Sitka Gold Corp. · TSXV:SIG
Sitka Gold — Investor Presentation (March 2021)
34 slides from Sitka Gold's investor presentation, March 2021
Slide 1: Discovering & Developing Gold and Silver Deposits in Arizona, Nevada and Yukon
Discovering & Developing Gold and Silver Deposits in Arizona, Nevada and Yukon CSE: SIG FSE: 1RF OTCQB: SITKF March 2021
Slide 2: Forward Looking Statement
Forward Looking Statement This Presentation contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "
Slide 3: About Sitka Gold Corp.
About Sitka Gold Corp. Fully financed with a recently closed $6.4 million non-brokered private placement Led by an established team of industry professionals with over 150 years of collective experience and a proven track record of past discoveries, mine production and shareholder success. Formed by
Slide 4: Corporate Team
Corporate Team BOARD OF DIRECTORS ADVISORY BOARD Corwin (Cor) Coe, B.Sc., P.Geo. – Chairman, Director & CEO Joseph (Joe) Piekenbrock, M.Sc. 35+ years experience in the mining sector primarily in Arizona, Nevada and Yukon; has put 35+ years of mining experience; past VP Exploration for NovaGold Resou
Slide 5: Company Snapshot
Company Snapshot 1 YEAR CHART — CSE: SIG INTERNAL DRIVERS • Acquisition of highly prospective projects during a prolonged market downturn • Project diversity across development stages, commodities and mining jurisdictions • Aggressive exploration schedules with year-round activity and news flow • Ex
Slide 6: Why Invest in Sitka Gold
Why Invest in Sitka Gold SIGNIFICANT UPSIDE POTENTIAL Newly listed company that is extremely undervalued compared SITKA vs. OTHER JUNIOR MINING COMPANIES to peers (approx. $21 million Market Cap) 700 A management team with the proven ability to aggressively explore and leverage its assets for shareh
Slide 7: Burro Creek Gold-Silver Deposit
BURRO CREEK GOLD-SILVER DEPOSIT ARIZONA Historical resource of: 5 million ounces silver 120,000 ounces gold • A massive, at surface, low sulphidation, epithermal Au-Ag vein system with a projected strike length of ~1.5 km • Only 10% of interpreted vein system drilled • Potential to significantly exp
Slide 8: Burro Creek Property Location
Burro Creek Property Location Located in Mohave County, Arizona approx. 200 km northwest of Phoenix, Arizona A very stable jurisdiction with a long history of mining success Road accessible; just 1 mile off Hwy 93 8
Slide 9: Burro Creek Property Details
Burro Creek Property Details Excellent access via gravel road, one mile west of Highway 93 and power lines. Property consists of 2 patented mining claims, 2 patented mill site claims (patented claims include surface rights), and 35 mining claims. The historical resource is located on patented mining
Slide 10: Burro Creek 2011 Historical Mineral Resource Estimate
Burro Creek 2011 Historical Mineral Resource Estimate 2011 HISTORICAL RESOURCE ESTIMATE RESOURCE Gold Silver Gold-Equivalent (AuEq)* CATEGORY using 0.5 g/t AuEq Tonnes (g/t) (oz/t) ozs (g/t) (oz/t) ozs (g/t) (oz/t) ozs cutoff grade INDICATED 2,331,871 1.01 0.032 75,567 36.77 1.18 2,756,778 1.63 0.05
Slide 11: Burro Creek 2008 Diamond Drill Program
Burro Creek 2008 Diamond Drill Program Confirmed historical grades. 33 drill holes for 2,565 m of drilling. Led to first NI 43-101 resource estimate on the property (2011). Treated as historical in nature, as it was released by former operator. Bonanza Grade Intersections: Over 1 oz/t gold and 24 oz
Slide 12: Burro Creek Historic Pit Design
Burro Creek Historic Pit Design Longitudinal Section of Burro Vein Project was previously permitted for production in 1980s Historical scoping study calculated attractive IRR of over 50% Collapse in gold price curtailed production efforts at the time Deposit is located on private patented mining cla
