Browse Category: 2016

Stakeholder Gold Corp. Announces Ballarat 2016 Exploration Summary and Plans for 2017

During 2016, Stakeholder Gold Corp. completed a comprehensive exploration program on the Ballarat project; this work included: collection of 1,723 grid and reconnaissance soil samples; 425 GT Probe bedrock interface samples over 5 lines on the Northwest Zone; 11.76 line-km of high-resolution DC IP-Resistivity surveys over 28 lines on the Northwest and Eastern Zones; a 38.75 sq. km drone-derived, aerial photographic and DEM data capture survey of the property; geologic mapping and prospecting; and 1,728.15 m of RAB Drilling in 18 holes on the Eastern Zone.

Although the 18 RAB holes drilled on the Eastern Zone (of a planned 30 hole program curtailed due to weather) yielded only narrow intervals of anomalous gold, the northeastern extension of the zone as well as the newly-discovered Skye Zone, located 1,500 m to the southwest, were not tested by drilling. Also, certain targets on the Northwest Zone have not yet been drilled.

Eastern Zone

Interpretations made by Groundtruth Exploration Inc., who managed the program, indicate there were two mineralizing events.

One, with an Au-Ag-Hg-Te signature, has similarities to known occurrences on the White Gold showing and the deep zone in the Golden Saddle deposit. These can be high grade in the right structural setting, and the best continuity is found where the mineralization/alteration is formed at a deeper setting with an Au-Mo +/-Pb signature (Golden Saddle and QV)

 

The other event has an Ag-As-Bi-Cu-Pb-Sb-Zn signature. This is likely later and intrusive-related, most likely dikes following the same structures that host the earlier gold-rich event. This later event may have overprinted the earlier one–possibly diluting the gold content.

Skye Zone

This zone is very much the same as the Eastern Zone but with better exposure. It contains more quartz veins and the significant Au-Mo +/-Pb geochemical signature (similar to Golden Saddle). The orientation of the mineralization is unknown, and this zone needs to be tested with geophysics and drilling.

Northwest Zone

Mineralization at the Northwest Zone is interpreted to be associated with E-NE oriented splay(s) from the NE-trending Ballarat fault, but direct observations of mineralization are few due to cover. Float of discrete, often sulfide bearing quartz veins and quartz vein breccias occur; however, pieces of strongly quartz-sericite altered felsic gneiss with stockwork quartz veining were noted, indicating that more robust zones of alteration and mineralization exist. Overall, three primary factors appear to be associated with localizing mineralization in the NW Zone:

1.) Host rock,

2.) pre-mineral ductile deformation, and

3.) brittle, likely syn-mineral, faulting.

While mineralization can occur over the trend in any of the host rocks, the primary focus of exploration should be along interpreted brittle structures within the felsic gneiss and/or contact with the amphibolite. The Ballarat property has strong potential to host significant gold mineralization. It sources, and is adjacent to, four placer bearing creeks: Ballarat, Kirkman, Thistle & Barker. The property is cut by regional scale structures and has evidence of multiple ductile-brittle deformation events. It is underlain by chemically reactive and/or brittle host rocks with robust geochemical anomalies.

While the results of 2016 exploration activities weren’t significant (in a market sense), they were positive. At the Northwest Zone, results indicate the potential for km-scale mineralized structures that are untested (despite historic diamond drilling in the area) and warrant follow-up drilling. At the East Zone, RAB drilling intersected significant zones of alteration, albeit at low grades, adjacent to a regional scale fault, and there are indications of at least two hydrothermal events. This is important because it demonstrates that there were active gold-bearing, hydrothermal system(s) in the area. The Skye zone is a new discovery at surface that was missed during historic exploration efforts on the property. It is open for expansion along strike and warrants drill testing. There are also new anomalies identified from reconnaissance soils that warrant follow-up grid sampling and prospecting.

best football odds and expert uk football predictions oddslot today uk football predictions from the experts

A further 146 mineral claims were staked by the Company south of, and contiguous with, the existing claims; the property now consists of 346 claims covering approximately 69 sq. km (6,900 ha). Little information is available from this area. The access road planned for Goldcorp’s Coffee deposit will pass through the eastern half of these claims (Link 1 below).

Specific recommendations for continued exploration on the Ballarat property include: additional grid and reconnaissance soil samples, additional IP-Resistivity surveys, additional geologic mapping and prospecting and initial RAB drilling on the Northwest and Skye Zones.

