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Sitka Gold Discovers Visible Gold on Surface at Josephine Zone 3.6 km East of Blackjack Deposit at RC Gold Project, Yukon
VANCOUVER, BC, Aug. 2, 2023 /CNW/ - Sitka Gold Corp. ("Sitka" or the "Company") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to announce that recent geologic
About this update from Sitka Gold Corp.
[{"type":"text","content":" VANCOUVER, BC, Aug. 2, 2023 /CNW/ - Sitka Gold Corp. (\"Sitka\" or the \"Company\") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to announce that recent geological mapping and prospecting at its road accessible RC Gold Project (\"RC Gold\" or the \"Project\") located in the Tombstone Gold Belt approximately 60 kms from the producing Eagle Gold Mine in the Yukon Territory, Canada has identified visible gold in the Josephine Zone at surface, in outcrop, approximately 3.6 kilometres (km) east of the Blackjack Deposit (900,000 ounces @ 0.83 g/t gold inferred resource; see news release dated January 19, 2023 and Figures 1 through 5). In addition to the newly discovered visible gold south of the Josephine intrusion several key highlights from the mapping are: The identification of the surface expression of the mineralized Friendly fault which cuts through and may sinistrally offset the Saddle intrusion. The extension of the mapped surface expression of the Saddle intrusion to the south and north, lamprophyre dike mapped at the northern extent of the Saddle intrusion. The identification of a highly prospective zone of veining in the hornfelsed country rock in an EastWest corridor between the Saddle and Eiger intrusion. The identification of substantial, mineralized veins and zones of alteration within the Eiger intrusion. The identification of sheeted veins and visible gold in the hornfelsed country rock south of the Josephine intrusion (see Figures 3 and 4). The identification of mineralized veins within and adjacent to the western edge of the Pukelman intrusion. The slight expansion of and the confirmation of mineralized veins within the Big Creek intrusion. \"The discovery of visible gold in outcrop on surface at the Josephine Zone is very exciting and provides additional support that the Clear Creek Intrusive Complex, encompassing the 5 km extensional mineralized corridor that spans across both the Blackjack and Eiger deposits, has the potential to host additional gold deposits of significant size and grade\", said Cor Coe, CEO and Director of Sitka Gold. \"The recent interpretation of the high resolution MAG survey we conducted last year, along with the compilation of historical geochemical surveys across the area, highlighted several new targets throughout the Clear Creek Intrusive Complex that we have only just be...