Sitka Gold Corp V.SIG

let me clarify

[garland]

first off , hole 22 was drilled further to the SE of the discovery hole and found  gold with a pocket of lower grade ore . it will take 50 holes tohave an understanding of the size of this pit but 46 m of overburden will not be a concern locally. -   IMHO this hole should have gone deeper and suggests to  stay away from drilling  further to the SE for the moment,   BUT the holes to come  - - -  hole 23 drilled directly underneath discovery hole at 60 incline -going deeper found vg and should be a good hole!  - hole 24 goes straight west should continue in the granite and the  good ore that hole 21 found,  -  and hole 25 is a big stepout to the NE ( significant exploration) and  will define what is happening to the NE . The way I see this, every hole drilled will help define this deposit which will be large ! hole 22 found gold but tells us to move away from going much further to the SE  at the moment ( although ..26 g/t would eventually just be incorporated into all the numbers and mined regardless if it is just a small pocket of poor ore) We just need to keep finding good thick intercepts of gold and concentrate there.  Once we have more info, then we know precisely where to concentrate drilling ( ie spring program)

The next results will define this deposit or at least send us on our way . as long as some of the ore is at surface ,  ore  is required at surface to make this work as a a large bulk tonnage deposit

Everyone always want continual big hits all the time but this never happens with these types of deposits What you don't want are complete duds ( no intercepts of gold) - that hurts and IMHO I feel we will not see that

[Westcoastwalker]

Thanks  Garland. Lots of info there. I wonder if all the holes on Saddle/Eiger were deep enough. No question there is a feeder system here. I also agree the next holes should represent 21/21 at least and hopefully better. There seems to be such an effort to keep the sp in this range that speaks volumes to me. Time will tell

[givemeabreak1]

I am not sure why you guys seem to think they should be drilling deeper?  Needless to say that makes no sense when you are trying to get to a first resource of a large low grade open pit.  More is better and the deeper you go the higher the cost and the less holes you can afford.  Additionally, the holes were plenty deep at approx 365 m..... Needless to say you start to dig deeper