SRC Provides VLF-EM Interpretation for Skye Gold Zone
Stakeholder Gold Corp. (TSXV: SRC) has announced results from the VLF-EM geophysical survey at its Ballarat Gold-Copper Project in Yukon Territory. The survey, part of the 2024 summer exploration program, revealed strong correlations between surface gold zones, cross-cutting structures, and low-resistivity zones at the Skye Gold Zone.
The Skye Gold Zone features two NE-SW trending gold soil anomalies extending 1.9 km and 1.3 km, associated with indicator minerals Mo, Pb, and Te. The VLF-EM survey covered 2.5 line-km across six lines, identifying structural targets similar to the Golden Saddle deposit.
For 2025, the company is planning up to 2,500m of drilling across 8-10 holes on the Skye Gold Zone and 1-2 holes on the Loki Copper Zone. The Ballarat Project, covering 18,741 hectares, is strategically located in the White Gold District, near Newmont's Coffee Gold Project and Western Copper and Gold's Casino Project.
Stakeholder Gold Corp. (TSXV: SRC) ha annunciato i risultati del sondaggio geofisico VLF-EM presso il suo progetto aurifero-cuprifero Ballarat nello Yukon. Il sondaggio, parte del programma di esplorazione estiva del 2024, ha rivelato forti correlazioni tra le zone superficiali d'oro, le strutture incrocianti e le zone a bassa resistività nella Skye Gold Zone.
La Skye Gold Zone presenta due anomalie di suolo dorato che si estendono per 1,9 km e 1,3 km in direzione NE-SW, associate a minerali indicatori Mo, Pb e Te. Il sondaggio VLF-EM ha coperto 2,5 km lineari su sei linee, identificando obiettivi strutturali simili a quelli del deposito Golden Saddle.
Per il 2025, l'azienda prevede di effettuare fino a 2.500 m di perforazioni su 8-10 pozzi nella Skye Gold Zone e 1-2 pozzi nella Loki Copper Zone. Il Ballarat Project, che copre 18.741 ettari, è strategicamente situato nel White Gold District, vicino al progetto Coffee Gold di Newmont e al progetto Casino di Western Copper and Gold.
Stakeholder Gold Corp. (TSXV: SRC) ha anunciado los resultados de la encuesta geofísica VLF-EM en su Proyecto de Oro y Cobre Ballarat en el Territorio de Yukón. La encuesta, parte del programa de exploración de verano de 2024, reveló fuertes correlaciones entre las zonas de oro en la superficie, las estructuras transversales y las zonas de baja resistividad en la Skye Gold Zone.
La Skye Gold Zone presenta dos anomalías de suelo de oro en tendencia NE-SW que se extienden 1.9 km y 1.3 km, asociadas con minerales indicativos Mo, Pb y Te. La encuesta VLF-EM cubrió 2.5 km lineales a lo largo de seis líneas, identificando objetivos estructurales similares al depósito Golden Saddle.
Para 2025, la empresa planea realizar hasta 2,500 m de perforación en 8-10 agujeros en la Skye Gold Zone y 1-2 agujeros en la Loki Copper Zone. El Ballarat Project, que cubre 18,741 hectáreas, está situado estratégicamente en el White Gold District, cerca del proyecto Coffee Gold de Newmont y del proyecto Casino de Western Copper and Gold.
Stakeholder Gold Corp. (TSXV: SRC)는 유콘 준주의 Ballarat 금-구리 프로젝트에서 VLF-EM 지구 물리 조사 결과를 발표했습니다. 이 조사는 2024년 여름 탐사 프로그램의 일환으로, Skye Gold Zone에서 표면 금 지대, 교차 구조 및 저항률 지대 간의 강한 상관관계를 발견했습니다.
Skye Gold Zone은 NE-SW 방향으로 1.9km 및 1.3km에 걸쳐 확장된 두 개의 금 토양 이상을 특징으로 하며, 이는 Mo, Pb, Te와 같은 지표 광물과 관련이 있습니다. VLF-EM 조사는 2.5 km 라인 길이를 여섯 개 라인에서 조사하였고, Golden Saddle 매장지와 유사한 구조적 목표를 식별했습니다.
2025년에는 Skye Gold Zone에서 8-10개의 구멍에 대해 최대 2,500m의 드릴링을 계획하고 있으며, Loki Copper Zone에서는 1-2개의 구멍에서 드릴링을 계획하고 있습니다. Ballarat Project는 18,741 헥타르를 차지하며 White Gold District에 전략적으로 위치해 있으며, Newmont의 Coffee Gold 프로젝트 및 Western Copper and Gold의 Casino 프로젝트와 가까운 곳에 있습니다.
