2018 Exploration Program Begins at Adobe
Sitka Gold Corp.
1500 - 409 Granville Street
Vancouver, BC, V6C 1T2
NEWS RELEASE
CSE: SIG
April 19th, 2018
NR 18-07
www.sitkagoldcorp.com
2018 Exploration Program Begins at Adobe
VANCOUVER, CANADA – April 19th, 2018: Sitka Gold Corp. (CSE: SIG) (the “Company” or
“Sitka”) is pleased to announce that the 2018 exploration program has started at its Adobe
Gold Property (the “Property” or “Adobe”). Initial exploration will consist of a ground-based
induced polarization (IP) geophysical survey totaling approximately 16 line kilometers. The
resistivity component of the geophysical survey should assist in identifying the stratigraphic
horizon targeted, more specifically the contrast between the Devonian Guilmette Limestone
formation and the overlying shales at the intersection of northwest and northeast fold and thrust
belts. This will enable better accuracy and orientation of the proposed drill holes. Drilling is
anticipated to start shortly after the completion of the geophysical survey. Initial drilling will
consist of approximately 3000 metres of reverse circulation (RC) drilling focused on previously
identified Carlin-type gold mineralization targets. An archaeological study has also been
completed as required for the proposed access roads and drill sites at Adobe. Based on the
results of this study the Company has received approval from the BLM to commence drilling.
Cor Coe, Director and CEO of Sitka, comments: “We are excited to begin our fully funded 2018
exploration program at Adobe Gold. The IP survey currently underway will help to refine our
existing drill targets and we look forward to the highly anticipated drilling of these target areas
shortly after the geophysical survey is completed”.
About Adobe Gold
The Adobe Gold Property, located in northern Nevada, is a newly assembled land package
totaling approximately 1,366 hectares (3,374 acres) in size that hosts a previously unrecognized
Carlin-Type gold play. Geological mapping at Adobe has revealed intersecting folds and good
structural preparation within favourable stratigraphy, key features that are found at most of the
gold mines in the Carlin district. Geochemical surveys have also revealed anomalies of gold,
mercury, arsenic, and thallium, which are common pathfinder elements for Carlin-type gold
mineralization. Compilation and interpretation of the data have identified structurally-controlled
areas where anomalous pathfinder minerals and gold assay results have defined three target
areas to be drill tested. There has been no previous drilling done on the Adobe Gold Property.
The technical content of this news release has been reviewed and approved by Donald Penner,
P.Geo., Director and President for the Company, and a qualified person as defined by National
Instrument 43-101.
About Sitka Gold Corp.
Sitka Gold Corp. is a mineral exploration company headquartered in Canada and managed by a
team of experienced mining industry professionals. The Company is focused on exploring for
economically viable mineral deposits with its primary emphasis on gold and copper mineral
properties of merit. Sitka currently has an option to acquire a 100% interest in the Adobe Gold
Property in Nevada and owns a 100% interest in its Coppermine River Project in Nunavut and
the Alpha Gold Property in Nevada. The Company recently completed an initial public offering
(IPO), raised the maximum $1.2 million allowed under its prospectus and is fully financed to
complete the aforementioned exploration program.
ON BEHALF OF THE BOARD OF DIRECTORS OF
SITKA GOLD CORP.
“Donald Penner”
President and Director
For more information contact:
Donald Penner
President & Director
or
Cor Coe
CEO & Director
Neither the Canadian Securities Exchange nor it Regulation Services Provider (as that term is
defined in the policies of the Canadian Securities Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Cautionary Statements Regarding Forward Looking Information
Certain statements included herein may constitute “forward-looking statements”. All statements
included in this press release that address future events, conditions or results, including in
connection with exploration activity, future acquisitions and any financing, are forward-looking
statements. These forward-looking statements can be identified by the use of words such as
“may”, “must”, “plan”, “believe”, “expect”, “estimate”, “think”, “continue”, “should”, “will”, “could”,
“intend”, “anticipate” or “future” or the negative forms thereof or similar variations. These
forward-looking statements are based on certain assumptions and analyses made by
management in light of their experiences and their perception of historical trends, current
conditions and expected future developments, as well as other factors they believe are
appropriate in the circumstances. These statements are subject to risks, uncertainties and
assumptions, including those mentioned in the Company’s continuous disclosure documents,
which can be found under its profile on SEDAR (www.sedar.com). Many of such risks and
uncertainties are outside the control of the Company and could cause actual results to differ
materially from those expressed or implied by such forward-looking statements. In making such
forward-looking statements, management has relied upon a number of material factors and
assumptions, on the basis of currently available information, for which there is no insurance that
such information will prove accurate. All forward-looking statements are expressly qualified in
their entirety by the cautionary statements set forth above. The Company is under no obligation,
and expressly disclaims any intention or obligation, to update or revise any forward -looking
statements, whether as a result of new information, future events or otherwise, except as
expressly required by applicable law.