Browse Author: Stakeholder Admin

Stakeholder Completes Share Consolidation & Commences Private Placement

As of December 17th, 2015, the share consolidation for Stakeholder Gold Corporation.(“Stakeholder” or the “Company”) (TSX-V: SRC) has taken effect. The authorized capital of the Corporation has been altered by consolidating all of the issued and outstanding Common Shares on the basis of one (1) new Common Share for every ten (10) existing Common Shares. Any fractional shares arising from the consolidation of Common Shares have been rounded down to the nearest whole share.
The Company is also pleased to announce the commencement of a non-brokered private placement for proceeds of $300,000 (3,000,000 common shares). This financing is eligible for 2015 flow-through and is priced at a post Share Consolidation price of $.10 per Common Share. The financing is expected to close at or about the end December 2015 and is subject to exchange approval.
About Stakeholder Gold Corporation
Stakeholder Gold Corp. is a Canadian mineral exploration company headquartered in Toronto, Canada. The primary focus of Stakeholder is to explore and develop the Ballarat Gold Property which is located in the White Gold District of the Yukon. Neither the 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 more Stakeholder Gold Corp. information, please contact 
Christopher J. Berlet, CFA
President & CEO
416 525-6869
cberlet@stakeholdergold.com

Stakeholder Proposes Share Consolidation and Rights Offering

TORONTO, ONTARIO – (November 3, 2015) – Stakeholder Gold Corp.(“Stakeholder” or the “Company”) (TSX-V: SRC), wishes to announce a proposed share consolidation. The share consolidation is expected to be undertaken at a ten (10) for one (1) ratio. The consolidation and also an option for a rights offering are expected to be ratified and approved by shareholders at the upcoming Annual General Meeting which is scheduled to be held on December 4th, 2015 at 11:00 am at the Company’s offices located at 121 Richmond Street West Suite 402, Toronto, Ontario, M5H 2K1. The share consolidation and rights offering will also be subject to Exchange approval.
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As of the date of this release the Company has 69,038,319 common shares outstanding.Subsequent to consolidation on a ten (10) for one (1) basis, the amount of securities outstanding would be approximately 6,903,831.
Management and the Board of Stakeholder are of the belief that a share consolidation will enhance the marketability of the Company’s common shares and that a proposed rights offering may be the fairest way to permit existing shareholders to participate further. The share consolidation is expected to facilitate any further financings thereby enabling Stakeholder’s growth strategies to be implemented. The Company does not anticipate a name change in conjunction with the consolidation.
About Stakeholder Gold Corporation
Stakeholder Gold Corp. is a Canadian mineral exploration company headquartered in Toronto, Canada. The primary focus of Stakeholder is to explore and develop the Ballarat Gold Property which is located in the White Gold District of the Yukon.
Neither the 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 more Stakeholder Gold Corp. information, please contact 
Christopher J. Berlet, CFA
President & CEO
416 525-6869
cberlet@stakeholdergold.com

Stakeholder Gold Corp. Closes Private Placement

TORONTO, ONTARIO – (October 5, 2015) – Stakeholder Gold Corp(“Stakeholder”or the “Company”) (TSX-V: SRC), is pleased to announce the closing of a non-brokered private placement totaling $95,343. This private placement consists of $15,000 of flow-through financing (issuance of 300,000 units priced at $0.05 with a one year half warrant priced at $0.15) and $80,343 of hard dollar financing (issuance of 1,606,860 units priced at $0.05 with a one year half warrant priced at $0.15), for total gross proceeds of $95,343 dollars.
About Stakeholder Gold Corporation
Stakeholder Gold Corp. is a Canadian mineral exploration company headquartered in
Toronto, Canada.  The primary focus of Stakeholder is to explore and develop the Ballarat Gold Property in the White Gold District of the Yukon. Neither the 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 more Stakeholder Gold Corp. information, please contact 
Christopher J. Berlet, CFA
President & CEO
416 525-6869
cberlet@stakeholdergold.com

Stakeholder Gold Corp. Announces Director Resignation

TORONTO, ONTARIO – (September 8, 2015) – Stakeholder Gold Corp. (“Stakeholder”, or the “Company”) (TSX-V: SRC) would like to take this opportunity to acknowledge the resignation of Nick Ierfino as a director of the Company and thank him for his term of service on the Stakeholder board of directors.

