Sitka Intersects 47.6 Metres of 2.09 g/t Gold, Including 8.0 Metres of 5.07 g/t Gold near Surface at the Saddle Zone at Its RC Gold Project, Yukon
Initial follow-up drilling at Saddle Zone identifies intersections of near surface multi-gram gold mineralization with up to 47.6 m of 2.09 g/t Au including 8.0 m of 5.07 g/t Au in Hole 87 The high-grade, near surface gold mineralization at Saddle is within the proposed pit of the Blackjack Mineral Resource Estimate (MRE), 300 m east of the current Blackjack resource outline, and highlights the potential of this area to significantly increase the Blackjack MRE New results from step-out...
2025-07-17 8:30 AM EDT
Sitka Provides an Update on Drilling at Its RC Gold Project, Yukon, with Visible Gold Observed in All Holes Drilled to Date at the Rhosgobel Target
Drilling at Rhosgobel, 5 km to the south of the Blackjack gold deposit, continues to intersect RIRGS mineralization with visible gold observed in all holes drilled to date The 9 holes completed to date at Rhosgobel have outlined gold mineralization for over 250 m along strike, with mineralization extending from surface to a depth of ~350 m, and continues to be open in all directions Drilling continues to significantly expand known gold mineralization at Blackjack, Saddle and Eiger where...
2025-07-10 8:30 AM EDT
Sitka Commences the First Drill Program Ever to Be Conducted at Its Coppermine River Project in Nunavut Where up to 41.54% Copper and 13.45% Copper Have Been Identified in Volcanic-Hosted and Sediment-Hosted Target Areas
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 the WIN showing, located approximately 55 kms NE of the Copperleaf...
2025-07-08 8:30 AM EDT
Sitka Intersects 211.2 Metres of 1.13 g/t Gold Including 73.2 Metres of 2.05 g/t Gold in First Hole of the Season and Provides Update on Drilling at Its RC Gold Project, Yukon
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2025) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") is pleased to announce assay results and provide an update on the 30,000 metre planned d
2025-06-26 8:30 AM EDT
Sitka Deepens Winter Drill Hole and Intersects 65.0 Metres of 2.00 g/t Gold, Including 6.3 Metres of 5.53 g/t Gold; Mobilizes Fourth Drill Rig to the Rhosgobel Target at Its RC Gold Project, Yukon
Vancouver, British Columbia--(Newsf
2025-06-11 8:30 AM EDT
Sitka Intercepts Multiple Occurrences of Visible Gold in First Drill Holes of the Summer Season at Its RC Gold Project, Yukon
Three diamond drills currently operating and a fourth diamond drill rig on site as part of the fully funded 30,000 metre 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 observed in all drill holes completed so far this year Drilling is...
2025-06-02 8:30 AM EDT
Sitka Gold Intersects 25.0 Meters of 5.04 g/t Gold, Including 1.8 Metres of 54.70 g/t Gold Within 86.4 m of 1.65 g/t Gold at Its RC Gold Project, Yukon
DDRCC-25-076 ("Hole 76") 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 deeper at the Blackjack zone Hole 76 is the second hole of a...
2025-05-08 8:30 AM EDT
Sitka Gold Intersects 108.9 Metres of 3.27 g/t Gold Including 45.0 Metres of 4.52 g/t Gold Within 352.8 Metres of 1.55 g/t Gold at Its RC Gold Project, Yukon
DDRCC-25-075 ("Hole 75") 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 showcase the persistence and continuity of this higher-grade...
2025-04-22 6:00 AM EDT
Sitka Gold Closes $11.8 Million Financing
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2025) - Sitka Gold Corp. (TSXV: SIG) ("Sitka" or the "Company") 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 Limited Partnership, Paradigm Capital Inc. and Cormark...
2025-04-16 8:41 AM EDT
Sitka Gold Announces $10 Million Bought Deal Financing
Vancouver, British Columbia--(Newsfile Corp. - April 1, 2025) - Sitka Gold Corp. (TSXV: SIG) ("Sitka" or the "Company") is pleased to announce it has entered into an agreement pursuant to which Beacon Securities Limited ("Beacon"), as lead underwriter, on behalf of a syndicate of underwriters (together with Beacon, the "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...
2025-04-01 8:32 PM EDT
Sitka Intersects Multiple Occurrences of Visible Gold in the First Diamond Drill Hole of 2025 at Its RC Gold Project, Yukon
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2025) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or th
2025-03-18 4:00 AM EDT
Sitka Gold Appoints Gilles Dessureau as Vice President of Exploration and Strengthens Its Technical Advisory Team
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") 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,...
