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Sitka Gold Corp. announces significant gold results in Hole 57 at its RC Gold Project in Yukon. The 191.0m drill intersected 1.16 g/t Au, including 89.0m of 2.03 g/t Au and 11.0m of 5.80 g/t Au. The drill confirms persistent gold mineralization continues at depth and to the southeast, further expanding the gold resource potential. The 2024 drill program aims to define targets within the Clear Creek Intrusive Complex area.
Sitka Gold Corp. is set to acquire 100% ownership of its flagship RC Gold Project in Yukon by finalizing amendments to acquire the RC and BeeBop properties. The company will make cash and share payments to secure ownership of all underlying properties, completing the acquisition process. The RC and BeeBop properties are contiguous to the Clear Creek property, known for hosting the Blackjack and Eiger gold deposits. Sitka's exploration efforts have revealed a significant mineral resource estimate of 1.34 million ounces of gold within the Saddle and Eiger intrusive stocks. The company plans to conduct further exploration and drilling across its project, aiming to expand resources and discover new deposits.