The mining newspaper for Alaska and Canada's North

Stakeholder nabs Ryan's expertise

Stakeholder Gold Corp. April 23 reported that renowned Yukon Territory prospector and innovator Shawn Ryan has agreed to join its exploration advisory committee.

Ryan will provide guidance for exploration of Stakeholder's Ballarat gold property and other strategic initiatives in the White Gold District, Yukon.

"Shawn Ryan is an experienced and proven discoverer of gold deposits in the Yukon, and the company he founded, GroundTruth Exploration Inc., has developed some of the most advanced and cost-effective methods of exploring for mineral assets - particularly, but not exclusively, gold occurrences," said Stakeholder CEO Chris Berlet.

Located 75 miles (120 kilometers) southeast of Dawson City, Ballarat is situated between Kaminak Gold Corp.'s Coffee Property and Kinross Gold Corp.'s Golden Saddle Property.

Stakeholder and others have completed some exploration at Ballarat, including a five-hole drill program completed in 2011.

GroundTruth is reviewing geological data for furthering exploration at Ballarat.

"We are happy to be involved with the Ballarat project, which we believe hosts meaningful potential for discovery of another economic gold deposit in the Yukon," said Ryan.

GroundTruth will be applying its industry leading technologies - such as the GT Probe, the GT RAB Drill and the exploration applications developed for the UAV Drone - to the exploration of Ballarat and for other exploration projects in the White Gold District.

-SHANE LASLEY

 

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