Welcome to our dedicated page for Sitka Gold news (Ticker: SITKF), a resource for investors and traders seeking the latest updates and insights on Sitka Gold stock.
Sitka Gold Corp. reports exploration and technical developments for its 100% owned RC Gold Project in Yukon. Company news centers on diamond drilling, mineral resource estimates, technical reports and metallurgical testing across the Blackjack, Eiger and Rhosgobel gold deposits within the Clear Creek Intrusive Complex.
Recurring updates also cover tungsten mineralization at Rhosgobel, including scheelite observations, WO3 assays and recovery testwork that evaluates tungsten as a potential by-product alongside gold. Additional company developments include board and governance changes, stock option grants and strategic portfolio actions involving Sitka's Nevada and Arizona gold and silver properties.
Sitka Gold announces the successful completion of its 2022 winter exploration program at its RC Gold Project, Yukon. Recent diamond drill results from Hole 25 revealed high-grade gold intercepts, including 349.0 metres of 0.71 g/t gold, starting just 19.0 metres below the surface. Key highlights include 221.0 metres of 1.02 g/t gold from 25.0 metres and a peak of 15.15 g/t gold within 2.0 metres. The company plans to further explore the Blackjack Zone, which may enhance its gold resource estimates. Sitka has secured around $4.7 million in funding and currently trades at $0.14.
On June 13, 2022, Sitka Gold Corp. (OTCQB: SITKF) reported strong gold assay results from drill hole DDRCCC-22-025 at its RC Gold Project in Yukon. The results include 349.0 meters of 0.71 g/t Au and highlight significant intervals such as 221.0 meters of 1.01 g/t Au and 2.0 meters of 15.15 g/t Au. Drilling has resumed, focusing on the new Blackjack Zone and aiming to expand the known gold mineralization. The ongoing 10,000-meter drill program is expected to define the gold-rich zone further.
Sitka Gold announced high-grade gold intercepts from its 2022 winter exploration program at the RC Gold Project in Yukon. The project spans 376 square kilometers in the Tombstone Gold Belt. The drilling focused on the Blackjack Zone, revealing significant mineralization. Notably, Hole 24 showed over 1.5 grams per tonne of gold for 100 meters, including 2 meters of over 1 ounce per tonne. CEO Cor Coe highlighted the potential for a multi-million ounce gold deposit, with results still pending from additional drilling. Shares currently trade at $0.135.
On May 18, 2022, Sitka Gold Corp. announced promising assay results from drill hole DDRCCC-22-024 at its RC Gold Project in the Yukon. The hole reported 107.5 m of 1.44 g/t Au, including high-grade intervals of 35.6 g/t Au over 2 m. The winter drilling program demonstrated that gold mineralization extends 100 m west and south of the initial discovery, indicating significant potential for a multi-million ounce gold deposit. The company plans to continue drilling in the Blackjack Zone, building towards a maiden resource estimate.
Sitka Gold Corp. announced positive assay results from drill hole DDRCCC-22-023 during its winter exploration program at the RC Gold Project in Yukon. The drill hole yielded significant gold values, including 205.8 m of 1.01 g/t Au from surface and notable intervals such as 1.0 m of 10.95 g/t Au. This result reinforces the discovery of a high-grade gold corridor and supports plans for further drilling to expand mineralization. The winter drilling program aims to advance towards a maiden resource estimate, with two additional holes still awaiting assay results.
Sitka Gold Corp. (OTCQB: SITKF) announced promising assay results from its 2022 winter exploration program at the RC Gold Project in Yukon. The first drill hole, DDRCCC-22-022, recorded 273 meters of 0.52 g/t gold, including 62 meters of 1.21 g/t and significant peaks of 6.36 g/t gold. The company plans to drill an additional 9,000 meters this spring-summer as part of a 10,000-meter program. CEO Cor Coe expressed optimism about discovering a high-grade gold corridor, reinforcing confidence in the project's potential for resource estimation.
Sitka Gold Corp. (OTCQB: SITKF) provides an update on its diamond drill program at the RC Gold Project in Yukon, having completed over 1,100 metres across three holes. Notably, drilling at the Blackjack zone revealed 1.17 g/t gold over 220.1 metres. The winter program aims to extend the mineralized intrusive, with visible gold found in core samples. A second drill is expected on-site soon, and the company emphasizes the potential increase in deposit size, which may benefit future economic assessments. This mineral exploration initiative underscores Sitka's commitment to discovering economically viable gold deposits.
Sitka Gold Corp. has appointed a drilling contractor to execute winter and summer drilling programs at its RC Gold Project in Yukon. Mobilization for the winter drilling is expected within two weeks. This drilling aims to follow up on a significant discovery from a prior hole that returned 220.1 m of 1.17 g/t gold. The drilling will also target a large gold-in-soil anomaly over 2 kilometers long. New Age Drilling Solutions will conduct up to 10,000 metres of drilling, enhancing the potential for a major gold deposit.
Sitka Gold Corp. (OTCQB: SITKF) announced compelling assay results from its recent diamond drill hole DDRCCC-21-021 at the RC Gold Project in Yukon. The drill hole revealed 220.1 metres of 1.17 g/t gold, with notable intervals including 50.5 metres of 2.08 g/t gold and peaks of 35.70 g/t gold. The company detected visible gold in 21 sections of the drill core, reinforcing the potential for significant economic deposits. Assays from five additional drill holes are pending, and the company plans further exploration to capitalize on these promising findings.