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 (SITKF) provides investors and industry professionals with comprehensive updates on its gold exploration activities in Canada’s Yukon Territory. This dedicated news hub delivers verified updates about the company’s flagship RC Gold Project, technical advancements, and strategic developments in the Tombstone Gold Belt.
Access authoritative reports on diamond drilling results, soil geochemistry findings, and mineral resource estimates prepared under NI 43-101 standards. The page consolidates press releases about exploration milestones, land acquisitions, and management insights while maintaining strict compliance with financial disclosure regulations.
Key updates include detailed analyses of intrusion-related gold systems, progress on inferred resource expansion, and operational developments at the Blackjack deposit. Content is curated to serve both technical experts and general investors through clear explanations of geological terminology and exploration methodologies.
Bookmark this page for direct access to Sitka Gold’s latest verified news. Check regularly for updates on drilling campaigns, assay results, and corporate announcements that demonstrate the company’s progress in developing one of Canada’s most promising gold districts.
Sitka Gold Corp. has resumed its 15,000-metre drilling program at its RC Gold Project in Yukon. The winter portion yielded promising results, with visible gold in both drilled holes. Hole 57 returned 191m grading 1.16 g/t gold, including 11m of 5.80 g/t gold. Hole 58 returned 154m grading 1.47 g/t gold, including 37m of 3.07 g/t gold. Current drilling aims to expand the Blackjack deposit. The company also plans to investigate other high-priority targets within its 386 sq km property, including the Saddle East zone and the Eiger Deposit, which has 440,000 oz of inferred gold. The area has several potential high-grade gold targets yet to be drilled.
Sitka Gold announced significant drill results from its RC Gold Project in Yukon. Drill hole DDRCCC-23-058 ("Hole 58") intersected 154.0 meters of 1.47 g/t gold, including 37.0 meters of 3.07 g/t gold and 8.0 meters of 4.61 g/t gold. This confirms continuous and high-grade gold mineralization south of the existing Blackjack Gold Deposit. The results, along with winter drilling data, suggest the potential for expanding the mineralized corridor. The company plans up to 15,000 meters of diamond drilling in 2024 to further explore this and additional high-priority targets across its 386 square kilometer property.
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.