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Bullboard - Stock Discussion Forum 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... see more

TSXV:SIG - Post Discussion

Sitka Gold Corp > Goldinvest conclusion
View:
Post by Westcoastwalker on Oct 30, 2023 11:50am

Goldinvest conclusion

Conclusion: With the least possible effort, Sitka has succeeded in recent years in proving that its Alpha project on the southwest margin of the Cortez Trend has all the characteristics that distinguish large Carlin-type gold deposits in Nevada. This type of deposit in Nevada is so famous because it hosts some of the largest and most profitable gold mines in the world. This is because the gold mineralisation in these mines is structurally bound for kilometres due to its depositional history, making it particularly well suited for industrial mining. If Sitka does indeed succeed in finding the high-grade core of the Carlin system this time – at comparatively shallow depths to boot – it would be the final link in the long chain of evidence for a potential world-class project. After all, the target corridor defined by Sitka is 7.5 km long. We look forward to the results and the potential rerating of the company that might stem from it.
Comment by Bullroarer123 on Oct 30, 2023 1:36pm
Ahmen Stock Watcher!
Comment by Bullroarer123 on Oct 30, 2023 1:41pm
Sorry fore the error, that should read "Walker", not Watcher.
Comment by Westcoastwalker on Oct 31, 2023 12:25am
Do the math 54 holes 2 dusters !  As an explorer that's a pretty good track record 
Comment by givemeabreak1 on Oct 31, 2023 2:15am
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 ...more  
Comment by givemeabreak1 on Oct 30, 2023 10:26pm
My neighbors wife has all the characteristics that distinquishes her as a large Carlin-type deposit too but that does not make it anymore or less possible.  All filler words to say well not much of any substance.   Wetcoatwank You do realize Goldinvest has a self interest right?  Their report and conclusions are those of the company! Pursuant to §34b WpHG and §48f ...more  
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