“During 2016, GroundTruth Exploration Inc. management were able to identify several targets of merit for gold exploration on Ballarat, and to increase the size of the Stakeholder land position by more than 42%. The White Gold District remains one of the world’s premiere locations for gold exploration. Stakeholder is positioned in proximity to much larger companies (Link 2 below) that have already identified the significant economic potential of the district, manifesting their interest by way of acquisitions and joint venture agreements. Ballarat Creek has been a prolific and rewarding placer gold producer, yielding in excess of 104,000 oz. of historical gold production, and we are looking forward to the 2017 exploration season.” — Christopher Berlet, President and CEO.

Links to recently updated maps on Stakeholder website: 

Link 1 Ballarat Property Including New Claims & Proposed Coffee Road                                                Jan, 2017

http://stakeholdergold.com/wp-content/uploads/2016/04/CLAIM-LOCATIONS-BALLARAT-copy.jpg

Link 2 Major Claim Holders & Deposits of the White Gold District, Yukon Territory                       Jan, 2017

http://stakeholdergold.com/wp-content/uploads/2016/04/WHITE-GOLD-DISTRICT-CLAIMS-JANUARY-2017.png

John Nebocat, P.Eng is a Qualified Person under NI 43-101 and has reviewed and approved the technical portions of this news release.

 

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 Territory.

 

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

 

 

 

Forward-Looking Statements: This news release contains forward-looking statements that include risks and uncertainties.  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 statements.  The forward-looking statements are based on current expectations and apply 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 statements include changes in the prevailing price of gold, the prevailing price of natural gas, the Canadian-United States exchange rate, amount of gas produced that could affect revenues and production costs.  Other factors such as uncertainties regarding government regulations could also affect the results.  Other risks may be set out in the Company’s annual financial statements and MD&A.

Eastern Zone RAB Drill Results and Increased Ballarat Land Position Announced

Stakeholder Gold Corp. (“Stakeholder” or the “Company”) (TSX-V: SRC) announces the results from 18 holes of a planned 30-hole drill program completed on the Eastern Zone of the Ballarat property, Dawson Range, Yukon.

The program totaled just over 1,728 m (hole 16 was abandoned at 35 m) with all but two holes reaching 100 m depth. The holes targeted a combination of gold-anomalous soil samples and interpreted structures based on induced polarization and resistivity surveys over a formational strike length of 500 m, NE-SW. The gold-in-soil anomaly extends further to the northeast by at least another 100 m, but this area was not drill tested due to inclement weather conditions which resulted in this year’s planned drill program being cut short.

Several holes intersected isolated zones that ran up to 1.5 g/t gold in single samples (1.5 m), but bracketed by broader zones of <1 g/t gold material (up to 12 m). All holes except one were drilled inclined to the northwest or southeast, perpendicular to the formational strike and interpreted trend of the anomalies.

Further evaluation of these results will be done over the winter months to develop a strategy for 2017. As yet, the northeastern end of the Eastern Zone, the newly-discovered Skye zone, 1,500 m southwest of the Eastern zone, and the Northwest zone have not been drill tested. There are several new gold-in-soil targets that have been identified in 2016, which are located between the Northwest and Eastern zones.

The 2016 exploration program was designed and carried out by GroundTruth Exploration Inc. of Dawson City, Yukon.

Increased Ground Position

The Company staked an additional 168 claims in the most recent Quarter: 146 south of and 22 north of the Ballarat property; these new claims are contiguous with the existing ones (see diagram attached to this document).

Appointment of New Chief Financial Officer

Stakeholder is also pleased to announce the appointment, subject to TSXV approval, of Jaimie MacPherson as Chief Financial Officer effective as of December 14, 2016. Mr. MacPherson replaces Robert Lelovic, who will resign from his position as Chief Financial Officer effective as of December 14, 2016. Stakeholder would like to thank Mr. Lelovic for his hard work, dedication and contributions during his tenure at the Company and wishes him all the best in his future ventures.

Mr. Jaimie MacPherson is a chartered accountant with over 25 years of experience servicing businesses in the public and private market. He is the President of the MacPherson Group of Companies, one of which is a boutique accounting firm that provides CFO and other back office services primarily to junior mining and other small multinational companies.  Prior to starting the MacPherson Group, he was the Chief Financial Officer of a private equity group with committed capital of nearly $5 billion which invested in high tech companies based in the United States. He is a former KPMG manager and holds a B.A. in Economics from Princeton University.

press12142016

John Nebocat, P.Eng is a Qualified Person under NI 43-101 and has reviewed and approved the technical portions of this news release.

