Browse Author: Stakeholder Admin

SRC Discovers Vein/Disseminated Mineral System in Nevada

Toronto, Canada, January 16th, 2018 – Stakeholder Gold Corp. (“Stakeholder Gold” or the “Company”) (TSX-V: SRC) is pleased to announce completion of its first core drill hole on the Goldstorm property in Nevada. The property is located 17 km northwest of the Midas Mine of Klondex Gold Mines Ltd., and 18 km northeast of the Twin Creeks Mine of Newmont Mining Corporation.

The Company has just completed drill hole G-2017-1 targeting Midas-style gold-silver mineralization at Goldstorm. A wide zone of highly altered basaltic rocks containing quartz-silica-pyrite (“QSP”) mineralization was discovered in the upper part of the hole, from a depth of 20 feet to a depth of 438 feet, where it was cut off by a post-mineral fault.

New zones of silica-pyrite-(naumannite) mineralization were also found from 676 to 678 feet, 702 to 712 feet, 855 to 870 feet, 890 to 920, 961 to 980, 1015 to 1035.6, 1082 to 1091.6, 1105 to 1175.3, 1183 to 1202.5, 1223 to 1235, and from 1255 to 1259 feet down the hole, in a complex series of fault zones. These zones of silica-pyrite mineralization lie above the 1830 m (6,000 foot) MSL elevation that appears to be the approximate top of the zone of ore continuity at the Midas Mine and perhaps also at the nearby Hollister Mine. This may represent an ancient paleo ground water table present in the region at the 15.4 Ma age of mineralization in this Midas Gold Trend area. It must be emphasized that these zones of mineralization were delineated by visual observation and can only be confirmed by fire assay analysis.

A second hole is being started today to test the Trail Hill open pit target southwest of the collar of hole G-2017-1 but utilizing the same drill platform; this area has never been drill tested before. Mapping by an independent QP geologist has indicated the presence of a 10 meter wide zone of silica veining in QSP-altered basaltic rocks, sub-parallel to the Collar and Clayton vein systems, at the top of Trail Hill. Hole G-2017-2 will intersect this block of rocks and the known fault-vein system at a depth of approximately 500 feet. A third hole will test the lateral extension of QSP altered rocks to the northwest of hole G-2017-1. These drill sites are all located on unpatented lode claims controlled by the Company.

“Discovery of multiple mineralized zones and an extensive, weathered and fractured structural system near to surface beginning at only 20 feet of depth and extending to over 1,200 feet of depth, were surprises. Assays will reveal the significance of this promising first hole which displays key characteristics of some of the most prolific Nevada gold mines”, stated Chris Berlet.

The Company’s combined ground position now encompasses 3,806 contiguous acres. The enhanced land position surrounds both the Clayton Veins and the Prochnau Veins systems, and includes their respective strike extensions. Success with early drilling would open up the prospect of considerable expansion on strike and depth extensions.

QC/QA

The drill core was logged by an independent QP consulting geologist, sawed in half by an independent, third party services company and submitted under chain-of-custody procedures to ALS Chemex laboratory in Elko, Nevada. The samples were submitted for processing and rush 50 g fire assay analyses for gravimetric gold and silver. Stakeholder expects to receive assays in the coming weeks.
Richard R. Redfern, C.P.G. and M.S. (Geology), Geological Consultant for Stakeholder Gold, is the Qualified Person for the Company, as defined by NI 43-101, who has reviewed and approved the contents of this press release.
About Stakeholder Gold
Stakeholder Gold Corporation is a Canadian mineral exploration company headquartered in Toronto, Canada. The primary focus of the Corporation during 2017 is to explore the Goldstorm property in Elko County, Nevada (USA). Stakeholder is also exploring on its 100% owned Ballarat Gold Project located in the White Gold District of the Yukon Territory, Canada.

For further information on the content of this release or about Stakeholder Gold, please contact:

Stakeholder Gold Corporation
cberlet@stakeholdergold.com
416 548 – 9749

Forward Looking Information
This news release contains forward-looking information. All information, other than information of historical fact, constitute “forward-looking statements” and includes any information that addresses activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including the Corporation’s strategy, plans or future financial or operating performance.
When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”, “hope”, “may” and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended to identify forward-looking information. The forward-looking information is based on current expectations and applies only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Corporation’s annual financial statements, MD&A and other publicly filed documents.
The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SRC Closes Financing

Toronto, Canada, December 21st, 2017Stakeholder Gold Corp. (“Stakeholder Gold” or the “Company”) (TSX-V: SRC) is pleased to announce that is has closed on its previously announced private placement financing for gross proceeds of $600,000. Stakeholder Gold has issued 2.4 million units (“Units”) priced at 25 cents per Unit. Each Unit consists of one common share (“Common Share”) and one-half of one warrant (“Warrant”) to purchase one Common Share. Each whole Warrant is exercisable into one Common Share at a price of 50 cents for a period of two years from Thursday, December 21, 2017. The hold period for the Units issued will be four months.

