Stakeholder Acquires Sourdough Hill Silver Property in Keno

Stakeholder Acquires Sourdough Hill Silver Property in Keno Hill
Silver Camp, Yukon 
VAL D'OR, QUEBEC -- (Marketwire) -- 10/24/12 -- Stakeholder Gold
Corp. ("Stakeholder") (TSX VENTURE:SRC) is very pleased to announce
that it has entered into an arm's length agreement with a syndicate
of local prospectors (the "Vendors") whereby it may earn a 100%
interest in the 23-claim Sourdough Hill property located in the Keno
Hill Silver Camp of central Yukon approximately 330 km north of
The Keno Hill Silver Camp is historically one of the world's
highest-grade silver districts with past production from more than 35
deposits. Between 1913 and 1989 the Camp generated more than 217
million ounces of silver from over 5.3 million tons of ore with
average grades of 40.52 ounces per ton of silver, 5.62% lead and
3.14% zinc (Geology Yukon Minfile database) making it the
second-largest historical silver producer in Canada. In 1989, falling
metal prices forced United Keno Hill Mines Ltd. ("UKHM") to
discontinue mining. In February 2006, UKHM's assets were purchased by
Alexco Resource Corp. ("Alexco") and in January 2011 silver
production resumed in the Camp with the opening of Alexco's Bellekeno
silver-lead-zinc mine and mill complex. Today, the Camp continues to
boast significant mineral resources at grades far in excess of most
of the world's primary silver producers. 
The Sourdough Hill property lies directly south of and adjacent to
the operating Bellekeno mine where Alexco reported silver production
of 514,879 ounces during the second quarter of 2012 as well as 4.5
million pounds lead and 1.2 million pounds zinc (Alexco Press Release
- October 15, 2012). Current silver resources for Bellekeno are
stated at 8,091,000 ounces indicated and 1,143,000 ounces inferred
( Its proximity to Bellekeno is not
necessarily indicative of any mineralization on the Sourdough Hill
property. However, there is no record of systematic, modern
exploration work and Stakeholder intends to complete a comprehensive
exploration program on the property with the goal of discovering an
economic deposit of silver-lead-zinc.  
Under the terms of the agreement, Stakeholder will have the option to
earn a 100% interest in the Sourdough Hill property by paying
$300,000 c
ash, issuing one million shares and completing $1,000,000
of work scheduled over a four year period. The agreement is subject
to approval by the TSX Venture Exchange upon which Stakeholder will
make an initial payment of $25,000 and issue 200,000 shares to the
Vendors. The property will be subject to a 2% net smelter returns
royalty (the "Royalty"). Stakeholder will have the right to purchase
one-half of the Royalty (i.e. 1.0% NSR) for $1,000,000. The Vendors
will receive a $15,000 annual advance royalty payment to start when a
measured mineral resource equal to or greater than 2.0 million ounces
of silver equivalent using a cut-off grade of 15 ounces silver per
ton is disclosed in a National Instrument 43-101 compliant report. 
"This is a major change in direction for Stakeholder from grassroots,
helicopter-borne exploration in the relatively unproven White Gold
area to the well-established Keno Hill Silver camp with its long
history of mining and excellent infrastructure," commented Mark
Fekete, President and CEO. 
Shares Issued 40,971,641 
To view the map of the Sourdough Hill property, please click on the
following link: 
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This release may contain forward-looking statements that are subject
to known and unknown risks and uncertainties that could cause actual
results to vary materially from targeted results. Such risks and
uncertainties include those described in the Company's periodic
reports including the annual report or in the filings made by the
Company from time to time with securities regulators. The Company
undertakes no obligation to publicly release the result of any
revision of these forward-looking statements to reflect events or
circumstances after the date they are made or to reflect the
occurrence of an unanticipated event. 
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. 
Mark Fekete
Ext. 210, Toll Free 1-877-874-8182
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