Sitka Gold: Expanding Resource Portfolio

May 21, 2024

Gold, silver, copper stocks to buy

Sitka Gold Corp (TSX.V: SIG, OTCQB: SITKF, FSE: 1RF) is an exploration company focused on finding and developing gold-rich deposits in North America's renowned gold belts. With a strategic emphasis on the Yukon Territory, Sitka Gold's projects are positioned in geologically favorable regions, offering substantial potential for resource expansion and development.

Sitka Gold Corp has carved a niche in the competitive mining sector through its strategic acquisition and development of high-potential gold projects. The company’s flagship RC Gold Project, located in the prolific Tombstone Gold Belt, spans 386 square kilometers and is already yielding promising results. This region is known for its rich geology, hosting other successful mining operations such as the Kinross Fort Knox and Victoria Gold's Eagle Mine.

Promising Projects and Strategic Location, Sitka is just getting started!

Sitka's road accessible RC Gold Project is a standout within their portfolio. Initial drilling results have revealed an inferred resource of 1.34 million ounces of gold, with significant expansion potential. The project benefits from its proximity to essential infrastructure, including a nearby power line, Dawson City airport and accessible transportation routes, enhancing its development prospects.

The strategic location within the Tombstone Gold Belt provides a robust foundation for exploration. The region's proven productivity, combined with the company's targeted drilling programs, suggests substantial growth opportunities. Sitka Gold's ongoing exploration efforts aim to uncover additional deposits within the RC Gold Project, with nine known gold-bearing intrusions yet to be fully explored. The company's methodical approach to exploration and resource expansion underscores its commitment to building a sustainable and profitable mining operation. As Sitka Gold continues to explore and define its resources, the potential for uncovering higher-grade material remains high. 2024 is a pivotal year for the company with another 15,000 metres of diamond drilling planned for RC Gold in addition to the 8,500 metres drilled in 2023 since announcing the inferred resource estimate of 1.34 million ounces in January 2023.

For more information on Sitka Gold Corp. (TSX.V: SIG, OTCQB: SITKF) please click the request investor info button.

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