In connection with the financing, as consideration for facilitating the completion of the transaction, Stakeholder Gold will issue an additional 220,000 Warrants, exercisable into one Common Share at a price of 25 cents, to Bonaventure Explorations Limited and pay the amount of $2,250 in cash to Canaccord Genuity Corp. Stakeholder Gold also announces the issuance of 1,000,000 options to Officers, Directors and Consultants to the Company and has reserved 1,000,000 Common Shares for issuance upon exercise of such options pursuant to the terms of the Company’s stock option plan. The options have a strike price of $0.32 and a three year term from the date of issue.

Proceeds of the financing will be used for exploration on the Goldstorm Property in Nevada.

For further information on the content of this release or about Stakeholder Gold, please contact:

Christopher J. Berlet BSc (Mining), CFA
President & CEO
416 548 – 9749
cberlet@stakeholdergold.com

Forward Looking Information

This news release contains forward-looking information. All information, other than information of historical fact, constitute “forward-looking statements” and includes any information that addresses activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including the Corporation’s strategy, plans or future financial or operating performance.
When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”, “hope”, “may” and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended to identify forward-looking information. The forward-looking information is based on current expectations and applies only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Corporation’s annual financial statements, MD&A and other publicly filed documents.
The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SRC Announces Upsize of Previously Announced Private Placement

Toronto, Canada, December 19th, 2017 Stakeholder Gold Corp. (“Stakeholder Gold” or the “Company”) (TSX-V: SRC) would like to announce that it has amended the terms of its previously announced non-brokered private placement financing to increase the size of the offering from $500,000 to $600,000 (the “Upsized Offering”).

Under the terms of the Upsized Offering, Stakeholder Gold will issue 2.4 million units (“Units”) priced at 25 cents per Unit. Each Unit will consist of one common share (“Common Share”) and one-half of one warrant (“Warrant”) to purchase one Common Share. Each whole Warrant will be exercisable for one additional Common Share at a price of 50 cents for a period of two years from the closing date of the Upsized Offering. The Company anticipates closing on Thursday December 21, 2017.

Proceeds of the financing will be used for exploration on the Goldstorm Property in Nevada.

For further information on the content of this release or about Stakeholder Gold, please contact:

Christopher J. Berlet BSc (Mining), CFA
President & CEO
416 548 – 9749
cberlet@stakeholdergold.com

Forward Looking Information
This news release contains forward-looking information. All information, other than information of historical fact, constitute “forward-looking statements” and includes any information that addresses activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including the Corporation’s strategy, plans or future financial or operating performance.
When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”, “hope”, “may” and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended to identify forward-looking information. The forward-looking information is based on current expectations and applies only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Corporation’s annual financial statements, MD&A and other publicly filed documents.
The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SRC Announces Financing

Toronto, Canada, December 7th, 2017 – Stakeholder Gold Corp. (“Stakeholder Gold” or the “Company”) (TSX-V: SRC) announces terms for a non-brokered financing of up to 2 million units (“Units”). Each Unit will consist of one common share (“Common Share”) priced at 25 cents and one-half of one warrant (“Warrant”) to purchase one Common Share priced at 50 cents.  Each whole Warrant entitles the holder to purchase one additional Common Share for two years from the closing date of the private placement.

Proceeds of the financing will be used for exploration on the Goldstorm Property in Nevada.

Stakeholder Gold also announces that Vic Hugo of Marrelli Support Services has been appointed as CFO.

For further information please contact:
Stakeholder Gold Corporation
416 548 – 9749
cberlet@stakeholdergold.com

Forward Looking Information
This news release contains forward-looking information. All information, other than information of historical fact, constitute “forward-looking statements” and includes any information that addresses activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including the Corporation’s strategy, plans or future financial or operating performance.
When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”, “hope”, “may” and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended to identify forward-looking information. The forward-looking information is based on current expectations and applies only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Corporation’s annual financial statements, MD&A and other publicly filed documents.
The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SRC Starts Drilling in Nevada

Toronto, Canada, December 5th, 2017 – Stakeholder Gold Corp. (“Stakeholder Gold” or the “Company”) (TSX-V: SRC) is pleased to announce commencement of its Phase 1 program of core drilling on the Goldstorm property in Nevada.

