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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

Post by givemeabreak1on Oct 22, 2023 12:04am
155 Views
Post# 35695077

Nonsense!

Nonsense!Same old same old story!  I keep hearing they are operating with a mine nearby as if that is some kind of holy grail?  In the case of a low grade deposit it is absolutely meaningless as 2 of the 3 largest costs are labour and fuel and neither changes.  In fact, moving these grades more than say 10 km is impossible unless you are talking $2500 plus gold.  Fuel and labour are just too high!  So it needs to be a stand alone operation! 
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