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 Territory.

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

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 of this release.

Forward-Looking Statements: This news release contains forward-looking statements that include risks and uncertainties.  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 statements.  The forward-looking statements are based on current expectations and apply 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 statements include changes in the prevailing price of gold, the prevailing price of natural gas, the Canadian-United States exchange rate, amount of gas produced that could affect revenues and production costs.  Other factors such as uncertainties regarding government regulations could also affect the results.  Other risks may be set out in the Company’s annual financial statements and MD&A.

Update on Phase II Program at Ballarat—RAB Drilling to Commence

Stakeholder Gold Corp. (“Stakeholder” or the “Company”) (TSX-V: SRC) is pleased to announce results of the recently completed Phase II exploration program on the Company’s Ballarat property, located in the Dawson Range, Yukon. The Program was planned, executed and managed by GroundTruth Exploration Inc. (“GroundTruth”).

In-fill soil samples were collected from the gold-anomalous zone, and additional lines were added to the northeast and southwest of the Eastern zone grid to test for possible extensions. The in-fill sampling was done along 10 lines spaced 50 m apart with samples taken every 25 m along the lines; the extension lines, beyond the existing grid, were sampled along lines 100 m apart with samples taken every 50 m along the lines.

The detailed sampling has further defined the Eastern zone target, confirming that its footprint is at least 600 m long, NE-SW by up to 300 m wide, NW-SE. The northernmost part of the target could not be soil-tested due to subdued terrain and heavy overburden, but the anomaly likely continues in this direction for about another 100 m, to the confluence of three intersecting faults (see figure, attached).

Prospecting and mapping has discovered strongly silicified metamorphic rocks in talus and sub-crops (see Stakeholder website, bottom of Home page.) Pyrite was observed in some of these silicified and phyllic-altered rocks. The results of rock samples are pending.

Interpretation of DEM and Google Earth imagery suggests that the Eastern zone is located near the intersection of three faults: north-south (placer-bearing further downstream), WNW-ESE (older thrust reactivated as a transverse fault) and NE-SW (splay faults off the N-S fault.)

The IP and resistivity surveys show at least three linear features trending roughly parallel with the trend of the soil anomaly. GroundTruth has interpreted these as splay faults coming off the WNW-ENE transverse fault. The geophysical features become more complicated to the NE, possibly due to intersecting or converging structures.

A rotary air blast (RAB) drilling program is due to start immediately. Up to 30 holes are planned for both the Eastern and Northwest zone with the bulk being drilled on the Eastern zone target.

In addition, further soil sampling will be completed peripheral to known regional soil anomalies along ridges and spurs; the Eastern zone was discovered by following up such anomalies.
Shawn Ryan, member of the Stakeholder Gold Advisory Committee, said, “Results to date on the Ballarat Eastern zone are impressive in terms of the intensity of the gold-bearing soil anomaly and its extent.”

The samples were packaged and shipped by GroundTruth to the Bureau Veritas laboratory in Whitehorse where they were crushed, dried, pulverized and screened. The resulting pulps were sent to the Bureau Veritas laboratory in Vancouver, B.C. where they were analyzed by multi-element ICP-MS technique following aqua regia digestion. The pulps of the rock samples were treated by fire assay fusion and analyzed by atomic absorption spectroscopy.

John Nebocat, P.Eng is a Qualified Person under NI 43-101 and has reviewed and approved the technical portions of this news release.

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 Territory.

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

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 of this release.

Forward-Looking Statements: This news release contains forward-looking statements that include risks and uncertainties. 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 statements. The forward-looking statements are based on current expectations and apply 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 statements include changes in the prevailing price of gold, the prevailing price of natural gas, the Canadian-United States exchange rate, amount of gas produced that could affect revenues and production costs. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Company’s annual financial statements and MD&A.

Stakeholder Announces Financing and Board Update

Toronto, Ontario–(Newsfile Corp. – October 5, 2016) – Stakeholder Gold Corp.(TSXV: SRC) (“Stakeholder” or the “Company”) is pleased to announce that it is closing on a final $602,558 of financing. Closing on this second tranche financing results in issuance of 1,205,115 units with each unit comprised of one share, priced at $0.50, and one half of one common share purchase warrant. Warrants are priced at $0.75 and expire October 5th, 2018.