About Stakeholder Gold Corporation

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

Neither the 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 more Stakeholder Gold Corp. information, please contact

Christopher J. Berlet, CFA

President & CEO

416 525-6869

cberlet@stakeholdergold.com

Stakeholder Gold Corp. prices financing and focuses on Yukon

TORONTO, ONTARIO – (June 17, 2015) – Stakeholder Gold Corp. (“Stakeholder”, or the “Company”) (TSX-V: SRC) is pleased to announce terms of a non-brokered private placement financing for up to a maximum of 20M units. Units are priced at $0.05 (5 cents) for shares and $0.15 (15 cents) for warrants. Each unit carries a half warrant. Each full warrant entitles the holder to purchase one common share at $0.15 (15 cents) for a period of 12 months from the closing of the financing.

Stakeholder will undertake exploration on the Ballarat project in the Yukon, including cost effective soil surveys using the GT Probe and the GT RAB drill and the Company will provide exploration information from this activity as quickly as possible upon receiving results. Stakeholder has been unable to negotiate revised terms for exploration on the Bass River project, and has discontinued exploration efforts in Nova Scotia.

About Stakeholder Gold Corporation

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

Neither the 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 more Stakeholder Gold Corp.  information, please contact

Christopher J. Berlet, CFA                 Michael Ballanger

President & CEO                                Advisory Committee

416 525-6869                                      416 786-5055

cberlet@stakeholdergold.com            mballanger@stakeholdergold.com

 

Stakeholder Webcast Update

TORONTO, ONTARIO – (May 5, 2015) – Stakeholder Gold Corp. (“Stakeholder”, or the “Company”) (TSX-V: SRC) is holding a Webcast on Thursday May 7th at 3:00 PM EST. The webcast will discuss exploration prospects for the Company’s Ballarat Gold Project in the Yukon, and will provide a review of the recently concluded Bass River drill program.

GroundTruth Exploration Inc. founder Shawn Ryan will join the call to discuss the use of proprietary technologies such as the GT Probe, the GT RAB Drill and the exploration applications developed for the UAV Drone. Stakeholder will be working with GroundTruth who will be using their industry leading technologies for exploration of the Ballarat Gold Property and for other exploration projects in the White Gold District.

For online access use the following link to the webcast:

http://christopherberlet.enterthemeeting.com/m/DQDKTXEE

For direct dial-in access please use the following:

Number: (949) 229-4400

Audio Pin: 1992253#

 

A link to the GroundTruth equipment & operations video displays can be accessed here:

http://groundtruthexploration.com/gallery/videos/

 

About Stakeholder Gold Corporation

Stakeholder Gold Corp. is a Canadian mineral exploration company headquartered in Toronto, Canada.  The primary focus of Stakeholder is to explore and develop the Ballarat Gold Property in the White Gold District of the Yukon. The Company is also involved in IOCG exploration at the Bass River Project in central Nova Scotia.

 

Neither the 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 more Stakeholder Gold Corp.  information, please contact

 

Christopher J. Berlet, CFA                 Michael Ballanger

President & CEO                                Advisory Committee

416 525-6869                                      416 786-5055

cberlet@stakeholdergold.com            mballanger@stakeholdergold.com

Stakeholder Gold Corp. engages GroundTruth and Shawn Ryan joins Advisory Committee

TORONTO, ONTARIO – (April 23, 2015) – Stakeholder Gold Corp. (“Stakeholder”, or the “Company”) (TSX-V: SRC) is pleased to announce that GroundTruth Exploration Inc. (“GroundTruth”) is reviewing geological data for engagement by Stakeholder in the exploration and development of the Company’s 100% owned Ballarat Gold Property. Located 120 km southeast of Dawson City, Yukon, the Ballarat Gold Property is positioned between Kaminak Gold Corporation’s Coffee Property and Kinross Gold Corporation’s Golden Saddle Property.

Stakeholder is also pleased to announce that GroundTruth founder Shawn Ryan has agreed to join the Company’s Exploration Advisory Committee in order to provide guidance on the advancement of the Ballarat project as well as other strategic initiatives in the White Gold District.

GroundTruth 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 will be working with GroundTruth who will be using their industry leading technologies for exploration of the Ballarat Gold Property and for other exploration projects in the White Gold District.

A link to the GroundTruth equipment & operations video displays can be accessed here:

http://groundtruthexploration.com/gallery/videos/

“Shawn Ryan is an experienced and proven discoverer of gold deposits in the Yukon and the company he founded, GroundTruth Exploration Inc., has developed some of the most advanced and cost effective methods of exploring for mineral assets (particularly, but not exclusively, gold occurrences). Stakeholder is very pleased to have the opportunity to work with this professional group of mineral explorers, and to receive the benefits of their advanced proprietary technologies”, said Chris Berlet, CEO of Stakeholder.

