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. (OTCQB: SITKF) generates frequent exploration news as it advances its 100% owned RC Gold Project in Yukon’s Tombstone Gold Belt and other precious metal assets. Company updates focus on drilling results, resource growth and target expansion across multiple zones within the Clear Creek Intrusive Complex.
News releases highlight step-out and infill drilling at the Blackjack and Eiger pit-constrained deposits, where broad gold intervals from surface and at depth have extended mineralization beyond existing mineral resource estimate boundaries. Regular updates also cover the Saddle Zone, a near-surface target within the conceptual Blackjack pit outline, where drilling has outlined higher-grade gold mineralization hosted in dykes, sills and metasedimentary rocks.
A major focus of Sitka Gold’s news flow is the Rhosgobel discovery, an intrusion target where drilling has traced reduced intrusion-related gold mineralization along a strike length of roughly 1.1 kilometres and to depths exceeding 400 metres. Releases document multiple intersections exceeding 100 gram-metres of gold (g/t Au*m), visible gold in sheeted quartz and quartz–tourmaline veins, and associated scheelite indicating tungsten mineralization. Additional coverage details the Contact and Pukelman zones, where drilling has confirmed broad near-surface gold intervals and visible gold across a footprint of about 900 by 650 metres, as well as initial work at Bear Paw and May-Qu.
Investors following SITKF news can review assay tables, cross sections, plan maps and commentary from management on how each drilling campaign affects the evolving deposit models and the broader RC Gold district. Bookmark this page to access ongoing exploration results, project updates and technical disclosures related to Sitka Gold’s activities.
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.
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