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Sitka Gold Drills 82.0 Metres of 0.61 g/t Gold at RC Gold in Yukon
VANCOUVER, CANADA - TheNewswire - October 21, 2021 - Sitka Gold Corp. (“Sitka” or the “Company”) (CNSX:SIG.CN) (FSE:1RF) (OTC:SITKF) is pleased to announce the
About this update from Sitka Gold Corp.
[{"type":"text","content":"VANCOUVER, CANADA - TheNewswire - October 21, 2021 - Sitka Gold Corp. (“Sitka” or the “Company”) (CNSX:SIG.CN) (FSE:1RF) (OTC:SITKF) is pleased to announce the results for 3 additional diamond drill holes from the Company’s 2021 exploration program at the Saddle – Eiger zone on its RC Gold Project (“RC Gold” or the “Project”). The results presented herein are for holes DDRCCC-21-013, DDRCCC-21-014, and DDRCCC-21-015 all of which were drilled in the Eiger zone, located at the east end of the 2,000 metre long Saddle – Eiger target (Figure 1). Highlights from these drill holes include*: 213 metres of 0.45 g/t gold from 113.0 to 326.0 metres in hole DDRCCC 21-013 including: 59.0 metres of 0.62 g/t gold from 267.0 to 326.0 metres including: 15.0 metres of 1.25 g/t gold from 299.0 to 314.0 metres. 212 metres of 0.41 g/t gold from 265.0 to 477.0 metres in hole DDRCCC 21-014 including: 82.0 metres of 0.61 g/t gold from 273.0 to 355.0 metres and: 10.0 metres of 1.15 g/t gold from 154.0 to 164.0 metres *see Table “The results from these holes continue to demonstrate the significant potential of the Eiger zone, and have greatly increased our confidence in the continuity, both laterally and to depth, of higher density mineralized corridors within this zone.” states Cor Coe, CEO of Sitka. “The projection of these structurally controlled higher grade corridors towards the Saddle zone, 2,000 metres to the west where we intersected 318 metres of 0.45 g/t gold earlier this year in hole DDRCCC-21-007, including 32 metres of 1.23 g/t gold (see news release dated August 19, 2021), has us very excited about the potential size of this deposit.” DDRCCC 21-013 was a 90 m step-back hole from DDRCCC-21-012 and collared in sediments before intersecting the Eiger stock at 82.9 m downhole and remaining in diorite and later intrusive dikes until the end of the hole at 476 m. The average grade of the intrusive units from 82.8 m to end of hole at 476 m is 0.32 g/t gold over 393.2 metres. Gold mineralization is best developed within the intrusive units and primarily associated with quartz veining associated with increased amounts of arsenopyrite and bismuthinite. The highest grade composite interval of 15 m grading 1.25 g/t Au between 299 m and 314m is centered over a 4.6 m intersection of feldspar porphyritic dike which correlates approximately 120 m down dip ...