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Stakeholder Gold Corp (3)
Symbol SRC
Shares Issued 24,903,912
Close 2026-07-07 C$ 1.80
Market Cap C$ 44,827,042
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Stakeholder files Class 3 MLUP application for Ballarat

2026-07-07 22:28 ET - News Release

Mr. Christopher Berlet reports

STAKEHOLDER LAUNCHES NEXT PHASE OF GROWTH AT BALLARAT: CLASS 3 PERMIT APPLICATION FILED TO UNLOCK EXPANDED DRILLING IN THE HEART OF YUKON'S WHITE GOLD DISTRICT

Stakeholder Gold Corp. has taken a step-change in the scale of its exploration ambitions: the submission of a Class 3 mining land use permit (MLUP) application and the staking of placer prospecting leases at its 100-per-cent-owned Ballarat gold-copper project, located in the rapidly evolving White Gold district of Yukon.

The Class 3 MLUP application is key to unlocking advanced exploration at Ballarat. It is designed to permit a significantly scaled-up diamond drilling campaign, which can be supported by a dedicated on-site exploration camp. The Class 3 application is considered to be a major operational upgrade from the company's remotely based 2,000-metre (m) diamond drill program completed May to June, 2026, for which assay results are pending.

Highlights:

  • Permitting for scale: The Class 3 MLUP application submitted for the Ballarat gold-copper project is designed to support an expanded diamond drilling program and camp-based exploration, leveraging existing and upcoming infrastructure on the property to run larger programs faster and more cost-efficiently.
  • Strategic ground secured: Stakeholder has recently expanded its Ballarat claim position to cover additional highly prospective ground, as well as to cover existing road access to the Yukon River barge landing, located where the southern portion of the Ballarat property meets the Yukon River. New claims also bring a second, larger, historical airstrip -- located adjacent to the Ballarat barge landing -- inside the company's 100-per-cent-owned land package, adding river, road and air logistical support to the project.
  • A new placer dimension: Stakeholder has also staked placer prospecting leases running four kilometres (km) along a key Ballarat drainage basin. The staked drainage is bookended by opportunity: the Skye Zone North and Skye Zone South gold prospects sit at its upstream headwaters, while active placer gold operations define its downstream limit.

Positioning at the centre of a district on the move

The Ballarat gold-copper project occupies what management believes to be one of the most strategic land positions in the rapidly advancing White Gold district. The property lies immediately northeast of, and adjacent to, Talamore Mining's Coffee gold project, which is currently under development as one of Canada's newest gold mines.

The northern access route (NAR), now under construction to service the Coffee gold project, traverses through the centre of the Ballarat property -- placing 20 km of new, mine-grade road infrastructure across Stakeholder's ground and dramatically enhancing future access for exploration and development.

The Class 3 MLUP application is now proceeding through Yukon's regulatory review process, including environmental and socio-economic assessment and consultation with affected first nations and stakeholders.

"These dual applications, which cover both expanded exploration initiatives and placer gold mining, mark the transition from first-pass discovery work to a sustained, camp-supported, exploration push at Ballarat," stated Chris Berlet, chief executive officer and director of Stakeholder.

"Ballarat's central location, spanning just over 20 km of the Coffee mine's northern access route, provides us with meaningful logistical advantages for exploration and development activities at a time when the White Gold district of the Yukon Territory is rapidly evolving into one of Canada's leading extractive jurisdictions."

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 1,140 contiguous mineral claims covering 22,700 hectares and spanning 20 km of the Coffee mine project's northern access route, which is being developed through the geographical center 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 Talamore Mining Corp. These combined claim holdings are referred to collectively as the Ballarat gold-copper project.

Within the company's contiguous claim holdings, Stakeholder is advancing exploration on the Skye gold zone and the Loki copper zone -- two targets separated by approximately eight km, prospective for new gold and copper discoveries, respectively, on either side of the NAR, 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, CEO and director of Stakeholder, is responsible for the content of this news release.

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