OutlookStakeholder Gold Corp. gained its listing on the TSX Venture Exchange and started trading under the symbol "SRC" on June 21, 2011 following approval of the transaction to spin-out the Yukon assets from Hinterland Metals Inc. Stakeholder's property portfolio was subsequently enlarged in 2011 by staking the Marion and Selwyn properties in the Dawson range. The Sourdough Hill silver property was acquired from local prospectors in November 2012.
The Yukon exploration outlook for 2013 is less encouraging than 2012 due to the very rough state of equity markets for junior resource projects. Exploration expenditures in the territory peaked at $330-million in 2011, declined significantly in 2012 and will probably be lower in 2013. After decades of being an exploration backwater however, Yukon now has several producing mines, a number of advanced projects and many promising early stage projects. It is certain that Yukon's mining and exploration industry will remain relatively stable over the next few years. Stakeholder is well positioned to participate in this new mining rush with a strong portfolio of properties and an experienced technical team. Presently the Company is facing exceptional challenges in the financial marketplace and accordingly it expects that only limited exploration work will be accomplished in 2013. The Sourdough Hill silver property will be Stakeholder's main focus.