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.

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Sitka Gold Corp > That’s some comparison!

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Post by Westcoastwalkeron Mar 25, 2022 2:10pm

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Post# 34546334

That’s some comparison!

Conclusion: The comparison with the Donlin Creek mega project from the mouth of Sikta CEO Cor Coe does show there is no false modesty, here. Coe is aiming high, because the Donlin gold deposit in the Yukon is one of the largest and also highest-grade open-pit gold projects in the world. Donlin Creek is now owned 50/50 by Nova Gold and Barrick Gold. Nova Gold cites a global resource of 551 million tonnes in both Measured & Indicated categories with average gold grades of 2.24 g/t gold. Total reserves are currently estimated at 39 million ounces of gold. These are truly high aspirations! Even a fraction of that would be enough to completely revaluate Sitka's stock

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