Advancing two diamond projects with multi-million carat potential to production in West Africa with a focus on imminent trial mining at Baoulé to generate early cash flow.
Stellar holds a portfolio of advanced diamond assets in Sierra Leone and Guinea. The current focus is on the Tongo and Baoule projects.
At Tongo, Stellar has completed an independent Preliminary Economic Assessment over the 1.45 million carat Dyke-1 resource. This PEA delivered robust economics which justifies the application for a mining license, which is ongoing/
At Baoule, trial mining evaluation of the 5 hectare kimberlite in the renowned Aredor mining area of Guinea continues. To date over 9,000 carats have been produced and three diamond sales totaling over US$ 1M completed with the most recent sale in March 2016.
Tongo Dyke 1 Diamonds
Baoule Mining Operation