549300X15KONYS2TCL76 Shares Outstanding: 23,688,662 SRC Confirms New Trail Hill Gold-Silver Zone Feeder at Goldstorm, Nevada
TSX-V: SRC | SKHRF | WKN: A2A CEP
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FOR IMMEDIATE RELEASE TSX-V: SRC | SKHRF | WKN: A2A
CEP
March 27th, 2018 LEI:
549300X15KONYS2TCL76
Shares Outstanding: 23,688,662
SRC Confirms New Trail Hill Gold-Silver Zone Feeder at Goldstorm, Nevada
Toronto, Canada, March 27 th, 2018 – Stakeholder Gold Corp. (“Stakeholder Gold” or the
“Company”) (TSX-V: SRC) is pleased to announce fu rther assay and geochemical results confirming
the discovery of the new “Trail Hill” Midas-style gold-silver zone in its first core drill hole on the
Goldstorm property in Nevada. The property is locat ed 17 km northwest of the Midas Mine of Klondex
Mines Ltd., which is being acquired by Hecla Mi ning Company, and 18 km northeast of the Twin
Creeks Mine of Newmont Mining Corporation.
Gold-silver mineralization in the basal “S Fault” cont act zone of the Trail Hill gold-silver target area
was re-assayed with narrower, more select samples. The rocks above this fault zone were oxidized and
quartz-silica-pyrite altered and mine ralized from a core hole depth of approximately 7 metres to 138
metres. The drillhole, inclined at -57 degrees, evidenced strong silica- pyrite flooding with local spots of
an unidentified black, oxidized mineral across much of this zone. Stakehol der re-assayed the fault
contact zone on both sides of the S Fault. The upper 0.43 m basal limonitic fault breccia, between
137.68 m and 138.11 m, assayed 18 ppb gold an d a strongly anomalous 3.39 g/t silver. The first interval
below the fault, between 138.11 m and 138.72 m, containe d an abundant amount of the black mineral in
brecciated, altered, dark gray ba salt and sedimentary rock that assayed 54 ppb gold, 137 ppm (4 ounces
per ton) silver (a Goldstorm project high for s ilver) and 109 ppm arsenic, with elevated copper,
molybdenum and antimony--indicating th at the S Fault could be a feeder to gold-silver mineralization.
The third, basal 0.91 m interval, down to 139.63 m, assayed a high 110 ppb gold, 2.16 ppm silver and
183 ppm arsenic in medium-gray fractured mudstone and tuff.
These data indicate that the rocks on both sides of the S Fault are mi neralized, thus the fault may be a
feeder to gold-silver mine ralization. These data are interpreted as being sugge stive of a silver halo
around gold mineralization, similar to rocks around the Hollister Mine of Klondex/Hecla and the
adjacent Silver Cloud property. We interpret that any main boiling zone for gold-silver mineralization in
the Trail Hill Zone at Goldstorm would be at greater depths than those reached in this drill hole.
The targets for drilling at Goldstorm are the Trail Hill, Clayton, and Prochnau vein systems, below the
1,830 m elevation level. This is the approximate leve l of the paleo-water-table extant 15.4 million years
ago in the Miocene Epoch when the gold mineralizati on has been interpreted to have occurred in the
Midas Gold Trend at Goldstorm and at the Midas, Hollister and Silver Cloud mines.
See Figures 1 and 2 to view the ex ploration model and the limiting spatial characteristics envisioned for
this gold-silver system. Phase 2 drilling is planned to begin as soon as weather pe rmits, and will test the
vein systems below the 1,830 m elevation.
TSX-V: SRC | SKHRF | WKN: A2A CEP
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Figure 1: Midas Gold Trend Gold Zone s Depth Comparison Section Looking Northerly
http://stakeholdergold.com/wp-content/uploads/2018/03/goldstorm-figure3.png
Figure 2: Midas Mine Ore Zones – L ong Section, Projected Goldstorm Holes
http://stakeholdergold.com/wp-content/uploads/2018/03/goldstorm-figure4.png
The drill core was submitted under chain-of-custody procedures to ALS Chemex Laboratory in Elko,
Nevada. The samples were processed using 50-gram a liquots for fire assay analyses with gravimetric
finish for gold and silver determinations. Multi-ele ment ICP geochemical analyses of pulps were run
after using a 4-acid dissolution technique.
“The Trail Hill Zone is interpreted to be a signifi cant Midas-style gold-silver target on the basis of
structure, pathfinder metals and location. Key characte ristics reflect similar structural manifestations
above gold and silver mineralization at the signif icant Midas and Hollister mines, which are bounded by
elevation at the approximate height of the paleo- water-table of the Miocene Epoch. Follow-up in the
near term will include a new test of the Trail Hill Zone at greater depths,” stated Rick Redfern.
The Company’s combined ground position now encompasses 3,806 contiguous acres. The enhanced
land position surrounds both the Clayton Veins and th e Prochnau Veins systems, and includes their
respective strike extensions. Success with drilling would open up the prospect of considerable expansion
on strike and depth extensions.
Richard R. Redfern, C.P.G. and M. S. (Geology), Geological Consultant for Stakeholder Gold, is the
Qualified Person for the Company, as defined by NI 43-101, who has reviewed and approved the
contents of this press release.
About Stakeholder Gold
Stakeholder Gold Corporation is a Canadian minera l exploration company hea dquartered in Toronto,
Canada. The primary focus of the Corporation during 2018 is to explore the Goldstorm property in Elko
County, Nevada (USA). Stakeholder is also explor ing on its 100% owned Ballara t Gold Project located
in the White Gold District of the Yukon Territory, Canada.
For further information on the content of this release or about Stakeholder Gold, please contact:
Christopher J. Berlet BSc (Mining), CFA
President & CEO
416 525 - 6869
TSX-V: SRC | SKHRF | WKN: A2A CEP
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