Stakeholder Gold Corp. announced the start of a multiphase exploration program on the Company's 18,741 hectare Ballarat Project located in the heart of the White Gold District of the Yukon Territory. The Company's 100% owned 18,741 hectare contiguous claim position covers key ground features in the center of the rapidly evolving White Gold mining and exploration camp.

Stakeholder claims are located in the relative center of the White Gold District, north and northeast of Newmont's Coffee Gold Project, due north of Western Copper and Gold Corporation's Casino Project and west, south, and east of White Gold's regional exploration initiatives. The Company's claims cover the full drainage basin for Ballarat Creek which has been one of the most significant placer gold producers in the White Gold placer mining area. The new claims also extend across the headwaters of Barker Creek, which has also been a prolific placer gold producer.

In addition to gold potential, the eastern portion of the Company's Ballarat Project is underlain by a Cretaceous age intrusive and has potential for porphyry copper-molybdenum-gold mineralization. The Company's ground position now also straddles an estimated 17km of the route for the Resource Gateway Road which is being developed to connect Dawson City to the Coffee Gold Project, and to service the White Gold District as it develops into a regional mining camp. The Resource Gateway Road is expected to significantly reduce exploration and development costs within the White Gold District.

The initial phase of the 2023 Ballarat Project exploration program consists of reconnaissance `ridge and spur' sampling across newly acquired claims(1) and grid soil sampling over four target areas defined from work done in prior years. The program is being managed by, Dawson City, YT based, GroundTruth Exploration with oversight from the Company. First results are expected to be published before the end of August 2023, and the first phase of work will be followed up with a program of geologic mapping, prospecting, additional soil sampling, prospect scale geophysics and LiDAR surveys.

The objective of the work is to define drill targets for fall 2023 and/or 2024 field seasons.