Sitka Gold is pleased to announce that the 2023 drill program has been completed at its Alpha Gold Property located at the southeast end of the Cortez Trend. A total of 1027.3m was drilled in four holes as shown in Table 1 and Figure 2. All four drill holes encountered significant intercepts of strong alteration and mineralization consistent with known Carlin-type gold deposits. "We are extremely encouraged with what has [...]
Sitka Gold is pleased to announce that it has secured a drilling contractor to complete winter and summer diamond drilling programs at its RC Gold Project located in the prolific Tombstone Gold Belt in the Yukon. Preparation of crew and equipment is currently underway and mobilization for the winter drilling program is anticipated to begin next month. Kluane Drilling Ltd., a highly experienced drilling company based in [...]
Sitka Gold is pleased to provide an update and summary of the pivotal 2023 exploration season at its year-round, road-accessible, RC Gold Property. The Company has progressed RC Gold from an initial 1500 metre reconnaissance diamond drill program in 2020 to the discovery of the Blackjack and Eiger deposits with an initial pit-constrained inferred resource estimate of 1.34 million ounces of gold published in 2023 [...]
Sitka Gold is pleased to announce that it has acquired 100% ownership in the Clear Creek Property that is one of the underlying properties in the Company's contiguous, road accessible 386 square km RC Gold Property in Yukon, and contains the recently announced Blackjack and Eiger Gold Deposits. The Company has completed all the exploration requirements and has made all property cash and share payments pursuant to the [...]
Sitka Gold is pleased to announce that the Company has closed its previously announced non-brokered private placement for aggregate gross proceeds of approximately $2,602,858 through the issuance of 13,014,289 charity flow-through units at a price of $0.20 per Charity FT Unit. Each Charity FT Unit was issued as part of a charity arrangement and is comprised of one "flow-through" common share in the capital of the Company [...]
Sitka Gold is pleased to announce a non-brokered private placement of charity flow-through units at a price of $0.20 per Charity FT Unit, for aggregate gross proceeds of up to $2,000,000. Each Charity FT Unit will be issued as part of a charity arrangement and will consist of one "flow-through" common share in capital of the Company and one-half of one common share purchase warrant. Each Warrant will entitle the holder [...]
Sitka Gold is pleased to announce that the Company has closed its previously announced non-brokered private placement for total gross proceeds of $2,105,059.86 through the issuance of 11,694,777 flow-through units at a price of $0.18 per FT Unit. Each FT Unit is comprised of one flow-through common share in the capital of the Company and one-half of one common share purchase warrant. Each Warrant entitles the holder to [...]
Sitka Gold is pleased to announce a non-brokered private placement of flow-through units at a price of $0.18 per FT Unit, for aggregate gross proceeds of up to $1,250,000. Each FT Unit will consist of one flow-through common share in capital of the corporation and one-half of one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one non-flow-through Common Share at a price of $0.36 [...]
VSitka Gold is pleased to announce that drilling has commenced at its Alpha Gold Property located at the southeast end of the Cortez Trend. The Alpha Gold Property, which includes the Pipeline, Cortez Hills and Gold Rush mines. Similar stratigraphy and structure occur along trend to the Alpha Gold Property where previous drilling has intersected Carlin-Type mineralization and strong alteration. The company believes that [...]
Sitka Gold Corp. is pleased to announce the results of drill holes DDRCCC-23-048 through DDRCCC-23-054, the 8th to 14th holes completed during the 2023 diamond drilling program at the Company's 376 square km road accessible RC Gold Project. Analytical results for an additional 2 diamond drill holes completed at RC Gold are pending. Gold assay highlights from this release: DDRCCC-23-054 84.0 m of 1.21 g/t Au from surface [...]
Sitka Gold is pleased to announce that it has signed a contract with Midnight Sun Drilling Inc., a highly reputable drill contractor with over 50 years of experience, to carry out the next phase of drilling at its Alpha Gold Property. The company believes that there is significant potential for high grade gold mineralization within structures at the Horse Canyon Equivalent/Devil's Gate contact and drilling designed to [...]
Sitka Gold Corp. is pleased to announce the results of drill hole DDRCCC-23-47, the fifth hole completed during the 2023 diamond drilling program at the Company's 376 square kilometre, road accessible RC Gold Project located in Yukon's Tombstone Gold Belt , approximately 100 kilometres east of Dawson City. Hole 47 produced the best gold intercepts drilled to date at RC Gold and significantly extends the known gold [...]
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