Gold assay highlights from this new release include:
- 201.0 m of 1.26 g/t Au from surface in DDRCCC-22-040, including
- 82.0 m of 2.04 g/t Au from surface including;
- 19.5 m of 4.87 g/t Au from surface including;
- 2.0 m of 31.20 g/t Au from 16.0 m
- 10.0 m of 0.60 g/t Au from 357.0 m in DDRCCC-22-039 and
- 12.0 m of 0.52 g/t Au from 336.0 m and
- 3.0 m of 0.97 g/t Au from 458.0 m
Drilling to date at the
The Company is planning a two part, winter and summer drilling program totaling 10,000 metres of diamond drilling at RC Gold for 2023 focused primarily in the Blackjack, Saddle and
Table 1 - Analytical Results for DDRCCC-22-039 and DDRCCC-22-040
Drillhole ID | Azimuth | Dip | Length | From | To | Interval | Au (g/t) |
DDRCCC-22-040 | 320 | -55 | 209.0 | 8.0 | 209.0 | 201.0 | 1.26 |
including | 8.0 | 90.0 | 82.0 | 2.04 | |||
including | 8.0 | 27.5 | 19.5 | 4.87 | |||
including | 10.0 | 12.0 | 2.0 | 8.69 | |||
including | 16.0 | 18.0 | 2.0 | 31.20 | |||
including | 34.5 | 48.5 | 14.0 | 1.48 | |||
including | 46.8 | 48.5 | 1.7 | 6.48 | |||
including | 56.0 | 63.2 | 7.2 | 3.50 | |||
including | 58 | 59.5 | 1.5 | 10.40 | |||
including | 81.0 | 84.0 | 3.0 | 4.36 | |||
including | 100.0 | 102.0 | 2.0 | 3.00 | |||
DDRCCC-22-039 | 320 | -54 | 480.0 | 336.0 | 348.0 | 12.0 | 0.52 |
and | 357.0 | 367.0 | 10.0 | 0.60 | |||
and | 458.0 | 461.0 | 3.0 | 0.97 | |||
*Intervals are drilled core length, as insufficient drilling has been undertaken |
Table 2 – Blackjack Zone Drill Highlights 2020-2022
BLACKJACK ZONE | ||||||||
Drillhole ID | Azimuth | Dip | Length | From | To | Interval | Au (g/t) | News Date |
DDRCCC-20-02 | 200 | -60 | 296.0 | 9.0 | 296.0 | 287.0 | 0.52 | |
Including | 156.4 | 257.1 | 100.8 | 0.82 | ||||
DDRCCC-21-07 | 208 | -58 | 336.0 | 18.0 | 336.0 | 318.0 | 0.45 | |
including | 262.0 | 294.0 | 32.0 | 1.24 | ||||
DDRCCC-21-021 | 320 | -54 | 480.0 | surface | 220.0 | 220.0 | 1.17 | |
Including | 120.0 | 170.5 | 50.5 | 2.08 | ||||
DDRCCC-22-022 | 320 | -45 | 364.6 | 46.0 | 319.0 | 273.0 | 0.52 | |
Including | 253.0 | 315.0 | 62.0 | 1.21 | ||||
DDRCCC-22-023 | 320 | -61.5 | 285.0 | 4.2 | 210.0 | 205.8 | 1.01 | |
Including | 46.0 | 137.0 | 91.0 | 1.61 | ||||
DDRCCC-22-024 | 277 | -47 | 204.0 | 4.5 | 112.0 | 107.5 | 1.44 | |
Including | 16.0 | 82.0 | 66.0 | 2.11 | ||||
DDRCCC-22-025 | 320 | -46 | 389.2 | 19.0 | 368.0 | 349.0 | 0.71 | |
Including | 25.0 | 246.0 | 221.0 | 1.01 | ||||
DDRCCC-22-026 | 140 | -45 | 374.0 | 152.0 | 194.0 | 42.0 | 0.43 | |
DDRCCC-22-027 | 320 | -55 | 209.0 | 6.0 | 18.0 | 12.0 | 0.83 | |
and | 131.0 | 145.0 | 14.0 | 1.49 | ||||
DDRCCC-22-028 | 320 | -50 | 254.0 | 6.0 | 28.0 | 22.0 | 0.69 | |
and | 185.6 | 198.0 | 12.4 | 0.76 | ||||
DDRCCC-22-029 | 320 | -50 | 308.0 | 27.0 | 143.0 | 116.0 | 0.65 | |
Including | 124.0 | 143.0 | 19.0 | 1.22 | ||||
DDRCCC-22-030 | 320 | -50 | 398.0 | 1.4 | 148.0 | 146.6 | 0.90 | |
Including | 2.8 | 36.6 | 33.8 | 1.42 | ||||
DDRCCC-22-031 | 320 | -50 | 359.0 | 147.0 | 216.0 | 69.0 | 0.51 | |
Including | 147.0 | 157.0 | 10.0 | 1.18 | ||||
DDRCCC-22-032 | 320 | -54 | 386.0 | 255.0 | 265.0 | 10.0 | 0.42 | |
and | 352.0 | 362.4 | 10.4 | 10.4 | 0.47 | |||
DDRCCC-22-033 | 320 | -50 | 344.0 | 104.6 | 114.7 | 10.1 | 1.56 | |
and | 292.0 | 311.0 | 19.0 | 1.03 | ||||
DDRCCC-22-035 | 320 | -50 | 244.0 | 156.0 | 164.4 | 8.4 | 0.95 | |
DDRCCC-22-036 | 34.9 | 167.0 | 132.1 | 0.51 | ||||
DDRCCC-22-037 | 125 | -50 | 305.0 | 186.0 | 223.5 | 37.5 | 0.68 | |
DDRCCC-22-038 | 315 | -50 | 545.0 | 73.0 | 474.5 | 401.5 | 0.63 | |
Including | 176.0 | 356.0 | 180.0 | 1.04 | ||||
DDRCCC-22-039 | 320 | -54 | 480.0 | 336.0 | 348.0 | 12.0 | 0.52 | This release |
