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Sitka Gold Drills 82.0 Metres of 2.04 g/t Gold From Surface, Including 19.5 Metres of 4.87 g/t Gold, Within 201.0 Metres of 1.26 g/t Gold at Its RC Gold Project, Yukon
VANCOUVER, BC, Jan. 11, 2023 /CNW/ - Sitka Gold Corp. ("Sitka" or the "Company") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to release assay results for th
About this update from Sitka Gold Corp.
[{"type":"text","content":" VANCOUVER, BC, Jan. 11, 2023 /CNW/ - Sitka Gold Corp. (\"Sitka\" or the \"Company\") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to release assay results for the final drill holes of the 2022 diamond drill program completed at the Company's district-scale RC Gold Project (\"RC Gold\" or the \"Project\"), a 376 square kilometre contiguous land package with year-round road access located in the heart of Yukon's Tombstone Gold Belt (TGB). Gold assay highlights from this new release include: 201.0 m of 1.26 g/t Au from surface in DDRCCC-22-040, including 82.0 m of 2.04 g/t Au from surface including; 19.5 m of 4.87 g/t Au from surface including; 2.0 m of 31.20 g/t Au from 16.0 m 10.0 m of 0.60 g/t Au from 357.0 m in DDRCCC-22-039 and 12.0 m of 0.52 g/t Au from 336.0 m and 3.0 m of 0.97 g/t Au from 458.0 m Cor Coe, P.Geo., CEO and Director of Sitka commented, \"The 2022 step-out drilling at RC Gold was extremely rewarding for Sitka with the results of these latest drill holes highlighting the tremendous potential of the Blackjack zone, which was just discovered in December, 2021. DDRCCC-22-040 is one of the best holes we have drilled to date at RC Gold with the entire 201.0 metre length averaging 1.26 g/t gold including 82.0 m grading 2.04 g/t gold and 19.5 m of 4.87 g/t Au from the casing at surface. Several other impressive intervals including 2 metres of 31.20 g/t gold were encountered throughout the hole which also contained visible gold (see Figure 3 and Table 1). Our winter and summer diamond drilling programs last year were successful in demonstrating the continuity of strong and persistent gold mineralization throughout the Blackjack zone, which remains open in all directions. With the potential to also link gold mineralization for up to 2 kilometres across both the Saddle and Eiger Zones (see Figure 1), we are eager to aggressively add potential tonnage and unlock additional value with continued exploration at our quickly evolving, district scale and road accessible RC Gold Project.\" Drilling to date at the RC Gold Project has produced long intercepts with significant gold grades, as highlighted by Hole 40 (see Table 1), and has confirmed the continuity of significant and persistent gold mineralization within the Blackjack zone to surface, which remains open in all directions and demonstrates significantl...