Sitka confirms persistent mineralisation at RC Gold Project 

Sitka Gold (TSX-V:SIG) confirms persistent gold mineralisation continues 175m below and 45m to the southeast of hole 47 at its RC Gold Project in Yukon’s Tombstone Gold Belt, 100km east of Dawson City.

The first drillhole (57) of the 2024 drill campaign intersected gold results south of the current Blackjack Gold deposit, including 191m grading 1.16g/t gold, including 11m of 5.8g/t within 89m of 2.03g/t gold, confirming persistent gold mineralisation continues below.

Hole 47, which was drilled in 2023, has returned the best drill hole results to date with 219m of 1.34g/t gold, including 124.8m of 2.01g/t and 55m of 3.11g/t gold.

Hole 57 was planned to test the southeastern extension of a quartz monzonite intrusion intersected in hole 47. It is also the first hole to be completed as part of 15,000m of diamond drilling at RC Gold in 2024. 

The key objectives of Sitka’s drilling this year are to further expand and define targets within the Clear Creek Intrusive Complex area, which hosts the Blackjack and Eiger gold deposits, as well as the Saddle Zone. 

The second hole of the program, hole 58, was collared about 70m north of hole 57 and drilled to a length of 535.9m. Assays from are currently pending. 

Sitka CEO Cor Coe says while hole 57, which he notes was a fairly aggressive step out from the discovery at hole 47, has demonstrated the potential of this area to add significant, higher grade tonnage to the company’s growing gold resource.

He says it also highlights the persistent gold mineralisation being exhibited within the metasediments, in addition to the intrusive rocks of this system.

“We believe that this will ultimately contribute to a very large gold endowment within the cluster of intrusive rocks and surrounding metasediments that make up the Clear Creek Intrusive Complex. Our 2024 diamond drilling program at RC Gold is off to a great start and we are eagerly awaiting the pending assay results for hole 58,” Coe adds.

The RC Gold project consists of a contiguous 386km2 land package in the heart of Yukon’s Tombstone Gold Belt. 

According to Sitka, RC Gold is the largest consolidated land package which is strategically positioned mid-way between Victoria Gold’s (TSX:VGCX) Eagle Gold Mine — Yukon’s newest gold mine which reached commercial production in 2020 — and the latter’s former producing Brewery Creek Gold Mine.

Sitka currently has the option to acquire a 100% interest in the RC project, among others. 

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Images: Sitka Gold
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.