Sitka Gold Corp. Initiates 30,000 Metre Drilling Program at RC Gold Project
Sitka Gold Corp. (SIG), a mineral exploration company with a focus on acquiring, exploring, and developing gold projects in Canada, has announced the commencement of its 2025 diamond drilling program at the RC Gold Project, located in the Tombstone Gold Belt of Yukon. The program, which includes a budget of CAD 30,000 metres, will primarily focus on expanding the Blackjack gold deposit and further testing gold mineralization within the Clear Creek Intrusive Complex (CCIC).
Expanding the Blackjack Gold Deposit
The Blackjack gold deposit, which is open in all directions, will receive approximately 15,000 metres of the drilling program. This deposit, which was discovered in 2023, has already shown significant potential, with drill results indicating an average grade of 1.5 g/t gold over 31.1 metres. The deposit’s expansion is expected to provide valuable insights into its size and potential resources, which could significantly increase Sitka Gold’s overall gold reserves.
Exploring the Clear Creek Intrusive Complex
The remaining 15,000 metres of the drilling program will be allocated to follow-up drilling at various targets within the CCIC, including the Eiger gold deposit. The Eiger gold deposit, which is also open in all directions, was discovered in 2024 and has shown potential for significant gold mineralization. The drilling program will also test additional drill-ready targets, such as Saddle, Rhosgobel, Contact, and Pukelman.
Impact on the Local Community
The RC Gold Project is located in a road-accessible area, making it an attractive proposition for exploration due to its accessibility and potential for economic development. The drilling program is expected to create employment opportunities for local residents, providing a much-needed economic boost to the community. Additionally, any potential discoveries could lead to increased investment in the region, potentially leading to further economic development and job creation.
Impact on the Global Gold Market
The RC Gold Project’s potential for significant gold discoveries could have a positive impact on the global gold market. With gold being a precious metal with a finite supply, any new discoveries could help mitigate the impact of declining gold production from aging mines. Additionally, the potential increase in gold reserves could lead to increased production and supply, potentially stabilizing or even lowering gold prices for consumers.
Conclusion
Sitka Gold Corp.’s 30,000 metre drilling program at the RC Gold Project in Yukon represents an exciting opportunity for the exploration of potential gold deposits in a road-accessible area of the Tombstone Gold Belt. The primary focus of the program will be to expand the Blackjack gold deposit and further test gold mineralization within the Clear Creek Intrusive Complex. The potential for significant discoveries could lead to increased economic opportunities for the local community and potential benefits for the global gold market.
- Sitka Gold Corp. has commenced its 30,000 metre drilling program at the RC Gold Project in Yukon.
- The primary focus of the program is to expand the Blackjack gold deposit and test gold mineralization within the Clear Creek Intrusive Complex.
- The Blackjack gold deposit has already shown significant potential, with an average grade of 1.5 g/t gold over 31.1 metres.
- Additional targets, such as the Eiger gold deposit, Saddle, Rhosgobel, Contact, and Pukelman, will also be tested.
- The program is expected to create employment opportunities for local residents and potentially lead to increased investment in the region.
- Any potential discoveries could help mitigate the impact of declining gold production from aging mines and potentially stabilize or lower gold prices for consumers.
