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Sitka Gold Drills 191.0 Metres of 1.16 g/t Gold Including 89.0 Metres of 2.03 g/t Gold and 11.0 Metres of 5.80 g/t Gold at its RC Gold Project, Yukon
VANCOUVER, BC / ACCESSWIRE / May 1, 2024 / Sitka Gold Corp. ("Sitka" or the "Company") (TSXV:SIG)...
About this update from Sitka Gold Corp.
[{"type":"text","content":"Sitka Gold Drills 191.0 Metres of 1.16 g/t Gold Including 89.0 Metres of 2.03 g/t Gold and 11.0 Metres of 5.80 g/t Gold at its RC Gold Project, YukonVANCOUVER, BC / ACCESSWIRE / May 1, 2024 / Sitka Gold Corp. (\"Sitka\" or the \"Company\") (TSXV:SIG)(FSE:1RF)(OTCQB:SITKF) is pleased to announce the first drill hole DDRCCC-23-057 (\"Hole 057\") of the 2024 drill campaign has intersected significant gold results south of the current Blackjack Gold Deposit resource. Hole 57 was the first of two holes completed during the 2024 winter diamond drilling program at the Company's 386 square kilometre, road accessible RC Gold Project (\"RC Gold\" or the \"Project\") located in Yukon's Tombstone Gold Belt (\"TGB\"), approximately 100 kilometres east of Dawson City. (see Table 1). Hole 57 intersected 191.0 metres (m) grading 1.16 g/t gold including 11.0 m of 5.80 g/t gold within 89.0 m of 2.03 g/t gold confirming persistent gold mineralization continues 175 metres below and 45 metres to the southeast of DDRCCC-23-047 (\"Hole 47\"), which returned the best drill hole results to date with 219.0 m of 1.34 g/t gold, including 124.8 m of 2.01 g/t gold and 55.0 m of 3.11 g/t gold (see news release dated September 26, 2023).DDRCCC-24-057 Highlights:191.0 m of 1.16 g/t Au from 327. m including;89.0 m of 2.03 m g/t Au from 419.0 m11.0 m of 5.80 g/t from 459.0 m2.0 m of 21.20 g/t from 468.0 m\"The results from Hole 57 are very significant as they confirm that the higher-grade gold mineralization discovered in Hole 47 last year continues a further 45 metres to the southeast and 175 metres to vertical depth and remains wide open\", stated Cor Coe, Director and CEO of Sitka. \"While hole 57, which was a fairly aggressive step out from our discovery at Hole 47, has successfully demonstrated the potential of this area to add significant, higher-grade tonnage to our growing gold resource, it also highlights the persistent gold mineralization being exhibited within the the metasediments, in addition to the intrusive rocks of this system. We believe that this will ultimately contribute to a very large gold endowment within the cluster of intrusive rocks and surrounding metasediments that make up the Clear Creek Intrusive Complex. Our 2024 diamond drilling program at RC Gold is off to a great start and we are eagerly awaiting the pending assay results for Hol...