October 4, 2024, — In a recent interview with Investor.News host Tracy Hughes, Christopher Berlet, President, CEO, and Director of Stakeholder Gold Corp. (TSXV: SRC), shared key insights into the company’s current projects. Berlet emphasized the significance of Stakeholder’s Ballarat Gold Project, located in the White Gold District of Yukon Territory. He highlighted the Skye Zone as a promising gold discovery within the 18,741-hectare project. “We believe that Skye Zone could lead to a very significant new discovery,” Berlet noted, comparing its characteristics to the Golden Saddle deposit, although with potentially larger scale. The Skye Zone, with a current strike length of 3.2 kilometers, is located close to the Northern Gateway Road, which could offer logistical advantages. The ongoing 2024 exploration program aims to confirm the potential of both the Skye Zone and the newly identified Loki Zone, with results expected by October.
Berlet also discussed Stakeholder’s diversification strategy through its Brazilian subsidiary, Victoria Mining Corporation (VMC). This subsidiary generates robust cash flow from the sale of exotic blue quartzite, enabling Stakeholder to limit treasury share issuance and protect shareholders from dilution. “It’s a great business,” Berlet remarked, sharing that they plan to expand to three quarries this year, with potential for up to ten in the future. This cash flow allows the company to pursue major gold discoveries while maintaining a lean share structure, positioning Stakeholder to deliver substantial shareholder value.
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About Stakeholder Gold Corp.
Cash Flow
Stakeholder Gold Corp. (TSXV: SRC) generates cash flow with the sale of exotic blue quartzite from its wholly owned Brazilian subsidiary, Victoria Mining Corporation (“VMC”). Cash flow received from blue quartzite sales permits Stakeholder to restrict treasury share issuance and protects company shareholders from dilution.
Exploration Upside
Stakeholder Gold also holds a 100% interest in the Ballarat Gold Project located in the heart of the White Gold District of the Yukon Territory (Canada). The Ballarat Gold Project covers 18,741 hectares of ground situated directly north of the Newmont Corp. (NYSE: NEM) Coffee Mine Project, and south, west and east of the White Gold Corp. (TSX-V: WGO) White Gold Project.
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This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.
This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.
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