The Company has completed preparation of three drill site pads on the Clayton and Prochnau Midas-style gold-silver targets at Goldstorm. Stakeholder has now mobilized a core rig capable of drilling 600 metre deep, HQ wireline core holes.

The first drillhole will test the 100 m wide Clayton zone and transect seven discrete fault zones that could host Midas-style, epithermal, low sulphidation gold-silver mineralization, including the first test ever of the “Collar Vein” fault zone that was discovered in 2010 during drill site preparation for hole G-2010-1.

The first hole is planned to intersect the gold-mineralized Clayton Vein at an elevation below the 1830 MSL (Mean Sea Level) elevation that appears to be the approximate top of the zone of ore continuity at the Midas Mine, and perhaps also at the Fire Creek and Hollister mines. This may represent an ancient paleo ground water table present in the region at the 15.4 Ma age of mineralization for all of these mines.

The location of the second and third drillholes will depend on the visual results of the first core hole. A second hole is currently planned to test the southeast extension of the Clayton zone. The third hole will test the 90 m wide Prochnau zone that lies northeast of, and sub-parallel to, the Clayton Vein system. The Prochnau Veins system has never previously been drill tested.

The Company’s combined ground position now encompasses 3,806 contiguous acres.  The enhanced land position surrounds both the Clayton Veins and the Prochnau Veins systems, and includes their respective strike extensions. Success with early drilling would open up the prospect of considerable expansion on strike and depth extensions.

“This initial drill program will be executed quickly. It is designed to provide us with confirmation of the Clayton Vein and Prochnau Vein systems. Our target is mineralization similar to a Midas Mine type, high grade low sulphidation epithermal gold system. Success with this program will have a meaningful impact on our prospects for an economic gold discovery at Goldstorm.” stated Chris Berlet, President and CEO.

Goldstorm Property

The Property is situated in the Snowstorm Mountains Mining District in the western part of Elko County, Nevada. The Property is located approximately 17 km northwest of Klondex’s Ken Snyder (“Midas”) underground gold mine, approximately 18 km east-northeast of Newmont’s Twin Creeks gold mine and approximately 25 km northeast of Barrick Gold’s Turquoise Ridge mine.

A National Instrument 43-101 technical report on the property has been filed on SEDAR and is available on the Stakeholder Gold website at:

NI 43-101 Technical Report

In 2010, West Kirkland Mining drilled two core holes on the Property. Drill hole WG-1001 is located on the Clayton Veins system, situated about 1 km south-southwest of the more extensively explored northern vein zones. Beginning at 64.4 m depth, the hole intercepted a 2 m vein zone that assayed 5.5 g/t Au, including a 1 m interval @ 9.29 g/t Au and 73 g/t Ag. The Clayton Veins system trends NW-SE and has been tested by only this one drill hole. The parallel Prochnau Veins system, located about 300 m to the NE, has not yet been drill-tested below 42 metres from the surface. Both these vein systems are open along strike and to depth.

Evidence of veining has been traced over 2,000 m strike length, and these veins will be the subject of exploration drilling planned to be undertaken by Stakeholder in the coming months.

The exploration target/model for the Property is based on the high-grade Midas Au-Ag mine located about 17 km (11 miles) to the southeast. Goldstorm sits near the intersection of three important gold-bearing structural corridors: the Getchell Trend; the Carlin/Midas Trend and the Northern Nevada Rift.

Figure 1.       SRC exploration ground position covering 3,806 contiguous acres

http://stakeholdergold.com/wp-content/uploads/2017/05/GOLDSTORM-CLAIMS.jpg

Figure 2.      SRC exploration ground relative to Nevada Gold Trends & Snowstorm (TSX: SEA)

http://stakeholdergold.com/wp-content/uploads/2017/05/GOLDSTORM-INDEX-MAP.png

John Nebocat, BSc (Geological Engineering), P.Eng, Vice President Exploration for Stakeholder, is the Qualified Person for the Company, as defined by NI 43-101, and has reviewed and approved the contents of this press release.

About Stakeholder Gold

Stakeholder Gold Corporation is a Canadian mineral exploration company headquartered in Toronto, Canada. The primary focus of the Corporation during 2017 is to explore the Goldstorm property in Elko County, Nevada (USA). Stakeholder is also exploring on its 100% owned Ballarat Gold Project located in the White Gold District of the Yukon Territory, Canada.

