SRC Discovers New Trail Hill Gold-Silver Zone in First Drillhole 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 5th, 2018 LEI: 549300X15KONYS2TCL76
Shares Outstanding: 23,588,662
SRC Discovers New Trail Hill Gold-Silver Zone in First Drillhole at Goldstorm, Nevada
Toronto, Canada, March 5th, 2018 – Stakeholder Gold Corp. (“Stakeholder Gold” or the “Company”)
(TSX-V: SRC) is pleased to announce 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 located 17 km northwest of
the Midas Mine of Klondex Mines Ltd., and 18 km northeast of the Twin Creeks Mine of Newmont
Mining Corporation. The drilling program was stopped af ter one hole due to in clement weather at the
site.
Stakeholder completed drill hole G-2017-1 at Goldstorm targeting Mi das-style gold-silver
mineralization in the Clayton fault-bounded Zone. The Cl ayton Zone was first deli neated in a drill hole
in 2010. Drill hole G-2010-1 contained a 2 metre s ection of quartz-naumannite-electrum-bearing
mineralization from 65 to 67 metres depth, appr oximately 60 metres below the ground surface. The
section assayed 5.5 grams per tonne (“g/T”) gold acr oss the 2 metre core lengt h and included a 1 metre
interval that assayed 9.29 g/T gold and 72.6 g/T silver.
G-2017-1 was collared in the Trail Hill Zone, west of G-2010-1 in pr eviously undrilled rocks and is
oriented to the northeast at appr oximately minus 57 degrees. A 10 me tre wide zone of quartz-pyrite
mineralization in quartz-silica-pyrite (“QSP”) altered basaltic rocks also crops out at the top of Trail Hill
just west of the new drill hole. G-2017-1 intersected a wide package of mostly highly altered and
transversely fractured basaltic flows and laharic debris flow rocks contai ning oxidized QSP alteration
and quartz flooding mineralization, from a core depth of approximately 6 m to 138.1 m, where it was cut
off by a post-mineral fault.
Gold-silver mineralization was found in the Trail Hi ll basal limonitic “feeder” fault breccia between
137.68 m and 138.1 m, which is being re-assayed. Th e interval between 135.7 m and 137.68 m was lost
in drilling. A 1.34 m sample from 137.68 m to 139.02 m, assayed 0.060 g/T gold and 37 g/T silver. The
rocks in the drill hole ab ove this interval mostly assayed less than 0.05 g/T gold--the detection limit for
this gravimetric assay techniqu e, but local anomalous gold a nd silver, to 120 ppb and 3.36 ppm,
respectively, and widespread, very anomalous arsenic values occur in this thic k upper section of altered
rocks. The gold and 37 g/T silver assays of th e basal feeder were highl y encouraging, given the
substantial width and strength of the mineral system intersected in the drill hole. No anomalous gold
values have been found to date at the surface above the electrum-bearing Clayton zone of quartz veining,
with the high-grade mineraliza tion found only 60 m below the surface. Background arsenic values
approximate 20 ppm As, and the rocks drilled in the Trail Hill section showed frequent 50 to 159 ppm
values of arsenic. These data are interpreted as indicating that any main boiling zone for gold-silver
mineralization in the Trail Hill Zone at Goldstorm w ould be at greater depth th an reached in this drill
hole.
TSX-V: SRC | SKHRF | WKN: A2A CEP
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The Clayton veins zone also was tested by G-2017- 1; it was intersected between 292.56 m and 355.7 m,
between the Collar fault and the basal Clayton fault. This zone of faulting and hydrothermal brecciation
is approximately 40 m wide where intersected in the drill hole. New zones of fault-controlled silica-
pyrite mineralization with local bladed calcite veining were found in th is zone, and scattered anomalous
gold assays of up to 39 ppb gold over 1.52 m core length were recorded in the ho le in a complex series
of fault zones and hydrothermal breccias with millimeter-thin pyrite veining. The mineralogical
character of this zone and its higher-level, sub-chalcedonic silica suggest that gold mineralization should
be deeper in the system. The Clayton zone was intersected in the hole at elevations between 1,960 m and
1,905 m due to unexpected flattening of the drillhole.
The target for drilling is the vein system below the 1,830 m elevation level. This is the approximate level
of the paleo-water-table extant 15.4 million y ears ago in the Miocene Epoch when the gold
mineralization has been interpreted to have occurred at Goldstorm and at the Midas and Hollister mines.
See Figures 3 “Midas Gold Trend Gold Zones De pth Comparison Section Looking Northerly” and 4
“Midas Mine Ore Zones – Long Section, Projected Gold storm Holes” attached to view the exploration
model and the limiting spatial characteristics envision ed for this gold-silver system. Stakeholder is
presently having drill samples analy zed for mercury to investigate dept h relations and geochemistry of
the mineral system.
Link to: Midas Gold Trend Gold Zones Depth Comparison Section Looking Northerly
http://stakeholdergold.com/wp-content/uploads/2018/03/goldstorm-figure3.png
Link to: Midas Mine Ore Zones – L ong Section, Projected Goldstorm Holes
http://stakeholdergold.com/wp-content/uploads/2018/03/goldstorm-figure4.png
Phase 2 drilling will now test the Trail Hill and Clay ton vein systems below the 1,830 m elevation level,
and also will test the Prochnau vein system on the property. The Prochnau vein system has, to date, only
been tested by air track holes extending to less than 50 m of depth.
The drill core was logged by an i ndependent QP consulting geologist, sawed in ha lf by an independent
third-party services company and submitted under chai n-of-custody procedures to a certified laboratory
in Elko, Nevada. At the laboratory, the samples were processed using 50-gram aliquots for fire assay
analyses for gravimetric gold and silver. Geochemical analyses of pulps were run after using a 4-acid
dissolution technique. Stakeholder expects to receive additional assa ys and geochemical analyses in the
coming weeks.
“The Trail Hill Zone identifies by structure, pathfinder minerals and location as a significant target. Key
characteristics reflect similar structural manifest ations above gold and silver mineralization at the
significant 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 depth,” stated Rick Redfern.
TSX-V: SRC | SKHRF | WKN: A2A CEP
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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 2017 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
416 548 - 9749
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