Business
Sitka Gold Drills 20.3 Metres of 1.65 g/t Gold at RC Gold in Yukon
VANCOUVER, CANADA - TheNewswire - September 22, 2021 - Sitka Gold Corp. (“Sitka” or the “Company”) (CNSX:SIG.CN) (FSE:1RF) (OTC:SITKF) is pleased to announce as
About this update from Sitka Gold Corp.
[{"type":"text","content":"VANCOUVER, CANADA - TheNewswire - September 22, 2021 - Sitka Gold Corp. (“Sitka” or the “Company”) (CNSX:SIG.CN) (FSE:1RF) (OTC:SITKF) is pleased to announce assay results from an additional 3 diamond drill holes completed during the 2021 summer diamond drill program at its RC Gold project (“RC Gold” or the “Project”) located approximately 110 kilometres east of Dawson City, Yukon. Including the four discovery holes drilled in 2020, the Company has now completed 19 diamond drill holes at the Saddle – Eiger zone target area at RC Gold for a total of 6,494 metres drilled. Highlights from these drill holes include*: 402.5 metres of 0.40 g/t gold from 39.0 to 441.5 metres in hole DDRCCC 21-010 including: 37.8 metres of 1.03 g/t gold from 136.5 to 174.3 metres and, 20.3 metres of 1.65 g/t gold from 154.0 to 174.3 metres. 23.0 metres of 0.50 g/t gold from 123.0 to 146.0 metres in hole DDRCCC 21-011 including: 2.0 metres of 3.58 g/t gold from 144 to 146 metres 25.0 metres of 0.67 g/t gold from 25.0 to 50 metres in hole DDRCCC 21-012 including: 1.0 metres of 8.89 g/t gold from 39 to 40 metres 7.0 metres of 1.20 g/t gold from 166.0 to 173.0 metres in DDRCCC 21-012 including: 0.9 metres of 4.42 g/t gold from 172.1 to 173.0 metres. *see Table 1 Cor Coe, P.Geo., CEO of Sitka, comments: “The drilling at RC Gold continues to demonstrate the robust nature of the intrusion related gold system presently being delineated at the Saddle - Eiger zone and the potential for this target area to host an economic gold deposit. Results received to date from our summer drilling program show a continuity of significant intervals of elevated gold mineralization with grades comparable to the average resource grade of existing mines within the Tintina Gold Belt*, along with narrower intervals of higher grade mineralization in the 3.58 to 13.5 g/t Au range. All samples from the summer drill program have been delivered to the laboratory and we look forward to compiling and releasing further results as they are received.” * See Deposit Model below. Holes DDRCCC-21-010, DDRCCC-21-011 and DDRCCC-21-012 were all drilled at the Eiger zone at the east end of the 2,000 metre long Saddle – Eiger zone target, where previous drilling in 2020 and earlier this year had identified narrow intersections of higher grade gold within broader intervals of elevate...