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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 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.


TSXV:SIG - Post by User

Post by garlandon Aug 25, 2022 7:22pm
340 Views
Post# 34921278

my take on RC deposit phase 2 drilling ( to be announced)

my take on RC deposit phase 2 drilling ( to be announced)hole 26 - long hole to the southeast wide open exploration ( unknown area) could add large                            reserves to the south southeast
holes 27 and 28 -  shallow holes will increase strike length to the west, wide open exploration could                 add large reserves
hole 29 - infill to the west  should be thick and resemble hole 25
hole 30 - deep hole to the northwest wide open exploration should resemble holes 002 and 007
hole 31 - contains vg critical hole to the east should be thick and resemble hole 25
hole 32 - far eastern hole 250 m extension (unknown area ) wide open exploration may tie into hole                35 could add large reserves towards the east
hole 33 - deep hole to the southwest wide open exploration could add large reserves to the                                 southwest
hole 34 - shallow hole wide open exploration to the north and east ( could tie into hole 35) could                         add   reserves in all directions and at depth ( new discovery?)
hole 35 - contains vg would be a new discovery or a very long ( 400m) eastern strike extension                              important hole as it adds alot of new reserves in all directions and at depth if not a                         new zone
hole 36 - contains two zones of vg deep hole to the northwest should be thick and resemble holes                     21    and 23
hole 37  - contains vg  infill central should be thick and resemble holes 22 and 23
hole 38 - contains vg the deepest hole ( 545m) undercuts hole 25 should be thick and identical to                     hole 25 having good grade and thickness  ( could be our glory hole)
hole 39 - contains vg deepest occurrence of vg to date (417m) northeast extension should be thick                    and extend the deposit to depth (400m level) should resemble holes 25 ,002 and 007                            would add big reserves at depth could be our second glory hole
hole 40 - contains vg shallow central infill should be thick and resemble hole 22


All this points to a very interesting and informative release and will undoubtedly determine what the RC deposit will become  -  excellent initial program!  - stock activity is certainly suggesting something very positive!!
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