Sitka Gold Corp. announces that, due to strong investor demand, its previously announced non-brokered private placement will be increased from up to $4.5 million to up to $6 million with a lead order from Palisades Goldcorp Ltd. The financing will consist of a combination of flow-through units priced at $0.135 with a half warrant priced at $0.18 and non flow-through units priced at $0.12 with a full warrant priced at [...]
Sitka Gold Corp. is pleased to announce that drilling has commenced at its Alpha Gold Property located at the southeast end of Nevada's prolific Cortez Gold Trend. "The drill is turning at Alpha Gold," stated Cor Coe, CEO of Sitka. "To stake this target at the end of last year and subsequently obtain a drilling permit, procure a drill rig and commence drilling within a handful of weeks is no small feat and speaks volumes [...]
Sitka Gold Corp. is pleased to announce that a drill has been mobilized to the Company's Alpha Gold Project, located at the southeast end of the Cortez Trend approximately 40km southeast of the Barrick/Newmont Cortez Hills gold mine. The Company is permitted for a total of 16 drill sites across the Alpha Gold Project to follow up on updated geological mapping in its search for a buried Carlin-Type gold deposit along the [...]
Sitka Gold Corp. is pleased to announce a private placement for up to $4.5M with a lead order from Palisades Goldcorp Ltd. The financing will consist of a combination of flow-through units priced at $0.135 with a half warrant priced at $0.18 and non flow-through units priced at $0.12 with a full warrant priced at $0.18. Each full warrant will entitle the holder to purchase an additional common share at a price of $0.18 [...]
Sitka Gold Corp. is pleased to announce that it has signed a drill Contract with Drillrite LLC Exploration Drilling of Elko, Nevada, for continued exploration at its Alpha Gold property , situated at the southeast end of the Cortez Trend. Sitka has received a permit from the BLM to drill up to 5 holes in an area that was recently staked approximately 6 kilometres northwest of the main Alpha Gold claim block . This is in [...]
Sitka Gold Corp. is pleased to announce the results of a four hole, 104 metre Rotary Air Blast drilling program its OGI Property , located just off the Dempster Highway, approximately 50 km east of Dawson City and 1 km north of Golden Predator’s Brewery Creek Gold Mine in Yukon’s prolific Tombstone Gold Belt. The drilling at OGI targeted a silver-zinc soil anomaly that covers an area of approximately 250 metres by 750 [...]
Sitka Gold Corp. is is pleased to announce that the Company’s common shares have begun trading on the OTCQB Venture Market effective today under the ticker symbol SITKF. B. Riley Securities acted as the Company's OTCQB sponsor. B. Riley Securities, Inc. is a full-service investment bank and subsidiary of B. Riley Financial, based in Los Angeles with offices across the United States, providing corporate finance, research [...]
Sitka Gold Corp. is pleased to provide a summary of progress and accomplishments made over the past 12 months of activity and an overview of planned exploration programs for 2021 at its Burro Creek Property in Arizona, its Alpha Gold Property in Nevada and its RC Gold and OGI Projects in Yukon. Recap and Highlights of 2020 - During the past year, Sitka raised over $3.0 million via two separate private placement financings [...]
Sitka Gold Corp. is pleased to announce that it has received the required drill permits from the Bureau of Land Management in Nevada for the newly staked claims at its Alpha Gold Property. 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 Nevada. Sitka is now permitted for up to 16 [...]
Sitka Gold Corp. is pleased to announce it has identified a new Carlin-type gold deposit target and staked additional claims at its Alpha Gold Property in Nevada. Since drill hole AG-01 was completed in July 2020, further geological mapping was carried out using improved stratigraphic information obtained from the drill hole to gain increased resolution on local structural trends. This has enabled the Company to identify [...]
Sitka Gold Corp. is pleased to announce it has now received all the assay results from drilling, trenching and soil sampling at its district scale, contiguous 376 square kilometre RC Gold Project in Yukon . A total of six diamond drill holes totalling approximately 1500 metres were completed on the Project this year testing high priority targets over approximately 10 kilometres . 497 soil samples, 20 rock samples, 140 [...]
Sitka Gold Corp. is please to announce that it has staked an additional 130 quartz mining claims at its district-scale RC Gold Project in Yukon. The additional claims were staked to cover a newly identified, highly prospective area along the western boundary of the Project's claim block. The Company recently announced diamond drilling results that included drill hole #DDRCCC20-002, which was in close proximity to its [...]