Resource growth to be accelerated
Sitka Gold (WKN A2JG70 / TSXV SIG) has already started its 2025 diamond drilling program on the 100% company-owned RC Gold Project in the Tombstone Gold Belt in Yukon. This 30,000-meter program primarily aims to expand the Blackjack gold deposit, test mineralization in the Clear Creek Intrusive Complex (CCIC), and explore targets such as Eiger, Saddle, Rhosgobel, Contact, and Pukelman.
“This is our largest drilling campaign to date,” said CEO Cor Coe, pointing out that the 2025 drilling will more than double the total meters drilled on RC Gold. The Blackjack deposit, which currently hosts an indicated resource of 1.3 million ounces at 1.01 g/t Gold and an inferred resource of 1.04 million ounces at 0.93 g/t gold and is open in all directions, will be the focus of activities. Sitka also wants to follow up on recent discoveries, including 119.0 m at 1.05 g/t gold at the Rhosgobel target, with intersections of 37.9 m at 2.05 g/t gold and 11.5 m at 4.32 g/t gold, as well as robust intrusion-related gold at the Pukelman target, which shows similarities to Blackjack.
Exploration Plans 2025
Blackjack, Saddle, and Eiger
15,000 meters will focus on expanding the Blackjack, Saddle, and Eiger deposits. Winter drilling will laterally expand Blackjack and target the high-grade zone discovered in drill hole 68, which yielded 678.1 m at 1.04 g/t gold, including 93.0 m at 2.57 g/t gold and 5.5 m at 17.59 g/t gold. The best intersection yielded 1.5 m at 54.80 g/t gold at 598.5 meters.
In summer, drilling will continue at Eiger (current resource of 440,000 ounces of gold) and Saddle, the strongest gold-in-soil anomaly within the CCIC. Strong drill results from 2023 at Saddle include 84.0 m at 1.21 g/t gold, including 4.0 m at 5.12 g/t gold and 51.1 m at 1.52 g/t gold. East of Blackjack, drill hole DDRCCC-23-046 yielded 56.0 m at 1.23 g/t gold and 38.2 m at 4.15 g/t gold, including 4.3 m at 33.10 g/t gold and 1.2 m at 108.00 g/t gold.
Rhosgobel – Pukelman
The remaining 15,000 meters will address the Rhosgobel and Pukelman targets. In late 2024, drilling at Rhosgobel confirmed gold to a depth of 300 meters, with the best results being 119.0 m at 1.05 g/t gold, including 37.9 m at 2.05 g/t gold and 11.5 m at 4.32 g/t gold. The 1.5 km x 2 km soil anomaly and historical near-surface drilling suggest significant deposit potential.
Drilling at Pukelman in 2024 confirmed similar gold mineralization to Blackjack, 2.5 km to the north. Historical results in the Contact Zone include 10.7 m at 20.46 g/t gold (CC10-02), and surface samples from 2024 yielded up to 67.90 g/t gold. Additional drilling will refine these targets.
Further exploration is planned on the Bear Paw Breccia, Barney, Josephine, and Big Creek deposits. With this fully funded program, Sitka aims to accelerate the growth of the RC Gold Project.
It looks like Sitka shareholders and interested parties are in for an exciting drilling season, which not only takes place in an almost perfect gold price environment but will also begin before most other explorers can even prepare.
