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Sitka Gold Corp. (English)

07. Juni 2023

Zugriffe: 1581

With clockwork reliability, Sitka Gold Corp. (CSE:SIG; FSE:1RF; OTCQB: SITKF) is delivering one successful drill result after another at its RC Gold Project in the Yukon. Step-out drill hole DDRCCC-23-042, the second hole of the 2023 drill program, was also a hit with promise.

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Sitka Gold Corp. (English)

24. Mai 2023

Zugriffe: 663

For Sitka Gold Corp (CSE: SIG; FSE: 1RF; OTCQB: SITKF), it was well worth the effort to continue drilling during the winter months on its Blackjack discovery at the RC Gold Project in the Yukon. Laboratory results from the first of three winter drill holes, DDRCCC-23-041 ("Hole 41"), provided some of the best results ever from the entire exploration campaign. The hole intersected 1.28 g/t Au over 203.9 metres within a larger interval of 1.00 g/t Au over 292.0 metres. 292.0 metres (m) of 1.00 g/t Au from 200.0 m to 492.0 m including 203.9 m of 1.28 g/t Au from 243.0 m; 75.0 m of 2.04 g/t Au from 273.0 m; 30.0 m of 3.11 g/t Au from 320.0 and 19.9 m of 1.04 g/t Au from 418.0 m.

Bottom line: the Blackjack discovery could become a company maker for Sitka Gold. Virtually every drill hole adds to the already confirmed resource of 1.34 million ounces. Sitka is both bold and highly efficient in its drilling. The high continuity of mineralization is enabling major advances with a minimum of drilling. In addition, it is becoming increasingly clear that the Blackjack Zone, in particular, is clearly differentiated from surrounding competitors by its comparatively higher gold grades. Sitka's project looks like the proverbial "low hanging fruit" compared to the surrounding intrusion-related gold deposits. With each drill, this fruit ripens and the appetite of its neighbors is likely to increase. Sitka's stock market value is currently around CAD 21 million.

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Sitka Gold Corp. (English)

08. Mai 2023

Zugriffe: 1168

Sitka Gold Corp. (CSE:SIG; FRA:1RF; OTCQB: SITKF) has demonstrated that it can continue to expand the discovery of its intrusion-related gold deposit at the Blackjack Zone, at its RC Gold Project, at a rapid pace with three targeted drill holes during this winter. The Blackjack Deposit contains the bulk of the 1.34 million ounce resource reported to date (900,000 ounces of gold grading 0.83 g/t gold). In part, the drilling fills data gaps in the existing resource model.

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Sitka Gold Corp. (English)

12. April 2023

Zugriffe: 1091

As announced to Goldinvest.de at PDAC, the world's largest mining trade show in Toronto, Canadian gold explorer Sitka Gold (WKN A2JG70 / CSE SIG) has kicked off the next drill program at its RC Gold project in the Yukon. And with the very first drill hole the company encountered numerous, visible gold grains!

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Sitka Gold Corp. (English)

17. März 2023

Zugriffe: 640

Gold explorer Sitka Gold (CSE SIG / WKN A2JG70) continues to keep up the pace in the exploration of the RC Gold Project in the Yukon. After just recently presenting an impressive first resource, a drilling program has now already started again.

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Sitka Gold Corp. (English)

22. Februar 2023

Zugriffe: 242

Sitka Gold Corp. (CSE:SIG; FRA:1RF; OTCQB:SITKF) has further consolidated and enlarged its Carlin-style discovery at the Alpha project in Nevada with only four targeted holes (AG22-09 - AG22-12; 1,374 metres) in the past year. The geological setting at Alpha is consistent with those at neighboring large projects such as Goldrush and other gold deposits along the Cortez Trend.

Conclusion Sitka has made tremendous progress with its minimal budget in Nevada. In particular, Sitka has been able to prove the thesis that large-scale Carlin-type gold mineralization exists at the Alpha project, extending over a trend of at least 2.5 kilometers, but very likely well beyond that. Now Sitka geologists are focused on finding the high-grade core of this newly discovered system. If Sitka can deliver this last missing piece of the puzzle, the Alpha Project can become a mega-project along the lines of other industrial gold mines in the Cortez Trend. In the meantime, large gold mining companies are certainly sensing this opportunity, and they are certainly following the development at Sitka very closely. On top of that, Sitka's successes at the more advanced RC project in the Yukon are impressive with the recent announcement last month of a maiden resource of 1.34 million ounces of gold. Sitka is currently valued on the market with a stock market value of CAD 21 million.

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Sitka Gold Corp. (English)

17. Februar 2023

Zugriffe: 1210

Sitka Gold Corp. (CSE:SIG: FRA:1RF; OTCQB:SITKF) is capitalizing on the logistical location advantage of its Blackjack/Eiger project in the Yukon, with plans to drill another 10,000 meters this season. This makes the project one of the few in the Yukon that is not subject to the usual seasonality between summer activity and winter break. The company had already drilled 6,500 meters last year. A total of 11,000 meters and 34 holes have been sufficient to date to allow a Maiden resource of 1.34 million ounces of gold at the project. Sitka had just announced the resource earlier this year.

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