Business
Sitka Gold Drills 16.0 Metres of 2.18 g/t Gold at RC Gold in Yukon
VANCOUVER, CANADA - TheNewswire – January 20, 2022 - Sitka Gold Corp. (“Sitka” or the “Company”) (CSE:SIG) (CNSX:SIG.CN) (FSE:1RF) (OTCQB:SITKF) is pleased to a
About this update from Sitka Gold Corp.
[{"type":"text","content":"VANCOUVER, CANADA - TheNewswire – January 20, 2022 - Sitka Gold Corp. (“Sitka” or the “Company”) (CSE:SIG) (CNSX:SIG.CN) (FSE:1RF) (OTCQB:SITKF) is pleased to announce final assay results from 5 diamond drill holes (DDRCCC-21-016 through DDRCCC-21-020) from the Company’s 2021 summer exploration program at its RC Gold Project (“RC Gold” or the “Project”). The Company completed a 15-hole, 5,000 metre diamond drill program on the Saddle-Eiger zone at the RC Gold Project during the 2021 exploration season. Assay results from all 15 holes (DDRCCC-21-007 through DDRCCC-21-021) have now been received. DDRCCC-21-016 and -017 were drilled at the Eiger zone. Drill holes DDRCCC-21-018 through DDRCCC-21-020 were drilled at the Saddle Ridge zone (see Figure 1) – approximately 750 metres east of the Saddle West zone where DDRCCC-21-021 (“Hole 21”) intersected 220.1 metres of 1.17 g/t gold from surface (see Company news release dated December 13, 2021), and 1,000 metres west of the Eiger zone (see Figures 2 and 3). All results for the 2021 summer drilling program have now been received and released. Mobilization for a 2022 winter diamond drill program at the Project is currently underway with drilling expected to start later this month to follow up on the results from Hole 21. “We are very pleased with the results from our 2021 exploration program at the RC Gold Project. Drilling has continued to demonstrate that there is significant gold enrichment in this system along a wide, 2,000 metre long structural corridor of sheeted veining stretching from the Saddle West zone through the Saddle Ridge zone and on to the Eiger zone. Visible gold was also observed in DDRCCC-21-019 which coincided with a 0.3 metre intercept that returned over 1 ounce per tonne of gold and reflects what we believe to be a continuation of the high-grade gold corridor recently discovered in Hole 21 located over 700 metres away at the Saddle West zone. Our understanding of the geologic controls to mineralization within this system has grown tremendously this past field season and we are very excited about the opportunity to apply that knowledge to our upcoming drill programs planned for this winter and the summer field season. Our focus this winter will be on following up at the Saddle West zone and on the results from Hole 21”, stated Cor Coe, P.Geo., CEO ...