EPISODE · Feb 18, 2025 · 9 MIN
Stakeholder Gold’s Christopher Berlet on the Sky Gold Zone and Cash Flow from Exotic Blue Quartzite
from Investor.News · host Investor.News
Christopher Berlet, President, CEO and Director of Stakeholder Gold Corp. (TSXV: SRC), discussed the promising exploration activities and developments at the company's Ballarat Gold-Copper Project in the White Gold District of the Yukon Territory. He highlighted the discovery of the Sky Gold Zone in 2023, a significant gold anomaly with a strike length of over 3 kilometers, which has the potential for a major new gold discovery. The company's recent exploration work includes a drone-supported magnetic survey, soil sampling, and a ground-based VLF-EM survey. The VLF-EM survey has identified low-resistivity zones that correlate strongly with gold mineralization, further supporting the Sky Gold Zone’s potential. According to Berlet, “Size potential for the Sky Gold Zone is now evidenced across three corroborative studies: geochemical gold signature analysis, magnetic surveys, and very low frequency electro-magnetic surveys." In addition to its gold exploration activities, Stakeholder Gold also has a robust cash flow from its Brazilian subsidiary, Victoria Mining Corporation (VMC), which operates quarries producing exotic blue quartzite. Berlet mentioned that the company expects to generate $1M per year from each quarry, with plans to have ten quarries operational by the end of 2026. This consistent cash flow, along with the strong exploration potential at Ballarat, allows Stakeholder to maintain a disciplined capital structure and avoid shareholder dilution. The company is planning further drilling in 2025, including up to 2,500 meters of drilling at the Sky Gold and Loki Copper zones, which Berlet views as highly promising. He emphasized the opportunity for significant value accretion for shareholders as exploration progresses in the heart of the White Gold District.
What this episode covers
Christopher Berlet, President, CEO and Director of Stakeholder Gold Corp. (TSXV: SRC), discussed the promising exploration activities and developments at the company's Ballarat Gold-Copper Project in the White Gold District of the Yukon Territory. He highlighted the discovery of the Sky Gold Zone in 2023, a significant gold anomaly with a strike length of over 3 kilometers, which has the potential for a major new gold discovery. The company's recent exploration work includes a drone-supported magnetic survey, soil sampling, and a ground-based VLF-EM survey. The VLF-EM survey has identified low-resistivity zones that correlate strongly with gold mineralization, further supporting the Sky Gold Zone’s potential. According to Berlet, “Size potential for the Sky Gold Zone is now evidenced across three corroborative studies: geochemical gold signature analysis, magnetic surveys, and very low frequency electro-magnetic surveys." In addition to its gold exploration activities, Stakeholder Gold also has a robust cash flow from its Brazilian subsidiary, Victoria Mining Corporation (VMC), which operates quarries producing exotic blue quartzite. Berlet mentioned that the company expects to generate $1M per year from each quarry, with plans to have ten quarries operational by the end of 2026. This consistent cash flow, along with the strong exploration potential at Ballarat, allows Stakeholder to maintain a disciplined capital structure and avoid shareholder dilution. The company is planning further drilling in 2025, including up to 2,500 meters of drilling at the Sky Gold and Loki Copper zones, which Berlet views as highly promising. He emphasized the opportunity for significant value accretion for shareholders as exploration progresses in the heart of the White Gold District.
NOW PLAYING
Stakeholder Gold’s Christopher Berlet on the Sky Gold Zone and Cash Flow from Exotic Blue Quartzite
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.