Business
Sitka Gold Drills 449.0 Metres of 0.74 g/t Gold from Surface, Including 138.0 Metres of 1.14 g/t Gold at RC Gold Project, Yukon
VANCOUVER, BC, Sept. 5, 2023 /CNW/ - Sitka Gold Corp. ("Sitka" or the "Company") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to announce assay results from
About this update from Sitka Gold Corp.
[{"type":"text","content":" VANCOUVER, BC, Sept. 5, 2023 /CNW/ - Sitka Gold Corp. (\"Sitka\" or the \"Company\") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to announce assay results from the first three diamond drill holes (DDRCCC-23-043, 044 and 045) of the Company's 2023 summer drill program on the Company's 376 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. A diamond drilling program of up to 10,000 metres is currently underway at RC Gold where an Initial Mineral Resource Estimate of 1,340,000 ounces of gold beginning at surface and grading 0.68 g/t was announced earlier this year (see news release dated January 19, 2023). Assay highlights include: Drill Hole 043 449.0 metres (m) of 0.74 g/t Au from 4.0 m (surface) including: 28.0 m of 0.91 g/t Au from 4.0 m, 40.0 m of 1.02 g/t Au from 81.0 m, 138.0 m of 1.14 g/t Au from 315.0 m, 14.0 m of 3.28 g/t Au from 345.0 m. Drill Hole 044 161.8 m of 0.71 g/t Au from 107.2 m including: 24.0 m of 1.10 g/t Au from 143.0 m 34.0 m of 1.66 g/t Au from 235.0 m, 16.0 m of 2.36 g/t Au from 253.0 m. Drill Hole 045 52.5 m of 0.51 g/t Au from 57.0 m including: 14.0 m of 0.80 g/t Au from 57.0 m and, 2.0 m of 1.87 g/t Au from 161.0 m, 1.4 m of 2.08 g/t Au from 221.6 m, 13.7 m of 0.90 g/t Au from 327.3 m, 6.0 m of 1.02 g/t Au from 377.0 m. \"The results from the first three drill holes completed during our summer drill program at RC Gold continue to illustrate just how consistent and well-endowed the gold mineralization is at our expanding Blackjack deposit\", commented Cor Coe, Director and CEO of Sitka Gold. \"Extending Hole 43 added another 30 metres of 0.78 grams per tonne gold to the end of that drill hole (see news release dated June 21, 2023) resulting in an impressive 449.0 metre interval grading 0.74 grams per tonne gold beginning at surface. Drill holes 044 and 045 continue to expand this gold deposit to the south with several additional intervals of greater than one gram per tonne gold encountered (see Table 1). Step out drilling and fieldwork to expand both the Blackjack and Eiger gold deposits, both of which remain wide open, have been the primary focus of our 2023 summer field ...