Stakeholder Releases Drill Results from Ballarat Gold Property in White Gold District, Yukon
September 04 2012 - 11:00AM
Marketwired Canada
Stakeholder Gold Corp. ("Stakeholder") (TSX VENTURE:SRC) announces the results
from a five hole, 753 metre core drilling program recently completed on the
200-claim (4,140-hectare) Ballarat gold property located in the White Gold
district approximately 100 kilometres due south of Dawson City, Yukon. The
drilling was done to test two strong gold-in-soil trends outlined in 2010. Three
of the five holes returned notable gold intersections. The following table
summarizes all the gold-bearing intervals encountered by the drilling:
UTM UTM Depth From Length Wt. Avg.
Hole mE(i) mN(i) Azimuth Dip m m m gpt Au
----------------------------------------------------------------------------
BA 12 01 595554 6986918 145 degrees 50 degrees 153.0 55.6 3.0 0.95
117.8 2.2 0.37
137.6 1.9 0.76
----------------------------------------------------------------------------
BA 12 02 595673 6986975 145 degrees 50 degrees 153.0 6.0 1.0 0.74
----------------------------------------------------------------------------
BA 12 03 595923 6986947 145 degrees 50 degrees 150.0 44.9 1.0 1.71
120.7 1.9 0.32
----------------------------------------------------------------------------
BA 12 04 596266 6987605 145 degrees 50 degrees 147.0 - - -
----------------------------------------------------------------------------
BA 12 05 596619 6987788 145 degrees 50 degrees 150.0 - - -
(i) UTM Zone WGS84 Zone 7N
All analytical results referred to in this release were determined by Acme
Analytical Laboratories Ltd. in Vancouver, B.C. Acme is accredited under ISO
9001. Drill core samples were prepared by crushing one kilogram to 80% passing
-10 mesh and then pulverizing a 250g subsample to 85% passing -200 mesh. Each
subsample was analyzed for gold by 30g fire assay, ICP-ES finish. Stakeholder
follows an independently designed and monitored quality assurance/quality
control program involving the insertion of standards, blanks and duplicates into
the sampling stream.
Mark Fekete, PGeo., President of Stakeholder, is the designated qualified person
as defined in Section 1.1 in and for the purposes of National Instrument 43-101
that reviewed and approved the technical content of this release.
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This release may contain forward-looking statements that are subject to known
and unknown risks and uncertainties that could cause actual results to vary
materially from targeted results. Such risks and uncertainties include those
described in the Company's periodic reports including the annual report or in
the filings made by the Company from time to time with securities regulators.
The Company undertakes no obligation to publicly release the result of any
revision of these forward-looking statements to reflect events or circumstances
after the date they are made or to reflect the occurrence of an unanticipated
event.
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