Stakeholder Gold Corp. (TSX-V: SRC)

...is conducting exploration on its 100% owned Ballarat Gold Property located 120 km southeast of Dawson City in the White Gold District of the Yukon Territory.

Exploration work on Ballarat is being conducted by GroundTruth Exploration Inc. who are pioneers in the use of proprietary technologies such as the GT Probe, the GT RAB Drill and the exploration applications developed for the UAV Drone.

Stakeholder has completed Phase I exploration on the Ballarat property (Jun.2016). The program consisted of soil sampling, rock sampling and DC IP/resistivity testing. Results have significantly enlarged the Eastern Zone target area. Two float rock samples from this zone yielded values of 0.759 g/t and 0.587 g/t gold. A grab sample taken from a trench at the Northwest Zone ran 1.492 g/t Au.

Geophysical work is now complete on the newly expanded Eastern Zone anomaly. Soil grids were extended either side of the anomaly as well as detailed sampling within the anomaly. This will be followed by rotary air blast drilling (Oct.2016) at both the Northwest and Eastern zones.

John Nebocat, VP of Exploration, states, “The dispersion of the gold-in-soil anomalies (Eastern Zone) suggests that a possible widespread mineralized body may exist here.”

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