Stellar AfricaGold Inc.
Stellar AfricaGold Inc. (TSXV: SPX; formerly Stellar Pacific Ventures, renamed 2013) is a grassroots gold explorer with two projects. At Tichka Est in Morocco (7 permits, 82 km2, about 80 km south-southwest of Marrakech), Phase I diamond drilling (11 holes, 1,579 metres, Zone B) returned a best intercept of 12 metres at 6.62 g/t gold, including 2 metres at 22.28 g/t, in hole TCK-001; in September 2026 it signed a contract for a fully funded 5,000-metre, 24-hole Phase II program, with rig mobilization under way and drilling expected to begin in October, and it completed seven trenches at a new target, Zone D, with samples sent for assay. At Zuenoula in Cote d'Ivoire, a 10,000-metre auger program began in July 2026 to test seven target areas. No resource estimate has been published for either project.
Notable vs. Peers
- Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 7.8/10.
Lifecycle Milestones
Not yet determined: mill, tailings facility, grid power.
Jurisdiction (40%)6/10
The Tichka Est project (7 permits covering 82km2, about 80km south-southwest of Marrakech) is in Morocco, and the Zuenoula project is in Côte d'Ivoire, both jurisdictions with real but manageable permitting and political risk.
Infrastructure (40%)6.4/10
Confirmed road access at Tichka Est Gold Project, High Atlas, Morocco; existing mill, grid power, and tailings facility not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:6/10
Morocco: jurisdiction score 6/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Executive Chairman of Stellar AfricaGold Inc., B.A., L.L.B., L.L.M.
President and Chief Executive Officer of Stellar AfricaGold Inc., a Director since 2011 and CEO since April 2021; also Chairman of Sylla Gold Corp.
Director of Stellar AfricaGold Inc., founder and managing partner of the African Bureau of Mining Consultants (ABM) of Casablanca, Morocco; previously Director of Mergers and Acquisitions for Managem Group.
Director of Stellar AfricaGold Inc. with over 30 years' mining-industry experience, having served on multiple ASX-listed company boards. Currently Technical Director for Meteoric Resources (ASX:MIE) and Non-Executive Director for Peako Ltd (ASX:PKO). Holds a doctorate in Geochemistry and Structural Geology from the Centre for Ore Deposit Research (CODES), University of Tasmania, where he was also employed as a Research Fellow. Earlier roles include manager of Africa exploration at Gold Fields, exploration director for Russia and the CIS at Sun Mining, chief executive and managing director of Ampella Mining, and technical director of Tietto Minerals; has led exploration teams credited with several multi-million-ounce gold discoveries.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Checked directly against the company's own site, which is live and describes an active drilling programme at the Tichka Est project in Morocco and exploration at the Zuenoula permit in Cote d'Ivoire. No producer, specialist fund or named institution holds a disclosed position, and there are no insider trading records in our data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Stellar AfricaGold is a gold explorer with projects in Morocco and Cote d'Ivoire. At Tichka Est in Morocco, about 80 km south-southwest of Marrakech, Phase I diamond drilling of 11 holes returned a best intercept of 12 metres at 6.62 g/t gold, including 2 metres at 22.28 g/t, in hole TCK-001. In September 2026 it signed a contract for a fully funded 5,000-metre, 24-hole Phase II program, with drilling expected to begin in October, and it trenched a new target, Zone D. At Zuenoula in Cote d'Ivoire, a 10,000-metre auger program began in July 2026. No resource estimate has been published for either project.
No reports or presentations linked yet.