Sitka Gold - Deepest, Highest-Grade Hit to Date at RC Gold Project
Mike Burke, Director and VP of Corporate Development at Sitka Gold (TSX.V:SIG - OTCQB:SITKF - FRE:1RF), joins me to unpack the April 22nd news release reporting drill results from Hole 75 at the RC Gold Project in Yukon. This hole marks the deepest and highest-grade gold intercept to date, with highlights including:
- 108.9m of 3.27 g/t gold, including 45.0m of 4.52 g/t gold at depth
- A broader interval of 352.8m grading 1.55 g/t gold, all within the Blackjack deposit
- Early evidence for a potential underground mining scenario below the current pit-constrained resource
Mike explains how this hole steps out from a previously high-grade interval (Hole 68), what the figures show in cross-section and plan view, and why deeper mineralization could transform both the scope and economics of this project.
We also discuss:
- The 30,000-meter fully funded drill program and upcoming assays from Hole 76
- Expansion plans for other targets across the property, including Eiger, Saddle, and Rhosgobel
- The strategy with over $25 million in the treasury
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.
