Sitka more than doubles gold count at RC property in Yukon

Date:

The new resource was calculated from results of drilling in 2023-2024 in addition to the 7,074 metres (21 holes) completed to arrive at the initial estimate.

“With just 11,725 metres of additional diamond drilling since the initial mineral resource estimate was published in 2023, we have substantially increased the number of ounces contained at the Blackjack gold deposit by over 2.5 times while also increasing the overall grade,” commented Sitka Gold’s CEO Cor Coe.

“This updated resource estimation reflects the quality of this discovery, highlighted by the robust, non-refractory gold mineralization that has a significant core of higher-grade material of 1 g/t or greater that begins at surface and extends to a currently defined depth of 660 metres,” he added.

RC property

The Blackjack deposit is part of Sitka’s flagship RC property that covers 431 sq. km of land within Yukon’s Tombstone gold belt….

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...