Toronto, Ontario--(Newsfile Corp. - August 17, 2023) - Stakeholder Gold Corp. (TSXV: SRC) ("Stakeholder" or the "Company") is pleased to announce the completion of preliminary steps required for the startup and commissioning of a second operating quarry in the State of Minas Gerais, Brazil. The Company has been operating a single, profitable, blue quartzite quarry since January of 2021 and is anticipating the startup and commissioning of 2 new quarries in the second half of 2023. Further quarries are planned to follow in 2024 and beyond.

Work at the second quarry (Quarry 2) has commenced. The rock face has been exposed (see Figure 1 below) and 2 test blocks have been extracted and are being cut and polished in order to produce a set of 10-15, 2cm thick slabs. These slabs will be ready for market testing and evaluation by mid-September. The quartzite material found in Quarry 2 has a blue and white colour scheme, which combines with yellows and browns near to surface where water has infiltrated the formation.

"The material exposed demonstrates alluring aesthetics and durability, characteristics which are suggestive of a new highly marketable material. This new material is amenable to quarrying and sale into Brazil's flourishing exotic stone market. see & read more on
https://www.newsfilecorp.com/release/177521/SRC-Advances-on-Second-Operating-Quarry