“We are happy to be involved with the Ballarat project which we believe hosts meaningful potential for discovery of another economic gold deposit in the Yukon”, said Shawn Ryan, founder of GroundTruth Exploration Inc.

A webcast to discuss exploration prospects on the Company’s Ballarat Gold Project in the Yukon, and to provide a review of the recently concluded Bass River drill program, will be held on Thursday April 30th at 3:00 PM EST.

For online access use the following link to the webcast:

http://christopherberlet.enterthemeeting.com/m/ZF2XGMMZ

For direct dial-in access please use the following:

Number: (949) 229-4400

Audio Pin: 1992253#

About Stakeholder Gold Corporation

Stakeholder Gold Corp. is a Canadian mineral exploration company headquartered in Toronto, Canada.  The primary focus of Stakeholder is to explore and develop the Ballarat Gold Property in the White Gold District of the Yukon. The Company is also involved in IOCG exploration at the Bass River Project in central Nova Scotia.

Neither the 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 more Stakeholder Gold Corp.  information, please contact

Christopher J. Berlet, CFA                 Michael Ballanger

President & CEO                                Advisory Committee

416 525-6869                                      416 786-5055

cberlet@stakeholdergold.com            mballanger@stakeholdergold.com

 

Stakeholder Gold Corp. Bass River Drilling Update 19 March 2015

TORONTO, ONTARIO – (Mar 19, 2015) – Stakeholder Gold Corp. (“Stakeholder” or the “Company”) (TSX-V: SRC) is pleased to report on recent progress for the Bass River Exploration Project in Nova Scotia.
In January 2015, 72 line km of airborne VTEM and magnetics were flown by Geotech Ltd. in an area to the northeast of VTEM cluster VTBR-05 that was defined in the 2013 VTEM survey. Previously recognized as prospective due to anomalous Pb / Zn soil geochemistry, the preliminary interpretation of this new target (Castlereagh) has been received and appears substantially larger and of greater magnitude than VTBR-5 (Figure 1). Previously defined by 9 individual airborne VTEM anomalies, VTBR-05 was the focus of drilling following the discovery of Pb / Zn mineralization at surface and its further delineation by soil geochemistry (Gamble Lake grid).


Figure 1. VTBR-05 and Castlereagh anomaly

Detailed research by geologists from the Department of Natural Resources, Nova Scotia has assisted in interpreting the geology and style of mineralization. Approximately 700+ XRF analyses have been conducted on the Gamble Lake drill core and it appears that the host rocks are a sequence of mafic to felsic volcanics with mineralization associated with sericitized basalts containing pyrrhotite bands and fractures. The mineralized zone is underlain by rhyolite and rock geochemistry shows the Pb / Zn content to increase to the northeast.

When reviewed in a regional context, the Castlereagh anomaly appears to be a separate entity, the LiDAR image showing a distinct east west break along the boundary between it and VTBR-05. The new geological interpretation suggests the host to be lower in the sequence than the Gamble Lake occurrence with potential mineralization sitting at a rhyolite / felsic contact.

In 2015, Minotaur Exploration Ltd. (Australia) will continue to assist the Bass River Joint Venture partners examine the VTEM data, further defining the individual targets. Soil geochemistry and a ground based Pulse Electro-Magentic surveys will follow. Results will be interpreted by Minotaur who will propose potential drill collars.

Approximately 75 samples of drill core have yet to be returned from the Gamble Lake (VTR-05) grid. When all remaining assays have been received from Agat Laboratories, they will be reviewed by members of the Technical Advisory Committee then released. These results are expected within the next few days.

QA/QC
The drill program is being managed by Cogonov Inc. and cores are logged and sampled at their facility in Truro, Nova Scotia. The drill core is sawed in half, with half being sent to the AGAT Laboratories office in Dartmouth, Nova Scotia. From there, the sample is transported to the AGAT facility in Mississauga for analysis. The other half of each sample is retained for reference. The core samples are analyzed using an aqua regia digestion with an inductively-coupled plasma mass spectrometry (ICP-MS) finish. AGAT maintains a strict quality control program with standards, blanks and duplicates included in every sample series. Standards and blanks for confirmation analysis are also regularly inserted, by Cogonov Inc. personnel, to the sample series at the core facility in Truro Nova Scotia.
This Press Release has been prepared by Gary Lohman, P.Geo. (QP under the terms of NI 43-101).

