Stakeholder Enhances Bass River Terms and Provides Exploration Update

Toronto, Ontario -- (Newsfile Corp. - May 15, 2014) - Stakeholder Gold Corp. (“Stakeholder” or the “Company”) (TSXV: SRC) is pleased to announce that it has amended its option agreement with Cogonov Inc., increasing its right to purchase an interest in the Bass River IOCG exploration project in Nova Scotia, Canada from 51% to 70%. The Company is also pleased to report on the planned 2014 exploration program for the Bass River claim group, which is set to commence imminently.

Stakeholder has agreed with Cogonov Inc. for rights to purchase a total of 70% interest in the Bass River project pursuant to completing the work required to qualify for a 51% interest as previously announced on January 22, 2014 and March 31, 2014. If the exploration program is successful, and if Stakeholder wishes to expand interest in the project to 70%, the Company may do so by making a cash payment of $3.5M CAD to Cogonov Inc. within 6 months of completing the 51% earned interest and by making a share payment of 2,000,000 common shares of Stakeholder at a value of $500,000 by December 31, 2014. This modification to the existing earn in agreement allows Stakeholder to increase ownership interest in the property to a total of 70% pursuant to completion of the 51% earn in. The amendment to the option agreement and the share issuance is subject to TSX Venture Exchange approval.

The summer 2014 exploration program on the Bass River IOCG exploration project will follow up on airborne VTEM (Versatile Time Domain Electromagnetic) anomalies first identified and delineated by Cogonov Inc. in 2012. Subsequent modeling of the geophysical data, performed by Minotaur Exploration Limited (Australia), has prioritized 5 distinct target areas. Recommendations now include soil and outcrop sampling and drill testing. Detailed mapping and prospecting in areas of the defined VTEM anomalies will be completed first. This will be complimented by soil geochemistry and ground geophysics (Pulse EM.). Upon receipt of the ground geophysical data, Minotaur will conduct additional processing, including three dimensional and inversion modeling, to select locations for drill collars.

Ground exploration will be conducted on gravity anomalies found along the Cobequid Chedabucto Fault Zone that were initially delineated by Minotaur. These targets are located along the Bass River magnetic linear, and consist of magnetite-sulphide-breccia bodies which locally contain copper mineralization. These are high priority targets for magnetite breccia style mineralization.

The Company expects to begin exploration in the next few weeks. Ground geophysics for drill target definition will follow receipt of geological and geochemical data.

The program is being managed by Cogonov Inc. with oversight provided by their Technical Advisory Committee comprised of Dr. Tony Belperio (Minotaur Exploration Limited (Australia)), Dr. Murray Hitzman (Colorado School of Mines) and Dr. Clifford Stanley (Acadia University).



For more information, please contact

Stakeholder Gold Corp.
Christopher J. Berlet, CFA, President & CEO
416 525-6869
manager@mineralprices.com