In connection with the financing, Stakeholder will pay to Bonaventure Exploration Ltd. $39,706 CAD and 79,412 commission warrants and to Finley Holdings Ltd. $6,000 CAD, 12,000 commission warrants and 3,000 commission units on the same terms as the units issued under the financing. The commission warrants are priced at $0.50 and expire October 5th,, 2018. The hold period for shares issued in the financing will be 4 months and funds will be used for exploration of the Company’s Ballarat gold project and for general working capital purposes.

Stakeholder is also pleased to welcome Stephen Walmsley to the Board of Directors. Stephen is a graduate of Queen’s University (HBA 1977) and of an advanced strategic leadership program held at Harvard University (1993).  His career was in Canadian and international banking and securities, followed by several years working with leading Wall Street and Bay Street firms, focused on advising and coaching their leadership. He has worked extensively as an expert consultant and as a business advisor, supporting the success of founders and growth oriented executive teams.

Stakeholder has issued 500,000 stock options to Officers, Directors and Consultants to the Company. These stock options have a $0.61 (61 cent) strike price and a three year term expiring October 5th, 2019.

top uk online casinos welcome bonus codes and promotions www.ukcasinowelcomebonus.co.uk uk online casino welcome bonus at first deposit

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 Territory.

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

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 of this release.

Forward-Looking Statements: This news release contains forward-looking statements that include risks and uncertainties. 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 statements. The forward-looking statements are based on current expectations and apply 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 statements include changes in the prevailing price of gold, the prevailing price of natural gas, the Canadian-United States exchange rate, amount of gas produced that could affect revenues and production costs. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Company’s annual financial statements and MD&A.

Stakeholder Announces close on $1.2M Financing

Stakeholder Gold Corp. (“Stakeholder” or the “Company”) (TSX-V: SRC) is pleased to announce that it is closing on $1,220,695 of a prospective total $3,000,000 financing. Closing on this tranche will result in issuance of 2,441,390 units with each unit comprised of one share, priced at $0.50 per share, and one half of one common share purchase warrant. Warrants are priced at $0.75 and expire September 2nd, 2018.

In connection with the financing, Stakeholder will pay to Bonaventure Exploration Ltd. $100,070 CAD and 200,140 commission warrants. These warrants are priced at $0.50 and expire September 2nd, 2018.

Funds will be used to progress Phase II of the planned 2016 exploration program on the Ballarat gold project in the White Gold District of the Yukon Territory. In particular, soil sampling will be extended northeasterly and southwesterly of the existing soil grid over the newly identified Eastern Zone (see press release dated August 3rd, 2016). An IP/resistivity survey will be performed over the target area along with trenching and infill sampling on selected lines. A rotary air blast (RAB) drilling program, both at the Eastern and Northwest Zones, will follow end-September.

The Phase II exploration program will begin on Monday the 5th of September, and is being planned and executed by GroundTruth Exploration Inc. A more comprehensive press release outlining Phase II exploration initiatives on the newly identified Eastern Zone will be provided in due course.

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 Territory.

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. This press release was reviewed and approved by Mr. Nebocat, (P.Eng), a qualified person as defined by NI 43-101.

For more Stakeholder Gold Corp. information, please contact

Christopher J. Berlet, CFA
President & CEO
416 525-6869
cberlet@stakeholdergold.com
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 of this release.

Forward-Looking Statements: This news release contains forward-looking statements that include risks and uncertainties. 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 statements. The forward-looking statements are based on current expectations and apply 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 statements include changes in the prevailing price of gold, the prevailing price of natural gas, the Canadian-United States exchange rate, amount of gas produced that could affect revenues and production costs. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Company’s annual financial statements and MD&A.

Stakeholder Completes Phase I Exploration on Ballarat Project, Yukon

Stakeholder Gold Corp. (“Stakeholder” or the “Company”) (TSX-V: SRC) is pleased to announce that the Phase I exploration program on the Company’s Ballarat property, located in the Dawson Range, Yukon, has been completed. The Program was planned, executed and managed by GroundTruth Exploration Inc.

