Stakeholder Provides Ballarat Exploration Update

About this update from Stakeholder Gold Corp.

Toronto, Ontario--(Newsfile Corp. - June 2, 2026) - Stakeholder Gold Corp. (TSXV: SRC) (OTCQB: SKHRF) (WKN: A2QEP1) ("Stakeholder" or the "Company")  is pleased to provide an update on the current 2,000 m exploration drilling program at the Company's 100% owned Ballarat Gold-Copper Project ("Ballarat" or "The Project"). Drilling commenced on May 9th, 2026. Ballarat is located in the geographical center of the White Gold District of the Yukon Territory, Canada (Figure 1). The Project is situated due north of Fuerte Metals Corp.'s Coffee Gold Mine Project, northwest of Western Copper Gold Corp.'s Casino Project and west, south and southeast of White Gold Corp.'s extensive regional exploration initiatives.Coffee Mine, Northern Access Route NARThe Ballarat Project straddles 20 km of the planned Coffee Mine, "Northern Access Route NAR" (Figures 1 & 2), where the road route heads north from the Yukon River. The Project is located within an underexplored portion of the White Gold District and is currently host to five developed gold and copper exploration prospects which have been selected for drill testing.Figure 1To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3082/299699_db98ce50447fbb0e_001full.jpgDrillhole #1: BA2601 - Loki Copper ZoneThe first diamond drillhole of Stakeholder's early 2026 Ballarat exploration program, BA2601, targeted the Loki Copper Zone. The drillhole was extended from a planned depth of 200 m to a final depth of 498 m as a result of encountering favorable geology and mineralization. Mineralization identified in the drill core included disseminated, massive and net textured pyrite, pyrrhotite, and chalcopyrite. This mineralization was intersected throughout the entire drillhole. The primary unit intersected in BA2601 was an ultramafic unit that is interpreted to be favorable for Alaskan style Ni-Cu-PGE mineralization.The Loki Copper Zone trend is a 2.3 km x 600 m Cu +/- Ni-Co in soil anomaly. Previously, ultramafic units had not been mapped in the vicinity. The ultramafic unit intersected by BA2601 is interpreted to be part of the Late Triassic Pyroxene Mountain suite. The Loki Copper Zone soil anomaly begins 120 m east of the Northern Access Route NAR where the road route traverses the southern portion of Company claims (Figure 2). BA2601 was drilled 1,150 m ea...

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