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Sitka Gold Corp SITKF


Primary Symbol: V.SIG

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 Oct 31, 2023 2:15am
88 Views
Post# 35708617

RE:RE:RE:Goldinvest conclusion

RE:RE:RE:Goldinvest conclusion I can see math is not your strong suit.  Only one good hole of many just does not add up!  The rest of the holes are either too low grade or too high strip ratio.  Wetcoat dude doing the math requires you understand the math.  If you do not understand the order of operation the math does not work.  

You cannot mine .34 gpt gold!  You cannot mine 58m or .72 gpt gold when you have to go down almost 2 football fields deep to mine it.  Think about it 417m of mineralization from near surface is fantastic but not with a grade of .25.  That is just over 100 gram metres of gold which is fine if you had like 20m of gpt near surface but not when you have to go 4 plus football fields deep for it!

Stay in school!
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