Gold explorer Sitka Gold (WKN A2JG70 / TSXV SIG) continues to observe increasing amounts of visible gold at its RC Gold Project in Yukon, including in the new Rhosgobel target area, located 5 kilometers south of Sitka’s Blackjack gold deposit. To date, every one of the nine drill holes there has shown RIRGS mineralization (Reduced Intrusion Related Gold System) with visible gold!
And with these drillings at Rhosgobel – a total of 2,326 meters – Sitka has now demonstrated gold mineralization over a strike length of 250 meters, with the mineralization extending from the surface to a depth of approximately 350 meters – and remaining open in all directions! Sitka is, of course, continuing drilling to more precisely define the extent of the Rhosgobel mineralization.
Sitka Gold Aims to Increase Continuity of High-Grade Mineralization within the Resource
Additionally, Sitka has already completed 21 drill holes this year, totaling 8,334 meters, in the Blackjack and Saddle deposit areas. With these, the company primarily aims to expand the already defined resource laterally and at depth. Some of these drill holes are also designed to increase the continuity of higher-grade mineralization within the resource. An example is drill hole DDRCCC-25-075, which showed 45.0 meters of 4.52 g/t gold as part of a broader interval of 352.8 meters of 1.55 g/t gold.
At Blackjack, all drill holes to date have intersected mineralized, sheeted veins in both megacrystic quartz monzonite and metasedimentary rocks – and visible gold was observed in multiple locations in most of these drill holes. Notably, drill hole DDRCCC-25-099, one of the westernmost drill holes at Blackjack to date, showed visible gold in dozens of locations within well-mineralized megacrystic quartz monzonite!
At the Saddle Zone, Sitka Gold, however, aims to expand the extent of mineralization discovered with drill hole DDRCCC-23-054, which yielded 84.0 meters of 1.21 g/t gold from surface. Interestingly, all drill holes in the Saddle Zone are located within the conceptual open pit area defined during the resource estimate for Blackjack. This means that any gold mineralization identified with these drill holes has the potential to expand the existing resource!
All Saddle drill holes have intersected mineralized, sheeted quartz veins within a megacrystic quartz monzonite sill and in the adjacent metasedimentary rock, with numerous instances of visible gold observed. The quartz monzonite sill trends approximately east-west, dips to the north, and varies in thickness between 10 and 15 meters. It has now been defined by drilling over 350 meters.
In the Eiger Zone, Sitka Gold has already completed eight drill holes this year, totaling 3,386 meters. The goal is to expand the existing resource to the east, west, and at depth. Furthermore, as the company explains, all drill holes have intersected mineralized quartz veins in Eiger Diorite and the surrounding metasedimentary rock, and visible gold has been observed in numerous locations. In fact, numerous instances of visible gold have been observed in six of the nine drill holes completed so far this year!
Sitka Gold Has Already Completed more than Half of 30,000 Meters of Drilling
Sitka CEO Cor Coe is also impressed that visible gold was observed in almost all drill holes completed by the company this summer. Mr. Coe, usually more reserved, even stated: “In my career, I have worked on many gold projects with intrusions and have never encountered a system of this magnitude where such an abundance of visible gold mineralization is present in drill core over such a large area.”
Sitka Gold continues to make excellent progress with its 30,000-meter summer drilling program, having already completed half of it. Now the company – and certainly many shareholders – are eagerly awaiting the assay results from the Rhosgobel drillings, as well as the numbers from the Blackjack, Saddle, and Eiger targets. Not to mention what the second half of the drilling program might still bring.