Induced polarization/resistivity and GT probe surveys were conducted on the Northwest Zone over a strike length of 1,800 metres. In-fill soil samples were collected where the terrain was not accessible with the GT probe.
The Eastern Zone, located about 7 km from the Northwest Zone, has been gridded and soil sampled; approximately 500 samples have been collected from that location. A follow-up program of geophysics and GT probe testing is planned once the results of the soil sampling have been received and reviewed, likely to be sometime after mid-July.
The Ballarat Project was recently visited by Company management. It has been determined that the previous drilling (5 holes) did not adequately test the Northwest Zone. Evidence from the trenches (2010) and the preliminary geophysical survey and GT probe analyses (XRF) indicate that the target zone(s) lie north and northwest of the holes drilled in 2012.
When results from the Phase I program have been compiled and reviewed, a rotary air blast (RAB) drilling program is planned to commence in early August.
The target at Ballarat, like many of the gold deposits in the Yukon Range, is a structurally-controlled (orogenic) type, hosted by moderate to high grade metamorphic rocks that have undergone subsequent large scale faulting and localized intrusion with accompanying hydrothermal alteration and mineralization.

On May 12, 2016, Kaminak Gold Corporation announced that Goldcorp Inc. had agreed to acquire the Coffee Gold Project by purchasing all of the outstanding Kaminak shares, a transaction value of CDN $520 million (Kaminak press release, May 12, 2016.)

The Coffee Deposit is located about 17 km southwest of the Northwest Zone on Ballarat.

John Nebocat, P.Eng is a Qualified Person under NI 43-101, and has reviewed and approved the technical portions of this news release.

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 Territory.

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. This press release was reviewed and approved by Mr. Nebocat, (P.Eng), a qualified person as defined by NI 43-101.

For more Stakeholder Gold Corp. information, please contact

Christopher J. Berlet, CFA
President & CEO
416 525-6869
cberlet@stakeholdergold.com

Stakeholder Commences Ballarat Project Exploration Program, Yukon

Stakeholder Gold Corp. (“Stakeholder” or the “Company”) (TSX-V: SRC) announces the start of exploration on its wholly-owned Ballarat Gold Project located in the White Gold District of the Yukon Territory.

GroundTruth Exploration Inc. will conduct the exploration program starting at the Northwest zone and will then move 7.5 km east to the Eastern zone. Planned work for the Phase 1 program includes:

-a drone-generated high resolution topographic survey of the entire property (~40 sq. km.)

-detailed geological mapping of Northwest and Eastern zones

-21 DC IP-resistivity profiles at the Northwest zone totaling just over 8.2 line-km

-5 DC IP-resistivity profiles at the Eastern zone totaling just over 2.1 line-km

-a minimum of 8 GT Probe lines totaling over 3.15 line-km to test the bedrock interface at 5 m intervals at the Northwest zone

-conventional soil sampling at the Eastern zone over a grid measuring 1.3 km by 1.7 km.

The Phase I program should take about 4 weeks to complete.

Pending success, the Company is planning a Phase II program for 2016 that will include RAB (rotary air blast) drilling of targets defined in Phase I.

The target at Ballarat, like many of the gold deposits in the Yukon Range, is a structurally-controlled (orogenic) type, hosted by moderate to high grade metamorphic rocks that have undergone subsequent large scale faulting and localized intrusion with accompanying hydrothermal alteration and mineralization.

On May 12, 2016, Kaminak Gold Corporation announced that Goldcorp Inc. had agreed to acquire the Coffee Gold Project by purchasing all of the outstanding Kaminak shares, a transaction value of CDN $520 million (Kaminak press release, May 12, 2016.)

The Coffee Deposit is located about 17 km southwest of the Northwest zone on Ballarat.

John Nebocat, P.Eng is a Qualified Person under NI 43-101, and has reviewed and approved the technical portions of this news release.

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 Territory.

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. This press release was reviewed and approved by Mr. Nebocat, (P.Eng), a qualified person as defined by NI 43-101.

For more Stakeholder Gold Corp. information, please contact

Christopher J. Berlet, CFA
President & CEO
416 525-6869
cberlet@stakeholdergold.com

Stakeholder Plans Ballarat Project Exploration Program, Dawson Range, Yukon, 2016

As previously announced on March 30, 2016, Stakeholder Gold Corp. (“Stakeholder” or the “Company”) (TSX-V: SRC) will be exploring the Ballarat gold project located in the White Gold District of the Yukon Territory.

GroundTruth Exploration Inc. will conduct an exploration program on the Ballarat property’s Northwest and Eastern zones. The Eastern zone gold-in-soils anomaly is located approximately 500 m from the proposed access road that will service Kaminak’s Coffee Mine; the road is expected to cross the eastern portion of the Ballarat property.

