Stakeholder Receives Class 1 Exploration Approval for Ballarat
Stakeholder Gold Corp. ("Stakeholder" or the "Company") (TSX-V: SRC, OTCQB: SKHRF, WKN: A2QEP1) is pleased to announce approval for its Class 1 Exploration Notification from the Yukon Government, Dawson Mining District. This authorization allows the Company to proceed with exploration and drilling on the Ballarat Gold-Copper Project located in the White Gold District of the Yukon Territory, Canada.
Approval for the Class 1 Exploration Notification was issued by the Yukon Mining Land Use branch and allows the Company to conduct exploration activities subject to standard operating conditions and environmental best-practice.
The approved Class 1 Notification enables Stakeholder to advance its planned exploration initiatives, including drill testing of priority targets on the Skye Gold Zone and the Loki Copper Zone, which are separated by some 8 km and which are situated on either side of the proposed route for the Northern Gateway Road. These structures represent the Company’s highest-priority exploration targets within the Ballarat Project area and will be drill tested early in the 2026 exploration season.
The Ballarat Gold-Copper Project is located in the Heart of the White Gold District and benefits from excellent infrastructure access, including proximity to the proposed route for the Northern Gateway Road. Stakeholder continues to engage with regulatory authorities and local First Nations while conducting exploration in accordance with all applicable environmental, wildlife, and land-use requirements.
About Stakeholder Gold Corporation
Stakeholder holds 100% ownership of 930 contiguous mineral claims covering 19,440 hectares and spanning 17 km of the proposed route for the Northern Gateway Road which is being developed through the geographical center of the White Gold District of the Yukon Territory, Canada. Stakeholder also maintains in good standing 10 claims located inside the adjacent Coffee Mine Project which is being developed by Fuerte Metals Corp. (TSX-V: FMT). These combined claim holdings are referred to collectively as the Ballarat Gold-Copper Project ("Ballarat").
Within the Company’s contiguous claim holdings Stakeholder is advancing exploration initiatives on the Skye Gold Zone and the Loki Copper Zone exploration targets which are separated by some 8 km, and which hold prospectivity for new gold and copper discoveries respectively, on either side of the proposed route for the Northern Gateway Road, in the Heart of the White Gold District.
Stakeholder also generates cash flow from the production and sale of exotic stones through its 100% owned Brazilian subsidiary Mineração VMC Ltda. ("VMC"). VMC is currently producing from 4 independent stone quarries and is seeking opportunities to expand the sale and export of exotic stone building materials from Brazil.
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.
The forward-looking information is based on current expectations and applies only as of the date on which they were made. Factors that could cause actual results to differ materially include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the Agreement. Other risks may be set out in the Corporation’s annual financial statements, MD&A and other publicly filed documents.
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.