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Stakeholder Releases Drill Results from Ballarat Gold Property in White Gold District, Yukon
* Reuters is not responsible for the content in this press release.
DAWSON CITY, YUKON, Sep 04 (MARKET WIRE) --
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.
Shares Issued 41,971,641
Neither the TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Contacts:
Mark Fekete
Toll Free 1-877-874-8182 ext 210
info@stakeholdergold.com
www.stakeholdergold.com
Copyright 2012, Market Wire, All rights reserved.
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