Sitka Gold Corp. is pleased to announce a non-brokered private placement of flow-through units at a price of $0.15 per FT Unit, and non-flow-through units at a price of $0.13 per NFT Unit, for aggregate gross proceeds of up to $2.5M. Each FT Unit will consist of one flow-through common share and one-half of one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional [...]
Sitka Gold Corp. is pleased to release assay results for two additional diamond drill holes completed as part of the Company's Phase II summer 2022 drilling program at its road accessible 376 square kilometre RC Gold Project. Sixteen diamond drill holes were completed totaling 5,250 metres during the Phase II drilling program, with assays previously released for the first eleven holes and an additional three holes still [...]
Sitka Gold Corp. is pleased to announce the conclusion of the current phase of 2022 drilling at its Alpha Gold Project located on the southeast projection of the Cortez gold trend, approximately 40 km southeast of the Nevada Gold Mines Cortez Complex. A total of 1,374.65 m in four holes targeting the Horse Canyon equivalent/Devil's Gate Limestone contact which is the uppermost of several highly prospective gold-bearing [...]
Sitka Gold Corp. is pleased to release assay results for five additional diamond drill holes completed as part of the Company's Phase II summer 2022 drilling program at the RC Gold Project , located in the Yukon's Tombstone Gold Belt. Sixteen diamond drill holes were completed totaling 5,250 metres during the program, with assays previously released for the first six holes and an additional five holes still pending assay [...]
Sitka Gold Corp. is pleased to announce initial assay results from the first two drill holes, AG22-09 and AG22-10, completed during the ongoing 2022 drilling program at its Alpha Gold Property located on the southeast projection of the prolific Cortez gold trend in Nevada. The Company is conducting a planned 1,500 m drilling program at Alpha Gold where drilling at hole AG22-12, which is a step-out located 5,600 m along [...]
Sitka Gold Corp. is pleased to release assay results for the first six holes completed at the Blackjack zone from the Phase II summer portion of the 2022 diamond drill program located at the Company's RC Gold Project in the Yukon's Tombstone Gold Belt . 16 diamond drill holes were completed totaling 5,250 metres during the program, with assays still pending for 10 additional holes; 9 from the Blackjack zone and 1 from the [...]
Sitka Gold Corp. is pleased to announce that it has completed the Phase II summer diamond drilling program at its district-scale, road accessible RC Gold Project located in the Yukon's prolific Tombstone Gold Belt. Summer drilling at RC Gold was completed ahead of schedule utilizing three drill rigs. The Company has now completed a total of 20 diamond drill holes for approximately 6,500 metres during two phases of [...]
Sitka Gold Corp. is pleased to provide an update on the ongoing diamond drilling program at its RC Gold Project in Yukon. Since first phase drilling began in February, 2022, the Company has completed approximately 4990 m of drilling in 16 holes focused on the Blackjack Zone where drilling in 2021 intersected 220.1 metres of 1.17 g/t gold including 50.5 metres of 2.08 g/t gold . Four subsequent drill holes completed during [...]
Sitka Gold Corp. is pleased to provide a summary of initial metallurgical bottle roll tests on six samples from the Blackjack and Eiger zones at its RC Gold Projectn. This test work was carried out by ALS Canada Ltd. Metallurgy Services in Kamloops. Highlights: Gold recoveries demonstrate strong and rapid leach kinetics. Gold extraction was mostly complete within 4-8 hours with minor increases to 24 hours. Ultimate [...]
Sitka Gold Corp. is pleased to provide an update on its recently initiated drill program at the Company's Alpha Gold Project , located at the southeast end of the Cortez Trend approximately 40 kilometres southeast of the Barrick/Newmont Cortez gold mine complex in Nevada. AG22-09 and 10 have both now defined a new zone of strong alteration in a North to NNW structure. Both holes hit strong silicification in Horse Canyon [...]
Sitka Gold Corp. is pleased to announce that, further to the Company's news releases date June 30, 2020 and July 6, 2020, the Company issued an aggregate of 100,000 common shares in the capital of the Company at a deemed value of $0.16 per Share on each of July 7, 2020, and June 11, 2021, to Bernie Kreft pursuant to the Barney Ridge gold property option agreement and the Clear Creek Gold property option agreement . An [...]
Sitka Gold Corp. is pleased to announce that it has added a third diamond drill rig to augment its ongoing diamond drill program at its road accessible, district-scale RC Gold Project located within the Yukon's prolific Tombstone Gold Belt. The Company's primary focus is step out drilling at its newly discovered Blackjack zone where diamond drill hole DDRCCC-21-021 returned 220.1 metres of 1.17 g/t gold and four step out [...]
