Multiple instances of visible gold observed in drill core from first diamond drill holes ever completed at the Rhosgobel reduced intrusion-related gold deposit target located 5 km south of the Blackjack gold deposit. Gold mineralization appears to extend at least 250 metres below the extent of historical drilling. Large zones of reduced intrusion-related sheeted veins and breccias intersected below historical drilling. 11 [...]
DDRCCC-24-068 was drilled to 708.7 metres to test the depth continuity of Blackjack Zone mineralization and encountered over 40 instances of visible gold from surface to 680 metres with mineralization remaining open to depth. Hole 68 is approximately 200 metres deeper than any previous drill holes, adding substantial gold mineralization beyond previous drilling limits. Multiple occurrences of visible gold within sheeted [...]
Sitka Gold Corp. is pleased to announce that the Company has closed a non-brokered private placement for aggregate gross proceeds of $5,500,000 through the issuance of 27,500,000 units sold at a price of $0.20 per Unit. Each Unit consists of one common share of the Company and one half of one common share purchase warrant . Each Warrant entitles the holder thereof to purchase one additional common share of the Company at [...]
DDRCCC-24-062 returned 290.5 m of 1.10 g/t gold, including 105.0 m of 1.68 g/t gold and 34.5 m of 2.61 g/t gold DDRCCC-24-061 returned 206.0 m of 0.64 g/t gold including 27.0 m of 1.01 g/t gold and 1.0 m of 23.7 g/t gold Drilling continues to expand mineralization with persistent higher-grade gold values south of the Blackjack deposit Multiple occurrences of visible gold noted in DDRCCC-24-067 Second drill now turning at [...]
VANCOUVER, CANADA - August 2, 2024 - TheNewswire: Sitka Gold Corp. is pleased to announce that the Company has closed its previously announced non-brokered private placement for aggregate gross proceeds of approximately $3,354,154 through the issuance of: 9,127,273 flow-through units sold at a price of $0.22 per FT Unit; and 5,384,618 charity flow-through units sold at a price of $0.25 per Charity FT Unit. Each FT Unit [...]
Multiple occurrences of visible gold within sheeted quartz veins observed in recently completed drill holes with the most abundant visible gold seen in the metasedimentary rocks in drilling to date Abundant sheeted quartz veining in both intrusive and metasedimentary rocks intersected in all drill holes Second drill mobilized to site Sitka Gold Corp. is pleased to announce that visible gold has been observed multiple [...]
2024 exploration has begun on the newly acquired Clear Creek property First diamond drilling program ever to be completed on the Rhosgobel Intrusion since historical shallow reverse circulation drilling in 1995 to follow up on holes 95-15 which intersected 50.3 m of 1.07 g/t gold and 95-16 which intersected 67.1 m of 1.03 g/t gold with both holes ending in strong gold mineralization. Grid geochemistry currently underway [...]
New property acquisition from Victoria Gold completes amalgamation of contiguous district-scale gold camp at RC Gold Project in Yukon Victoria Gold now a significant shareholder with an initial 8% interest in Sitka Gold Adds four high-priority targets for intrusion related gold deposits Historical drill results of up to 20.46 g/t Au over 10.7 metres , 1.87 g/t Au over 42.6 metres , 1.03 g/t Au over 67.1 metres and 1.20 [...]
Sitka Gold Corp. is pleased to announce that it has recommenced the previously announced 15,000 metre diamond drilling program at its road accessible RC Gold Project located in the prolific Tombstone Gold Belt in the Yukon. Sitka successfully completed two diamond drill holes during the winter portion of this year's drilling program to test the continuity of higher-grade gold mineralization south of the Blackjack gold [...]
Sitka Gold Corp. announces that the Company expects to issue an aggregate of 54,174 common shares of the Company , at a deemed price of $0.2465 per common share, in full satisfaction of an annual US$10,000 payment owing pursuant to the Alpha Gold Property option agreement dated January 31, 2018 between the Company and Objective Exploration LLC, whereby the Company has the option to pay US$10,000 in cash or shares. The [...]
DDRCCC-24-058 returned 154.0 m averaging 1.47 g/t gold, including 37.0 m of 3.07 g/t gold and 8.0 m of 4.61 g/t gold, confirming robust continuity of the higher-grade gold mineralization discovered south of the current Blackjack gold deposit 3D structural interpretation from winter drill hole results establishes new Blackjack Mineralized Gold Corridor demonstrating the potential of continued higher-grade gold [...]
Sitka Gold Corp. is pleased to announce the first drill hole DDRCCC-23-057 of the 2024 drill campaign has intersected significant gold results south of the current Blackjack Gold Deposit resource. Hole 57 was the first of two holes completed during the 2024 winter diamond drilling program at the Company's 386 square kilometre, road accessible RC Gold Project located in Yukon's Tombstone Gold Belt , approximately 100 [...]
