Sitka Gold Corp.

VANCOUVER, CANADA - November 7, 2024 - TheNewswire: Sitka Gold Corp. is pleased to announce that the Company has closed a non-brokered private placement for aggregate gross proceeds of $4,999,020 through the issuance of 9,802,000 flow-through common shares in the capital of the Company sold at a price of $0.51 per FT Share. "This financing enables us to move forward with a healthy treasury of over $15 million and expand [...]

Soil sampling, geological mapping and prospecting, along with initial diamond drilling of 843.7 m in 2 holes completed in Sitka's first phase of exploration at the newly acquired Pukelman intrusive target. Visible gold and abundant sheeted quartz veining were observed in initial drill holes completed at the Pukelman intrusion with assays pending. East-Southeast trending zone of sheeted quartz veining and brecciation with [...]

DDRCCC-24-068 returned 678.1 metres of 1.04 g/t gold from surface, including 409.5 metres of 1.36 g/t gold, 93.0 metres of 2.57 g/t gold and 5.5 metres of 17.59 g/t gold; significantly expands Blackjack gold mineralization approximately 200 metres below previous drilling with grades increasing with depth. DDRCCC-24-067 returned 99.2 metres of 1.01 g/t gold including 2.5 metres of 18.39 g/t gold, confirming the southern [...]

Multiple instances of visible gold observed in drill core from first diamond drill holes ever completed at the Rhosgobel reduced intrusion-related gold deposit target located 5 km south of the Blackjack gold deposit. Gold mineralization appears to extend at least 250 metres below the extent of historical drilling. Large zones of reduced intrusion-related sheeted veins and breccias intersected below historical drilling. 11 [...]

DDRCCC-24-068 was drilled to 708.7 metres to test the depth continuity of Blackjack Zone mineralization and encountered over 40 instances of visible gold from surface to 680 metres with mineralization remaining open to depth. Hole 68 is approximately 200 metres deeper than any previous drill holes, adding substantial gold mineralization beyond previous drilling limits. Multiple occurrences of visible gold within sheeted [...]

Sitka Gold Corp. is pleased to announce that the Company has closed a non-brokered private placement for aggregate gross proceeds of $5,500,000 through the issuance of 27,500,000 units sold at a price of $0.20 per Unit. Each Unit consists of one common share of the Company and one half of one common share purchase warrant . Each Warrant entitles the holder thereof to purchase one additional common share of the Company at [...]

DDRCCC-24-062 returned 290.5 m of 1.10 g/t gold, including 105.0 m of 1.68 g/t gold and 34.5 m of 2.61 g/t gold DDRCCC-24-061 returned 206.0 m of 0.64 g/t gold including 27.0 m of 1.01 g/t gold and 1.0 m of 23.7 g/t gold Drilling continues to expand mineralization with persistent higher-grade gold values south of the Blackjack deposit Multiple occurrences of visible gold noted in DDRCCC-24-067 Second drill now turning at [...]

VANCOUVER, CANADA - August 2, 2024 - TheNewswire: Sitka Gold Corp. is pleased to announce that the Company has closed its previously announced non-brokered private placement for aggregate gross proceeds of approximately $3,354,154 through the issuance of: 9,127,273 flow-through units sold at a price of $0.22 per FT Unit; and 5,384,618 charity flow-through units sold at a price of $0.25 per Charity FT Unit. Each FT Unit [...]

Multiple occurrences of visible gold within sheeted quartz veins observed in recently completed drill holes with the most abundant visible gold seen in the metasedimentary rocks in drilling to date Abundant sheeted quartz veining in both intrusive and metasedimentary rocks intersected in all drill holes Second drill mobilized to site Sitka Gold Corp. is pleased to announce that visible gold has been observed multiple [...]

2024 exploration has begun on the newly acquired Clear Creek property First diamond drilling program ever to be completed on the Rhosgobel Intrusion since historical shallow reverse circulation drilling in 1995 to follow up on holes 95-15 which intersected 50.3 m of 1.07 g/t gold and 95-16 which intersected 67.1 m of 1.03 g/t gold with both holes ending in strong gold mineralization. Grid geochemistry currently underway [...]