The mining claims were staked to cover a newly identified Carlin-type gold deposit target northwest of the existing Alpha Gold claims located along the projection of the Cortez Gold Trend in
Sitka is now permitted for up to 16 drill hole sites at its Alpha Gold Property. The Company is currently in discussions with a drill contractor regarding drill rig availability and intends to commence drilling as soon as a drill rig has been secured. The Company plans to initially drill the newly identified Carlin-type gold deposit target on the recently staked mining claims and will determine subsequent drill activity based on the drill results obtained as well as results from ongoing field work on site. The Company recently completed and has submitted silt sediment and rock samples taken on the newly acquired claim block to the lab for analysis on a rush basis, and will utilize these results in refining the drill hole collar location.
'We are pleased to have received permits to drill our newly identified second Carlin-type gold deposit target at our Alpha Gold property, located in
About Alpha Gold
The Property was initially staked after the location was recognized as the intersection of the regional-scale
About
Contact:
Tel: 778-212-1950
Email: dpenner@sitkagoldcorp.com
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.
The forward looking statements and information contained in this news release are made as of the date of this news release and no undertaking is given to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the CSE. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
(C) 2021 Electronic News Publishing, source