About Stakeholder Gold Corporation
:
Stakeholder Gold Corp. is a Canadian mineral exploration company headquartered in Toronto, Canada with the flagship property located in Nova Scotia, Canada.  The primary focus of Stakeholder is developing the Bass River Iron Oxide Copper Gold (IOCG) project which the company has optioned, and which is located on the Cobequid-Chedabucto Fault Zone (CCFZ) in central Nova Scotia. The property is host to >100 mineral occurrences and small deposits of Iron-Oxide, Copper, Cobalt, Gold, Nickel and Barite. The CCFZ has only recently been recognized as a potential host for IOCG deposit types.

Neither the 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 more Stakeholder Gold Corp.  information, please contact

Christopher J. Berlet, CFA                     Michael Ballanger
President & CEO                                     Advisory Committee
416 525-6869                                         416- 786-5055
cberlet@stakeholdergold.com            mballlanger@stakeholdergold.com

Stakeholder Gold Corp. reports Issuance of Stock Options

TORONTO, ONTARIO – (Jan. 19, 2015) – Stakeholder Gold Corp. (“Stakeholder” or the “Company”) (TSX-V: SRC) is pleased to report the issuance of 2,300,000 stock options to its directors and senior management team. The options were issued with a strike price of $0.25 per share, vest immediately and have an initial term of 5 years.

About Stakeholder Gold Corporation

Stakeholder Gold Corp. is a Canadian mineral exploration company headquartered in Toronto, Canada with the flagship property located in Nova Scotia, Canada.  The primary focus of Stakeholder is developing the Bass River Iron Oxide Copper Gold (IOCG) project which the company has optioned, and which is located on the Cobequid – Chedabucto Fault Zone (CCFZ) in central Nova Scotia. The property is host to >100 mineral occurrences and small deposits of Iron-Oxide, Copper, Cobalt, Gold, Nickel and Barite. The CCFZ has only recently been recognized as a potential host for IOCG deposit types.

Neither the 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 more Stakeholder Gold Corp. information, please contact :

Christopher J. Berlet, CFA
President & CEO
416 525-6869
cberlet@stakeholdergold.com
Michael Ballanger
Advisory Committee
416-786-5055
mballlanger@stakeholdergold.com

January 15, 2015. Stakeholder Gold Corp. reports visible copper-lead-zinc at Bass River

TORONTO, ONTARIO – (Jan. 15, 2015) – Stakeholder Gold Corp. (“Stakeholder” or the “Company”) (TSX-V: SRC) is pleased to report on recent progress for the Bass River Exploration Project in Nova Scotia. Drilling commenced in late November and to date approximately 1,500 meters of drilling have been completed in the first 5 drill holes.

“The results from the 4 holes in the northern portion of VTBR-05 have been positive, outlining a 70 meter wide, north trending shear zone, 550 meters in length with pervasive visible Pyrrhotite, Pyrite, Chalcopyrite, Sphalerite and Galena. The style and extent of this mineralization is undocumented in the Cobequids and we look forward to expanding the zone with additional drilling” stated Gary Lohman, COO of Cogonov Inc.

Drill Hole

Target

Azimuth

Dip (degrees)

Depth (m.)

 

 

 

 

 

BR-14-01

NS23
Gravity Anomaly

06

– 70

484

BR-14-02

NS23
Gravity Anomaly

315

-45

253

GL-14-01

VTBR05

118

-45

250

GL-14-02

VTBR05

118

-70

306

GL-14-03

VTBR05

93

-45

262

 

Gravity target NS23

Hole BR-14-01 was drilled to test a previously defined gravity anomaly (NS23) located along the southern portion of the claim group just to the north of the Londonderry fault. The hole intersected a thick sequence of mafic volcanics throughout its entire length. The volcanics were moderately to highly magnetic, the more intense zones associated with shear related quartz, chlorite, pyrrhotite stringer zones. These veins commonly carry aggregates and disseminations of chalcopyrite.

Drill hole BR-14-02 was collared approximately 750 meters north of BR-14-01, targeting a south-southwest trending copper soil anomaly within NS23. As with BR-14-01, the hole was primarily within sheared or foliated, variably magnetic mafic volcanics. Only scattered chalcopyrite and pyrrhotite veining was present in the core, particularly in the lower portion underlying the soil anomaly.

VTEM Cluster VTBR-05 (Gamble Lake Grid)

The Gamble Lake grid is located along the north flank of NS23 and covers VTEM cluster VTBR-05 (Figure 1). Previously defined by 9 individual airborne VTEM anomalies, field work in 2014 identified lead and zinc sulphide mineralization at surface within the overlying grid, coincident with a 1,000 meter long northeast trending copper, lead, zinc, barium and silver soil anomaly. The initial exploration program was followed by 11.5 km of ground based pulse electromagnetic (PEM) surveying which, when modeled, identified 5 individual conductive plates at depth. A total of 6 drill holes are planned to test these priority targets. To date, 3 drill holes have been completed testing conductive plates 1 and 2 (Figure 1).