Slide 13: Burro Creek MMI Soil Survey
Burro Creek MMI Soil Survey The MMI soil survey outlines a strong gold anomaly between the known Burro deposit and the Southern Block Vein. This new target is postulated to mark the trace of the mineralized vein where it is not exposed. Initial drilling (completed April 2020) has confirmed the targe
Slide 14: Burro Creek 2020 Diamond Drill Program Results
Burro Creek 2020 Diamond Drill Program Results 10 drill holes and 1000m of drilling completed along first 250m south Confirmed target as being southern extension of the Burro Vein Significant Gold / Silver mineralization intercepts Geological interpretation shows gold/silver zonation deeper and down
Slide 15: Burro Creek 2020 Diamond Drill Program Highlights
Burro Creek 2020 Diamond Drill Program Highlights Drill hole BC19-56 intersects 41.08 m of 1.15 g/t gold and 51.30 g/t silver including: • 18.77 m of 2.20 g/t gold and 27.79 g/t silver • 1.07 m of 17.55 g/t gold and 33.00 g/t silver Drill hole BC19-57 intersects 50.63 m of 1.10 g/t gold and 35.97 g/
Slide 16: RC Gold Project, Yukon
RC GOLD PROJECT YUKON A district scale land package with several intrusion-related gold targets located in the heart of the Tintina Gold Belt • Approx. 376 km2 (37,700 hectares) • Largely under explored, highly fertile land package with recent road accessibility • Midway between the Brewery Creek &
Slide 17: RC Gold Project Overview
RC Gold Project Project Overview Newly road accessible, district scale claim package covering 376 km2 (93,000 acres) with similar geology and regional proximity to several intrusion related gold deposits; adjoins the 2 M oz Red Mt gold deposit to the north and Victoria Gold’s Clear Creek gold proper
Slide 18: RC Gold Project Location
RC Gold Project Project Location Located 100 km east of Dawson City, Yukon In the heart of the Tombstone Gold Belt - a geologically fertile region that lies within the larger Tintina Gold Belt In a mining friendly jurisdiction with a proven track record of discovery and mine development The largest
Slide 19: RC Gold Project Description
RC Gold Project Project Description Project comprised of 4 claim blocks - the RC Gold, Mahtin, Clear Creek and Barney Ridge properties Borders 1.95 M oz Au deposit to the north (Red Mountain) and Victoria Gold Corp’s Clear Creek Property to the west. Several producing placer gold mines active within
Slide 20: RC Gold Project 2020 Exploration Program
RC Gold Project 2020 Exploration Program 6 diamond drill holes totalling 1500 m completed across Clear Creek and RC Gold properties 140 m of trenching, 497 soil & 20 rock samples and a 42 km2 LiDAR survey were also completed across the Barney Ridge, Clear Creek and RC Gold properties 3 NEW GOLD DISC
Slide 21: RC Gold Project 2020 Drilling Result Highlights
RC Gold Project 2020 Drilling Result Highlights Results have been received and compiled for drill holes DDRCCC20-001, -002, -003 and -004 Highlights include: • 287.0 metres of 0.52 g/t gold from 9.0 to 296. metres (the entire hole) in DDRCCC20-002 including: o 231.0 metres of 0.61 g/t gold from 65 t
Slide 22: RC Gold Project Drillholes 001 to 004 Overview
RC Gold Project Drillholes 001 to 004 Overview Strategically positioned to test a large, overlying Saddle Zone >100 ppb to >500 ppb gold-in-soil anomaly that stretches over an area of approx. 2 km by 500 m Eiger Zone Drillholes 001 and 002 drilled to test mineralization reported in historical trench
Slide 23: RC Gold Project DDRCCC20-001 & 002
RC Gold Project DDRCCC20-001 & 002 Gold encountered from near surface to end of holes DDRCCC20-001 returned an intercept of 84.8 m of 0.52 g/t Au DDRCCC20-002 returned 0.52 g/t Au over its entire length (287 m), including 100.8 m of 0.82 g/t Au, and ended with high-grade intercept of 16.1 g/t Au ove
