Sitka Gold Corp. is pleased to provide an update on its recently initiated drill program at the Company's Alpha Gold Project , located at the southeast end of the Cortez Trend approximately 40 kilometres southeast of the Barrick/Newmont Cortez gold mine complex in Nevada. AG22-09 and 10 have both now defined a new zone of strong alteration in a North to NNW structure. Both holes hit strong silicification in Horse Canyon [...]
Sitka Gold Corp. is pleased to announce that, further to the Company's news releases date June 30, 2020 and July 6, 2020, the Company issued an aggregate of 100,000 common shares in the capital of the Company at a deemed value of $0.16 per Share on each of July 7, 2020, and June 11, 2021, to Bernie Kreft pursuant to the Barney Ridge gold property option agreement and the Clear Creek Gold property option agreement . An [...]
Sitka Gold Corp. is pleased to announce that it has added a third diamond drill rig to augment its ongoing diamond drill program at its road accessible, district-scale RC Gold Project located within the Yukon's prolific Tombstone Gold Belt. The Company's primary focus is step out drilling at its newly discovered Blackjack zone where diamond drill hole DDRCCC-21-021 returned 220.1 metres of 1.17 g/t gold and four step out [...]
Sitka Gold Corp. is pleased to announce that the next phase of drilling recently began on June 17th at the Company's Alpha Gold Project, located at the southeast end of the Cortez Trend approximately 40 km southeast of the Barrick/Newmont Cortez gold mine complex. O'Keefe Drilling, an experienced and highly regarded drill contractor that is familiar with the Project, has been secured to conduct the drilling. The Company [...]
Sitka Gold Corp. is pleased to announce assay results from diamond drill hole DDRCCC-22-025, the fourth drill hole completed during the Company's 2022 winter exploration program at its road accessible, district-scale RC Gold Project located within the Yukon's prolific Tombstone Gold Belt. Four diamond drill holes were completed during the 2022 winter drilling program for a total of 1,242.8 metres. Drilling has now resumed [...]
Sitka Gold Corp. is pleased to announce that it has recommenced the previously announced 10,000 metre diamond drilling program at its RC Gold Project located in the prolific Tombstone Gold Belt in the Yukon. Sitka successfully completed four drill holes for a total of 1242.8 m during the winter portion of the Project. "Sitka is excited to resume drilling on the most recent discovery of potentially economic [...]
Sitka Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for total gross proceeds of approximately $4,686,560 through the issuance of 20,489,177 flow-through units at a price of $0.17 per FT Unit and 8,595,716 non-flow-through units at a price of $0.14 per NFT Unit. Each NFT Unit is comprised of one common share in the capital of the Company and one-half of one [...]
Sitka Gold Corp. is pleased to announce it is increasing it's previously announced private placement from up to $3.0 million to up to $4.25 million with a lead order of $2 million from funds managed by Sprott Asset Management LP. The financing will consist of a combination of flow-through units priced at $0.17 with a half warrant priced at $0.23 and non flow-through units priced at $0.14 with a half warrant priced at [...]
Sitka Gold Corp. is pleased to announce a private placement for up to $3.0M with a lead order of $2 million from funds managed by Sprott Asset Management LP. The financing will consist of a combination of flow-through units priced at $0.17 with a half warrant priced at $0.23 and non flow-through units priced at $0.14 with a half warrant priced at $0.23. Each full warrant will entitle the holder to purchase an additional [...]
Sitka Gold Corp. is pleased to announce assay results from diamond drill hole DDRCCC-22-024 , the third drill hole completed during the Company's 2022 winter exploration program at its road accessible, district-scale RC Gold Project located within the Yukon's prolific Tombstone Gold Belt . Four diamond drill holes were completed during the 2022 winter drilling program for a total of 1,242.8 metres. Drilling is expected to [...]
Sitka Gold Corp. is pleased to announce assay results from diamond drill hole DDRCCC-22-023 , the second drill hole completed during the Company's 2022 winter exploration program at its road accessible, district scale RC Gold Project located within the Yukon's prolific Tombstone Gold Belt . Four diamond drill holes were completed during the 2022 winter drilling program for a total of 1,242.8 metres. Drilling is expected [...]
Sitka Gold is pleased to announce assay results from diamond drill hole DDRCCC-22-022, the first drill hole completed during the Company's 2022 winter exploration program at its road accessible, district scale RC Gold Project located within the Yukon's prolific Tombstone Gold Belt. Four diamond drill holes were completed during the 2022 winter program for a total of 1,242.8 metres. Approximately 9,000 metres are planned [...]