Stakeholder Gold Corp. ("Stakeholder") (TSX VENTURE:SRC) is pleased to announce
that core drilling has commenced on the 200-claim (4,140-hectare) Ballarat gold
property located in the White Gold district approximately 100 kilometres due
south of Dawson City, Yukon. The drilling will test two strong gold-in-soil
anomalies outlined in 2010. Each anomaly appears to trend east-west for a
minimum distance of 1000m on the property. The southern anomaly is the best
defined with maximum values up to 796 parts per billion gold (ppb Au). The
northern anomaly has numerous high values up to 188ppb Au. It is expected that
the drill program will be fully completed by August 15, 2012.


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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.


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