Work planned in the first phase program will include a drone-generated, high resolution topographic survey of the entire property.

The Northwest zone, which has seen detailed conventional soil sampling and limited trenching and diamond drilling, will be further tested along two projected mineralized trends: NE-SW and E-W. Only a portion of the 2 km long soil geochem anomaly has been tested by trenching and drilling. The plan is to perform an induced polarization/DC resistivity survey over this anomalous trend that has not seen advanced surface or sub-surface exploration. The geophysical survey will aid in planning an immediate follow-up Geoprobe (soil at bedrock level) program, spaced at 5 m intervals along the survey lines.

The east-west trending anomaly measures about 1 km long and is located just south of the NE-SW anomaly. This zone will be explored by the same method described above. At least 500 samples will be collected by the Geoprobe survey along both trends.

A program of geophysics and conventional soil sampling is planned for the Eastern zone, located about 7.5 km due east from the center of the Northwest zone. A series of moderate to highly anomalous gold-in-soil anomalies were obtained along a ridge spur during a regional sampling program conducted in 2011. A control grid will be located, about 400 soil samples will be collected, and 5 geophysical profile lines will be surveyed.

The work program will begin at the earliest possible time in the Yukon summer exploration season, now anticipated to begin on or around the first week of June.

The target at Ballarat, like many of the gold deposits in the Yukon Range, is a structurally-controlled (orogenic) type, hosted by moderate to high grade metamorphic rocks that have undergone subsequent large scale faulting and localized intrusion with accompanying hydrothermal alteration and mineralization.

Figure 1.

“The proposed exploration program, as outlined here, can provide meaningful results quickly and cost effectively. This will allow Stakeholder to quickly establish the merits of the anomalous gold zones already evidenced on the Ballarat property and to make decisions as to the next steps in prospective discovery of economic mineral deposits on the Ballarat property,” said John Nebocat, P.Eng, VP Exploration for Stakeholder Gold Corp.

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

This release was reviewed and approved by Mr. Nebocat, (P.Eng), a qualified person as defined by NI 43-101.

For more Stakeholder Gold Corp. information, please contact

Christopher J. Berlet, CFA
President & CEO
416 525-6869
cberlet@stakeholdergold.com

Stakeholder Gold Corp. Announces John Nebocat, P.Eng as VP Exploration

TORONTO, ONTARIO – (March 30th, 2016) – Stakeholder Gold Corp. (“Stakeholder” or the “Company”) (TSX-V: SRC) is pleased to announce the appointment of John Nebocat, P.Eng as Vice President of Exploration.
“John brings almost 40 years of exploration experience to the Company, much of which was earned in the Yukon Territory (with Newmont Exploration). Yukon is Stakeholder’s exploration focus area and we are pleased to be able to have John overseeing the Company’s exploration programs. I expect John’s involvement to improve our chances of meaningful and cost effective mineral discovery,” said Chris Berlet, President & CEO of Stakeholder Gold Corp.
In 2016, Stakeholder will be exploring the Ballarat gold project located in the White Gold District of the Yukon Territory. GroundTruth Exploration Inc. will conduct a GT Probe soil exploration program on the Ballarat property’s Northwestern, as well as its Eastern, gold-in-soils anomalies. The Eastern gold-in-soils anomaly is located approximately 500 m from the route proposed for the Kaminak northern route road, where it is expected to cross the eastern section of the Ballarat property.
The work program will begin at the earliest possible time in the 2016 Yukon summer exploration season.
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 Territory. 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 Options Grant

TORONTO, ONTARIO – (March 29th, 2016) – Stakeholder Gold Corp. (“Stakeholder” or the “Company”) (TSX-V: SRC) has issued 1 million (1,000,000) options to buy shares of the Company. These options have a strike price of $0.25 (25 cents) and a 3-year initial term (expiring March 28th, 2019). Of the 1,000,000 options issued, 300,000 were issued to Officers and Directors of the Company and 700,000 to Consultants.
betfred casino bonuses and promotions betfred casino bonuses from oddstake.com betfred casino no deposit bonus at first deposit
The issuance of options is subject to TSX-V and Regulatory approvals.
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 Territory. 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
For more Stakeholder Gold Corp. information, please contact 
Christopher J. Berlet, CFA
President & CEO
416 525-6869
cberlet@stakeholdergold.com
  • 1
  • 2