In this company update, I reconnect with Mike Burke, Director & VP of Corporate Development at Sitka Gold (TSX.V:SIG – OTCQB:SITKF – FRE:1RF), to discuss the latest drill results from the RC Gold Project in the Tombstone Gold Belt, Yukon.
On July 17th, Sitka reported new results from the Saddle Zone, an area within the conceptual pit boundary of the Blackjack deposit. These intersections are demonstrating near-surface, multi-gram gold mineralization roughly 300 meters east of the current resource outline – effectively converting previously classified waste into potentially economic material.
Key discussion points:
- Saddle Zone Expansion: Intersections grading ~2 g/t gold, double the Blackjack resource average, with implications for future economics.
- Eiger Step-Outs: New drilling on the western margin intersecting broad widths of Iger-style mineralization, linking deposits.
- Resource Growth Potential: Blackjack & Eiger already host 2.8M ounces (Inferred and Indicated) combined; ongoing drilling continues to grow these cornerstone deposits.
- Steady News Flow: Over half of the 30,000m drill program completed with results expected through year-end and into early 2026.
- Shareholder Interest: Insights from recent Yukon site tours, showcasing the proximity of multiple targets and the project’s scale.
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.