Sitka's initial drilling at Contact returns >100 gram-metre gold interval from surface, confirming the presence of significant gold mineralization DDRCCC-25-113 intersected 119.0 metres of 1.01 g/t gold from surface, including 10.7 m of 4.1 g/t gold including 1.2 m of 24.8 g/t Au, and 1.2 m of 12.25 g/t Au Historical drilling at Contact has returned significant high-grade gold intercepts including hole CC10-022 which [...]
Sixteen of the first seventeen drill holes received to date have intersected greater than 100 g/t*m gold intersections Rhosgobel discovery significantly expanded with results from an additional 7 drill holes completed in 2025 Highlights include DDRCRG-25-014 returning 107.9 m of 1.01 g/t Au from surface, including 37.9 m of 1.41 g/t Au; DDRCRG-25-016 returning 67.5 m of 1.03 g/t Au from surface; DDRCRG-25-011 returning [...]
Sitka Gold Corp. is pleased to announce it has closed its previously announced non-brokered private placement with certain existing strategic investors for aggregate gross proceeds of $2,055,000 through the issuance of 1,500,000 flow-through common shares issued at a price of $1.37 per FT Share. Each of the FT Shares will qualify as "flow-through shares" within the meaning of the Income Tax Act . "This financing, together [...]
Sitka Gold Corp. is pleased to announce it has closed its previously announced "bought deal" brokered private placement and a concurrent non-brokered private placement for aggregate gross proceeds of $28,552,402 . The Brokered Offering was comprised of 16,235,000 charity flow-through common shares issued at a price of $1.54 per FT Share for gross proceeds of $25,001,900. The Non-Brokered Offering was comprised of [...]
Sitka Gold Corp. is pleased to announce it has entered into an agreement pursuant to which Beacon Securities Limited , as lead underwriter, on behalf of a syndicate of underwriters , has agreed to purchase, on a "bought deal" private placement basis, 16,235,000 common shares that will qualify as "flow-through shares" within the meaning of the Income Tax Act of the Company at a price of $1.54 per FT Share for gross [...]
DDRCRG-25-010 returned 235.9 m of 1.11 g/t gold, including 40.0 m of 2.01 g/t gold and 10.0 m of 5.29 g/t gold, from surface; the best intercept to date from Rhosgobel DDRCRG-25-009 returned 118.0 m of 1.09 g/t gold, including 14.0 m of 3.34 g/t gold, from surface Drill results to date confirm continuity of near-surface, higher-grade gold mineralization which remains open in all directions laterally and at depth First 10 [...]
Drilling continues to expand the Rhosgobel discovery with gold mineralization that begins at surface traced along a strike length of over 1.1 km and to a depth exceeding 400 m DDRCRG-25-007 intersected 162.0 m of 1.02 g/t gold, including 71.0 m of 1.57 g/t gold and 18.0 m of 2.31 g/t gold from surface DDRCRG-25-008 intersected 168.0 m of 1.00 g/t gold, including 12.0 m of 2.37 g/t gold from 28.0 m depth 38 holes totalling [...]
DDRCCC-25-092 returned 145.0 m averaging 0.92 g/t gold, including 41.8 m of 1.94 g/t gold and 15.5 m of 4.22 g/t gold at Blackjack Drilling at the Saddle zone, within the conceptual pit limit of the Blackjack deposit, returned 27.7 m of 1.90 g/t gold and 26.6 m of 1.82 g/t gold from surface in DDRCCC-25-093 and -096 respectively 29,264 metres within 81 holes completed to date this year within the Clear Creek Intrusive [...]
Visible gold observed in first six diamond drill holes drilled at the Contact zone Drilling to date has traced mineralization along a strike of approximately 900 m and to a depth of approximately 430 m from surface at the Contact zone Visible gold has now been observed in drill core from all five targets drilled within the Clear Creek Intrusive Complex this year First drilling completed since 2010/2011 that produced [...]
Mineralized footprint of the Rhosgobel discovery rapidly expanding with visible gold observed in 16 of 22 drill holes completed over an approximately 900 metre strike extent of the 2.0 km x 1.5 km gold-in-soil anomaly Results received from the first 6 diamond drill holes ever completed at Rhosgobel have all returned >100 gram-metres of gold DDRCRG-25-006 intersected 166.0 m of 1.14 g/t Au, including 8.0 m of 4.86 g/t Au [...]
First drill holes of 2025 completed at Rhosgobel return up to 152.1 m of 1.00 g/t Au from surface, including 9.0 m of 4.23 g/t Au and 10.0 m of 2.75 g/t Au in DDRCRG-25-003 DDRCRG-25-005 intersected 114.8 m of 1.11 g/t Au from surface, including 8.6 m of 3.50 g/t Au from 41.0 m Drilling at Rhosgobel confirms discovery of a 3rd reduced intrusion-related gold deposit at the RC Gold project First four diamond drill holes [...]
Initial follow-up drilling at Saddle Zone identifies intersections of near surface multi-gram gold mineralization with up to 47.6 m of 2.09 g/t Au including 8.0 m of 5.07 g/t Au in Hole 87 The high-grade, near surface gold mineralization at Saddle is within the proposed pit of the Blackjack Mineral Resource Estimate , 300 m east of the current Blackjack resource outline, and highlights the potential of this area to [...]