- Sitka Gold (TSXV:SIG) has revealed assay results from its ongoing diamond drilling program at its RC Gold Project in Yukon
- Results include hole 68 returning 678.1 metres of 1.04 grams per ton (g/t) gold from surface, including 409.5 metres of 1.36 g/t gold, 93 metres of 2/57 g/t gold and 5.5 metres of 17.59 g/t gold
- Hole 67 returned 99.2 metres of 1.01 g/t gold including 2.5 metres of 18.39 g/t gold
- Shares of Sitka Gold are up 4.04 per cent to C$0.515 as of 12:07 pm ET
Sitka Gold (TSXV:SIG) has revealed assay results from its ongoing diamond drilling program at its RC Gold Project in Yukon.
The company highlighted in a news release results from hole 68, which returned 678.1 metres of 1.04 grams per ton (g/t) gold from surface, including 409.5 metres of 1.36 g/t gold, 93 metres of 2/57 g/t gold and 5.5 metres of 17.59 g/t gold.
Meanwhile, hole 67 returned 99.2 metres of 1.01 g/t gold including 2.5 metres of 18.39 g/t gold.
“As the deepest hole ever drilled into this system, hole 68 has significantly extended the gold mineralization at Blackjack, approximately 200 metres below any previous drilling, and demonstrates the potential for higher-grade mineralization to continue deeper in what appears to be a higher-grade component of this gold system and current drilling is focused on expanding this exciting new zone,” Cor Coe, CE of Sitka Gold, said in a statement.
Coe added that the company is waiting for additional assay results from the Blackjack deposit as well as its initial drill holes at the Rhosgobel and Pukelman targets south and southeast from the Blackjack area.
To date, 72 diamond drill holes have been drilled at the property for a total of approximately 26,946 metres including 18 drill holes totalling 8,068 metres completed in 2024 focused on expanding the initial resource.
Sitka Gold is focused on exploring for economically viable mineral deposits with its primary emphasis on gold, silver and copper mineral properties of merit.
Shares of Sitka Gold (TSXV:SIG) are up 4.04 per cent to C$0.515 as of 12:07 pm ET.
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(Top image: Sitka Gold)