SRC Begins Sales from Third Quarry in Brazil
Stakeholder Gold Corp. (TSXV: SRC) (OTC Pink: SKHRF) has commenced sales from its third quarry in Minas Gerais, Brazil, focusing on white quartzite blocks for cutting and polishing into slabs. The quarry received its commercialization license from ANM on December 16th, 2024, though initial production was delayed by heavy rains until January 2025.
The company expects to produce approximately 40 cubic meters of material for block sales and an additional 20 cubic meters for processing into roughly 8,000 square feet of slabs this month. Sales are scheduled to begin the week of February 17th, with several buyers already expressing interest. The company also reports strong sales from quarry #1 during the first 6 weeks of 2025, with expectations of continued growth through H1 2025.
The expanding cashflow from the Brazilian exotic stone business will support the company's gold and copper exploration initiatives in Yukon Territory's White Gold District with minimal shareholder dilution.
Stakeholder Gold Corp. (TSXV: SRC) (OTC Pink: SKHRF) ha avviato le vendite dal suo terzo giacimento in Minas Gerais, Brasile, concentrandosi su blocchi di quarzite bianca da tagliare e lucidare in lastre. La cava ha ricevuto la licenza di commercializzazione dall'ANM il 16 dicembre 2024, anche se la produzione iniziale è stata ritardata da forti piogge fino a gennaio 2025.
L'azienda prevede di produrre circa 40 metri cubi di materiale per la vendita di blocchi e ulteriori 20 metri cubi per la lavorazione in circa 8.000 piedi quadrati di lastre questo mese. Le vendite sono programmate per iniziare nella settimana del 17 febbraio, con diversi acquirenti già interessati. L'azienda riporta anche forti vendite dalla cava n. 1 durante le prime 6 settimane del 2025, con aspettative di crescita continua fino alla prima metà del 2025.
Il flusso di cassa in espansione dall'attività di pietre esotiche in Brasile supporterà le iniziative di esplorazione di oro e rame dell'azienda nel distretto di White Gold nel territorio dello Yukon, con una minima diluizione per gli azionisti.
Stakeholder Gold Corp. (TSXV: SRC) (OTC Pink: SKHRF) ha comenzado las ventas de su tercera cantera en Minas Gerais, Brasil, centrándose en bloques de cuarzo blanco para cortar y pulir en losas. La cantera recibió su licencia de comercialización de ANM el 16 de diciembre de 2024, aunque la producción inicial se retrasó debido a fuertes lluvias hasta enero de 2025.
La empresa espera producir aproximadamente 40 metros cúbicos de material para la venta de bloques y 20 metros cúbicos adicionales para procesar en aproximadamente 8,000 pies cuadrados de losas este mes. Las ventas están programadas para comenzar la semana del 17 de febrero, con varios compradores ya expresando interés. La empresa también informa de fuertes ventas de la cantera n. 1 durante las primeras 6 semanas de 2025, con expectativas de crecimiento continuo hasta la primera mitad de 2025.
El flujo de efectivo en expansión del negocio de piedras exóticas en Brasil apoyará las iniciativas de exploración de oro y cobre de la empresa en el distrito de White Gold en el territorio del Yukón, con una mínima dilución para los accionistas.
Stakeholder Gold Corp. (TSXV: SRC) (OTC Pink: SKHRF)는 브라질 미나스 제라이스의 세 번째 채석장에서 판매를 시작했으며, 백색 석영암 블록을 절단 및 연마하여 슬래브로 가공하는 데 중점을 두고 있습니다. 이 채석장은 2024년 12월 16일 ANM으로부터 상업화 라이센스를 받았으나, 초기 생산은 폭우로 인해 2025년 1월까지 지연되었습니다.
회사는 이번 달 블록 판매를 위한 약 40세제곱미터의 자재를 생산하고, 추가로 약 8,000평방피트의 슬래브로 가공하기 위한 20세제곱미터를 생산할 것으로 예상하고 있습니다. 판매는 2월 17일 주에 시작될 예정이며, 여러 구매자들이 이미 관심을 보이고 있습니다. 회사는 또한 2025년 첫 6주 동안 1번 채석장에서 강력한 판매를 보고하며, 2025년 상반기 내내 지속적인 성장을 기대하고 있습니다.
브라질의 이국적인 석재 사업에서 발생하는 현금 흐름 증가는 회사의 유콘 준주 화이트 골드 지구에서의 금 및 구리 탐사 이니셔티브를 지원하며, 주주 희석을 최소화할 것입니다.
Stakeholder Gold Corp. (TSXV: SRC) (OTC Pink: SKHRF) a commencé les ventes de sa troisième carrière à Minas Gerais, au Brésil, en se concentrant sur des blocs de quartzite blanche à couper et à polir en dalles. La carrière a reçu sa licence de commercialisation de l'ANM le 16 décembre 2024, bien que la production initiale ait été retardée par de fortes pluies jusqu'en janvier 2025.
L'entreprise s'attend à produire environ 40 mètres cubes de matériau pour la vente de blocs et 20 mètres cubes supplémentaires pour le traitement en environ 8 000 pieds carrés de dalles ce mois-ci. Les ventes devraient commencer la semaine du 17 février, plusieurs acheteurs ayant déjà exprimé leur intérêt. L'entreprise rapporte également de fortes ventes de la carrière n° 1 au cours des 6 premières semaines de 2025, avec des attentes de croissance continue jusqu'au premier semestre 2025.
