Business
Sitka Gold Drills 146.6 metres of 0.90 g/t Gold in Step Out Drilling at its RC Gold Project, Yukon
VANCOUVER, BC, Sept. 7, 2022 /CNW/ - Sitka Gold Corp. ("Sitka" or the "Company") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to release assay results for th
About this update from Sitka Gold Corp.
[{"type":"text","content":" VANCOUVER, BC, Sept. 7, 2022 /CNW/ - Sitka Gold Corp. (\"Sitka\" or the \"Company\") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to release assay results for the first six holes completed at the Blackjack zone from the Phase II summer portion of the 2022 diamond drill program located at the Company's RC Gold Project (\"RC Gold\" or the \"Project\") in the Yukon's Tombstone Gold Belt (TGB). 16 diamond drill holes were completed totaling 5,250 metres during the program, with assays still pending for 10 additional holes; 9 from the Blackjack zone and 1 from the MayQu target. Gold assay highlights from this release: 146.6 m of 0.90 g/t Au from surface in DDRCCC-22-030, including33.8 m of 1.42 g/t Au from 2.84 m; 116.0 m of 0.65 g/t Au from 27.0 m to 143.0 m in DDRCCC-22-029, including 19.0m of 1.02 g/t Au from 124.00 m; \"The results from the first six holes of our summer drilling program have produced significant gold bearing intervals that demonstrate the consistency of gold mineralization across this expanding zone,\" stated Cor Coe, P.Geo., CEO and Director of Sitka. \"All drill holes were mineralized over their entire length with highly anomalous gold values from surface to depth along with the higher-grade intervals summarised in Table 1. These holes have established higher-grade mineralization associated with a structural zone of late stage and post mineral intrusive dikes over 400 metres in an east west direction and over 450 metres of width to our extensional zone within our main intrusive body in a north-south orientation. These stepout holes demonstrate the potential scale and abundance of the Blackjack Zone and the approximately 2 km x 500 m extensional corridor area in general (see Figure 4). We are eagerly awaiting the results of the remaining holes as we continue to expand on this newly discovered gold prospect within our district-scale, road accessible RC Gold Project.\" Table 1 - Analytical Results for DDRCCC-22-026 through DDRCCC-22-031 Drillhole ID Azimuth (°) Dip (°) Length (m) From (m) To (m) Interval (m)* Au (g/t) DDRCCC-22-026 140 -45 374 152.0 194.0 42.0 0.43 including 167.0 184.1 17.1 0.64 including 167.0 176.0 9.0 0.74 DDRCCC-22-027 320 -55 209 6.0 18.0 12.0 0.83 34.0...