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Sitka Gold Intercepts 205.8 Metres of 1.01 g/t Gold From Surface, Including 91.0 Metres of 1.61 g/t Gold at its RC Gold Project in Yukon
VANCOUVER, BC, May 17, 2022 /CNW/ - Sitka Gold Corp. ("Sitka" or the "Company") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to announce assay results from d
About this update from Sitka Gold Corp.
[{"type":"text","content":" VANCOUVER, BC, May 17, 2022 /CNW/ - Sitka Gold Corp. (\"Sitka\" or the \"Company\") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to announce assay results from diamond drill hole DDRCCC-22-023 (the \"drill hole\" or \"Hole 23\"), the second drill hole completed during the Company's 2022 winter exploration program at its road accessible, district scale RC Gold Project (\"RC Gold\" or the \"Project\") located within the Yukon's prolific Tombstone Gold Belt (see Figure 1). Four diamond drill holes were completed during the 2022 winter drilling program (DDRCCC-22-022 to DDRCCC-22-025) for a total of 1,242.8 metres. Drilling is expected to resume at the RC Gold Project in the next couple of weeks utilizing two drill rigs that will be focused on the Blackjack zone. Gold assay highlights from DDRCCC-22-023 include: 205.8 m of 1.01 g/t Au from surface including 91.0 m of 1.61 g/t Au from 46.0 m, 1.0 m of 10.95 g/t Au from 47.0 m, 1.0 m of 13.65 g/t Au from 68.0 m, 1.0 m of 16.8 g/t Au from 125.0 m. \"Hole 23 has produced some impressive results with characteristics similar to those seen in our initial Blackjack Zone discovery hole (Hole 21) and our first follow-up hole (Hole 22, see news release dated April 26, 2022) and continues to demonstrate that we have found a structurally controlled, high-grade gold corridor within the larger intrusion-related gold system at RC Gold,\" stated Cor Coe, P.Geo., CEO and Director of Sitka. \"Hole 23 is the second follow-up drill hole completed since our discovery of the Blackjack Zone, where Hole 21 returned 220.1 metres of 1.17 g/t gold from surface that included 50.5 metres of 2.08 g/t gold and the first follow up 2022 winter diamond drill hole, Hole 22 (collared approximately 100 metres south of Hole 21), returned 62 metres of 1.21 g/t gold including 14 metres of 3.85 g/t gold. With elevated gold values encountered from surface to the 205.8 metre depth of Hole 23, in both intrusive and metasedimentary host rocks, plus visible gold observed across several intervals (see Figure 5), we now have confirmation that this exciting new gold-rich zone is continuous along vertical section (depth) from Hole 21 through to Hole 22 and is indeed open for expansion (see Figure 4). As we eagerly await the assays from two additional follow-up drill holes completed during the winter drilling program (Holes...