Stakeholder Delivers Standout Assays from Hole BA2601 at the Loki Target: Highly Anomalous Cu-Ni-Co and Separate PGE Mineralization Confirm a Fertile Magmatic Sulphide System
Loki assays confirm a system but grades are far below mineable bands
Stakeholder Gold Corp. has released initial assay results from hole BA2601 at the Loki Target on its Ballarat Gold-Copper Project in the Yukon. The hole was drilled to a total depth of 498 m at an azimuth of 230° and a dip of -45°. This release covers assays from 226 m to 451 m, while results for the intervals from 0 to 226 m and 451 to 498 m remain pending.
The reported copper-nickel-cobalt interval spans 6 m downhole from 254 m to 260 m, grading 1,190 ppm copper, 159 ppm nickel, and 123 ppm cobalt, based on a 500 ppm copper cutoff. Within this zone, a 1 m sub-interval from 258 m to 259 m graded 3,730 ppm copper, 641 ppm nickel, and 514 ppm cobalt, along with 5.02% sulphur. This higher-grade section is associated with a logged net-textured to massive sulphide lens.
Two separate platinum-group elements (PGE) intervals were also identified. The first is 3 m from 323 m to 326 m grading 90 ppb Pt+Pd. The second is 5 m from 380 m to 385 m grading approximately 100 ppb Pt+Pd. The best PGE sub-interval within that second zone is 1 m from 380 m to 381 m, grading 183 ppb Pt+Pd. The company notes that these intervals represent core lengths and that true widths have not yet been determined.
Stakeholder Gold Corp. (SRC) released drill results that confirm the Loki target hosts a sulphide-bearing ultramafic system with Cu-Ni-Co and weak PGE anomalism, a finding with geological relevance. However, the release does not alter the resource picture because there is no resource estimate and the reported grades are too low to define one. The assay numbers do not demonstrate an economic discovery, meaning the news is not materially positive to equity value.
As an early-stage explorer, a true discovery hole could be highly material, but this specific hole does not meet that bar. The stock is trading near its 52-week high, and the company raised flow-through money at CAD 2.06 per unit on August 7, 2026, above the current price in the provided series. The current price already reflects substantial optionality around Ballarat, Coffee adjacency, road access and the 2026 drill program.
Stakeholder Gold Corp. (SRC) is a TSXV-listed junior explorer operating the Ballarat Gold-Copper Project in the White Gold District of Yukon. The company holds a 1,140-claim, 22,700-hectare land package spanning 20 km of the Northern Access Route associated with the nearby Coffee Gold Project. Additionally, Stakeholder Gold holds 10 claims inside the adjacent Coffee Mine Project area.
Main exploration targets discussed in recent releases include Loki, a Cu-Ni-Co-PGE ultramafic target, as well as Skye, East, and Northwest, which are gold targets. Beyond exploration, the company generates non-mining cash flow through its Brazilian subsidiary, Mineração VMC Ltda., which produces exotic quartzite.
Prior-period financial data not disclosed in today’s drill release shows that Q1 2026 revenue was CAD 408,919, while the net loss was CAD 522,643. Cash on hand stood at CAD 3,001,377, with working capital of approximately CAD 4.97 million. For the full year 2025, revenue was CAD 1,611,353 and the net loss was CAD 2,617,448.
The company has raised recent equity and flow-through financing, including CAD 2.29 million in March 2026 and CAD 700,400 in August 2026. While the quarry business provides some revenue, the equity story remains dominated by exploration optionality and financing risk.