Stakeholder Launches Next Phase of Growth at Ballarat: Class 3 Permit Application Filed to Unlock Expanded Drilling in the Heart of Yukon's White Gold District

Stakeholder Gold Corp. has filed a Class 3 Mining Land Use Permit (MLUP) application for its 100%-owned Ballarat Gold-Copper Project in the Yukon Territory. The permit is designed to enable a significantly scaled-up diamond drilling campaign supported by a dedicated on-site exploration camp, moving beyond the previous remotely based 2,000 m program.

The company expanded its land package by staking 4 km of Placer Prospecting Leases along a key drainage basin and securing claims covering existing road access to the Yukon River barge landing and a historic airstrip. Ballarat is strategically positioned adjacent to Talamore Mining’s Coffee Gold Project, with 20 km of the Coffee Mine’s Northern Access Route (NAR) traversing Stakeholder’s property.

Exploration targets include the Skye Zone North and South, Loki Copper Zone, and Skye Gold Zone. The application is currently undergoing Yukon’s regulatory review, including environmental, socio-economic, and First Nations consultation.

Stakeholder Gold Corp. (SRC) has secured Class 3 permitting, a standard and expected progression in the Yukon exploration lifecycle. This development follows the April 2026 announcement of a 2,000 m drill program and the subsequent commencement of drilling in May and June 2026, which identified favorable ultramafic geology at the Loki Copper Zone. Securing this permit is a necessary logistical step to transition the company’s operations to a camp-based model.

The update confirms management’s execution capability and operational momentum but introduces no fundamentally new data, assay results, or unexpected catalysts. The market had already priced in the 2026 exploration program and the recent $2.29M financing. Consequently, this news is considered incremental and aligns with previous guidance, validating the company's forward plan without altering the risk/reward profile.

Stakeholder Gold Corp. (SRC) operates a dual-strategy model that advances the Ballarat Gold-Copper Project in Canada’s White Gold District while generating cash flow from its Brazilian subsidiary, Mineração VMC Ltda. The company’s flagship asset is the 100%-owned Ballarat project, which comprises 1,140 contiguous mineral claims covering 22,700 hectares. Exploration targets at the site include the Skye Gold Zone, East Gold Zone, and Loki Copper Zone. The project holds a strategic location adjacent to Talamore Mining’s Coffee Gold Project, which is currently under development, and is intersected by 20 km of the Coffee Mine’s Northern Access Route, providing significant logistical advantages. Meanwhile, the Brazilian stone business operates four quarries producing premium exotic quartzite and is expanding to five quarries in 2026.