Sitka Gold (SIG) – Outstanding Assays will Determine New Targets
Interview with Mike Burke, VP of Corporate Development for Sitka Gold (CSE: SIG)
Our previous interview: https://youtu.be/394Ix_-jKis
Recording date: 24th October 2022
Sitka Gold Corp. is a Canadian based mining exploration company focused on maximizing shareholder value through the discovery and development of district-scale mineral deposits. The Company currently owns a 100% interest in the Alpha Gold Property, located in Nevada’s prolific Carlin-type gold domain, the Mahtin Gold Property which is part of the RC Gold Project, an Intrusion Related gold target in the heart of the Tintina Gold Belt in Yukon, and the Coppermine River Property located in northwestern Nunavut. The Company also has an option to acquire a 100% interest in the RC, Barney Ridge and Clear Creek Properties, which together with the Mahtin Gold Property comprise the RC Gold Project in Yukon, the OGI Silver-Zinc-Gold Property, also located in Yukon, and the Burro Creek Gold Property, a low sulphidation epithermal gold and silver project located in west-central Arizona that contains a historical gold/silver resource estimate and was permitted for production in the late 1980’s.
0:00 – Company Overview
1:00 – Company Updates
2:14 – Reason for “Slowing Things Down” at the RC Gold Property
3:59 – Strategy for Moving the Company Forward
6:19 – Getting the Timing Right and Wisely Managing Cash
6:54 – Optionality in Raising Capital
10:50 – Thoughts about the Company’s Nevadan Asset
11:45 – Designing the Next Phase of Drilling at the RC Gold Property
14:05 – Plans for the Burro Creek Gold Property
16:00 – Strategy in Risk Mitigation with regard to Cash Allocation
18:44 – Defining a Mining “Discovery”
21:17 – Optionality toward the Company’s Copper Asset
24:41 – Outro
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