For further information on the content of this release or about Stakeholder Gold, please contact:

Christopher J. Berlet BSc (Mining), CFA
President & CEO
416 548 – 9749
cberlet@stakeholdergold.com

Forward Looking Information
This news release contains forward-looking information. All information, other than information of historical fact, constitute “forward-looking statements” and includes any information that addresses activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including the Corporation’s strategy, plans or future financial or operating performance.
When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”, “hope”, “may” and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended to identify forward-looking information. The forward-looking information is based on current expectations and applies only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Corporation’s annual financial statements, MD&A and other publicly filed documents.
The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SRC Announces Drill Plan in Nevada

Toronto, Canada, November 7th, 2017 – Stakeholder Gold Corp. (“Stakeholder Gold” or the “Company”) (TSX-V: SRC) is pleased to announce completion of preparation for drilling on the Goldstorm property in Nevada.

The Company has completed geologic mapping, drill permitting and archaeological surveys. Stakeholder is now preparing to drill the 100 m wide Clayton zone and the 90 m wide Prochnau zone for Midas Mine-style gold-silver mineralization. Three initial holes are planned to be deep enough to test these prospective wide vein systems at the depth of ore continuity found in the Midas Mine of Klondex.

The Company’s combined ground position now encompasses 3,806 contiguous acres.  The enhanced land position surrounds both the Clayton Veins and the Prochnau Veins systems and covers their respective strike extensions. Success with early drilling would open up the prospect of considerable expansion on strike and depth extensions.

“We are moving forward with drilling on Goldstorm in Nevada. The initial three hole program will provide us with quick confirmation of the Clayton Vein and Prochnau Vein systems and prospects for low sulphidation epithermal gold bearing structures. Our target is mineralization similar to a Midas Mine type, high grade gold system.” stated Chris Berlet, President and CEO.

Goldstorm Property

The Property is situated in the Snowstorm Mountains Mining District in the western part of Elko County, Nevada. The Property is located approximately 17 km northwest of Klondex’s Ken Snyder (“Midas”) underground gold mine, approximately 18 km east-northeast of Newmont’s Twin Creeks gold mine and approximately 25 km northeast of Barrick Gold’s Turquoise Ridge mine.

A National Instrument 43-101 technical report on the property has been filed on SEDAR and is available on the Stakeholder Gold website at:

NI 43-101 Technical Report

In 2010, West Kirkland Mining drilled two core holes on the Property. Drill hole WG-1001 is located on the Clayton Veins system, situated about 1 km south-southwest of the more extensively explored northern vein zones. Beginning at 64.4 m depth, the hole intercepted a 2 m vein zone that assayed 5.5 g/t Au, including a 1 m interval @ 9.29 g/t Au and 73 g/t Ag. The Clayton Veins system trends NW-SE and has been tested by only this one drill hole. The parallel Prochnau Veins system, located about 300 m to the NE, has not yet been drill-tested below 42 metres from the surface. Both these vein systems are open along strike and to depth.

Evidence of veining has been traced over 2,000 m strike length, and these veins will be the subject of exploration drilling planned to be undertaken by Stakeholder in the coming months.

The exploration target/model for the Property is based on the high-grade Midas Au-Ag mine located about 17 km (11 miles) to the southeast. Goldstorm sits near the intersection of three important gold-bearing structural corridors: the Getchell Trend; the Carlin/Midas Trend and the Northern Nevada Rift.

Figure 1.       SRC exploration ground position covering 3,806 contiguous acres

http://stakeholdergold.com/wp-content/uploads/2017/05/GOLDSTORM-CLAIMS.jpg

 

Figure 2.      SRC exploration ground relative to Nevada Gold Trends & Snowstorm (TSX: SEA)

http://stakeholdergold.com/wp-content/uploads/2017/05/GOLDSTORM-INDEX-MAP.png

John Nebocat, BSc (Geological Engineering), P.Eng, Vice President Exploration for Stakeholder, is the Qualified Person for the Company, as defined by NI 43-101, and has reviewed and approved the contents of this press release.

About Stakeholder Gold

Stakeholder Gold Corporation is a Canadian mineral exploration company headquartered in Toronto, Canada. The primary focus of the Corporation during 2017 is to explore the Goldstorm property in Elko County, Nevada (USA). Stakeholder is also exploring on its 100% owned Ballarat Gold Project located in the White Gold District of the Yukon Territory, Canada.

For further information on the content of this release or about Stakeholder Gold, please contact:

Christopher J. Berlet BSc (Mining), CFA
President & CEO
416 548 – 9749
cberlet@stakeholdergold.com

 

Forward Looking Information

This news release contains forward-looking information. All information, other than information of historical fact, constitute “forward-looking statements” and includes any information that addresses activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including the Corporation’s strategy, plans or future financial or operating performance.

