STAKEHOLDER GOLD CORP - SKHRF STOCK NEWS

Stakeholder Gold Corp. (TSXV: SRC) has announced the start of its 2024 exploration program on the 100% owned Ballarat Gold Project in Yukon, Canada. The program aims to further investigate gold and copper anomalies identified in previous years. Key highlights include:

1. Two gold in soil trends of 1.9 km and 1.3 km in the Skye Zone
2. Multiple spot gold anomalies west and east of Ballarat Creek
3. A 500 m wide zone of anomalous copper samples in the Loki Zone

The 2024 program will include grid soil sampling, VLF surveys, geological mapping, prospecting, and a drone magnetic survey. The work will focus on the Skye and Loki Zones, both located near the proposed Northern Gateway Road, potentially offering logistical advantages for future development.

Stakeholder Gold Corp (TSXV: SRC) has received a license for its second white quartzite quarry in Minas Gerais, Brazil, with infrastructure development underway. The company awaits an environmental license from SUPRAM to begin full operations. A sample block is being produced for marketing. The demand for white quartzite is strong, promising steady margins and profits. Licensing for a third quarry is nearing completion, and the company plans to open four new quarries in 2024. Stakeholder also aims to enter the Canadian market, leveraging its existing personnel and equipment. The company anticipates premium prices for new quarry materials. Stakeholder's strategy includes expanding quarry operations and potential gold and copper discoveries in Yukon, Canada.

Stakeholder Gold (TSXV: SRC) has successfully closed a non-brokered private placement, raising $1,700,000 CAD. This was achieved by issuing 1,700,000 Units at $1.00 per Unit, each containing one common share and one half of a common share purchase warrant. Whole warrants are exercisable at $1.50 for two years, with an early exercise trigger if the share price exceeds $3.00. Proceeds will fund the Ballarat Exploration Project in Yukon and the quartzite business in Brazil. An officer subscribed for 55,000 Units, a related party transaction under MI 61-101, which didn't require formal valuation or minority approval. All issued securities have a four-month hold period, and final approval by the TSX Venture Exchange is pending.

Stakeholder Gold Corp. (TSXV: SRC) announces that its White Quartzite Quarry has cleared another milestone, with final approval expected imminently. The company anticipates strong demand for the material, estimating sales of 150 cubic meters per month at prices between $1,700 and $1,900 USD/m3. Additionally, the company is developing a new export market in Canada for Blue Quartzite slabs. Stakeholder aims to restrict treasury share issuance and focus on high value-add exploration targets in the Yukon Territory, Canada.

Stakeholder Gold Corp. (TSXV: SRC) has closed a non-brokered private placement financing, raising $1,400,000 CAD through the issuance of 1,400,000 Units at $1.00 per Unit. The funds will be used for exploration on the Ballarat Exploration Project in the Yukon Territory, Canada, and for developing the exotic stone quartzite business in Minas Gerais, Brazil. An insider has invested $45,000 CAD in this Private Placement. The closing is subject to final approval by the TSX Venture Exchange.

Stakeholder Gold Corp. (TSXV: SRC) closes non-brokered private placement financing, raising $1,352,000 CAD through the issuance of 1,352,000 Units at $1.00 per Unit. The proceeds will be used for exploration in the Yukon Territory, Canada, and developing the exotic stone quartzite business in Minas Gerais, Brazil.

Stakeholder Gold Corp. (TSXV: SRC) Announces Expansion of Operations in Brazil with New Quarries and Plans for Future Expansion. The company has been operating a single, profitable, blue quartzite quarry since 2021 and is now progressing towards the start-up and commissioning of two additional quarries in Minas Gerais State, Brazil. The new quarries are expected to bring highly appealing esthetic and physical qualities and are strategically located to benefit from operating synergies, resulting in lower unit costs and near zero downtime. VMC plans to initiate work on two more quarries in 2024, with unique and commercially successful materials. The company also plans to expand operations to the White Gold District in the Yukon Territory, Canada, while maintaining a robust and increasing cash flow.

Stakeholder Gold Corp. announces results of soil grid and sampling program on Ballarat Project

Stakeholder Gold Corp. has completed preliminary steps for the startup and commissioning of a second operating quarry in Brazil. The company has been operating a profitable blue quartzite quarry since January 2021 and plans to start two new quarries in the second half of 2023. Quarry 2 has already commenced work and is expected to produce a new highly marketable material. The mining license for Quarry 2 allows the commercialization of up to 6,000m3 of quartzite per year.