Episode Details
Back to EpisodesSitka Gold - 1st Drill Hole Of The Season Yields 94.0 m of 1.79 g/t Au including 19.3 m of 5.04 g/t Au, RC Gold Project
Description
In this Company Update, I chat with Mike Burke, Director and Vice President of Corporate Development at Sitka Gold (TSX.V: SIG | OTCQB: SITKF | FSE: 1RF), to unpack the first drill result of the year from the massive 60,000-meter program at the RC Gold Project. Mike breaks down the significance of hole 121, the deepest hole ever drilled on the project, which returned high-grade mineralization at depth.
Key Discussion Points:- Deep Drilling: An introduction to hole 121, the deepest hole ever completed on the project, and a look at the high-grade intercepts returned from the assay lab.
- Geological Implications: Why the company initiated this year's program at the Blackjack deposit and how the mineralization extends far below the currently defined open-pit boundaries.
- Underground Mining Horizons: A look into the future economic trade-offs, target cut-off grades, and the structural data needed to support a future underground resource estimate.
- Drill Program Scaling: An update on the progression of the 60,000-meter program, current drill counts across the Rhosgobel and Blackjack zones, and expectations for upcoming assay flow.
If you have any follow up questions for the team at Sitka Gold please email me at Fleck@kereport.com.
Click here visit the Sitka Gold website to learn more about the Company - https://sitkagoldcorp.com/
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