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STAKEHOLDER GOLD CORP - $SKHRF STOCK NEWS

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

OTC:SKHRF

SKHRF Rankings

SKHRF Stock Data

29.62M
10.45M
21.54%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Toronto