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Stakeholder Completes Ballarat Claim Filings for 2025
Newsfile· 2025-11-27 14:00
Core Viewpoint - Stakeholder Gold Corporation has successfully filed assessments for 461 mining claims in the White Gold District of Yukon, Canada, extending the claim registration for an additional four years, with new expiry dates ranging from October 13, 2028, to April 13, 2036 [1][2][4]. Group 1: Claim Renewal and Exploration Strategy - The renewal of these claims is a crucial part of Stakeholder's long-term exploration strategy in the White Gold District, where the company holds a total of 930 contiguous mineral claims covering 17 km of the proposed Northern Gateway Road route [2][5]. - Following the assessment filing, the company plans to conduct further exploration work on its Ballarat claim block in 2026, aiming to extend the validity of ownership for all 930 contiguous claims through to 2036 [2][5]. Group 2: Land Position and Strategic Importance - The renewal of the claims reinforces Stakeholder's land position in the White Gold District, which is recognized as one of Canada's most active and geologically promising gold and copper districts [4][8]. - The company holds a strategic land position of 19,440 hectares, which is expected to support future discovery opportunities and enhance shareholder value through disciplined exploration and sustained land tenure [5][8]. Group 3: Additional Claims and Development - Stakeholder also maintains title to 10 claims covering 209 hectares within the Coffee Mining Camp, which is currently being developed by Fuerte Metals Inc., although no recent exploration work has been conducted on these claims [7]. - The company aims to uphold a strategic and value-accretive land position in the rapidly evolving White Gold District, despite the lack of recent exploration activities on these additional claims [7][8].
Under the Patronage of the Minister of Municipal and Rural Affairs and Housing: Agreement to Establish an Advanced Mortgage Finance Platform
Prnewswire· 2025-11-17 23:28
Core Insights - A tripartite partnership has been established between the Real Estate Development Fund (REDF), the Saudi Real Estate Refinance Company (SRC), and LCM Partners to enhance the housing finance ecosystem in Saudi Arabia [1][2][3] Group 1: Partnership Details - The partnership aims to create a world-class, multi-purpose platform for asset and servicing management in Saudi Arabia, leveraging LCM's expertise in independent mortgage servicing [2][3] - LCM Partners will become a shareholder in the National Support Company for Finance Services through the issuance of new shares, indicating a significant investment in the Saudi housing finance sector [4] Group 2: Strategic Objectives - This initiative supports the objectives of Saudi Vision 2030 and the Housing Program, focusing on enabling Saudi families to own suitable homes and ensuring the sustainability of the housing finance sector [3][4] - The partnership is expected to improve asset management efficiency and the quality of services provided to beneficiaries, promoting financial sustainability and expanding homeownership options [4] Group 3: Market Confidence - The partnership reflects effective integration between the public and private sectors, highlighting the attractiveness of the Saudi market to international investors and confidence in the resilience of the Saudi economy [4] - LCM Partners' long-term commitment to the Kingdom underscores its confidence in the growth of Saudi Arabia's financial and real estate sectors [4]
Stakeholder Gold Private Placement Update
Newsfile· 2025-10-14 15:38
Core Points - Stakeholder Gold Corporation has conditionally approved a private placement offering size of up to $3,000,000 or 3,750,000 units [1] Group 1 - The private placement is part of the company's strategy to raise funds for future activities [1] - The offering is expected to enhance the company's financial position and support its operational plans [1] Group 2 - The news release contains forward-looking information regarding the company's future financial and operational performance [2][3] - The forward-looking statements are based on current expectations and are subject to various risks and uncertainties [3][4]
Stakeholder Reports Gross Margin of 76.9% for H1.2025
Newsfile· 2025-09-03 13:00