and | 357.0 | 367.0 | 10.0 | 0.60 | ||||
DDRCCC-22-040 | 320 | -55 | 209.0 | 8.0 | 209.0 | 201.0 | 1.26 | This release |
including | 8.0 | 90.0 | 82.0 | 2.04 |
*Intervals are drilled core length, as insufficient drilling has been completed at this time to determine |
Drillhole DDRCCC-22-039 collared into metasedimentary country rock to the northeast of the main Saddle intrusive host rock at the Blackjack zone at an azimuth of 320 degrees. The hole intersected a thick sequence of metasediments interspersed with intrusive dikes and sills to a depth of 279 metres before crossing into the main Saddle intrusive. Sporadic gold mineralization associated with sheeted-style quartz veining was encountered throughout the hole to a depth of 480 metres with the best zones developed within the intrusive host rocks.
Drillhole DDRCCC-22-040 was drilled on section between holes DDRCCC-22-036 to the northwest and DDRCCC-21-021 to the southeast at an azimuth of 320 degrees. The hole collared and remained in the main multiphase-intrusive host rock at the Blackjack zone for its entire length to a depth of 209 metres. The hole encountered significant sheeted-style quartz veining associated with gold mineralization. Higher grade zones were observed occurring in or adjacent to structural zones defined by late and post mineral intrusive phases, and areas with abundant metasedimentary rock inclusions.
2022 drilling was designed to further expand the
Table 3 – 2022 Drill Hole Location, Azimuth and Dip
Drillhole ID | Total | UTM Z8 | UTM Z8 | Elevation | Azimuth (O) | Dip (O) |
DDRCCC-22-022 | 364.6 | 396871 | 7085308 | 1490 | 320 | -45 |
DDRCCC-22-023 | 285 | 396815 | 7085385 | 1530 | 320 | -61.5 |
DDRCCC-22-024 | 204 | 396815 | 7085385 | 1530 | 277 | -47 |
DDRCCC-22-025 | 389.2 | 396901 | 7085365 | 1525 | 320 | -46 |
DDRCCC-22-026 | 374 | 396877 | 7085305 | 1495 | 140 | -45 |
DDRCCC-22-027 | 209 | 396594 | 7085472 | 1605 | 320 | -55 |
DDRCCC-22-028 | 254 | 396668 | 7085405 | 1552 | 320 | -50 |
DDRCCC-22-029 | 308 | 396951 | 7085357 | 1544 | 320 | -50 |
DDRCCC-22-030 | 398 | 396822 | 7085505 | 1624 | 320 | -50 |
DDRCCC-22-031 | 359 | 396998 | 7085304 | 1548 | 320 | -50 |
DDRCCC-22-032 | 386 | 397046 | 7085397 | 1591 | 320 | -54 |
DDRCCC-22-033 | 344 | 396763 | 7085316 | 1485 | 320 | -50 |
DDRCCC-22-034 | 174.15 | 396972 | 7085662 | 1727 | 322 | -55 |
DDRCCC-22-035 | 244 | 397101 | 7085740 | 1768 | 180 | -50 |
DDRCCC-22-036 | 410 | 396728 | 7085517 | 1618 | 320 | -65 |
DDRCCC-22-037 | 305 | 396597 | 7085533 | 1645 | 125 | -50 |
DDRCCC-22-038 | 545 | 396965 | 7085290 | 1530 | 315 | -50 |
DDRCCC-22-039 | 480 | 396888 | 7085453 | 1583 | 320 | -54 |
DDRCCC-22-040 | 209 | 396763 | 7085446 | 1568 | 320 | -55 |
MQ-22-001 | 251 | 415518 | 7073417 | 1473 | 180 | -45 |
The May-Qu target located approximately 22 km southeast of the Blackjack zone was tested with a single helicopter supported drill hole. The May-Qu target is a gold-in-soil geochemical anomaly within and adjacent to a Tombstone Suite intrusion. Drillhole MQ-22-001, drilled at an azimuth of 180 degrees with a -45 degree dip, was collared and remained in granite of the Bos Stock for the entire length of the hole to 251 metres depth. Narrow, sheeted-style quartz veining with accessory arsenopyrite, pyrrhotite, chalcopyrite, molybdenite and scheelite were observed throughout the hole supporting the intrusion-related gold system model Sitka employed during exploration of the target. Several anomalous intersections of gold were encountered with the best result being a two metre interval of 0.74 g/t gold.
