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Sitka Gold Drills 318 Metres of 0.45 g/t Gold at RC Gold, Yukon
VANCOUVER, CANADA - TheNewswire - August 19, 2021 - Sitka Gold Corp. (“Sitka” or the “Company”) (CNSX:SIG.CN) (FSE:1RF) (OTC:SITKF) is pleased to announce signi
About this update from Sitka Gold Corp.
[{"type":"text","content":"VANCOUVER, CANADA - TheNewswire - August 19, 2021 - Sitka Gold Corp. (“Sitka” or the “Company”) (CNSX:SIG.CN) (FSE:1RF) (OTC:SITKF) is pleased to announce significant assay results from the first three drill holes completed this season at its RC Gold Project in Yukon (the “Project”) where an active drill program is currently underway. To date, during the 2021 drill campaign, 14 drill holes totalling 4,634 metres have been completed on the district scale RC Gold Project testing high priority targets located at the Saddle and Eiger Zones (see Figure 1). Highlights from these drill holes include*: 318 metres of 0.45 g/t gold from 18 metres to 336 metres in DDRCCC21-007 including: 104 metres of 0.57 g/t gold from 128 to 232 metres and 92 metres of 0.61 g/t gold from 262 to 353 metres and 32 metres of 1.23 g/t gold from 262 to 294 metres and 14 metres of 2.09 g/t gold from 280 to 294 metres and 2 metres of 5.49 g/t gold from 284 to 286 metres. 354 metres of 0.41 g/t gold from 76 metres to 430 metres in DDRCCC21-009 including: 72 metres of 0.72 g/t gold from 76 m to 148 m and 12 metres of 1.52 g/t gold from 198 to 210 metres and 48 metres of 0.42 g/t gold from 295 to 234 metres and 1 metre of 5.74 g/t gold from 295 to 296 metres. *see Table 1 Drill hole RCCC21-007 was drilled at the Saddle Zone at the same drill site location as last year’s drill hole RCCC20-002 but with an azimuth of 208 degrees and a dip of -58 degrees (RCCC20-002 was drilled at an azimuth of 200 degrees and a dip of -58 degrees and ended in 2 m of 16.10 g/t gold from 294 to 296 m (see news release dated November 23, 2020)). Drill hole RCCC21-007 intersected primarily intrusive rock with quartz veins and veinlets containing varying amounts of pyrrhotite, pyrite, arsenopyrite and bismuthinite. Almost the entire hole was enriched in gold, with higher gold grades associated with elevated bismuth values, a typical feature of intrusion related gold systems. Visible gold with bismuthinite was also identified in the hole. The intersection of 2 m of 5.49 g/t gold from 284 to 286 m in hole RCCC21-007 is projected to occur 30 m to the west of the intersection of 16.1 g/t gold from 294 to 296 m in hole RCCC20-002 and likely represents the same structure (see inset Figure 1). Such variations in gold grade are not unexpected in gold systems, especially systems containing vi...