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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 May 22, 2024 12:23pm
124 Views
Post# 36052153

RE:RE:RE:Sitka Gold Drills

RE:RE:RE:Sitka Gold DrillsSolid Result well sort of I guess but far from exciting!  The problem with the hole is well over 50% of the gold is found in relatively narrow high grade at the bottom of the hole.  You have no idea especially when it gets that deep and it is narrow at what angle you are cutting through the mineralization to assess true width.  Are you going to dig that deep to get to the high grade very unlikely unless you are working your way down hole in a very large very deep pit!
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