Drilling to target a new sediment-hosted copper discovery at the Copper Leaf showing where surface grab samples have returned copper and silver assays as high as 13.45% Cu and 65.0 g/t Ag; two separate geophysical surveys completed to date show an open gravity anomaly below the grab sample area, with a current strike length of over 400 metres Drilling is also planned to test volcanic-hosted high-grade copper targets at [...]
Visible gold intersected in all target areas drilled including the first 3 holes drilled this year at the Rhosgobel target DDRCCC-25-077 intersects 211.2 m of 1.13 g/t gold including 73.2 m of 2.05 g/t gold Over 10,000 m in 23 holes of planned 30,000 m drill program completed to date Sitka collars 100th drill hole on the RC Gold Project since initial drilling began in 2020 Four drill rigs currently turning at the [...]
Extension of DDRCCC-25-076 confirms significant gold mineralization continues for over one kilometre from surface at the Blackjack deposit and confirms the potential for an underground mining component to the deposit Fourth drill rig mobilizing to the Rhosgobel target where up to 10,000 m of drilling is planned to follow up on discovery drill holes announce last fall First ever visible gold observed in drill core from the [...]
Three diamond drills currently operating and a fourth diamond drill rig on site as part of the fully funded 30,000 m drilling campaign planned at RC Gold this year, more than doubling the amount of drilling completed by Sitka Gold since work was initiated in 2020 Additional visible gold observed in Hole 76 after it was re-entered and extended from 810.8 m to 944.9 m, the deepest hole ever drilled at Blackjack Visible gold [...]
DDRCC-25-076 confirms and extends high-grade gold mineralization at Blackjack with 25.0 m of 5.04 g/t gold, within 86.4 m of 1.65 g/t gold, and a separate interval of 12.2 m of 4.55 g/t gold within 94.0 m of 1.15 g/t gold Hole 76 was the deepest hole ever drilled at RC Gold with a drilled length of 810.8 m and strong gold mineralization encountered at the bottom of the hole suggests this high-grade gold zone continues [...]
DDRCC-25-075 delivers best high-grade intercept drilled to date at Blackjack with 352.8 m of 1.55 g/t gold including 108.9 m of 3.27 g/t gold and 45.0 m of 4.52 g/t gold Hole 75 is the first diamond drill hole to be completed as part of a fully funded 30,000 m drilling program planned at RC Gold for 2025 Results from Hole 75 extend the high-grade gold zone discovered late last year in Hole 68 Assay results from Hole 75 [...]
Sitka Gold is pleased to announce it has closed its previously announced "bought deal" brokered private placement and a non-brokered private placement for aggregate gross proceeds of $11,862,243. The Brokered Offering was led by Beacon Securities Limited on behalf of a syndicate of underwriters including Agentis Capital Markets Partnership, Paradigm Capital and Cormark Securities, consisting of 14,705,882 common shares [...]
Sitka Gold is pleased to announce it has entered into an agreement pursuant to which Beacon Securities, on behalf of a syndicate of underwriters, has agreed to purchase, on a "bought deal" private placement basis, 14,705,882 common shares that will qualify as "flow-through shares" within the meaning of the Income Tax Act of the Company at a price of $0.68 per FT Share for gross proceeds to the Company of $10,000,000 [...]
DDRCCC-25-075 was drilled to a length of 715.97 metres to test depth continuity of Blackjack gold mineralization and encountered over 130 instances of visible gold Hole 75 confirms strong gold mineralization extends approximately 70 metres northeast from Hole 68 Hole 75 is the first hole to be completed as part of Sitka's fully funded 30,000 metre drill program planned for 2025, the largest drill program ever conducted at [...]
Sitka Gold Corp. is pleased to announce the appointment of Gilles Dessureau, M.Sc., P.Geo., to the position of Vice President of Exploration. Mr. Dessureau will succeed Greg Dawson as V.P. Exploration, who will remain as a Director and transition to the role of Senior Technical Advisor for the company. The Company is also pleased to announce that Brad Thrall, B.Sc., MBA, will join its Technical Advisory team as a [...]
Sitka Gold Corp. announces that, further to the Company's news release dated January 21, 2025 announcing an updated Mineral Resource Estimate at the Blackjack gold deposit, the Company is today filing an independent technical report on its 100% owned RC Gold Project in the Yukon Territory. The technical report, titled "Clear Creek Property, RC Gold Project NI 43-101 Technical Report Dawson Mining District, Yukon [...]
Fully funded 30,000 metre drill program initiated at RC Gold with approximately 15,000 metres allocated to expanding and further defining the wide-open Blackjack gold deposit along with additional drilling at the Saddle target and wide-open Eiger gold deposit 15,000 metres allocated to follow up drilling at the Rhosgobel and Pukelman discoveries and to test additional drill ready targets within the Clear Creek Intrusive [...]
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