Mr. Christopher Berlet reports

STAKEHOLDER COMPLETES PHASE I EXPLORATION ON BALLARAT PROJECT, YUKON

Stakeholder Gold Corp. has completed the phase I exploration program on the company's Ballarat property, located in the Dawson Range in Yukon. 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. Infill soil samples were collected where the terrain was not accessible with the GT probe.

The Eastern zone, located about seven kilometres 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 some time after mid-July.

The Ballarat project was recently visited by company management. It has been determined that the previous drilling (five holes) did not adequately test the Northwest zone. Evidence from the trenches (2010) and the preliminary geophysical survey and GT probe analyses (X-ray fluorescence) 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 Corp. announced that Goldcorp Inc. had agreed to acquire the Coffee gold project by purchasing all of the outstanding Kaminak shares, a transaction value of $520-million (see Kaminak's press release dated May 12, 2016).

The Coffee deposit is located about 17 kilometres southwest of the Northwest zone on Ballarat.

John Nebocat, PEng, is a qualified person under National Instrument 43-101 and has reviewed and approved the technical portions of this news release.

We seek Safe Harbor.