Sitka Gold Corp. Announces Successful Completion of First Drill Hole in 30,000 Metre Drilling Program at RC Gold Project
Vancouver, British Columbia – Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) (“Sitka” or the “Company”) is thrilled to share the latest development from its 100% owned RC Gold Project in Yukon. The Company has successfully completed the first diamond drill hole, DDRCCC-25-075 (“Hole 75”), as part of the winter phase of its 30,000 metre drilling program.
Strong Gold Mineralization Extends Further
Hole 75 was drilled to a total length of 715.97 metres, aimed at testing the depth continuity of Blackjack gold mineralization. The drilling results have been promising, with over 130 instances of visible gold identified. This discovery confirms that the strong gold mineralization extends approximately 70 metres northeast from Hole 68.
First Hole of a Significant Drill Program
Hole 75 marks the commencement of Sitka’s largest drill program ever, with a planned 30,000 metre drilling campaign. This first hole sets the stage for further exploration, with DDRCCC-25-076 currently in progress. This hole is designed to test gold mineralization at deeper depths than any previous drilling at RC Gold.
Impact on Investors
For investors, the successful completion of Hole 75 and the ongoing drilling efforts at RC Gold could mean potential growth for Sitka Gold Corp. As the exploration progresses, positive results could lead to increased interest in the Company and potentially higher stock prices.
Global Implications
On a larger scale, the exploration at RC Gold could contribute to the global gold mining industry. The discovery of significant gold mineralization in Yukon could lead to increased investment in the region and potentially boost the Canadian mining sector. Furthermore, it may encourage further research and development in mining technologies, contributing to a more sustainable and efficient mining industry.
Conclusion
Sitka Gold Corp.’s successful completion of the first diamond drill hole, Hole 75, at its RC Gold Project in Yukon is an exciting development for the Company and the mining industry. With over 130 instances of visible gold identified and ongoing drilling efforts, the potential for growth and further discoveries is promising. As the exploration continues, investors and the global mining industry will closely watch the developments at RC Gold.
- Sitka Gold Corp. has completed the first diamond drill hole, Hole 75, of its 30,000 metre drilling program at RC Gold Project in Yukon.
- The drill hole, aimed at testing depth continuity of Blackjack gold mineralization, encountered over 130 instances of visible gold.
- Hole 75 marks the start of Sitka’s largest drill program ever, with DDRCCC-25-076 currently in progress.
- Positive results from the exploration could lead to increased interest in Sitka Gold Corp. and potentially higher stock prices.
- Significant gold mineralization discoveries in Yukon could boost the Canadian mining sector and encourage further research and development in mining technologies.
