Mineralization including Visible Gold at its RC Gold Project, Yukon
NEWS
RELEASE
July
15,
2024
NR
24-17
www.sitkagoldcorp.com
Sitka
Intercepts
Strong
Mineralization
including
Visible
Gold
at
its
RC
Gold
Project,
Yukon
●
Multiple
occurrences
of
visible
gold
within
sheeted
quartz
veins
observed
in
recently
completed
drill
holes
with
the
most
abundant
visible
gold
seen
in
the
metasedimentary
rocks
in
drilling
to
date
●
Abundant
sheeted
quartz
veining
in
both
intrusive
and
metasedimentary
rocks
intersected
in
all
drill
holes
●
Second
drill
mobilized
to
site
VANCOUVER,
CANADA
–
July
15,
2024:
Sitka
Gold
Corp.
(“Sitka”
or
the
“Company”)
(TSXV:SIG)
(FSE:1RF)
(OTCQB:SITKF)
is
pleased
to
announce
that
visible
gold
has
been
observed
multiple
times
in
recently
completed
diamond
drilling
currently
underway
at
the
southern
extent
of
the
Blackjack
Zone
at
the
Company’s
flagship
RC
Gold
Project
(“RC
Gold”
or
the
“Project”)
in
Yukon,
Canada.
Visible
gold
within
metasediments
intruded
by
multiple
megacrystic
quartz
monzonite
dykes
was
observed
numerous
times
in
DDRCCC-24-061
(Hole
61)
and
in
DDRCCC-24-062
(Hole
62)
which
were
drilled
to
a
depth
of
411.5
metres
and
530.0
metres
respectively.
Drilling
at
DDRCCC-24-063
is
currently
underway
and
is
an
additional
100
m
step
out
south
from
Hole
62
to
test
the
projection
of
higher-grade
gold
mineralization
along
the
newly
identified
Blackjack
Mineralized
Corridor
south
of
the
Blackjack
gold
deposit
(see
Figure
2).
Six
drill
holes
totalling
2,636
metres
have
been
completed
to
date
this
year
and
a
second
drill
rig
has
been
mobilized
to
the
Project
site
in
anticipation
of
drill
testing
additional
high-priority
targets
within
the
recently
consolidated
Clear
Creek
Intrusive
Complex
(Figure
2)
along
with
other
drill
ready
targets
located
across
the
431
square
kilometre,
road
accessible
Project
this
summer.
Figure
1:
Examples
of
visible
gold
observed
in
recently
completed
drilling
at
the
RC
Gold
Project.
Several
occurrences
of
visible
gold
were
observed
in
Hole
62
from
76
m
to
526
m
and
the
most
abundant
visible
gold
seen
in
the
metasedimentary
rocks
in
drilling
to
date
was
observed
in
Hole
61.
“Observations
of
strong
mineralization
including
multiple
occurrences
of
visible
gold
in
the
first
drill
holes
of
the
summer
continue
to
highlight
the
robust
nature
of
this
gold
system
and
the
potential
to
add
significant
tonnage
to
the
growing
Blackjack
gold
deposit”,
said
Cor
Coe,
CEO
and
Director
of
Sitka
Gold
.
“The
current
drilling
has
targeted
shallower
mineralization
updip
from
previous
drill
holes
that
intersected
deeper
higher-grade
mineralization
and
we
are
now
stepping
out
further
south
to
continue
to
track
this
impressive
mineralized
gold
system.
Initial
observations
of
these
drill
holes
indicate
that
robust
gold
mineralization
persists
updip
and
projects
to
surface.
We
are
eagerly
looking
forward
to
these
latest
assay
results
as
we
continue
to
expand
gold
mineralization
at
our
wide
open
Blackjack
deposit
and
explore
other
high-priority
targets
across
the
cluster
of
intrusive
rocks
and
surrounding
metasediments
that
make
up
the
recently
consolidated
Clear
Creek
Intrusive
Complex,
including
drill
targets
on
our
newly
acquired
Clear
Creek
Property.”
Figure
2:
Plan
map
showing
multiple
priority
target
areas
across
the
recently
consolidated
Clear
Creek
Intrusive
Complex.
