Drilling Begins at Sitka’s Alpha Gold Property in Nevada
Sitka Gold Corp.
1500 - 409 Granville Street
Vancouver, BC, V6C 1T2
NEWS RELEASE
February 16, 2021
NR 21-08
www.sitkagoldcorp.com
Drilling Begins at Sitka’s Alpha Gold Property in Nevada
VANCOUVER, CANADA – February 16, 2021: Sitka Gold Corp. (“Sitka” or the “Company”)
(CSE:SIG) (FSE:1RF) (OTCQB: SITKF) is pleased to announce that drilling has commenced at its
Alpha Gold Property located at the southeast end of Nevada’s prolific Cortez Gold Trend (see news
release dated February 12, 2021).
Figure 1 - Drilling Underway at Alpha Gold
“The drill is turning at Alpha Gold,” stated Cor Coe, CEO of Sitka. “To stake this target at the end of
last year and subsequently obtain a drilling permit, procure a drill rig and commence drilling within a
handful of weeks is no small feat and speaks volumes to the talents of Sitka’s technical and
operational teams. This newly identified target at Alpha has the potential to host a Carlin-Type gold
deposit at an attractive depth and we are very much looking forward to the results from this drill
program.”
About Alpha Gold
Sitka Gold has acquired a 100% interest in the Alpha Gold Pro ject, located along the southeast
projection of the prolific Cortez Gold Trend in Eureka County, approximately 135 kilometres southwest
of Elko, Nevada. The Property is comprised of 2 claim blocks totaling 77 lode claims covering an area
of approximately 1540 acres (623 hectares) and is accessible via a dirt road, approximately 2km west
of Nevada State Highway 278.
The Property was initially staked 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. Well exposed ‘lower plate windows’ near Alpha Gold have been extensively
explored for Carlin-type gold deposits with a number of deposits found along the limbs.
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, silver and copper mineral properties of
merit. Sitka currently has an option to acquire a 100% interest in the RC, Barney Ridge, Clear Creek
and OGI properties in Yukon and the Burro Creek Gold property in Arizona. Sitka owns a 100%
interest in its Alpha Gold property in Nevada, it’s Mahtin Gold property in the Yu kon and it’s
Coppermine River project in Nunavut. Directors and Management own approximately 1 5% of the
outstanding shares of Sitka Gold Corp., a solid indication of their alignment with shareholders’
interests.
The scientific and technical content of this news release has been reviewed and approved by Cor
Coe, P.Geo., Director and CEO of the Company, and a Qualified Person (QP) as defined by National
Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS OF
SITKA GOLD CORP.
“Donald Penner”
President and Director
For more information, please contact:
Cor Coe
CEO & Director
Tel: 604-979-0509
www.sitkagoldcorp.com
Cautionary and Forward-Looking Statements
This news release contains forward‐looking statements and forward‐looking information within the
meaning of applicable securities laws. These statements relate to future events or future performance.
All statements other than statements of historical fact may be forward ‐looking statements or
information. Forward‐looking statements and information are often, but not always, identified by the
use of words such as “appear”, “seek”, “anticipate”, “plan”, “continue”, “estimate”, “approximate”,
“expect”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”,
“believe”, “would” and similar expressions.
Forward-looking statements and information are provided for the purpose of pr oviding information
about the current expectations and plans of management of the Company relating to the future.
Readers are cautioned that reliance on such statements and information may not be appropriate for
other purposes, such as making investment de cisions. Since forward‐looking statements and
information address future events and conditions, by their very nature they involve inherent risks and
uncertainties. Actual results could differ materially from those currently anticipated due to a number of
factors and risks. These include, but are not limited to, the expected timing and terms of the private
placement, use of proceeds, anticipated work program, required approvals in connection with the
work program and the ability to obtain such approvals. Accordingly, readers should not place undue
reliance on the forward‐looking statements, timelines and information contained in this news release.
Readers are cautioned that the foregoing list of factors is not exhaustive.
The forward‐looking statements and information contained in this news release are made as of the
date of this news release and no undertaking is given to update publicly or revise any forward‐looking
statements or information, whether as a result of new information, future events or otherwise, unless
so required by applicable securities laws or the CSE. The forward-looking statements or information
contained in this news release are expressly qualified by this cautionary statement.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the
CSE) accepts responsibility for the adequacy or accuracy of this release. No stock exchange,
securities commission or other regulatory authority has approved or disapproved the information
contained herein.