Drill Permit Received for Alpha Gold
Sitka Gold Corp.
1500 - 409 Granville Street
Vancouver, BC, V6C 1T2
NEWS RELEASE
CSE: SIG
May 8th, 2018
NR 18-09
www.sitkagoldcorp.com
Drill Permit Received for Alpha Gold
VANCOUVER, CANADA – May 8th, 2018: Sitka Gold Corp. (CSE: SIG) (the “Company” or
“Sitka”) is pleased to announce that it has received approval from the Bureau of Land
Management (“BLM) to drill its Alpha Gold Property (“Alpha Gold” or the “Property”) in Nevada.
Additional information on the Company’s Alpha Gold Property is available on the Company’s
website or by viewing its news release dated February 13th, 2018.
About Alpha Gold
The Property is comprised of a claim block of 50 lode claims covering an area of
approximately 1000 acres (405 ha). Sitka acquired the Property from Objective Exploration
LLC who staked the Property after the location was recognized as the intersection of the
regional-scale Pine Valley anticline with northeasterly fold trends exposed in the Roberts
Mountains. Of primary importance at the Alpha Gold location is that the rocks have been
down-dropped significantly by late extensional faulting. Prior to extension, and during the
critical 36- 42 Ma Carlin-type mineralization event, the fold crest at Alpha Gold would have
been a regional highpoint among nearby mountain ranges. This is an ideal scenario for
producing and preserving a Carlin-type gold deposit, and is exactly what happened at the
Pipeline (20 Moz), Cortez Hills (15 Moz), and Goldrush (15 Moz) deposits in the Cortez
district.
Current Exploration Activities
Drilling has recently commenced on the Company’s Adobe Gold Property located 40 kilometres
north of Elko, Nevada. The Company is targeting Carlin-type gold mineralization in the Adobe
Range in three separate target areas on the Property. Sitka plans to drill up to 3000 metres in 6
holes with a reverse circulation drill rig.
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.
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
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 ne w information, future events or otherwise, except as
expressly required by applicable law.
Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or
accuracy of this release.