Business
Sitka Gold Encounters Multiple Observations of Visible Gold in First Two Diamond Drill Holes Ever Completed at the Rhosgobel Intrusion at Its Flagship RC Gold Project in Yukon
Multiple instances of visible gold observed in drill core from first diamond drill holes ever com...
About this update from Sitka Gold Corp.
[{"type":"text","content":"Sitka Gold Encounters Multiple Observations of Visible Gold in First Two Diamond Drill Holes Ever Completed at the Rhosgobel Intrusion at Its Flagship RC Gold Project in YukonMultiple instances of visible gold observed in drill core from first diamond drill holes ever completed at the Rhosgobel reduced intrusion-related gold deposit target located 5 km south of the Blackjack gold deposit.Gold mineralization appears to extend at least 250 metres below the extent of historical drilling.Large zones of reduced intrusion-related sheeted veins and breccias intersected below historical drilling.11 instances of visible gold observed in hole DDRCRG-24-002.Vancouver, British Columbia--(Newsfile Corp. - October 9, 2024) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) (\"Sitka\" or the \"Company\") is pleased to announce that several instances of visible gold have been observed in the first two diamond drill holes ever completed at the Rhosgobel reduced intrusion-related gold deposit target, located approximately 5 kilometres south of the Blackjack gold deposit, at its year-round road accessible RC Gold Project in Yukon. The 2024 drilling at Rhosgobel suggests that gold mineralization continues for at least 250 metres beyond the depth of previous reverse circulation drilling that had ended in mineralization at a depth of 70 metres. Assay results for these drill holes are pending. The Company currently has two drills operating at its RC Gold property and is awaiting analytical results for other completed drill holes, including drill hole DDRCCC-24-068, which returned over 40 instances of visible gold from near surface (4 metres) to 680 metres depth (see news release dated September 11, 2024).Figure 1 - A cross section of the 2024 drilling on the Rhosgobel intrusion showing the locations of visible gold observed in the drill core.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6144/226107_a4977d9ce423ca1b_001full.jpgFigure 2 - Examples of instances of visible gold observed throughout DDRCRG-24-001 (a - b) and DDRCRG-24-002 (c - f). Visible gold is often associated with bismuthinite, scheelite, and arsenopyrite. Assays for these drill holes are currently pending.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6144/2...