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.

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.

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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.

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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.

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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.

Phase I Program at Ballarat Completed – Eastern Zone Anomaly Greatly Enhanced

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.

The program included infilling soil grids at the Northwest zone and testing the extent of gold-anomalous regional soil samples collected at the Eastern zone in 2011; a total of 159 and 374 soil samples were collected at the Northwest and Eastern zones, respectively. Fifteen lines of DC IP/resistivity were surveyed at the Northwest zone and six lines of GT Probe sub-soil rock sampling (425 samples) were completed. A drone survey was flown over the entire property to provide detailed topographic base and DEM imagery.

The Eastern zone target area has been significantly enlarged. What originated as just 6 contiguous, gold anomalous ridge & spur soil samples has been expanded to an area at least 600 m northeast-southwest by at least 300 m northwest-southeast; the gold anomaly remains open to the northeast (see attached figure).

Two float rock samples of quartz feldspar biotite gneiss collected from the Eastern zone, strongly altered with quartz, sericite and ankerite, yielded values of 0.759 g/t and 0.587 g/t gold. A grab sample of similarly altered gneiss, taken from a trench (now reclaimed) at the Northwest zone, ran 1.492 g/t Au.

At the Northwest zone, infill soil sampling between existing soil grid lines has confirmed the continuity of gold-in-soil anomalies along a northeast-southwest trend. An east-west trend that intersects the aforementioned trend has also been delineated. Trenching in 2010 tested only the southwestern and western ends of the two anomalous trends.

Six GT Probe survey lines tested the Northwest zone, four of which were located either side of the 2010 trenches over an apparent strike length of 400 metres. Highly anomalous gold-in-soil anomalies are found within this area. These anomalies have not been adequately tested by trenching. The GT probe returned anomalous rock samples east and northeast of the trenches, supporting the interpreted trends in these directions. Due to steep terrain, the GT Probe was not able to test all of the lines which had initially been proposed northeast of the trenches.

An immediate program of geophysical and GT Probe surveying is planned for the newly expanded Eastern zone anomaly. This will be followed by rotary air blast (“RAB”) drilling at both the Northwest and Eastern zones.

Mr. John Nebocat, V.P. Exploration, states, “The early results at the Eastern zone anomaly are extremely encouraging. The dispersion of the gold-in-soil anomalies suggests that a possible widespread mineralized body may exist here. Also, the currently proposed Coffee access road lies within 500 metres of this area; this could add significant upside potential and provide meaningful logistical advantages should an economic deposit be discovered here.”

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. 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