Le flux de trésorerie en expansion provenant de l'activité de pierres exotiques au Brésil soutiendra les initiatives d'exploration d'or et de cuivre de l'entreprise dans le district de White Gold au Yukon, avec une dilution minimale pour les actionnaires.
Stakeholder Gold Corp. (TSXV: SRC) (OTC Pink: SKHRF) hat mit dem Verkauf aus seinem dritten Steinbruch in Minas Gerais, Brasilien, begonnen, wobei der Fokus auf weißen Quarzblocken liegt, die zu Platten geschnitten und poliert werden. Der Steinbruch erhielt am 16. Dezember 2024 seine Vermarktungslizenz von der ANM, obwohl die anfängliche Produktion aufgrund starker Regenfälle bis Januar 2025 verzögert wurde.
Das Unternehmen erwartet, in diesem Monat etwa 40 Kubikmeter Material für Blockverkäufe und zusätzlich 20 Kubikmeter zur Verarbeitung in etwa 8.000 Quadratfuß Platten zu produzieren. Der Verkaufsbeginn ist für die Woche vom 17. Februar geplant, wobei bereits mehrere Käufer Interesse gezeigt haben. Das Unternehmen berichtet auch von starken Verkäufen aus Steinbruch Nr. 1 in den ersten 6 Wochen des Jahres 2025, mit der Erwartung, dass das Wachstum bis zur ersten Jahreshälfte 2025 anhält.
Der wachsende Cashflow aus dem brasilianischen Geschäft mit exotischen Steinen wird die Gold- und Kupferexplorationsinitiativen des Unternehmens im White Gold District im Yukon-Territorium unterstützen, ohne die Verwässerung der Aktionäre erheblich zu erhöhen.
- New revenue stream from third quarry operation
- Strong market demand for white quartzite product
- Projected production of 60 cubic meters of material in first month
- Strong sales performance from existing quarry #1 in early 2025
- Business model enables exploration funding with minimal dilution
- Production startup delayed due to weather conditions
- Initial production to material from found boulder
Toronto, Ontario--(Newsfile Corp. - February 13, 2025) - Stakeholder Gold Corp. (TSXV: SRC) (OTC Pink: SKHRF) ("Stakeholder" or the "Company") is pleased to announce first sales from the Company's third quarry in Minas Gerais, Brazil. The quarry produces white quartzite blocks for cutting and polishing into slabs. The Company plans to sell both freshly cut blocks and finished slabs to overseas clients.
"This new quarry is producing a highly desirable white quartzite. Production ramp up is underway. The quarry material has very attractive aesthetics and many clients have expressed interest in securing purchase rights for this product in a market that is undersupplied with quality whites." said Marcus Chase, President of Mineração VMC Ltda., Stakeholder's fully owned Brazilian subsidiary.
The project received a license to commercialize the quarry from the Agencia Nacional de Mineração (ANM) on December 16th, 2024. Production startup was delayed by heavy rains from just before Christmas through to January 12th of this year. Since then, roadwork to access the quarry has been completed and water management facilities have been constructed onsite. The quarry's first block was cut from a boulder found at the foot of the planned workface (pictured).
Figure 1. First block produced from VMC quarry #3
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3082/240613_7eb111e1e4df7ab6_001full.jpg
Sales will begin next week. Several buyers have been to the quarry and have scheduled follow up meetings for the finalization of sales beginning on the week of Feb 17th.
"We are working to produce at least 40 cubic meters of material for sale as blocks this month. In addition to this, we are expecting to produce 20 cubic meters of material that will be cut and polished to produce approximately 8,000 square feet of slabs." said VMC's CEO Marcus Chase.
Figure 2. White Quartzite Material
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3082/240613_7eb111e1e4df7ab6_002full.jpg
The Company is also pleased to report strong sales from quarry #1 during the first 6 weeks of 2025. The Company's main product buyers have reported depleting inventory, and growth in sales of material from the Company's first quarry is now expected to continue through H1.2025.
"Expanding cashflow from our exotic stone business in Brazil will allow us to pursue the company's high quality gold and copper exploration initiatives in the Heart of the White Gold District of the Yukon Territory, with minimal shareholder dilution. This business combination allows us to pursue maximum prospective share price rerating with the successful advancement of exploration initiatives." said Christopher Berlet, CEO and Director of Stakeholder Gold Corp.
Christopher Berlet BSc (Mining), CFA, CEO & Director of Stakeholder Gold Corp. is responsible for the content of this press release.
For further information please contact:
Stakeholder Gold Corporation
416 525 - 6869
cberlet@stakeholdergold.com
Forward Looking Information
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.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240613
FAQ
What is the expected production volume for SKHRF's new quarry in February 2025?
When did SKHRF receive the commercialization license for its third quarry?
What caused the delay in SKHRF's third quarry production startup?
How will SKHRF use the cashflow from its Brazilian quarry operations?
What is the current sales outlook for SKHRF's quarry #1 in 2025?
