Mike Burke, Director and VP of Corporate Development, returns to provide an exploration update from the ongoing 30,000-meter drill program at the RC Gold Project in the Yukon’s Tombstone Gold Belt.
Key Theme: Sitka hits 211m of 1.13 g/t Au, including 73m of 2.04 g/t Au, at the Blackjack Deposit – the first hole of its summer drill program.
Discussion Highlights:
- Summer Drill Results Begin: Hole 77 delivers strong results from the Blackjack Zone, validating expansion potential with broad and higher-grade intercepts.
- 3-Zone Strategy: Sitka is advancing drilling across Blackjack, Saddle, and Eiger zones – 15,000m allocated – plus targeting Rhosgobel with 10,000m.
- Deep Expansion Potential: Winter Hole 76 extended deeper into mineralization; Sitka is building out an underground model to complement near-surface ounces.
- Early Assay Progress: Over 10,000m drilled across 23 holes – completed ahead of schedule and under budget. Company has the flexibility and cash to expand beyond 30,000m.
- Rhosgobel Discovery: First three holes in this year’s program show visible gold, following last year’s 119m of 1.05 g/t Au in first-ever diamond drilling at this target.
- Lab Turnaround & Yukon Activity: Assay delays are building as multiple companies ramp up big programs, but Sitka uses visible gold to guide ongoing drilling.
If you have any follow up questions for Mike please email me at Fleck@kereport.com.
Click here visit the Sitka Gold website to learn more about the Company.