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 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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