When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”, “hope”, “may” and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended to identify forward-looking information. The forward-looking information is based on current expectations and applies only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Corporation’s annual financial statements, MD&A and other publicly filed documents.

The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SRC Announces Expansion of Land Position in Nevada and Drilling Timeline

Toronto, Canada, September 14th, 2017 – Stakeholder Gold Corp. (“Stakeholder Gold” or the “Company”) (TSX-V: SRC) is pleased to announce expansion of its ground position at the Goldstorm Project, Elko County, Nevada. This addition includes 1,160 acres located on the Crawford Ranch which is contiguous to existing claims.

The Company’s combined ground position now encompasses 3,806 contiguous acres of exploration leases as outlined below (Figure 1).  This enhanced land position surrounds both the Clayton Veins system and the Prochnau Veins system and covers their respective strike extensions. The combined project now includes: 828 acres first optioned from Mountainview; 1,818 acres of additional claims acquired by staking and the additional land now under option on the Crawford Ranch.

“We anticipate drilling on Goldstorm in October. The addition of this ground along trend consolidates Stakeholder’s position on the key gold bearing structures confirmed first during 2010 in drill hole WG-1001 on the Clayton Veins system. Our objective is to confirm the Clayton and Prochnau Vein systems as low sulphidation epithermal gold bearing structures before year end. The intent is to confirm a Midas type, high grade gold system in a developed mining jurisdiction which, if successful, we believe could be highly accretive to shareholder value. The consolidation of prospective exploration ground prior to drilling has been an important component of our value development strategy.” stated Chris Berlet, President and CEO.

 

Goldstorm Property

The Property is situated in the Snowstorm Mountains Mining District in the western part of Elko County, Nevada. The Property is located approximately 17 km northwest of Klondex’s Ken Snyder (“Midas”) underground gold mine, approximately 18 km east-northeast of Newmont’s Twin Creeks gold mine and approximately 25 km northeast of Barrick Gold’s Turquoise Ridge mine.

A National Instrument 43-101 technical report on the property has been filed on SEDAR and is available on the Stakeholder Gold website at:

NI 43-101 Technical Report

In 2010, West Kirkland Mining drilled two core holes on the Property. Drill hole WG-1001 is located on the Clayton Veins system, situated about 1 km south-southwest of the more extensively explored Northern zone. Beginning at 64.4 m depth, the hole intercepted a 2 m vein zone that assayed 5.5 g/t Au, including a 1 m interval @ 9.29 g/t Au and 73 g/t Ag. The Clayton Veins system trends NW-SE and has been tested by only this one drill hole. The parallel Prochnau Veins system, located about 300 m to the NE, has not yet been drill-tested. Both these vein systems are open along strike and to depth.

Evidence of veining has been traced over 2,000 m strike length, and these veins will be the subject of exploration drilling planned to be undertaken by Stakeholder in the coming months.

The exploration target/model for the Property is based on the Midas mine located about 17 km (11 miles) to the southeast. Goldstorm sits near the intersection of three important gold-bearing structural corridors: the Getchell Trend; the Carlin/Midas Trend and the Northern Nevada Rift.

Figure 1.       SRC exploration ground position covering 3,806 contiguous acres

http://stakeholdergold.com/wp-content/uploads/2017/05/GOLDSTORM-CLAIMS.jpg

 

Figure 2.      SRC exploration ground relative to Nevada Gold Trends & Snowstorm (TSX: SEA)

http://stakeholdergold.com/wp-content/uploads/2017/05/GOLDSTORM-INDEX-MAP.png

John Nebocat, BSc (Geological Engineering), P.Eng, Vice President Exploration for Stakeholder, is the Qualified Person for the Company, as defined by NI 43-101, and has reviewed and approved the contents of this press release.

 

About Stakeholder Gold

Stakeholder Gold Corporation is a Canadian mineral exploration company headquartered in Toronto, Canada. The primary focus of the Corporation during 2017 is to explore the Goldstorm property in Elko County, Nevada (USA). Stakeholder is also exploring on its 100% owned Ballarat Gold Project located in the White Gold District of the Yukon Territory, Canada.

For further information on the content of this release or about Stakeholder Gold, please contact:

Christopher J. Berlet BSc (Mining), CFA
President & CEO
416 548 – 9749
cberlet@stakeholdergold.com
Forward Looking Information

This news release contains forward-looking information. All information, other than information of historical fact, constitute “forward-looking statements” and includes any information that addresses activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including the Corporation’s strategy, plans or future financial or operating performance.

