Sitka Intersects 47.6 Metres of 2.09 g/t Gold, Including 8.0 Metres of 5.07 g/t Gold near Surface at the Saddle Zone at Its RC Gold Project, Yukon | SITKF Stock News

Author's Avatar
6 days ago
Article's Main Image
  • High-grade gold intersection of 47.6 m at 2.09 g/t Au including 8.0 m of 5.07 g/t Au near surface
  • Mineralization discovered 300m east of current Blackjack resource within proposed pit boundary
  • Significant drilling progress with 18,662 meters completed and assays pending for 12,951 meters

Sitka Gold Corp. (OTCQB: SITKF) has reported outstanding drilling results from its RC Gold Project in Yukon's Tombstone Gold Belt. Drill hole 87 at the Saddle Zone revealed a significant gold intersection of 47.6 meters grading 2.09 g/t, including a high-grade section of 8.0 meters at 5.07 g/t gold near the surface. This discovery is located 300 meters east of the current Blackjack resource outline, within the proposed pit boundary of the Blackjack Mineral Resource Estimate (MRE), highlighting the potential for a significant expansion of resources.

To date, Sitka Gold has completed 18,662 meters of drilling across multiple targets at the RC Gold Project this year. Assays are still pending for 12,951 meters (31 drill holes), currently being conducted at the Blackjack, Saddle, Eiger, and Rhosgobel targets. Four drill rigs are actively operating at these sites to further explore and define the mineralization potential of the project.

At the Eiger Deposit, significant results included a broad interval of 369.0 meters of 0.46 g/t gold, with higher-grade sections including 46.0 meters of 0.99 g/t and 19.0 meters of 1.03 g/t gold. These findings suggest that the Saddle Zone could be a crucial link in expanding the current Eiger MRE, further solidifying the RC Gold Project's potential as a major gold resource.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.