North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Sitka Gold Corp. May 8 announced multiple occurrences of visible gold has been observed in all three holes drilled during the winter phase of 2023 diamond drilling at the company's RC Gold project in Yukon, Canada.

"We are very encouraged by the visual observations of the drill holes completed during the initial phase of 2023 drilling at RC Gold," said Sitka Gold CEO Cor Coe. "An early start to this year's diamond drilling at the company's year-round, road accessible RC Gold project has provided us with a nice jump on the 2023 summer field season with approximately 1,500 metres of our planned 10,000 metre drilling program already completed this year."

The RC Gold project consists of a 376-square-kilometer (145 square miles) contiguous district-scale land package located in the newly road-accessible Clear Creek, Big Creek, and Sprague Creek districts in the heart of Yukon's Tombstone Gold Belt.

One of the largest consolidated land packages in the Yukon, RC Gold is nestled between Victoria Gold's Eagle Gold Mine and Sabre Gold Mine's Brewery Creek gold mine and comprises five underlying properties – the RC, Bee Bop, Mahtin, Clear Creek, and Barney Ridge properties.

The first hole, DDRCCC23-042, was drilled on a northeast azimuth (tilt degree) with a minus 60-degree dip and was intended to further test for an extension of high-grade material at depth below and to the west of 22-025 and 22-038, both drilled in 2022.

The hole was a step-out 81 meters south-southwest from 23-041, which had also encountered significant densities of quartz sulfide veins and visible gold.

The next hole, DDRCCC23-043, was collared at the same location as the famous Hole 21, DDRCCC21-021, and drilled at an azimuth of 005 degrees and a dip of minus 85 degrees. The purpose of this drilling was to fill in the gap of data in the current resource model and to extend the higher-grade mineralization in the current resource to depth. Quartz sulfide veins intersected all units with the highest intensity of veining occurring from 250 meters to the end of the hole at 426.7 meters – visible gold was noted multiple times in quartz/bismuthinite veins.

The first hole drilled in the season was already reported mid-April; you can read the initial impressions at Sitka Gold shows off first 2023 drill hole in the April 14, 2023 edition of North of 60 Mining News.

Much like its April announcement, Sitka is still awaiting assay results from the roughly 1,500 meters of drilling completed during the winter program, but the initial showing of these cores has Sitka Gold excited to continue exploring its highly prospective gold project.

"With visible gold and significant vein densities observed in every drill hole completed so far this year, we are eager to see what the assay results produce as we continue to systematically define this gold rich corridor," said Coe. "This corridor includes the recent discovery of two NI 43-101 compliant gold deposits situated 1.5 kilometres apart and totaling 1.34 million gold ounces, as announced earlier this year."