Sitka Gold Corp. announced final assay results from 5 diamond drill holes (DDRCCC-21-016 through DDRCCC-21-020) from the Company's 2021 summer exploration program at its RC Gold Project. The Company completed a 15-hole, 5,000 metre diamond drill program on the Saddle-Eiger zone at the RC Gold Project during the 2021 exploration season.

Assay results from all 15 holes (DDRCCC-21-007 through DDRCCC-21-021) have now been received. DDRCCC-21-016 and -017 were drilled at the Eiger zone. Drill holes DDRCCC-21-018 through DDRCCC-21-020 were drilled at the Saddle Ridge zone ­ approximately 750 metres east of the Saddle West zone where DDRCCC-21-021 (Hole 21) intersected 220.1 metres of 1.17 g/t gold from surface, and 1,000 metres west of the Eiger zone.

All results for the 2021 summer drilling program have now been received and released. Mobilization for a 2022 winter diamond drill program at the Project is currently underway with drilling expected to start later this month to follow up on the results from Hole 21. Drill hole DDRCCC-21-016 was drilled at the Eiger zone on section with, and 100 metres above DDRCCC-21-012 which intercepted 419.0 metres of 0.67 g/t gold and 200 metres above DDRCCC-21-013 which intercepted 213.0 metres of 0.45 g/t gold.

The drillhole was collared and remained in the Eiger diorite unit for its entire length. Significant sheeted quartz-vein style mineralization was encountered from the top of the hole at 3.0 metres to 161.0 metres downhole for a 158.0 metre interval grading 0.33 g/t gold after which the density of veining was more sporadic. Drill hole DDRCCC-21-017 was also drilled at the Eiger zone 55 metres northeast of hole DDRCCC-21-016.

This hole encountered numerous post-mineral faults at low angles to the core axis consisting of clay gouge and calcite healed gouge-breccia zones. The hole was terminated before target depth due to the poor ground conditions caused by drilling these faults at a low angle. Mineralization consisted of sections of sheeted quartz veining of varying density with associated sulphide minerals and returned a weighted average gold value of 0.13 g/t gold over the entire 162.5 metre length of the hole.

Drill hole DDRCCC-21-018 is located at the Saddle ridge zone, approximately 1,000 metres west of the Eiger zone, and was an 80 metre step-back from hole DDRCCC-20-001 which returned 84.8 metres of 0.52 g/t gold. This hole was collared in metasedimentary country rock and encountered several intrusive sills and dikes of the Saddle style megacrystic feldspar granite. Gold mineralization is associated with sheeted quartz veining and generally best developed in and adjacent to the intrusive unit.

This hole returned a weighted average interval of 86.9 metres of 0.36 g/t gold from 42.1 metres to 129.0 metres downhole which includes several higher-grade zones. This hole was terminated due to technical failure caused by permafrost before reaching target depth and was subsequently closely twinned by hole DDRCCC-21-019. Drill hole DDRCCC-21-019 was drilled as a twin to DDRCCC-21-018 which had to be terminated prior to target depth due to technical failure with the drilling rig.

The geology encountered in this hole is consistent with the results of hole DDRCCC-21-018 but returned better gold grades with a weighted average interval of 80.0 metres grading 0.59 g/t gold, including an occurrence of visible gold in an interval grading 39.20 g/t gold over 0.3 metres. Drill hole DDRCCC-21-020 was drilled to the north on the same section line as holes DDRCCC-20-001 and DDRCCC-21-018 and -019 and collared just to the south of DDRCCC-21-018 and -019. The hole failed to reach target depth due to poor ground conditions and did not intersect the projection of the main megacrystic feldspar granite sill associated with the stronger gold grades drilled in DDRCCC-20-001 and DDRCCC-21-018 and -019.

No significant zones of mineralization were encountered.