Welcome to our dedicated page for Stakeholder Gold news (Ticker: SKHRF), a resource for investors and traders seeking the latest updates and insights on Stakeholder Gold stock.
Stakeholder Gold Corp. advances the 100% owned Ballarat Gold-Copper Project in Yukon's White Gold District and operates an exotic-stone business in Brazil through its subsidiary Mineração VMC Ltda.
Company news commonly covers Ballarat exploration approvals, drilling programs and target areas such as the Loki Copper Zone and East Zone, mining-claim assessment filings, and engagement with land-use and environmental requirements. Updates also include private placements and flow-through financings, common share and warrant terms, OTCQB trading status under SKHRF, and production and sales activity from Brazilian stone quarries.
Stakeholder Gold Corp. (TSXV: SRC) (OTC: SKHRF) celebrates Klondike Gold Discovery Day while highlighting its strategic position in Yukon's White Gold District. The company owns the 18,741-hectare Ballarat Project, which surrounds the historically productive Ballarat Creek. In October 2023, Stakeholder announced the discovery of two subparallel gold trends measuring 1.9 km and 1.3 km in the Skye Gold Zone.
The press release provides historical context of the Klondike Gold Rush and details recent major discoveries in the region, including White Gold Corp's Golden Saddle deposit (1.4M ounces) and Newmont's Coffee Project (1.67M proven & probable ounces). For 2025, Stakeholder aims to announce results confirming discoveries in both the Skye Gold Zone and Loki Copper Zone.
Stakeholder Gold Corp. (TSXV: SRC) (OTC: SKHRF) has launched its 2025 exploration program at the Ballarat Gold-Copper Project in Yukon Territory's White Gold District. The program includes 1,600 meters of maiden diamond drilling across 8 drill holes, targeting two mineralization zones:
The Skye Gold Zone will see 1,200 meters of drilling across 6 holes, focusing on two subparallel gold soil trends spanning 1.9 km and 1.3 km. The Loki Copper Zone, located 7.5 km southeast, will undergo 400 meters of drilling across 2 holes, targeting a 2.3 km x 530 m copper anomaly.
Both zones are strategically positioned along the planned Resource Gateway Road route through the company's 18,741-hectare property, which is situated near Newmont's Coffee Gold Project and Western Copper and Gold's Casino Project.
Stakeholder Gold Corp (TSXV: SRC) (OTC Pink: SKHRF) has submitted a Class 1 Notification for its 2025 exploration program at the Ballarat Gold-Copper Project. The company plans to conduct maiden drilling operations, targeting:
- Skye Gold Zone: 2,000 meters across multiple drill holes
- Loki Copper Zone: 500 meters of drilling
The two zones, separated by 8-10 km, are positioned on either side of the proposed Northern Gateway Road. The total drilling program encompasses 2,500 meters over 8-10 drill holes. Additional exploration activities will include expanded soil grid surveys, geologic mapping and prospecting, and a LiDAR survey.
The primary objective is to confirm structural controls, mineralization, and grade at both sites. CEO Christopher Berlet expects 2025 to be a pivotal year, with results potentially catalyzing a robust follow-up program for definition drilling on both targets.
Stakeholder Gold Corp. (TSXV: SRC) has successfully completed a non-brokered private placement, raising $1.8 million CAD through the issuance of 1.8 million Units at $1.00 per Unit. Each Unit includes one common share and half a warrant, with each whole warrant allowing purchase of an additional common share at $1.50 within two years.
The warrants include an early exercise provision triggered when the 10-day average share price exceeds $3.00. Company insiders participated by subscribing to 464,000 Units ($464,000 CAD). The proceeds will fund exploration at the Ballarat Exploration Project in Yukon's White Gold District and develop the company's quartzite business in Minas Gerais, Brazil.
All securities issued have a four-month and one-day hold period. The private placement requires final TSX Venture Exchange approval and doesn't create new insiders or control persons.
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) 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) (OTC Pink: SKHRF) has announced the startup of its third quarry in Minas Gerais, Brazil, focusing on white quartzite production. The quarry is expected to produce 250m³/month of white quartzite blocks for cutting and polishing into slabs. Environmental licenses were issued in 2023, and a commercial license application was submitted to ANM on November 6, 2024.
The company's first quarry achieved sales of approximately 130m³ of blue quartzite in October, with total sales reaching USD $200k. The breakeven rate for operating a quarry in Brazil is estimated at 30m³ per month. The company expects profitability in Q4 2024 and anticipates a strong start to 2025 with all three quarries operational.
Stakeholder Gold Corp. (TSXV: SRC) has announced results from its 2024 exploration program at the Ballarat Gold Project in Yukon Territory. Key findings include the Skye Gold Zone, featuring two gold soil trends extending 1.9 km and 1.3 km, and the Loki Copper Zone, showing a 2.3 km x 530 m zone of anomalous copper. The company completed a property-wide drone magnetic survey covering 2,008 line-km, revealing important structural controls. The Ballarat Property spans 18,741 Ha in the White Gold District and is strategically located near major mining projects. Management plans to begin drilling both zones in early 2025.
Stakeholder Gold Corp. (TSXV: SRC) celebrates Klondike Gold Discovery Day in Yukon Territory, Canada. The holiday commemorates the 1896 gold discovery that sparked the Yukon Gold Rush. Stakeholder holds a 100% ownership of an 18,741-hectare claim in the White Gold District, centered around Ballarat Creek, a prolific placer gold producer.
The company's Skye Zone exploration target, located east of Ballarat Creek, has revealed two distinct gold in soil trends of 1.9 km and 1.3 km. These findings are the focus of the 2024 exploration season. Stakeholder aims to deliver another significant gold source discovery in the White Gold District, building on the region's rich history of gold exploration and discovery.