Sitka Gold Updates Progress at the Adobe Gold Property
Sitka Gold Corp.
1500 - 409 Granville Street
Vancouver, BC, V6C 1T2
NEWS RELEASE
CSE: SIG
February 28th, 2018
NR 18-03
www.sitkagoldcorp.com
Sitka Gold Updates Progress at the Adobe Gold Property
Vancouver, Canada – February 28th, 2018: Sitka Gold Corp. (CSE: SIG) (the “Company” or
“Sitka”) is pleased to announce that the Company has posted a reclamation bond with the
Bureau of Land Management (BLM) as part of the requirement for its approved drilling permit at
the Adobe Gold Property (“Adobe Gold” or the “Property”) in Nevada. The bond amount is for
$19,042 USD and is refundable once drilling has been completed and the necessary
reclamation is done and approved. In addition, the Company is arranging for the mobilization of
a geophysical survey crew to the Property in March in order to further refine the existing drill
targets.
“We are pleased to be moving forward with our objective to drill our Carlin-Style gold targets at
Adobe Gold in the coming weeks. Prior to drilling, the Company is planning to conduct an
Induced Polarization (IP) geophysical survey to refine the existing drill target locations. The
resistivitiy component of the IP 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,
enabling better accuracy and orientation of the proposed drill holes. The IP survey is scheduled
for completion in the next few weeks and the Company intends to begin drilling shortly after
that”, comments Cor Coe, Director and CEO of Sitka.
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
Corwin Coe
CEO & Director
The technical content of this news release has been reviewed and approved by Donald Penner,
P.Geo, Director and President for the Company, and qualified person as defined by National
Instrument 43-101. 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.
Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or
accuracy of this release.