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.
On April 13, 2023, Sitka Gold (OTCQB:SITKF) reported visible gold intersections during diamond drilling at its RC Gold Project, located in Yukon’s Tombstone Gold Belt. The expansive RC Gold Project covers 376 square kilometers and is strategically positioned near significant gold mines. The initial drill hole of the season has yielded positive geological indicators, suggesting the presence of a higher-grade core at the Blackjack deposit, which has an inferred gold resource of 900,000 ounces at 0.83 g/t gold. Additionally, drilling at the Eiger deposit indicates a further 440,000 ounces of gold. The visible gold occurrences and high recoveries of up to 94% demonstrate the potential for valuable gold extraction. Sitka Gold remains well funded, with shares trading at $0.135.
Sitka Gold Corp. has filed a Technical Report supporting an Initial Mineral Resource Estimate of 1,340,000 gold ounces for its RC Gold Project in the Yukon. This report, prepared by GeoSim Services, indicates significant potential for resource growth at the Blackjack and Eiger deposits. The project spans 376 square kilometers and is strategically located in the Tombstone Gold Belt. The winter drilling program aims to expand these resources, with an attractive average grade that mirrors nearby producing mines. However, the current resource is classified as inferred and does not demonstrate economic viability yet.
Sitka Gold (CSE:SIG, FSE:1RF, OTCQB:SITKF) announced on February 23, 2023, expanded gold mineralization at its Alpha Gold Project in Nevada, increasing the extent to 2.5 km. The final two drill holes of the 2022 program showed significant Carlin-Type alteration. Notable results include AG22-10 with 21.3 metres of 1.21 g/t gold. However, AG22-12 faced mechanical issues and was abandoned at 416 metres. The Alpha Gold Project spans 4,780 acres along the Cortez Gold Trend. Sitka's shares are trading at $0.115, and they have also received assay results from their RC Gold Project, reporting an inferred resource of 1,340,000 ounces grading 0.68 g/t.
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