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

Sitka Gold Corp. Sept. 11 announced results from the fourth hole completed during the 2023 summer drilling program at the Blackjack deposit on the company's RC Gold project in Yukon's Tombstone Gold Belt.

Just days after the initial results from the first three holes, Sitka quickly released its finding for hole number four, and the reasoning is sound.

"Drill hole DDRCCC-23-046 has produced our highest grade intercept to date with a remarkable 108 grams per tonne gold over 1.2 metres within 4.3 metres of 33.1 grams per tonne gold," said Sitka Gold CEO Cor Coe.

The complete highlights for hole 046 include:

• 56 meters averaging 1.23 g/t gold from a depth of 134 meters, including 6.2 meters averaging 2.5 g/t gold, as well as 9.6 meters averaging 2.81 g/t gold.

• And 38.2 meters averaging 4.15 g/t gold from 326.1 meters, including 4.4 meters averaging 33.1 g/t gold, as well as 1.2 meters averaging 108 g/t gold.

"Grades of this nature are quite exceptional for a reduced intrusion-related gold system and, along with several other high-grade drill intercepts and outcrop rock samples received to date, appear to indicate that there is a high-grade component to the gold system present at the Clear Creek Intrusive Complex," added Coe. "Hole 46 confirms that persistent gold mineralization continues to the east of the current resource boundary and highlights the potential for mineralization to extend at least 550 metres through to the Saddle Zone where limited previous test drilling has returned some very encouraging numbers, such as 18.8 metres of 1.34 g/t gold."

For comparison, highlights from the earlier results announced on Sept. 5 include:

• 449 meters averaging 0.74 g/t gold from surface in hole DDRCCC-23-043, including a 14-meter segment averaging 3.28 g/t gold.

• 161.8 meters averaging 0.71 g/t gold from a depth of 107.2 meters in DDRCCC-23-044, including 16 meters averaging 2.36 g/t gold.

• 52.5 meters averaging 0.51 g/t gold from a depth of 57 meters in DDRCCC-23-045.

Located just outside the eastern margin of the current resource, 60 meters of the nearest previous drill hole DDRCCC-20-002 (231 meters averaging 0.61 g/t gold, including two meters averaging 16.1 g/t gold further downhole around the 300-meter mark), 046 intersected significant gold mineralization where multiple occurrences of visible gold have been observed.

Already stated, 046 intersected the highest gold grades returned from drilling on the property to date, giving rise to a strategic target the company hopes may expand its already impressive resource.

"Results from hole 46 further demonstrate the discovery potential that is still very present around our existing gold deposits and elsewhere within the northern extent of the Clear Creek Intrusive Complex," said Coe. "We eagerly await the many additional analytical results still to come from our ongoing diamond drilling campaign at RC Gold while we continue to grow our current gold resource, potentially identify consistent zones of high-grade mineralization and test additional high-priority targets within the northern extent of the Clear Creek Intrusive Complex."