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
Visible gold intersected in all target areas drilled including the first 3 holes drilled this year at the Rhosgobel targetDDRCCC-25-077 intersects 211.2 m of 1.13 g/t gold including 73.2 m of 2.05 g/t goldOver 10,000 metres in 23 holes of planned 30,000 m drill program completed to dateSitka collars 100th drill hole on the RC Gold Project since initial drilling began in 2020Four drill rigs currently turning at the Blackjack, Saddle, Eiger and Rhosgobel zonesVancouver, British Columbia--(Newsfile Corp. - June...
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
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 depositFourth 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 fallFirst ever visible gold observed in drill core from the Saddle zone where drilling is currently testing a possible linkage between the Blackjack and Eiger...
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 2020Additional 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...
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 goldHole 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...
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 goldHole 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...
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 Securities Inc. (collectively, the "Underwriters"), consisting of 14,705,882 common shares that will...
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 the Income Tax Act (Canada)...
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
DDRCCC-25-075 ("Hole 75") was drilled to a length of 715.97 metres to test depth continuity of Blackjack gold mineralization and encountered over 130 instances of visible goldHole 75 confirms strong gold mineralization extends approximately 70 metres northeast from Hole 68Hole 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 RC Gold DDRCCC-25-076, currently in progress, is designed to test gold mineralization...
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, B.Sc., MBA,...
2025-02-27 9:00 AM EST
Sitka Begins 30,000 Metre Diamond Drilling Program at Its Flagship RC Gold Project, 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 deposit15,000 metres allocated to follow up drilling at the Rhosgobel and Pukelman discoveries and to test additional drill ready targets within the Clear Creek Intrusive ComplexVancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or...
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 program planned for RC...
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...
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 system at the Blackjack deposit...
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 confirmed at the Mahtin RIRGS...
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...
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...
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 of the Pukelman intrusion, with surface rock samples returning up...
2024-10-31 8:30 AM EDT
Sitka Drills 678.1 metres of 1.04 g/t Gold from Surface, Including 93.0 metres of 2.57 g/t Gold and 5.5 metres of 17.59 g/t Gold at Its RC Gold Project, Yukon
DDRCCC-24-068 ("Hole 68") returned 678.1 metres of 1.04 g/t gold from surface, including 409.5 metres of 1.36 g/t gold, 93.0 metres of 2.57 g/t gold and 5.5 metres of 17.59 g/t gold; significantly expands Blackjack gold mineralization approximately 200 metres below previous drilling with grades increasing with depth.DDRCCC-24-067 ("Hole 67") returned 99.2 metres of 1.01 g/t gold including 2.5 metres of 18.39 g/t gold, confirming the southern extension of mineralization intersected in Holes 58 and 62 both laterally and at...
2024-10-21 9:12 AM EDT
Sitka Gold Encounters Multiple Observations of Visible Gold in First Two Diamond Drill Holes Ever Completed at the Rhosgobel Intrusion at Its Flagship RC Gold Project in Yukon
Multiple instances of visible gold observed in drill core from first diamond drill holes ever completed at the Rhosgobel reduced intrusion-related gold deposit target located 5 km south of the Blackjack gold deposit.Gold mineralization appears to extend at least 250 metres below the extent of historical drilling.Large zones of reduced intrusion-related sheeted veins and breccias intersected below historical drilling.11 instances of visible gold observed in hole DDRCRG-24-002.Vancouver, British Columbia--(Newsfile Corp. - October 9, 2024) - Sitka Gold Corp. (TSXV: SIG) (FSE:...
2024-10-09 8:30 AM EDT
Sitka Intercepts Multiple Occurrences of Visible Gold from Surface to 680 Metres in Deepest Hole Ever Drilled at RC Gold in Yukon
DDRCCC-24-068 (Hole 68) was drilled to 708.7 metres to test the depth continuity of Blackjack Zone mineralization and encountered over 40 instances of visible gold from surface to 680 metres with mineralization remaining open to depth. Hole 68 is approximately 200 metres deeper than any previous drill holes, adding substantial gold mineralization beyond previous drilling limits.Multiple occurrences of visible gold within sheeted quartz veins observed in other recently completed drill holes.Diamond drilling is currently ongoing at RC Gold.Vancouver, British Columbia--(Newsfile...
2024-09-11 7:00 AM EDT