Stakeholder Gold Corp. (TSXV: SRC) a annoncé les résultats de l'étude géophysique VLF-EM de son projet d'or et de cuivre Ballarat dans le territoire du Yukon. L'étude, qui fait partie du programme d'exploration estivale 2024, a révélé de fortes corrélations entre les zones d'or en surface, les structures transversales et les zones de faible résistivité dans la Skye Gold Zone.
La Skye Gold Zone présente deux anomalies en sol d'or s'étendant en direction NE-SW sur 1,9 km et 1,3 km, associées à des minéraux indicateurs Mo, Pb et Te. L'enquête VLF-EM a couvert 2,5 km linéaires sur six lignes, identifiant des cibles structurelles similaires à celles du gisement Golden Saddle.
Pour 2025, la société prévoit jusqu'à 2 500 m de forage dans 8 à 10 trous dans la Skye Gold Zone et 1 à 2 trous dans la Loki Copper Zone. Le Ballarat Project, qui s'étend sur 18 741 hectares, est situé stratégiquement dans le White Gold District, à proximité du projet Coffee Gold de Newmont et du projet Casino de Western Copper and Gold.
Stakeholder Gold Corp. (TSXV: SRC) hat die Ergebnisse der VLF-EM geophysikalischen Untersuchung seines Ballarat Gold-Kupfer-Projekts im Yukon-Territorium bekannt gegeben. Die Untersuchung, Teil des Sommerexplorationsprogramms 2024, zeigte starke Korrelationen zwischen oberflächlichen Goldzonen, kreuzenden Strukturen und niederohmigen Zonen in der Skye Gold Zone.
Die Skye Gold Zone weist zwei NE-SW verlaufende Goldbodenanomalien auf, die sich über 1,9 km und 1,3 km erstrecken und mit den Indikator-Mineralen Mo, Pb und Te assoziiert sind. Die VLF-EM-Untersuchung deckte insgesamt 2,5 Linienkilometer über sechs Linien ab und identifizierte strukturelle Ziele, die denen der Golden Saddle Lagerstätte ähnlich sind.
Für 2025 plant das Unternehmen bis zu 2.500 m Bohrungen in 8-10 Löchern in der Skye Gold Zone und 1-2 Löcher in der Loki Copper Zone. Das Ballarat Project, das 18.741 Hektar umfasst, ist strategisch im White Gold District gelegen, in der Nähe von Newmonts Coffee Gold-Projekt und Western Copper and Golds Casino-Projekt.
- Strong correlation found between gold zones and low-resistivity zones in VLF-EM survey
- Identified two significant gold soil anomalies extending 1.9 km and 1.3 km
- Strategic location near major gold projects in White Gold District
- Planned 2,500m drilling program for 2025
- No current mineral resource estimates
- Exploration stage project with no proven economic viability
Toronto, Ontario--(Newsfile Corp. - January 21, 2025) - Stakeholder Gold Corp. (TSXV: SRC) ("Stakeholder" or the "Company") is pleased to announce results and interpretation for the VLF-EM (Very Low Frequency - Electro-Magnetic) geophysical survey undertaken on the Company's
The VLF-EM survey was a portion of the 2024 summer exploration program on Ballarat. The 2024 exploration program was comprised of a ground-based VLF-EM survey on the Skye Gold Zone, grid soil sampling on the Loki Copper Zone and a property wide drone magnetic survey.
Results of the drone magnetic survey (Figure 1) and grid soil sampling (Figure 4) are discussed in the news release dated November 12th, 2024. Highlights of this work included the delimitation of a significant, 2.3 km x 530 m, zone of anomalous copper in soils on the Loki Copper Zone and structural interpretation from the magnetic survey which highlighted a series of 2nd - 3rd order faults associated with gold occurrences on the Skye Gold Zone.
Skye Gold Zone VLF-EM Survey
The ground based VLF-EM survey was conducted across the Skye Gold Zone to aid in structural interpretation. The survey was performed with six (6) lines extending for a total of 2.5 line-km. The Skye Gold Zone is located in the central portion of the Ballarat Property and consists of two, NE-SW trending, sub parallel gold in soil anomalies extending approximately 1.9 km and 1.3 km respectively (Figure 2). The two sub parallel gold in soil anomalies are detected in association with locally established indicator minerals Mo (Molybdenum), Pb (Lead), and/or Te (Tellurium). These gold in soil anomalies, and particularly clusters of >50 ppb gold along them, are associated with a series of E-W and NE oriented structures first highlighted by the 2024 drone magnetic survey.
