The mining newspaper for Alaska and Canada's North

Sitka Gold hits Blackjack on Yukon belt

Mining Explorers 2022 - January 19, 2023

Sitka Gold Corp. has been advancing its RC Gold project within the geologically fertile and highly prospective Tombstone Gold Belt region of Canada's Yukon.

RC is an intrusion-related gold project that stands on the same playing field as other multi-million-ounce deposits within the Tombstone belt – Victoria Gold's Eagle and Olive deposits (a combined 4.7 million ounces), Golden Predators' Brewery Creek deposits (1.5 million oz), and Banyan Gold's AurMac deposits (3.99 million oz).

All that remains is the time and effort to unearth its treasures.

Comprised of the RC Gold, Bee Bop, Mahtin, Clear Creek, and Barney Ridge deposits, the RC Gold project is a district-scale land package of 1,891 claims covering 376 square kilometers (92,900 acres) in the heart of this heavily endowed gold belt.

After acquiring the property in 2019, Sitka followed up on its predecessor's (Pacific Ridge Exploration Ltd.) work programs with its own soil sampling and geophysical surveys designed to fill in the previously identified geophysical and geochemical anomalous zones.

In the ensuing years, several high-priority gold targets, where gold values plus the associated pathfinder metals, are typical of mineralization associated with intrusion-related gold deposits.

One of which is a recent zone that has been driving Sitka to explore fervently with its coincidently appropriate name, Blackjack.

The Blackjack discovery hole DDRCCC-21-021 or hole 21, cut 220.1 meters of 1.17 grams per metric ton gold from surface, including 50.5 meters of 2.08 g/t gold. This newly discovered gold zone was found to be open both laterally and at depth with hole 21 being the first hole drilled through this gold mineralized interval.

Sitka followed up on its Blackjack discovery with a more than 7,700-meter drill program carried out in 2022.

During the winter portion of this program, which involved 1,243 meters of drilling in four holes, Sitka cut 205.8 meters averaging 1.01 g/t gold from surface in hole DDRCCC-22-023.

"Hole 23 has produced some impressive results with characteristics similar to those seen in our initial Blackjack zone discovery hole and our first follow-up hole and continues to demonstrate that we have found a structurally controlled, high-grade gold corridor within a larger intrusion-related gold system at RC Gold," said Sitka Gold CEO Corwin Coe.

Wrapping up the second phase of drilling ahead of schedule in August, Sitka completed another 20 holes for approximately 6,500 meters.

Primarily designed to focus on stepping out laterally and vertically from the famed discovery hole 21, Sitka reported that all the holes of its summer 2022 drill program intersected mineralization, with visible gold identified in the majority drilled.

Highlights from 2022 Blackjack drilling include:

116 meters averaging 0.65 g/t gold in hole DDRCCC-22-029.

146.6 meters averaging 0.90 g/t gold in hole DDRCCC-22-030.

19 meters averaging 1.03 g/t gold in hole DDRCCC-22-033.

132 meters averaging 0.51 g/t gold in hole DDRCCC-22-036.

Furthermore, the company identified a large 500- by 2,000-meter intrusion-related gold system on RC spanning the Blackjack, Saddle, and Eiger zones, which was the main concentration of Sitka's drill program for the last three years.

 

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