Slide 24: RC Gold Project DDRCCC20-003 & 004
RC Gold Project DDRCCC20-003 & 004 C-C Gold encountered from near surface to end of c c holes DDRCCC20-004 returned an intercept of e a c 139.1 m of 0.61 g/t Au and ended with high- r f Su grade intercepts in metasediments ~8 0m ~8 0m DDRCCC20-004 approximately 1800 metres from drillhole 002 Topogra
Slide 25: Alpha Gold Property, Nevada
ALPHA GOLD PROPERTY NEVADA A Calrin-type gold deposit target in the heart of the Carlin District • Located along the Cortez Gold Trend in Nevada’s Carlin province • Road accessible; 1 mile off highway • Surrounded by several multi-million ounce gold deposits • 2021 drilling intersected target zone w
Slide 26: Alpha Gold Location Nevada
Alpha Gold Nevada Location In the Carlin Gold Province with approx. 200 million ounces of gold discovered to date & 30 producing gold mines An ideal erosional level preserves prime Late Devonian carbonates at the crest of a structural dome, at mineable depths 26
Slide 27: Alpha Gold: A Highly Prospective Carlin-Type Gold Target
Alpha Gold A Highly Prospective Carlin-Type Gold Target Carlin-Type Deposits: The Carlin district is the second-most prolific gold-producing area in the world, with more than 30 operating mines and a total production of more than 84 million ounces (2016) Mega-deposits line up along Battle Mountain-C
Slide 28: Alpha Gold Regional Geology
Alpha Gold Regional Geology The Alpha Gold Targets are located where the Garden Valley Anticline intersects with the projection of the 50-million ounce Cortez Gold Trend This intersection provides an ideal setting for a Carlin-type gold deposition to occur The target at Alpha is analogous to NW Targ
Slide 29: Alpha Gold Northwest Target
Alpha Gold Northwest Target SitkaGold Alpha Gold’s NW Discovered after previously New Claim Target Block Area unknown stratigraphic information obtained from AG20-01 drilled in the SE claim block provided better resolution on local structural trends. AG21-02 and 21-03 successfully intersected the ta
Slide 30: Alpha Gold Drill Hole AG21-03
Alpha Gold Drill Hole AG21-03 Sitka Gold’s New Claim Block Drill hole testing NW target area was successful in intersecting targeted contact zone Highly altered host rock encountered from 240 - 450 feet Mineralization and alteration similar to the analogous Goldrush deposit 40km north along the Cort
Slide 31: Coppermine River Property, Nunavut
Coppermine River Property Nunavut A massive, under-explored district with the potential to host world-class stratiform sediment- hosted and volcanic-hosted copper deposits • 50,500-hectare (125,000-acre) land package located near Kugluktuk, NU. • High grade samples run up to 41.54% Cu • 100% owned b
Slide 32: Copper Leaf Showing
Alpha Gold Copper Leaf Showing New discovery made by Sitka during initial property reconnoissance Sediment-hosted Surface samples up to 13.45% copper and 65 g/t silver Mineralization traced for over 2 km Malachite and chalcocite mineralization Examples of this deposit type: • KAMOA MINE - Katanga, D
Slide 33: WIN Copper Showing
Alpha Gold WIN Copper Showing Sample of massive chalcocite and malachite (volcanic-hosted copper) 41.54% Cu (sample R442005) Example of this deposit type: • MT. ISA PROVINCE - Queensland, Australia 280.3 Million Tons @ 3.3% Cu (18.5 Billion Pounds of copper) 33
Slide 34: Recap & Future Plans
Recap & Future Plans Recently completed $6.4 million financing has Sitka cashed up for all 2021 planned exploration activities Drilling at Alpha Gold has successfully intercepted the Webb/Devil’s Gate target horizon and further supported our geological modelling with over 200 feet of excellent host