Drilling
is
currently
underway
to
test
the
projection
of
higher-grade
gold
mineralization
along
the
newly
identified
Blackjack
Mineralized
Corridor
that
follows
the
Blackjack
Fault
and
extends
for
over
10
kilometres
through
the
Saddle,
Pukelman
West
and
Rhosgobel
Intrusive
Stocks.
Additional
drilling
to
test
other
high-priority
targets
across
this
8
km
x
15
km
area
is
also
planned
for
this
summer.
Figure
3:
Plan
map
of
recently
completed
drill
holes
south
of
the
Blackjack
gold
deposit.
Drilling
is
currently
underway
at
Hole
63
which
is
an
additional
100
m
step
out
from
Hole
62
along
the
southern
projection
of
the
Blackjack
Mineralized
Corridor.
Figure
4:
Cross
section
of
DDRCCC-24-062
in
relation
to
previously
completed
drill
holes.
Multiple
occurrences
of
visible
gold
(yellow
stars)
were
observed
in
Hole
62
from
76
m
increasing
in
frequency
at
depth.
Figure
5:
Cross
section
of
DDRCCC-24-061
in
relation
to
previously
completed
drill
holes.
Several
instances
of
visible
gold
(yellow
stars)
were
observed
in
DDRCCC-24-061
with
the
most
abundant
visible
gold
seen
in
the
metasedimentary
rocks
in
drilling
to
date.
DDRCCC-24-062
was
drilled
to
the
northeast
at
an
azimuth
of
225
degrees
and
a
dip
of
–
60
as
a
70
m
step-out
to
the
southeast
of
mineralization
encountered
in
hole
DDRCCC-23-041
(
292
m
of
1.00
g/t
gold,
including
75
m
of
2.05
g/t
gold
).
The
hole
encountered
altered
metasedimentary
rock
until
25
m
and
then
remained
in
dominantly
MCQM
with
local
inliers
of
strongly
altered
and
silicified
metasediments
until
intersecting
a
lamprophyre
dyke
at
526
m.
The
hole
was
terminated
at
530
m.
Quartz
sulphide
veins
with
local
bismuthinite
and
scheelite
occurred
throughout
the
hole,
but
significantly
increased
in
intensity
starting
at
270
m.
Several
instances
of
visible
gold
were
noted
starting
at
76
m,
but
were
most
frequent
in
the
latter
part
of
the
hole.
Figure
6:
Example
of
visible
gold
and
bismuthinite
within
megacrystic
quartz
monzonite
at
492
m
depth
(orange
tape)
in
Hole
62.
DDRCCC-24-061
was
drilled
to
the
northeast
at
an
azimuth
of
035
degrees
and
a
dip
of
–
55
degrees
to
test
the
up
section
extension
of
mineralization
returned
from
hole
DDRCCC-23-41.
The
hole
encountered
strongly
altered
and
silicified
metasedimentary
rock
intruded
by
1
to
10
metre
(MCQM)
dykes
from
the
collar
until
361.0
metres,
where
7
metres
of
lamprophyre
dyke
were
intersected.
The
altered
metasediments
were
cross
cut
by
a
strong
development
of
quartz
veins
that
locally
hosted
arsenopyrite,
scheelite
and
bismuthinite,
with
bismuthinite
generally
increasing
down
hole.
Numerous
instances
of
visible
gold
were
noted
in
the
quartz
veins,
usually
with
bismuthinite,
representing
the
most
abundant
visible
gold
seen
in
the
metasedimentary
rocks
in
drilling
to
date
(see
Figures
1,
7
to
9).
After
the
lamprophyre
dyke,
the
hole
encountered
less
altered
metasediments
with
local
quartz
veins
with
arsenopyrite
to
the
end
of
the
hole
at
411.5
m.
Figure
7:
Visible
gold
within
strongly
altered
and
silicified
metasediments
and
stockwork
veinlets
in
DDRCCC24-061
at
324.6
m
depth.
Figure
8:
Visible
gold
in
close
association
with
bismuthinite
and
its
location
within
strongly
altered
metasedimentary
rock
in
DDRCCC24-061
at
213.5m
depth.