 When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”, “hope”, “may” and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended to identify forward-looking information. The forward-looking information is based on current expectations and applies only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Corporation’s annual financial statements, MD&A and other publicly filed documents.

 The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SRC Announces Robert Cuffney as Exploration Manager for Goldstorm, Nevada

Toronto, Canada, July 6th, 2017 – Stakeholder Gold Corp. (“Stakeholder Gold” or the “Corporation”) (TSX-V: SRC) is pleased to announce the addition of Robert G. Cuffney in the role of Exploration Manager for Nevada.

Robert has more than thirty-five years of consulting experience working as a professional exploration geologist, including five years working as Senior Geologist for Newmont Exploration Ltd. in Nevada. In the 1990’s he was responsible for Newmont’s district-wide exploration program in Nevada, heading up the search for Carlin type deposits and working in the Great Basin outside of the Carlin Trend. Robert also has extensive experience in exploration for, and development of, epithermal gold deposits in the western U.S. and Mexico, including the Moss mine project currently under development in Arizona.

“We are pleased with the addition of Robert Cuffney to the team. Robert will manage our upcoming exploration effort on Goldstorm in Nevada. The target today has characteristics similar to those identified in the early stages of exploration work at Midas, and having highly qualified and experienced geological management will contribute greatly to our chances of unveiling a new discovery at Goldstorm”, stated Chris Berlet, President and CEO.

Goldstorm Property

The Property is situated in the Snowstorm Mountains Mining District in the western part of Elko County, Nevada. The Property is located approximately 17 km northwest of Klondex’s Ken Snyder (“Midas”) underground gold mine, approximately 18 km east-northeast of Newmont’s Twin Creeks gold mine and approximately 25 km northeast of Barrick Gold’s Turquoise Ridge mine.

A National Instrument 43-101 technical report on the property has been filed on SEDAR and is available on the Stakeholder Gold website at:

NI 43-101 Technical Report

In 2010, West Kirkland Mining drilled two core holes on the Property. Drill hole WG-1001 is located on the Clayton Veins system, situated about 1 km south-southwest of the more extensively explored Northern zone. Beginning at 64.4 m depth, the hole intercepted a 2 m vein zone that assayed 5.5 g/t Au, including a 1 m interval @ 9.29 g/t Au and 73 g/t Ag. The Clayton Veins system trends NW-SE and has been tested by only this one drill hole. The parallel Prochnau Veins system, located about 300 m to the NE, has not yet been drill-tested. Both these vein systems are open along strike and to depth. Evidence of veining has been traced over 2,000 m strike length, and these veins will be the subject of exploration drilling planned to be undertaken by Stakeholder in the coming months.

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The exploration target/model for the Property is based on the Midas mine located about 17 km (11 miles) to the southeast. Goldstorm sits near the intersection of three important gold-bearing structural corridors: the Getchell Trend; the Carlin/Midas Trend and the Northern Nevada Rift.

* Goldstorm property located at the intersection of 3 prominent gold trends in Nevada

 

 

 

 

 

 

 

 

 

 

 

 

 

John Nebocat, BSc (Geological Engineering), P.Eng, Vice President Exploration for Canuc, is the Qualified Person for the Company, as defined by NI 43-101, and has reviewed and approved the contents of this press release.

 

About Stakeholder Gold

Stakeholder Gold Corporation is a Canadian mineral exploration company headquartered in Toronto, Canada. The primary focus of the Corporation during 2017 is to explore the Goldstorm property in Elko County, Nevada (USA). Stakeholder is also exploring on its 100% owned Ballarat Gold Project located in the White Gold District of the Yukon Territory, Canada.

For further information on the content of this release or about Stakeholder, please contact:

Christopher J. Berlet BSc (Mining), CFA

President & CEO

416 548 – 9749

cberlet@stakeholdergold.com

Forward Looking Information

This news release contains forward-looking information. All information, other than information of historical fact, constitute “forward-looking statements” and includes any information that addresses activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including the Corporation’s strategy, plans or future financial or operating performance.

 When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”, “hope”, “may” and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended to identify forward-looking information. The forward-looking information is based on current expectations and applies only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Corporation’s annual financial statements, MD&A and other publicly filed documents.

 The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Stakeholder Receives Approval for Option Agreement on Goldstorm Property in Elko, Nevada

Toronto, Canada, May  9, 2017 – Stakeholder Gold Corp. (“Stakeholder Gold” or the “Corporation”) (TSX-V: SRC) is pleased to announce it has received approval from the TSX Venture Exchange for the previously disclosed property option agreement (the “Agreement”) with  Mountain View Gold Inc. (“MVG”) and Mountain View Gold Corp. (“Mountain View”), a wholly-owned subsidiary of MVG.

