Stellar Announces the Renewal of all 3 Strategic Exploration Licences of the Balandougou Project in Guinea, West Africa

Mr. Maurice Giroux, President and Chief Executive Officer of Stellar AfricaGold
Inc. (TSX VENTURE:SPX) ("Stellar" or the "Company") and a Qualified Person as
defined in NI 43-101, is pleased to announce that all 3 major and strategic
Exploration Licences of the Balandougou Project in Guinea were renewed for a two
years term on June 7, 2013 by Guinea Minister of Mine.


The Permits renewed are covering a large area of 216 km2 that includes the
essential of all gold occurrences discovered by Stellar so far, namely the
Solotomo discovery as well as the Fadaninda and Keniebani gold occurrences which
were all sampled and drilled by the company. 


As announced in a press release dated 2013-04-22, the conclusion of Aecom's
Report, the Company's Independent consultant, is that the exploration carried
out so far on Balandougou led to the discovery of two significant ore bodies,
namely the B3 and B1 gold zones. At present time, these two zones represent the
best opportunity for Stellar AfricaGold and UltraGold to initiate a gold
production in order to generate a positive cash flow and pursue the development
of the other valuable targets discovered on the property by additional
exploration work.


AECOM recommend a three phase program, namely a Preliminary Economic Assessment,
a Prefeasibility Study and a Full Feasibility Study that could lead to a small
scale mining operation. 


Maurice Giroux, the president and CEO of "Stellar AfricaGold" declares: "I am
very pleased with that second 2 years term renewal of those strategic Permits.
According to Guinea Mining Code, the company is still entitled to a third,
2years term renewal, which gives the company a comfortable 4 years delay to
complete all necessary phases of work before production."


The technical content of this press release have been reviewed and approved by
Mr. Maurice Giroux, 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Maurice Giroux, President and CEO
Stellar AfricaGold Inc.
514-866-6299
514-866-8096 (FAX)
[e-mail]
www.stellarafricagold.com