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Sitka Gold Begins Mobilization for Next Phase of Drilling at Its Alpha Gold Project in Nevada
VANCOUVER, CANADA - TheNewswire - June 22, 2021 - Sitka Gold Corp. (“Sitka” or the “Company”) (CNSX:SIG.CN) (FSE:1RF) (OTC:SITKF) is pleased to announce that it
About this update from Sitka Gold Corp.
[{"type":"text","content":"VANCOUVER, CANADA - TheNewswire - June 22, 2021 - Sitka Gold Corp. (“Sitka” or the “Company”) (CNSX:SIG.CN) (FSE:1RF) (OTC:SITKF) is pleased to announce that it has begun mobilizing crew and equipment in preparation for the upcoming drilling program at the Company’s Alpha Gold Project, located at the southeast end of the Cortez Trend approximately 40km southeast of the Barrick/Newmont Cortez gold mine complex. O’Keefe Drilling, an experienced and highly regarded drill contractor, has been secured to conduct this next phase of drilling. The Company amended its drill permit to allow for drilling an additional six sites to follow up on newly discovered strong Carlin-Type alteration southeast of drill holes AG21-02 & 03. These two discovery holes intersected long intervals of anomalous gold and very strong pathfinder elements known to be associated with Carlin-type gold deposits (see Sitka news releases dated May 6th & 21st, 2021). Sitka intends to drill a minimum of 1,500 metres in this initial follow up phase. The six new drill sites have been selected to test the critical Horse Canyon equivalent to Devils Gate Formation contact at depth in the vicinity of the strongest surface alteration southeast of AG21-02 and AG21-03 (Figure 1). The sites also provide maximum flexibility for angle hole testing of multiple structures and structural intersections that carry strong Carlin-type pathfinder element concentrations. Results from rock chip sampling in May have just been received and are now being utilized in drill targeting. The rock chip results confirm that the extensive surface alteration carries strong Carlin pathfinder values across the entire 5 km strike length of the inferred targets including peak values to 2150 ppm As, 4.92 ppm Hg, and 144 ppm Sb. Cor Coe, PGeo., CEO and Director of Sitka Gold states, “We are excited to begin this next phase of exploration at Alpha Gold concurrent with our ongoing drill program at RC Gold in Yukon. Results from drill holes AG21-02 & 03 indicate that we are on the fringe of a Carlin-type gold system and this next phase of drilling is designed to vector into the high-grade zones of this system”. Figure 1 - Alpha Gold Project Planned Drill Hole Locations About Alpha Gold Sitka Gold has acquired a 100% interest in the Alpha Gold Project, located along the southe...