Further expansion and definition of Clear Creek Intrusive Complex targeted
Canadian gold explorer Sitka Gold (WKN A2JG70 / CSE SIG) is getting ready to build on the exploration successes of 2023. The initial focus is on the extremely promising RC Gold project, which already has a resource of well over 1 million ounces of gold. Sitka plans to drill a total of 15,000 meters there, split between a winter and a summer drilling program.
And as CEO Cor Coe’s company has now announced, the team and drill rig are already being moved to the project located in the Tombstone Gold Belt (Yukon). Unlike many other projects in the Yukon, RC Gold has year-round access, allowing Sitka to start the new drilling season very early.
The winter drill program now announced is intended to follow up on last year’s extension drill hole DDRCCC-23-047, which returned 1.34 g/t gold over 219 metres, including 124.8 metres of 2.01 g/t gold and 55 metres of 3.11 g/t gold, the highest grade mineralization intercept Sitka has encountered on the project to date. The spectacular drill hole is located on the southern edge of the so-called Blackjack Zone and is expected to be the starting point for a further extension of RC Gold’s known mineralization.
Pl an map of the Northern Extent of the Clear Creek Intrusive Complex where several drill intervals and surface samples have demonstrated the high-grade nature of the Reduced Intrusion Related Gold System present. Yellow stars indicate where outcrop rock samples or drill hole intervals have returned >10 g/t g old. Several additional targets with the potential to host intrusion related gold deposits of significant size and grade have yet to be drilled within this approximately 3 km x 5 km area.
Further expansion and definition of Clear Creek Intrusive Complex targeted
Overall, the goal of the drilling planned for 2024 is to further expand and define the very prospective area of the Clear Creek Intrusive Complex. This is where the already defined Blackjack and Eiger deposits are located, which remain open in all directions at Sitka. In addition, the company plans to advance drill-ready targets at other locations on the 386 square kilometer property this year.
“After the success of 2023, we are very excited to be back at RC Gold to kick off exploration activities in 2024,” said Cor Coe, CEO of Sitka. “With year-round road access to the project, we can get an early start this year to continue advancing discoveries at RC Gold. The first drill holes of the year are designed to follow up on the exceptional grades we have found in the southern portion of our Blackjack Zone. Drilling is expected to commence in the coming days as we seek to expand this high-grade gold zone to the southeast of the current deposit.”
Conclusion: We are pleased that Sitka Gold is already starting further exploration of RC Gold and will hopefully be able to come up with further strong drill results in the not too distant future - which will hopefully indicate further growth of the existing resource. In addition, the company has another hot potato in the fire with its Alpha project in Nevada. We are excited to see what progress will be made there this year.
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