Core Insights - Stakeholder Gold Corp. reported a gross margin of 76.9% on quartzite sales amounting to $911,837 CAD in H1 2025, with revenues increasing by 153% year-over-year from $359,908 CAD in H1 2024 [1] - The company’s wholly owned subsidiary, Victoria Mining Corporation, has commissioned 2 new quarries in Brazil, increasing the total to 3, which are expected to significantly contribute to revenue and profit margins [2] - A recent executive order exempted Brazilian quartzites from U.S. trade tariffs, benefiting Brazil's stone exporters and allowing VMC to sell quartzites in the U.S. without tariffs [3] Financial Performance - Revenues rose by 38% quarter-over-quarter from $383,911 CAD in Q1 2025 to $527,926 CAD in Q2 2025 [1] - The company is experiencing a robust return of demand for its exotic blue quartzite product, produced at its first operating quarry [4] Strategic Developments - The company is expanding its product range and developing direct sales lines into the UK, Canada, and other international markets [4] - Stakeholder is utilizing cash flow from its stone quarry business to fund exploration and preserve treasury shares for potential gold and copper discoveries in the Yukon Territory [5] Project Updates - Stakeholder is filing assessments for work done on the Ballarat project in 2025 and securing the project’s paid-up claim status until April 15, 2033 [6]
Stakeholder Begins Ballarat Exploration, 2025
Newsfile· 2025-07-15 13:00
Core Viewpoint - Stakeholder Gold Corp. has initiated its 2025 exploration program on the Ballarat Gold-Copper Project, focusing on diamond drilling in the Skye Gold Zone and Loki Copper Zone to confirm mineralization and grade [1][10][11]. Exploration Program Details - The company plans to drill a total of 1,600 meters across 8 drill holes, with approximately 1,200 meters targeting the Skye Gold Zone and 400 meters for the Loki Copper Zone [2]. - The exploration will also include geological mapping and prospecting in addition to drilling activities [2]. Skye Gold Zone - The Skye Gold Zone features two subparallel gold in soil trends measuring 1.9 km and 1.3 km, associated with ENE oriented structures [3]. - Initial drilling will focus on the strongest gold in soil anomalies along the northern portion of the trend, with up to 6 holes planned to test a combined strike length of 200 meters [4]. Loki Copper Zone - The Loki Copper Zone is located approximately 7.5 km southeast of the Skye Gold Zone and has a 2.3 km x 530 m anomalous copper in soils signature [5]. - Initial drilling will consist of 2 holes designed to intersect the copper in soil anomaly and the associated intrusive unit [6]. Strategic Importance - The company aims to confirm two new discoveries in 2025, which could significantly enhance its understanding of the mineralogical potential of the identified gold and copper trends [10][11]. - The geological targets are strategically located on either side of the planned Resource Gateway Road, which is expected to traverse nearly 17 km through the company's claims [11]. Property Overview - Stakeholder Gold Corp. holds a 100% ownership of an 18,741-hectare contiguous claim position in the White Gold District, strategically located near other significant projects [12].
Stakeholder Submits Class 1 Drilling Notification for Ballarat
Newsfile· 2025-03-11 13:00
Core Viewpoint - Stakeholder Gold Corp. has submitted a Class 1 Notification for 2025 exploration on the Ballarat Gold-Copper Project, which includes maiden drilling on the Skye Gold Zone and the Loki Copper Zone [1][5]. Exploration Program Details - The company plans to drill 2,500 meters over 8 to 10 drill holes, targeting the Skye Gold Zone and the Loki Copper Zone, which are approximately 8 to 10 km apart [2]. - Approximately 2,000 meters of drilling is expected on the Skye Gold Zone and 500 meters on the Loki Copper Zone, aimed at confirming structural controls, mineralization, and grade [2]. - Additional exploration activities for 2025 will include expanded soil grid surveys, geological mapping, prospecting, and a LiDAR survey [2]. Strategic Objectives - The objective is to announce results confirming new discoveries for both the Skye Gold Zone and the Loki Copper Zone during the 2025 summer exploration season [5]. - The year 2025 is anticipated to be pivotal for the company in understanding the mineralogical potential of the identified gold and copper structures [5]. Future Implications - If drilling results confirm mineralization and grade as expected, it may lead to a robust follow-up program for definition drilling on both targets [6].
