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Stakeholder Gold Corp (3)
Symbol SRC
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Stakeholder Gold to begin Ballarat drill program in May

2026-04-21 19:58 ET - News Release

An anonymous director reports

STAKEHOLDER DISCUSSES BALLARAT PHASE 1 EXPLORATION PROGRAM

Stakeholder Gold Corp. has released the details of the upcoming 2,000-metre (m) exploration drilling program at the company's 100-per-cent-owned Ballarat gold-copper project. Drilling is expected to begin on or around May 1, 2026.

Ballarat is located in the geographical centre of the White Gold district of Yukon, Canada. The project is situated due north of Fuerte Metals Corp.'s Coffee gold project, northwest of Western Copper Gold Corp.'s Casino project, and west, south and southeast of White Gold Corp.'s extensive regional exploration initiatives.

The Ballarat project straddles 20 kilometres (km) of the planned northern access route (Coffee northern access route), where it heads north from the Yukon River. The project is located within an underexplored portion of the White Gold district and is currently host to four developed gold and copper exploration prospects, which have been selected for testing via a series of shallow diamond drill holes targeting near surface oxide mineralization.

Skye gold zone

The Skye gold zone is a structurally hosted gold target(s) located in the north-centre section of the Ballarat project claims and consists of two subparallel, 1.9 km (north limb) and 1.3 km (south limb) gold-in-soil trends hosted within felsic gneissic rocks. These trends evidence minor tellurium, silver, molybdenum, lead and zinc indicator mineral anomalies, which are associated with east-northeast-oriented structures.

Two thousand twenty-six drilling will test both the north and south limbs of this prospect. The Skye gold zone north limb and south limb are considered greenfield targets and have not been drill tested in the past.

Loki copper zone

The Loki copper zone consists of a 2.3 km by 600 m anomalous copper-in-soil signature associated with a west-northwest-trending Jurassic-aged intrusive unit. This intrusive unit is assigned to the Minto suite of rocks. This structural setting and the Minto suite affiliation indicate potential for mineralization similar to Selkirk Copper's Minto mine, which is located approximately 92 km to the southeast.

The Loki copper zone is situated east of Ballarat Creek within the southeastern sector of the company's claimholdings. It is located adjacent to the northern access route where it is planned to traverse the southern section of company claims.

Two thousand twenty-six drilling will target the high-grade core of the copper-in-soil anomaly, which contains multiple samples in the 99.9th percentile range for copper soils in the region (based on the Yukon Geological Survey's assessment report geochemistry compilation). The Loki copper zone is considered a greenfield target and has not been drill tested in the past.

East zone

The east zone is a structurally hosted gold target consisting of a 700 by 600 m gold-in-soil anomaly (with minor tellurium, silver and zinc) hosted within a felsic gneissic unit, located along strike from, and to the northeast of, the Skye gold zone. A limited RAB drilling program was completed on the southern portion of the east zone in 2016.

The 2016 drill program did encounter low-grade gold mineralization (up to 0.856 gram per tonne (g/t) gold (Au) over 3.04 m), but it is not considered to have targeted the core of the structural features that may host gold mineralization. The 2026 program will revisit this target and test the northern portion of these structural features.

Northwest zone

The northwest zone is a structurally hosted gold target which consists of two parallel gold-in-soil anomalies (2.3 and 1.8 km in length, respectively) hosted within metasedimentary and metavolcanic rocks. The northwest zone is located directly south of White Gold's Black Fox project. A limited five-hole diamond drilling program was completed in 2012 with results up to 0.945 g/t Au over three m, which only tested the periphery of the geochemical anomaly. Two thousand twenty-six drilling will target the untested core of the soil anomaly.

Additional exploration activity planned for 2026 includes a grid soil sampling program across the southwestern portion of the project, as well as geological mapping and prospecting along the path for the northern access route, where road cuts are expected to expose multiple kilometers of bedrock with concurrent soil exposures.

The northern access route is expected to crosscut the eastern strike extension of the Skye gold zone and the western strike extension of the Loki copper zone. Of the 20 km length of the northern access route that lies within the company's Ballarat property, 15.5 km is new construction and will provide road access to within 800 m of the east zone and 200 m of the Loki copper zone, respectively, when construction is completed.

Adam Fage, MSc, PGeo, is an independent geological consultant and the qualified person for the company, as defined by National Instrument 43-101, and has reviewed and approved the contents of this news release.

About Stakeholder Gold Corp.

Stakeholder holds 100-per-cent ownership of 930 contiguous mineral claims covering 18,520 hectares and spanning 20 km of the Coffee mine project's northern access route, which is being developed through the geographical centre of the White Gold district of Yukon, Canada. Stakeholder also maintains in good standing 10 claims located inside the adjacent Coffee mine project, which is being developed by Fuerte Metals Corp. These combined claim holdings are referred to collectively as the Ballarat gold-copper project.

Within the company's contiguous claimholdings, Stakeholder is advancing exploration initiatives on the Skye gold zone and the Loki copper zone exploration targets, which are separated by approximately eight km, and which hold prospectivity for new gold and copper discoveries, respectively, on either side of the northern access route, in the heart of the White Gold district.

Stakeholder also generates cash flow from the production and sale of exotic stones through its 100-per-cent-owned Brazilian subsidiary, Mineracao VMC Ltda. (VMC). VMC is currently producing from four independent stone quarries and is seeking opportunities to expand the sale and export of exotic stone building materials from Brazil.

Christopher J. Berlet, BASc (mining), CFA, chief executive officer and director of Stakeholder, is responsible for the content of this news release.

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