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

Sitka Gold Corp > Anyone in this .... Missed this one LGC

<< Previous

Bullboard Posts

Next >>

Comment by givemeabreak1on Aug 30, 2023 10:04pm

138 Views

Post# 35613106

RE:Anyone in this .... Missed this one LGC

Or how about Thesis!
Over 3 million ounces and counting. Robust PEA adding at depth and a second deposit! Currently conducting a 50,000 metre drill program and sitting on 20 million plus cash! Here is the results of the first few holes! Easily a Tier 1 Canadian Deposit might be one of the best in the west! Lots of silver mixed in with the gold for those silver bugs!

Highlights

Assay results from three completed Dukes Ridge drill holes that intersected broad intervals of mineralization include (Table 1):
- 23DRDD001: 45.00 meters (m) of 1.03 grams per tonne gold (g/t Au) and 51.53 g/t silver (Ag), or 1.67 g/t gold equivalent (AuEq*) beginning at 376 m hole depth.
- 23DRDD002: 68.00 m of 1.25 g/t Au and 65.65 g/t Ag, or 2.07 g/t AuEq*
- 23DRDD003: 53.00 m of 2.12 g/t Au and 104.95 g/t Ag, or 3.43 g/t AuEq* including a 16.52 m wide zone of 9.68 g/t AuEq*