2025-02-27 9:00 AM EST
Sitka Begins 30,000 Metre Diamond Drilling Program at Its Flagship RC Gold Project, Yukon
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") is pleased to announce that it has commenced its 2025 diamond drilling program at its road accessible, 100% owned RC Gold Project ("RC Gold" or the "Project
2025-02-20 9:27 AM EST
Sitka Prepares for Winter Diamond Drilling Program at Its RC Gold Project, Yukon
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2025) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") is pleased to announce that preparations are currently underway for a winter diamond drilling program scheduled to begin this month at its flagship RC Gold Project ("RC Gold" or the "Project"), located in the prolific Tombstone Gold Belt in Yukon. The winter drilling campaign will mark the start of a fully funded 30,000 metre diamond drilling...
2025-02-04 8:30 AM EST
Sitka Increases Gold Mineral Resource Estimate to 1.3 Million Ounces Indicated and 1.5 Million Ounces Inferred at Its RC Gold Project in Yukon
Updated Mineral Resource Estimate ("MRE") at the Company's 100% owned Blackjack gold deposit located at the RC Gold Project, Yukon using a 0.3 g/t gold cut-off grade: ○ Indicated Mineral Resource: 1,291,000 ounces of gold at a grade of 1.01 g/t ○ Inferred Mineral Resource: 1,044,000 ounces of gold at a grade of 0.94 g/t The updated MRE represents a significant increase in both average grade and contained ounces at the Blackjack deposit where an initial inferred MRE of 900,000 ounces of gold...
2025-01-21 9:25 AM EST
Sitka Drills 85.0 Metres of 1.12 Grams per Tonne Gold and Reviews 2024 Highlights at the RC Gold Project in Yukon
Vancouver, British Columbia--(Newsfile Corp. - January 7, 2025) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") is pleased to summarize the highly successful 2024 exploration season and announce final results from the 2024 diamond drilling program conducted at its road accessible, 431 square kilometre RC Gold Project ("RC Gold" or the "Project") located approximately 100 kilometres east of Dawson City in Yukon's prolific Tombstone Gold Belt. The mineralized...
2025-01-07 8:30 AM EST
Sitka Confirms and Extends Another Reduced Intrusion-Related Gold System with Rock Samples Returning up to 31.7 g/t Gold at Its Flagship RC Gold Project in Yukon
A large Reduced Intrusion-Related Gold System (RIRGS) has been confirmed and extended at the May-Qu target within the Mid-Cretaceous, Tombstone suite, Bos Stock. This RIRGS system is 22 km from the Blackjack deposit area within the contiguous 431 square kilometre, road accessible RC Gold property. Surface sampling of sheeted quartz veins within the intrusion returned values up to 31.7 g/t Au, and extends the zone of sheeted quartz veins to over 400 m wide. Gold mineralization was also...
2024-12-02 8:30 AM EST
Sitka Gold Signs 30,000 Metre Diamond Drilling Contract for 2025 at Its RC Gold Project, Yukon
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2024) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") is pleased to announce that it has signed an agreement with Kluane Drilling Corp. to complete up to 30,000 metres of diamond drilling in 2025 at its road accessible RC Gold Project ("RC Gold" or the "Project") located in the prolific Tombstone Gold Belt in the Yukon. This will be the largest drilling campaign ever conducted at RC Gold and is...
2024-11-27 9:41 AM EST
Sitka Drills 119.0 Metres of 1.05 g/t Gold, Including 37.9 Metres of 2.05 g/t Gold and 11.5 Metres of 4.32 g/t Gold in Initial Diamond Drilling at the Rhosgobel Intrusion at Its Flagship RC Gold Project in Yukon
DDRCRG-24-001 returned 164.8 metres of 0.82 g/t gold starting 9 metres from surface, including 119.0 metres of 1.05 g/t gold, 37.9 metres of 2.05 g/t gold and 11.5 metres of 4.32 g/t gold in the first ever diamond drill hole at Rhosgobel. Drilling confirms strong gold mineralization from surface to a depth of at least 300 metres. Gold mineralization discovered at Rhosgobel is hosted in feldspar megacrystic quartz monzonite similar to that seen at the Blackjack gold deposit located 5 km along...
2024-11-25 8:30 AM EST
Sitka Samples up to 67.9 g/t Gold from Surface Rock Samples and Drills Visible Gold at Its Recently Acquired Pukelman Intrusive Target at the RC Gold Project, Yukon
Soil sampling, geological mapping and prospecting, along with initial diamond drilling of 843.7 m in 2 holes completed in Sitka's first phase of exploration at the newly acquired Pukelman intrusive target. Visible gold and abundant sheeted quartz veining were observed in initial drill holes completed at the Pukelman intrusion with assays pending. East-Southeast trending zone of sheeted quartz veining and brecciation with visible gold identified at the Contact zone, located immediately south...
2024-10-31 8:30 AM EDT