Business
Sitka Gold Intercepts 108.00 g/t Gold Over 1.2 Metres Within 4.15 g/t Gold Over 38.2 Metres at RC Gold Project, Yukon
VANCOUVER, BC , Sept. 11, 2023 /CNW/ - Sitka Gold Corp. ("Sitka" or the "Company") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to announce the results of dr
About this update from Sitka Gold Corp.
[{"type":"text","content":" VANCOUVER, BC , Sept. 11, 2023 /CNW/ - Sitka Gold Corp. (\"Sitka\" or the \"Company\") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to announce the results of drill hole DDRCCC-23-46 (\"Hole 46\"), the fourth hole completed in the 2023 summer drilling program at the Blackjack deposit 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 (m) is currently underway at RC Gold. DDRCCC-23-046 Highlights: 56.0 m of 1.23 g/t Au from 134.0 m including: 9.7 m of 2.81 g/t Au from 168.0 m and; 38.2 m of 4.15 g/t Au from 320.8 m including: 4.3 m of 33.10 g/t Au from 326.1 m including: 1.2 m of 108.00 g/t Au from 327.8 m. \"Drill hole DDRCCC-23-046 has produced our highest grade intercept to date with a remarkable 108.00 grams per tonne gold over 1.2 metres within 4.3 metres of 33.10 grams per tonne gold,\" commented Cor Coe, Director and CEO of Sitka Gold. \"Grades of this nature are quite exceptional for a reduced intrusion-related gold system and, along with several other high-grade drill intercepts and outcrop rock samples received to date, appear to indicate that there is a high-grade component to the gold system present at the Clear Creek Intrusive Complex (see Figure 1). Hole 46 confirms that persistent gold mineralization continues to the east of the current resource boundary and highlights the potential for mineralization to extend at least 550 metres through to the Saddle Zone where limited previous test drilling has returned some very encouraging numbers, such as 18.8 metres of 1.34 g/t gold. Results from Hole 46 further demonstrate the discovery potential that is still very present around our existing gold deposits and elsewhere within the northern extent of the Clear Creek Intrusive Complex. We eagerly await the many additional analytical results still to come from our ongoing diamond drilling campaign at RC Gold while we continue to grow our current gold resource, potentially identify consistent zones of high-grade mineralization and test additional high-priority targets within the northern extent of the Clear Creek Intrusive Complex.\" DDRCCC-23-046 Drill hole DDRCCC-23-046 was located just outside the eastern ...