Sitka Gold Corp. is pleased to announce that it intends to complete a non-brokered private placement whereby purchasers, will subscribe for approximately 5,000,000 flow-through units at a price of $0.20 per unit for gross proceeds of approximately $1,000,000 . Each Flow-Through Unit will consist of one flow-through common share of the Company and one-half of one non flow-through common share purchase warrant . Each whole [...]
Sitka Gold Corp. is pleased to announce that it has entered into an option agreement with veteran prospector Bernie Kreft to acquire a 100% interest in the Barney Ridge gold property located next to Sitka's RC Gold project approximately 110 km east of Dawson City, Yukon. The road accessible 1780 hectare Barney Ridge Property adjoins Victoria Gold's Clear Creek project and is approximately 7 km west of Sitka's current RC [...]
Sitka Gold Corp. is pleased to announce that drilling has commenced at its Alpha Gold Property located in Nevada's prolific Carlin gold province. Alpha Gold is located where the projection of the Cortez gold trend, which hosts several multi-million ounce gold deposits, intersects with the Garden Valley Anticline . Permits for a 12-hole drill program have been secured to test a Carlin-type gold deposit target at Alpha Gold [...]
Sitka Gold Corp. is pleased to announce that it has begun mobilizing crew and equipment in preparation for the upcoming drill program at its Alpha Gold Property located in Nevada's prolific Carlin District where the projection of the Cortez Gold trend intersects with the Garden Valley Anticline . Permits for a 12-hole drill program have been secured to test a Carlin-type gold deposit target where the prime Late Devonian [...]
Sitka Gold Corp. announces that it has closed its previously announced non-brokered private placement for total gross proceeds of $1,188,389.88 through the issuance of 13,204,332 units at a price of $0.09 per Unit. Each Unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at a price of $0.14 for a period of 24 months from the [...]
Sitka Gold Corp. , announces that due to strong investor demand the current non-brokered private placement will be increased again from up to $810,000 to up to $1,080,000. The original offerring of up to 6,000,000 units at a price of $0.09 per Unit for gross proceeds of up to $540,000 will be increased to up to 12,000,000 Units at $0.09 per Unit for gross proceeds of up to $1,080,000. Each Unit will consist of one common [...]
Sitka Gold Corp. , announces that due to strong investor demand the previously announced non-brokered private placement will be increased from up to $540,000 to up to $810,000. The original offerring of up to 6,000,000 units at a price of $0.09 per Unit for gross proceeds of up to $540,000 will be increased to up to 9,000,000 Units at $0.09 per Unit for gross proceeds of up to $810,000. Each Unit will consist of one [...]
Sitka Gold Corp. is pleased to announce that it received assay results for the final four drill holes completed during the first phase of drilling at its Burro Creek Gold/Silver Property in Arizona. The program was successful in tracing the mineralized structure to the southern boundary of the patented claims. Ten diamond drill holes were drilled for a total of approximately 1000 metres and assays have been previously [...]
Sitka Gold Corp. is pleased to announce the assay results from drill holes BC20-060 & BC20-061 at its Burro Creek Gold/Silver Property located in Mohave County, Arizona, U.S.A. These holes were located to test the southern continuity of the Burro Vein over a 1.3 km long corridor where a mobile metal ion geochemical survey has outlined anomalous gold and silver mineralization on surface that corresponds with the southern [...]
Sitka Gold Corp. , is pleased to announce a non-brokered private placement of up to 6 million units at a price of $0.22 per unit for gross proceeds of up to $1,320,000 . Each Unit will consist of one common share of the Company and one half of one share purchase warrant. Each whole warrant will entitle the holder to purchase an additional common share at a price of $0.30 for a period of 12 months from the date of closing [...]
February 3rd, 2020 - Sitka Gold Corp. is pleased to announce it has sent ALS Laboratories the second shipment of drill core for analysis from its ongoing diamond drill program at its Burro Creek Gold Property located in Arizona. The shipment contains drill core samples from BC20-060 & BC20-061. These are the first step-out holes along a newly constructed road south of the previously drilled gold and silver mineralization [...]
January 31st, 2020 - Sitka Gold Corp. is pleased to announce it has closed the previously announced acquisition of the Mahtin Gold Property , located in the Clear Creek, Big Creek and Sprague Creek districts in the heart of the Yukon's Tintina Gold Belt and within the Tombstone Gold Belt, mid-way between Victoria Gold's Eagle Gold Mine and Golden Predator's Brewery Creek Gold Mine . The Mahtin Gold Property is contiguous [...]