Quality Assurance/Quality Control
On receipt from the drill site, the HQ-sized drill core was systematically logged for geological attributes, photographed and sampled at Sitka's 2022 field camp. Sample lengths as small as 0.3 m were used to isolate features of interest, otherwise a default 2 m downhole sample length was used. Core was cut in half lengthwise along a predetermined line, with one-half (same half, consistently) collected for analysis and one-half stored as a record. Standard reference materials, blanks and duplicate samples were inserted by Sitka personnel at regular intervals into the sample stream. Bagged samples were placed in secure bins to ensure integrity during transport. They were delivered by Sitka personnel or a contract expeditor to
ALS is accredited to ISO 17025:2005 UKAS ref. 4028 for its laboratory analysis. Samples were crushed by ALS to over 70 per cent passing below two millimetres and split using a riffle splitter. One-thousand-gram splits were pulverized to over 85 per cent passing below 75 microns. Gold determinations are by fire assay with an inductively coupled plasma mass spectroscopy (ICP-MS) finish on 50 g subsamples of the prepared pulp (ALS code: Au-ICP-22). Any sample returning over 10 g/t Au was re-analyzed by fire assay with a gravimetric finish on a 50 g subsample (ALS code: Au-GRA21). In addition, a 51-element analysis was performed on a 0.5 g subsample of the prepared pulps by an aqua regia digestion followed by an inductively coupled plasma mass spectroscopy (ICP-MS) finish (ALS code: ME-MS41).
About the
*For more detailed information on the underlying properties please visit our website at www.sitkagoldcorp.com.
Deposit Model
Exploration on the Property has mainly focused on identifying an intrusion-related gold system ("IRGS"). The property is part of the Tombstone Gold Belt which is the prominent host to IRGS deposits within the
(1) | Sims J. Fort Knox Mine Fairbanks North Star Borough, Alaska, USA National Instrument 43-101 Technical Report. |
(2) | Goodwin R, Gray P, Jutras M, Tang S, Wilbur S. Technical Report for the |
(3) | Hulse D, Emanuel C, Cook C. NI43-101 Technical Report on Mineral Resources. |
(4) | Simpson R. |
(5) | Banyan Gold News Release Dated |
Upcoming Events
- Roundup,
Vancouver, BC :January 23 - 26, 2023 (Coreshack Booth #925,January 23rd and 24th) Vancouver Resource Investment Conference :January 29 - 30, 2023 (Booth #123)- CEM Whistler Capital Event,
Whistler, BC :February 10 - 12, 2023 - PDAC,
Toronto, Ontario :March 5 - 8, 2023 (Booth #2346)
All events are subject to change.
About
Sitka has now received all assay results from its 2022 diamond drill program at its
The scientific and technical content of this news release has been reviewed and approved by
ON BEHALF OF THE BOARD OF DIRECTORS OF
"
President and Director
Cautionary and Forward-Looking Statements
This news release contains forward-looking statements and forward looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. Forward-looking statements and information are often, but not always, identified by the use of words such as "appear", "seek", "anticipate", "plan", "continue", "estimate", "approximate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar expressions.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the expected timing and terms of the private placement, use of proceeds, anticipated work program, required approvals in connection with the work program and the ability to obtain such approvals. Accordingly, readers should not place undue reliance on the forward-looking statements, timelines and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive.
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