Sitka Drills 290.5 m of 1.10 g/t Gold, Including 105.0m of 1.68 g/t Gold, at its RC Gold Project, Yukon

Newsfile Corp.
16 min read

In This Article:

  • DDRCCC-24-062 ("Hole 62") returned 290.5 m of 1.10 g/t gold, including 105.0 m of 1.68 g/t gold and 34.5 m of 2.61 g/t gold

  • DDRCCC-24-061 ("Hole 61") returned 206.0 m of 0.64 g/t gold including 27.0 m of 1.01 g/t gold and 1.0 m of 23.7 g/t gold

  • Drilling continues to expand mineralization with persistent higher-grade gold values south of the Blackjack deposit

  • Multiple occurrences of visible gold noted in DDRCCC-24-067

  • Second drill now turning at the Rhosgobel Intrusion target on newly acquired property

Vancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") is pleased to announce recently received assay results from the ongoing 2024 diamond drilling campaign at its road accessible RC Gold Project ("RC Gold" or the "Project") located approximately 100 km east of Dawson City in Yukon's prolific Tombstone Gold Belt. Results from DDRCCC-24-059, -060, -61 and 062 continue to demonstrate strong gold mineralization on the southern continuation of the Blackjack Zone.

Assay highlights from this release include:

DDRCCC-24-062:

  • 291.5 m of 1.10 g/t gold from 236.0 m including

    • 105.0 m of 1.68 g/t gold from 421.6 m

    • 34.5 m of 2.61 g/t gold from 492.0 m

    • 7.0 m of 4.41 g/t gold from 516.5 m

DDRCCC-24-061:

  • 206.0m of 0.64 g/t gold from 127.5 m including

    • 9.8 m of 1.98 g/t gold from 139.0 m

DDRCCC-24-060:

  • 10.7 m of 0.73 g/t gold from 186.3 m and

  • 29.0 m of 1.12 g/t gold from 246.0 m

DDRCCC-24-059:

  • 58.0 m of 0.79 g/t gold from 12.0 m including

    • 39.0 m of 1.06 g/t gold from 33.0 m

    • 2.0 m of 12.10 g/t gold from 68.0 m

"Drilling continues to expand gold mineralization south of the Blackjack gold deposit with some of our highest-grade gold intercepts reported to date in Hole 62 which was collared 145 metres southeast of the current pit boundary and 185 metres south of Hole 31, the most southerly hole in the current published resource", stated Cor Coe, Director and CEO of Sitka Gold. "Step out drilling south of the Blackjack deposit shows that mineralization continues along the newly identified Blackjack Mineralized Corridor which has been traced for several kilometres to the south through the Pukelman West and Rhosgobel intrusions (see Figure 2). Results from recent drilling also demonstrate that gold mineralization appears to strengthen at depth, suggesting a fully preserved intrusion related gold system is present. With two drill rigs now turning we are looking forward to additional expansion drilling at our Blackjack deposit while we drill additional targets at RC Gold including drilling at Rhosgobel which is currently underway."

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