SRC Begins Sales from Third Quarry in Brazil
Newsfile· 2025-02-13 14:00
Core Insights - Stakeholder Gold Corp. has commenced sales from its third quarry in Minas Gerais, Brazil, producing white quartzite blocks for international clients [1][4] - The quarry is expected to meet a market demand for high-quality white quartzite, with several buyers already expressing interest [2][5] - The project received commercialization approval from the Agencia Nacional de Mineração (ANM) on December 16, 2024, with production startup delayed due to heavy rains [3] Production and Sales - The quarry aims to produce at least 40 cubic meters of material for sale as blocks and 20 cubic meters for polished slabs, equating to approximately 8,000 square feet [5] - Sales from the first quarry have been strong, with buyers reporting depleting inventory and expected growth in sales through the first half of 2025 [6] Strategic Outlook - The expansion of cash flow from the exotic stone business in Brazil will support the company's gold and copper exploration initiatives in the Yukon Territory, aiming for minimal shareholder dilution [7]
SRC Provides VLF-EM Interpretation for Skye Gold Zone
Newsfile· 2025-01-21 14:00
Core Viewpoint - Stakeholder Gold Corp. has announced positive results from the VLF-EM geophysical survey conducted on its Ballarat Gold-Copper Project, indicating significant potential for gold and copper mineralization in the White Gold District of Yukon Territory, Canada [1][2]. Exploration Program - The 2024 exploration program included a ground-based VLF-EM survey on the Skye Gold Zone, grid soil sampling on the Loki Copper Zone, and a drone magnetic survey across the property [2][3]. - The VLF-EM survey was specifically aimed at aiding structural interpretation within the Skye Gold Zone, covering a total of 2.5 line-km [4][5]. Survey Results - The VLF-EM survey revealed a strong correlation between surface gold zones, interpreted structures from the magnetic survey, and low-resistivity zones, which are believed to be primary structural controls for gold mineralization [6]. - Newly defined structural targets in the Skye Gold Zone are now prioritized for drilling in 2025, with follow-up work planned for gold in soil anomalies in the East Zone, located approximately 2 km east of the Skye Gold Zone [7]. Size Potential - The Skye Gold Zone is characterized by two sub-parallel features extending 1.9 km and 1.3 km, respectively, with enhanced exploration merit for the East Zone due to revised structural interpretations [10]. - The exploration work in 2024 has confirmed the size potential for both the Skye Gold Zone and the Loki Copper Zone, which are strategically located near the planned Northern Gateway Road [10]. Future Plans - The company is considering a 2025 exploration season plan that includes up to 2,500 m of drilling, with 8-10 holes on the Skye Gold Zone and 1-2 holes on the Loki Copper Zone, along with expanded soil sampling and geophysical surveys [11]. Property Overview - The Ballarat Property encompasses 18,741 hectares and is situated in a key area of the White Gold District, adjacent to significant projects owned by major mining companies [12].
SRC Commissions a Third Quarry in Brazil
Newsfile· 2024-12-04 14:00
Company Operations - Stakeholder Gold Corp. has commenced operations at its third quarry in Minas Gerais, Brazil, which will produce white quartzite blocks for cutting and polishing into saleable slabs [1][2] - The quarry is expected to ramp up production quickly, with an anticipated output of 250 cubic meters per month to meet client demand [3][2] - The first test block is currently being produced and will be available for client review by mid-December [3] Production and Financial Outlook - The breakeven sales volume for the quarry is estimated at 30 cubic meters per month, while the first quarry sold approximately 130 cubic meters of blue quartzite in October 2024 [5] - The company expects to return to profitability in Q4 2024, bolstered by the opening of two new quarries, bringing the total to three operating quarries by the end of 2024 [5] - VMC sales in October 2024 reached a new high of USD 200,000, indicating a strengthening market for Brazilian dimensional stone [7] Strategic Initiatives - The cash flow generated from the quartzite business will support minimally dilutive exploration initiatives in the Yukon Territory, Canada, focusing on gold and copper [6] - The company aims to maximize prospective share price performance for shareholders through successful advancement of its exploration initiatives [6]
Pasithea Therapeutics Announces Positive Safety Review Committee (SRC) Recommendation from its ongoing Phase 1 Clinical Trial of PAS-004 in Advanced Cancer
GlobeNewswire News Room· 2024-11-20 12:02
Core Insights - Pasithea Therapeutics has received a recommendation from the external Safety Review Committee to escalate the trial to the next dose level of 15mg capsule due to the absence of dose-limiting toxicities and rashes observed in the initial patients [1][2] - The Phase 1 clinical trial is designed to evaluate the safety, tolerability, pharmacokinetics, pharmacodynamics, and preliminary efficacy of PAS-004 in patients with advanced solid tumors driven by the MAPK pathway [2][3] - PAS-004 is differentiated from first-generation MEK inhibitors by its potential for once-daily dosing and a long half-life of approximately 70 hours, which may reduce toxicity risks [3] Company Overview - Pasithea Therapeutics is focused on developing innovative treatments for central nervous system disorders and RASopathies, with a team experienced in neuroscience, translational medicine, and drug development [4]