Stakeholder Gold Corp
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Stakeholder Gold Corp. (TSX-V: SRC) generates revenue by selling exotic blue quartzite through its wholly owned Brazilian subsidiary, Victoria Mining Corporation (“VMC”). The cash flow obtained from these sales allows Stakeholder to minimize the issuance of treasury shares, safeguarding shareholders from dilution.
The company owns the Ballarat Gold Project in the White Gold District of the Yukon Territory, covering 18,741 hectares. Situated north of the Newmont Corp. Coffee Mine Project and surrounded by the White Gold Corp. White Gold Project, the Ballarat Gold Project's location is strategic.
The Ballarat Gold Property, located 120 km southeast of Dawson City, has been a significant placer gold producer in the White Gold District. The project boasts various gold occurrences that have undergone initial survey work and are earmarked for further exploration. Additionally, the project area is intersected by over 17km of the Resource Gateway Road, linking it to the Yukon’s White Gold District.
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