Bullboard - Stock Discussion Forum 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... see more

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Sitka Gold Corp > Sitka Gold Encounters Multiple Observations of Visible Gold

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Post by Betteryear2 on Oct 09, 2024 4:26pm

Sitka Gold Encounters Multiple Observations of Visible Gold

Multiple instances of visible gold observed in drill core from first diamond drill holes ever completed at the Rhosgobel reduced intrusion-related gold deposit target located 5 km south of the Blackjack gold deposit.
Gold mineralization appears to extend at least 250 metres below the extent of historical drilling.
Large zones of reduced intrusion-related sheeted veins and breccias intersected below historical drilling.
11 instances of visible gold observed in hole DDRCRG-24-002.

Vancouver, British Columbia--(Newsfile Corp. - October 9, 2024) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") is pleased to announce that several instances of visible gold have been observed in the first two diamond drill holes ever completed at the Rhosgobel reduced intrusion-related gold deposit target, located approximately 5 kilometres south of the Blackjack gold deposit, at its year-round road accessible RC Gold Project in Yukon. The 2024 drilling at Rhosgobel suggests that gold mineralization continues for at least 250 metres beyond the depth of previous reverse circulation drilling that had ended in mineralization at a depth of 70 metres. Assay results for these drill holes are pending. The Company currently has two drills operating at its RC Gold property and is awaiting analytical results for other completed drill holes, including drill hole DDRCCC-24-068, which returned over 40 instances of visible gold from near surface (4 metres) to 680 metres depth (see news release dated September 11, 2024).

Sitka Gold Encounters Multiple Observations of Visible Gold in First Two Diamond Drill Holes Ever Completed at the Rhosgobel Intrusion at Its Flagship RC Gold Project in Yukon (newsfilecorp.com)

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