Pursuant to the Agreement Mountain View has granted the Corporation an option to earn up to 100% interest in Mountain View’s Goldstorm property (the “Property”), located in Elko County, Nevada. Terms of the agreement are as reflected in the Company’s prior press release dated March 8th, 2017.

The Property

The Property is situated in the Snowstorm Mountains Mining District in the western part of Elko County, Nevada. The Property is located approximately 17 km northwest of Klondex’s Ken Snyder (“Midas”) underground gold mine, approximately 18 km east-northeast of Newmont’s Twin Creeks gold mine and approximately 25 km northeast of Barrick Gold’s Turquoise Ridge mine.

A National Instrument 43-101 technical report on the property has been filed on SEDAR and is available on the Stakeholder Gold website at: http://stakeholdergold.com/goldstorm-project/ni-43-101-technical-report/

The Property contains numerous historic prospects, and the earliest known exploration dates to 1907. There was no activity on the Property between the 1930’s and 1980. An aeromagnetic survey, along with trenching, was conducted in the 1980’s. Drilling exploration commenced in 1989 and was conducted by various companies through 2000. Geologic mapping was published in 1993. Mexivada acquired the Property in 2007, and West Kirkland Mining leased the Property from Mexivada in 2010.

In 2010, West Kirkland Mining drilled two core holes on the Property. Drill hole WG-1001 is located on the Clayton Veins system, situated about 1 km south-southwest of the more extensively explored Northern zone. Beginning at 64.4 m depth, the hole intercepted a 2 m vein zone that assayed 5.5 g/t Au, including a 1 m interval @ 9.29 g/t Au and 73 g/t Ag. The Clayton Veins system trends NW-SE and has been tested by only this one drill hole. The parallel Prochnau Veins system, located about 300 m to the NE, has not yet been drill-tested. Both these vein systems are open along strike and to depth. Evidence of veining has been traced over 2,000 m strike length, and these veins will be the subject of exploration drilling planned to be undertaken by Stakeholder in the coming months.

The exploration target/model for the Property is based on the Midas mine located about 16 km (10 miles) to the southeast. Goldstorm sits near the intersection of three important gold-bearing structural corridors: the Getchell Trend; the Carlin/Midas Trend and the Northern Nevada Rift.

* Goldstorm property located at the intersection of 3 prominent gold trends in Nevada

Gregory C. Ferdock, PhD (ABD), MSc is a Qualified Person under NI 43-101 and has reviewed and approved the technical portions of this news release.

About Stakeholder Gold

Stakeholder Gold Corporation is a Canadian mineral exploration company headquartered in Toronto, Canada. The primary focus of the Corporation during 2017 is to explore the Goldstorm property in Elko County, Nevada (USA). Stakeholder is also exploring on its 100% owned Ballarat Gold Project located in the White Gold District of the Yukon Territory, Canada.

For further information, please contact:

Christopher J. Berlet BSc. (Mining), CFA

President & CEO

416 548 – 9749

cberlet@stakeholdergold.com

Forward Looking Information

This news release contains forward-looking information. All information, other than information of historical fact, constitute “forward-looking statements” and includes any information that addresses activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including the Corporation’s strategy, plans or future financial or operating performance.

When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”, “hope”, “may” and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended to identify forward-looking information. The forward-looking information is based on current expectations and applies only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government regulations could also affect the results.

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Other risks may be set out in the Corporation’s annual financial statements, MD&A and other publicly filed documents.

The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Stakeholder Announces Option Agreement on Goldstorm Property in Elko, Nevada

Toronto, Canada, March 8, 2017 – Stakeholder Gold Corp. (“Stakeholder Gold” or the “Corporation”) (TSX-V: SRC) is pleased to announce it has entered into a property option agreement (the “Agreement”) with  Mountain View Gold Inc. (“MVG”) and Mountain View Gold Corp. (“Mountain View”), a wholly-owned subsidiary of MVG, pursuant to which Mountain View has granted the Corporation an option to earn up to a 100% interest in Mountain View’s Goldstorm property (the “Property”), located in Elko County, Nevada. The transactions contemplated by the Agreement are conditional upon and subject to the approval of the TSX Venture Exchange.

