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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

Comment by givemeabreak1on Jun 13, 2023 2:30pm
74 Views
Post# 35494257

RE:pp

RE:ppI like RC!  I hate all the cash they are burning at the other properties.  They need to do a large program at RC but would need to do a financing as their cash position is not that great.  I mentioned earlier that in my opinion they likely have about 2 million at months end.  Then take into account commitments to other programs that only leaves enough for a very small drill program.  I am thinking a financing in the next 6 to 8 weeks.  
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