A large Reduced Intrusion-Related Gold System has been confirmed and extended at the May-Qu target within the Mid-Cretaceous, Tombstone suite, Bos Stock. This RIRGS system is 22 km from the Blackjack deposit area within the contiguous 431 square kilometre, road accessible RC Gold property. Surface sampling of sheeted quartz veins within the [...]
Sitka Gold Corp. is pleased to announce that it has signed an agreement with Kluane Drilling Corp. to complete up to 30,000 metres of diamond drilling in 2025 at its road accessible RC Gold Project located in the prolific Tombstone Gold Belt in the Yukon. This will be the largest drilling campaign ever conducted at RC Gold and is anticipated to [...]
DDRCRG-24-001 returned 164.8 metres of 0.82 g/t gold starting 9 metres from surface, including 119.0 m of 1.05 g/t gold, 37.9 m of 2.05 g/t gold and 11.5 m of 4.32 g/t gold in the first ever diamond drill hole at Rhosgobel. Drilling confirms strong gold mineralization from surface to a depth of at least 300 m. Gold mineralization discovered at [...]
VANCOUVER, CANADA - November 7, 2024 - TheNewswire: Sitka Gold Corp. is pleased to announce that the Company has closed a non-brokered private placement for aggregate gross proceeds of $4,999,020 through the issuance of 9,802,000 flow-through common shares in the capital of the Company sold at a price of $0.51 per FT Share. "This financing enables [...]
Soil sampling, geological mapping and prospecting, along with initial diamond drilling of 843.7 m in 2 holes completed in Sitka's first phase of exploration at the newly acquired Pukelman intrusive target. Visible gold and abundant sheeted quartz veining were observed in initial drill holes completed at the Pukelman intrusion with assays pending [...]
DDRCCC-24-068 returned 678.1 metres of 1.04 g/t gold from surface, including 409.5 metres of 1.36 g/t gold, 93.0 metres of 2.57 g/t gold and 5.5 metres of 17.59 g/t gold; significantly expands Blackjack gold mineralization approximately 200 metres below previous drilling with grades increasing with depth. DDRCCC-24-067 returned 99.2 metres of 1.01 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