The Agreement

 

First Option

Under the terms of the Agreement, the Corporation has the sole exclusive right and option to earn an initial 40% interest in the Property (the “First Option”), by: (i) paying to Mountain View cash consideration in the amount of $40,000, (ii) issuing to Mountain View 1,250,000 common shares in the capital of the Corporation (the “Common Shares”), (iii) issuing to Mountain View an additional 1,250,000 Common Shares on the nine month anniversary of the date of the Agreement, and (iv) incurring certain exploration expenditures on the Property of not less than $750,000 within 12 months of the effective date of the Agreement or by paying to Mountain View the balance of such amount not incurred by the Corporation prior to that date.

Second Option

Following the completion of the First Option, the Corporation has the option to earn a further 40% interest in the Property (the “Second Option”), by: (i) issuing to Mountain View 1,750,000 Common Shares upon the date of exercise (the “Second Option Exercise Date”), (ii) issuing to Mountain View an additional 1,750,000 Common Shares on the three month anniversary of the Second Option Exercise Date, (iii) incurring certain exploration expenditures on the Property of not less than $750,000 within nine months of the Second Option Exercise Date or by paying to Mountain View the balance of such dropping football odds amount not incurred by the Corporation prior to that date, and (iv) delivering a technical report relating to the Property.

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Third Option

Following the completion of the Second Option, the Corporation has the option to earn a further 20% interest in the Property (the “Third Option”),  by either: (i) paying to Mountain View cash consideration equal to $20 per ounce of gold or gold equivalent multiplied by the total ounces of gold or gold equivalent (measured, indicated and inferred) on the Property as set out in a technical report, to be dated no later than 60 days prior to the exercise date of the Third Option, or (ii) issuing to Mountain View 3,000,000 Common Shares.

The Property

The Property is located in the Snowstorm Mountains Mining District in the western part of Elko County, Nevada. The center of the Property is approximately 17 km northwest of the town of Midas, the location of Klondex’s Ken Snyder (“Midas”) underground gold mine and approximately 18 km east-northeast of Newmont’s open pit Twin Creeks gold mine.

The Property contains numerous historic prospects with no obvious production; the earliest known exploration dates to 1907. There was no activity on the Property between the 1930’s and 1980. An aeromagnetic survey, along with trenching, was conducted in the 1980’s. Drilling exploration commenced in 1989 and was conducted by various companies through 2000. Geologic mapping was published in 1993. Mexivada acquired the Property in 2007, and West Kirkland Mining leased the Property in 2010 and drilled two core holes.

Of a total of 53 holes drilled on the Property, only 3 were core holes. The bulk of the percussion (open hole) and reverse circulation (RC) drilling was performed along a dominantly east-west trending structural zone located from 500 m to 1,000 m north of the current target area. A boulder train, yielding results as high as 39 g/t Au occurs along this northern trend, but drilling failed to identify the source.

In 2010, West Kirkland Mining drilled two core holes on the Property. DH-2010-1 is located on the Clayton Veins system, situated about 1 km south-southwest of the northern zone. Beginning at 64.4 m depth, the hole intercepted a 2m vein zone that assayed 5.5 g/t Au, including a 1 m interval @ 9.27 g/t Au and 73 g/t Ag. The Clayton Veins system trends NW-SE and has been tested by only this one drill hole. The parallel Prochnau Veins system, located about 300 m to the NE, has not yet been drill-tested. Both these vein systems are open to the NW and SE, and evidence of veining has been traced over 2,000 m strike length.

The exploration target/model for the Property is based on the Midas mine located about 16 km (10 miles) to the south-east. Goldstorm sits near the intersection of three important gold-bearing structural corridors: the Getchell Trend; the Carlin/Midas Trend; and the Northern Nevada Rift. It is interpreted that the intercept in hole DH-2010-1 is near the top of a blind, potentially high grade shoot similar to the geological setting observed at the Midas Mine.

About Stakeholder Gold

Stakeholder Gold is a Canadian mineral exploration company headquartered in Toronto, Canada. The primary focus of the Corporation is to explore and develop the Ballarat Gold Property in the White Gold District of the Yukon Territory.

For further information, please contact

Christopher J. Berlet, CFA

President & CEO

416 525 – 6869

cberlet@stakeholdergold.com

 

Forward Looking Information

This news release contains forward-looking information. All information, other than information of historical fact, constitute “forward-looking statements” and includes any information that addresses activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including the Corporation’s strategy, plans or future financial or operating performance.

 

When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”, “hope”, “may” and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended to identify forward-looking information. The forward-looking information is based on current expectations and applies only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the Agreement and obtaining TSX Venture Exchange approval of the Agreement and the transactions contemplated therein. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Corporation’s annual financial statements, MD&A and other publicly filed documents.

 

The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.