Sitka Gold - Visual Gold Hits, 30,000m Drill Program Underway in Yukon
Sitka Gold’s (TSX.V:SIG - OTCQB:SITKF - FRE:1RF) aggressive 30,000m drill campaign is in full swing at the RC Gold Project, with visual gold already intersected in every hole so far this season.
In this company update I caught up with Mike Burke, Director and VP of Corporate Development at Sitka Gold, to discuss recent news from the ongoing exploration program.
We discuss:
- Three rigs are turning (with a fourth on-site), targeting expansion at the Blackjack, Eiger, and Saddle Zone deposits
- Early drill holes are reporting visible gold, supporting confidence in deeper and lateral mineralization potential
- 2025 campaign is fully funded with $25 million in the treasury
- Blackjack already hosts over 2.3Moz gold (Indicated + Inferred) - this year’s drilling aims to expand the resource further and explore nearby anomalies
- The Saddle Zone, sitting between Blackjack and Eiger, is now being prioritized for the first time since 2021, based on strong gold-in-soil anomalies
- Additional targets at Rhosgobel, and Pukelman areas will be tested later in the season
Mike also shares thoughts on the market’s positive reaction to exploration news and when investors can expect initial assay results.
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.
