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Sitka Gold Completes Current Drilling Program at Alpha Gold in Nevada
VANCOUVER, CANADA - TheNewswire - October 7, 2021 - Sitka Gold Corp. (“Sitka” or the “Company”) (CNSX:SIG.CN) (FSE:1RF) (OTC:SITKF) announces that the current p
About this update from Sitka Gold Corp.
[{"type":"text","content":"VANCOUVER, CANADA - TheNewswire - October 7, 2021 - Sitka Gold Corp. (“Sitka” or the “Company”) (CNSX:SIG.CN) (FSE:1RF) (OTC:SITKF) announces that the current phase of drilling has now been completed at its Alpha Gold Project (“Alpha Gold” or the “Project”) located at the southeast end of the Cortez Trend in northern Nevada. Five holes were drilled for a total of 1553 m (Figure 1). All samples have been submitted to ALS Global Labs in Elko, Nevada, for assay. This five-hole drill program completed at Alpha Gold has defined the first 1800 m of strike length of a very large, strong Carlin-Type gold system. It’s a testament to the strength of this nearly blind system that the strike length was easily offset more than the total meterage of the drill program. None of the holes have encountered the limits of the alteration system. All expected systematics of a Carlin-type alteration system are present, including strong silicification, decalcification, sooty arsenian pyrite, strong and widespread Carlin pathfinder elements, and altered Eocene dikes and sills. Highlights from previously released gold intercepts on the property are the northernmost, 93 m of 0.105 g/t from drill hole AG21-02, (see news release dated May 6, 2021) and southernmost, so far received, 12.19 m of 0.41 g/t Au from drill hole AG21-05 (see news release dated September 16, 2021). These two intercepts are 1.3 km apart. The last two holes, AG21-07 and 08, were aimed at testing below stronger, newly identified, surface alteration zones, with the objective of hunting for grade, and getting a more three-dimensional look at the trend, instead of continuing to offset in a linear fashion. These two holes with assays outstanding have good intervals of carbonaceous and pyritic silicification and decalcification, especially AG21-08 which has the highest sooty pyrite concentration of any of the holes. These assay-pending holes included the best visuals, so the remaining assays are eagerly awaited, and results will be analyzed and patterned as they come in to assess targets and develop plans on how to further proceed with the Project. Results to date have provided a considerable amount of newly gained and very encouraging geochemical information, including significant gold intercepts with strong pathfinder elements. Sitka no...