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Sitka Gold Corp V.SIG

Alternate Symbol(s):  SITKF

Sitka Gold Corp. is a Canada-based mineral exploration company. The Company’s projects include RC Gold, Alpha Gold, Coppermine River, Burro Creek and OGI. The RC Gold Project, comprised of the RC Gold, Mahtin, Clear Creek and Barney Ridge properties, is a district-scale, contiguous land package of 1,891 claims covering approximately 376 square kilometers. The Alpha Gold Property is located along the southeast projection of the prolific Cortez Gold Trend in Eureka County, approximately 135 kilometers (km) southwest of Elko, Nevada. The property is comprised of 239 contiguous claims covering an area of approximately 4,780 acres and is accessible via a dirt road, approximately two km west of Nevada State Highway 278. The Burro Creek Gold Project is located 105 km by road southeast of Kingman, Arizona, in southeastern Mohave County, approximately 265 km southeast of Las Vegas, Nevada and 200 km northwest of Phoenix, Arizona. The OGI Property consists of 99 quartz mining claims.


TSXV:SIG - Post by User

Comment by givemeabreak1on May 12, 2021 1:27am
92 Views
Post# 33180609

RE:RE:RE:any truth to this?

RE:RE:RE:any truth to this?I am going to take a stab at this!  Personal opinion but no more drilling at Alpha until the fall/winter.  As near as I can figure they will be concentrating on the Yukon for the near term.  If you really believed Alpha was that good you jump right in with more drilling.  In fact you postpone the Yukon and spend the funds and meters accordingly.  Common sense says we all know that is not going to happen! 

I like the Yukon results last year great for early results fantastic widths grades not economical on their own at this point.  They need some higher grade holes to average up and they could hit some.  It is appearing like it might be a large system so time will tell.

My guess they are going to concentrate on the Yukon.  That said alot of shares hit the board long before they get drill results from anywhere so they need gold prices to stay strong or get stronger or there will be pressure in 6-8 weeks drag at the current price or move lower.  Just one mans opinion!
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