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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 Betteryear2on Jul 15, 2024 8:48am
130 Views
Post# 36132641

Sitka Intercepts Strong Mineralization

Sitka Intercepts Strong Mineralization
  • Multiple occurrences of visible gold within sheeted quartz veins observed in recently completed drill holes with the most abundant visible gold seen in the metasedimentary rocks in drilling to date
  • Abundant sheeted quartz veining in both intrusive and metasedimentary rocks intersected in all drill holes
  • Second drill mobilized to site

Vancouver, British Columbia--(Newsfile Corp. - July 15, 2024) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") is pleased to announce that visible gold has been observed multiple times in recently completed diamond drilling currently underway at the southern extent of the Blackjack Zone at the Company's flagship RC Gold Project ("RC Gold" or the "Project") in Yukon, Canada. Visible gold within metasediments intruded by multiple megacrystic quartz monzonite dykes was observed numerous times in DDRCCC-24-061 (Hole 61) and in DDRCCC-24-062 (Hole 62) which were drilled to a depth of 411.5 metres and 530.0 metres respectively. Drilling at DDRCCC-24-063 is currently underway and is an additional 100 m step out south from Hole 62 to test the projection of higher-grade gold mineralization along the newly identified Blackjack Mineralized Corridor south of the Blackjack gold deposit (see Figure 2). Six drill holes totalling 2,636 metres have been completed to date this year and a second drill rig has been mobilized to the Project site in anticipation of drill testing additional high-priority targets within the recently consolidated Clear Creek Intrusive Complex (Figure 2) along with other drill ready targets located across the 431 square kilometre, road accessible Project this summer.

Sitka Intercepts Strong Mineralization Including Visible Gold at Its RC Gold Project, Yukon (newsfilecorp.com)

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