CEO DIRECTOR DIRECTOR John Cumming J. François Lalonde Yassine Belkabir Dr. Paul Kitto Former EVP & CFO of Merrex Gold; led IAMGOLD Engineer with 35+ years’ experience across four Founder of ABM and ex
Slide 19: Gold discoveries in Tier-1 African jurisdictions
TSX-V: SPX TSX-V: SPX | Gold discoveries in Tier-1 African jurisdictions 4908 Pine Crescent Vancouver, British Columbia V6M 3P6 For More Information Contact: February 2026 J. Francois Lalonde [email protected] [email protected]
Stellar AfricaGold — Investor Presentation (February 2026) on 6ix