Sitka Gold Corp V.SIG

Alternate Symbol(s): SITKF

Metals & Mining Gold

Sitka Gold Corp. is a Canada-based mineral exploration company. The Company’s principal business activity is the exploration for mineral resources in North America. The Company’s projects include RC Gold, Alpha Gold, Coppermine River, and Burro Creek. 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 431 square kilometers. Alpha Gold Property, located along the southeast projection of the prolific Cortez Gold Trend in Eureka County, approximately 135 kilometers southwest of Elko, Nevada. The Burro Creek Gold Project is located 105 km by road southeast of Kingman, Arizona. The Company through its wholly owned subsidiary Arctic Copper Corp., holds approximately 7,500 hectares of mining claims in two separate claim blocks in the Coppermine River area in Nunavut that exhibit potential to host economic grades of copper and silver mineralization.

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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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