The VLF-EM survey focused on two areas within the Skye Gold Zone. Lines 1,2,3 & 4 were placed on the northern portion of the trend across the gold in soil anomaly extending for 1.9 km. Lines 5 & 6 were placed along the southern end of the trend across the gold in soil anomaly extending for 1.3 km (also Figure 2). The VLF-EM survey lines were designed to cross the gold in soil anomalies, and to provide further information for structural interpretation.
Results
For all of the VLF-EM survey lines, there is a strong correlation between the gold zones detected on surface, cross-cutting structures interpreted from the magnetic survey, and low-resistivity zones resulting from inversion of the VLF-EM sections. These low resistivity zones appear to dip moderately to steeply northwest and are interpreted as primary structural controls to gold mineralization in the area (Figure 3). This structural setting is very similar to, and likely related to, zones of known gold mineralization on the White Gold Property, including the Golden Saddle deposit, which is located some 30 km to the northwest.
The newly defined structural targets on the Skye Gold Zone are considered priority drill targets for the Company in 2025. In addition, these results highlight the necessity for follow up work on a series of gold in soil anomalies (up to 200 ppb Au), the East Zone (Figures 1,2 & 4), located approximately 2 km east of the Skye Gold Zone that are now interpreted to be associated with similar structural controls (1).
(1) See the Company's news release dated Oct. 20th, 2023. Available on SEDAR.
Figure 1: Drone magnetic survey of the Ballarat Property showing 1VD magnetics and structural interpretation.
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Figure 2: Gold in soils on the Skye Zone with VLF lines and structural interpretation.
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Figure 3: Cross-section showing gold in soils and resistivity in VLF - Line 1
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"Size potential for the Skye Gold Zone is now evidenced across three corroborative studies: geochemical gold signature analysis, magnetic surveys and very low frequency electro-magnetic surveys. The Skye Gold Zone itself extends over two sub-parallel features of 1.9 km and 1.3 km respectively, while recent interpretation suggests to us that the East Zone, which is located some 2 km east of the Skye Gold Zone, may now also have enhanced merit for exploration follow up as a result of revised structural interpretations."
"2024 exploration work on Ballarat confirms for us size potential for both the Skye Gold Zone and the Loki Copper Zone on the company's contiguous claim holdings. These exploration targets are separated by approximately 10 km and are located either side of the planned route for the Northern Gateway Road where it is expected to traverse 17 km of company claims. We believe that this combination gives our company shareholders an unparalleled opportunity for value accretion through economic mineral discovery in the Heart of the White Gold District of the Yukon Territory." Stated Christopher Berlet, President & CEO of Stakeholder.
2025 Exploration
The Company is currently considering plans for the 2025 exploration season. Proposals include up to 2,500 m of drilling, encompassing 8 - 10 holes on the Skye Gold Zone, and 1 - 2 holes on the Loki Copper Zone. Further work is also anticipated to include an expanded grid soil sampling program, geologic mapping and prospecting, and a ground based geophysical survey designed to source and define additional drill targets. Detailed plans for the 2025 season will be released in early spring.
Figure 4: Ballarat Property target areas with gold in soils.
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Ballarat Property
The Company's
Figure 5: Ballarat Property regional location.
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QAQC and QP Statement
The analytical work for the 2024 program was performed by Bureau Veritas Commodities Canada Ltd., an internationally recognized analytical services provider, at its Vancouver, British Columbia laboratory. Sample preparation was carried out at the company's Whitehorse, Yukon facility. All soil samples were prepared using procedure SS80 (dry at 60 C and sieve 100g at -80 mesh) and analyzed by method AQ201 (aqua regia digestion and ICP-MS analysis). The work was completed using industry standard procedures, including a quality assurance/quality control (QA/QC) program consisting of the insertion of certified standards, blanks, and field duplicates into the sample stream.
Jodie Gibson, M.Sc., P.Geo. is the Qualified Person for the Company, as defined by NI 43-101, and has reviewed and approved the contents 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237849
FAQ
What are the main findings of SRC's VLF-EM survey at the Skye Gold Zone?
What is Stakeholder Gold's (SKHRF) drilling plan for 2025?
How large is SRC's Ballarat Project and where is it located?
What were the key components of SRC's 2024 summer exploration program?