Drill hole GL-14-01 intersected a sequence of sheared sediments lying below a highly altered rhyolite. Between 80 and 178 meters, the shear exhibited extensive sericite alteration and pervasive, pyrrhotite, +/- pyrite, +/- galena, +/- sphalerite, +/- chalcopyrite bearing stringers and fracture fillings.  The zone correlates very well with the modelled geophysics as well as with the soil geochem and VTEM anomalies.

Drill hole GL-14-02 was designed to intersect the mineralized zone at depth. The hole interested the same sequence of sheared sediments as the previous hole down to a depth of 130 meters where it intersected a 17 meter thick sill, cutting off the mineralization. Mineralized intervals included a 10 meter section of minor galena and sphalerite which is offset to the south and approximately 3 meters of low grade pyrrhotite / chalcopyrite veining at the bottom of the drill hole.

Drill hole GL-14-03 was drilled to a depth of 262 meters and is presently being logged. Initial observations note an intense sericite and banded magnetite/sericite alteration zone between 175 and 209 meters accompanied by visible pyrrhotite, chalcopyrite, sphalerite and pyrite veinlets and stringers (Figure 2). The hole terminated in a mafic dike.

QA/QC

The drill program is being managed by Cogonov Inc. and cores are logged and sampled at their facility in Truro, Nova Scotia. The drill core is sawed in half, with half being sent to the AGAT Laboratories office in Dartmouth, Nova Scotia. From there, the sample is transported to the AGAT facility in Mississauga for analysis. The other half of each sample is retained for reference. The core samples are analyzed using an aqua regia digestion with an inductively-coupled plasma mass spectrometry (ICP-MS) finish. Over limit samples are assayed. Approximately 72 samples have been delivered to AGAT Laboratories and deliveries will continue on a weekly basis. AGAT maintains a strict quality control program with standards, blanks and duplicates included in every sample series. Standards and blanks for confirmation analysis are also regularly inserted, by Cogonov Inc. personnel, to the sample series at the core facility in Truro Nova Scotia.

Figure 1, VTEM Cluster VTBR-05 (Gamble Lake Grid)

Figure 2, Photo of drill core GL-14-03
“Stakeholder continues to de-risk the Bass River exploration project and is pursuing a target with size and scale and now proven copper-lead-zinc mineralogy. This is an exciting combination and we look forward to providing further information as more results become available,” said Chris Berlet, CEO of Stakeholder.

“This is a culmination of many years of field work, geophysical surveys and data compilation by the Cogonov Exploration Team including geologists, prospectors, geophysical advisors, the Technical Advisory Committee and management. We are very excited to move the company forward and to be drilling at at the Bass River project,” said PJ. Cruickshank, President and CEO of Cogonov Inc.

Mr. Gary H. Lohman, B.Sc., P.Geo., and a Qualified Person under NI 43-101, has reviewed and approved the technical portions of this news release.

About Cogonov Inc.
Cogonov is a private resource company focused on the advanced exploration and development of iron oxide copper gold (IOCG) deposits in central Nova Scotia, Canada. Formed for this specific purpose, Cogonov initially acquired 2,651 claims along the Cobequid Chedabucto fault zone, which covered exploration targets previously delineated by Minotaur Exploration Ltd. Australia. These targets were the result of years of fieldwork, including the largest ground based gravity and airborne survey conducted in Eastern Canada.

For more Cogonov Inc. information, please contact
PJ.  Cruickshank, MBA.
President & CEO
pcruickshank@cogonov.com
647-558-6017

About Stakeholder Gold Corporation

Stakeholder Gold Corp. is a Canadian mineral exploration company headquartered in Toronto, Canada with the flagship property located in Nova Scotia, Canada.  The primary focus of Stakeholder is developing the Bass River Iron Oxide Copper Gold (IOCG) project which the company has optioned, and which is located on the Cobequid-Chedabucto Fault Zone (CCFZ) in central Nova Scotia. The property is host to >100 mineral occurrences and small deposits of Iron-Oxide, Copper, Cobalt, Gold, Nickel and Barite. The CCFZ has only recently been recognized as a potential host for IOCG deposit types.

Neither the 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 more Stakeholder Gold Corp.  information, please contact

Christopher J. Berlet, CFA               Michael Ballanger
President & CEO                             Advisory Committee
416 525-6869                                   416-786-5055
cberlet@stakeholdergold.com         mballlanger@stakeholdergold.com