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Transaction Announcement Reports
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Project: | Adobe | |
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Deposit: | Adobe | |
Location: | United States | |
Commodities: | Gold | |
Date: | 9/20/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 20-9-2018: Sitka Gold Corp. announces an Exploration/Drilling Update report for its Adobe deposit at the Adobe project. Drilling results incl. 111.25m @ 10ppb Au. VANCOUVER, CANADA – September 20th, 2018: Sitka Gold Corp. (CSE: SIG) (the “Company” or “Sit | |
Resources: | x | |
CP/QP: | [Overall Report]: Not stated (n/a) | |
ABSTRACT: | VANCOUVER, CANADA – September 20th, 2018: Sitka Gold Corp. (CSE: SIG) (the “Company” or “Sitka”) announces results from the third drill hole at its Adobe Gold Property (“Adobe” or the “Property”). Reverse circulation (RC) drill hole A18-03 encountered a zone averaging 10 ppb Au from 195 to 560 feet (below detection intervals set at half detection limit). This elevated gold zone occurs in mixed siliceous and weakly calcareous siltstone. Prospective host rocks were present deeper in A18- 03 in the lower Tripon Pass Formation and returned weak gold anomalies, however relatively abundant pyrite was noted. A18-03 was located on a well mapped anticline within ideal host rock horizons but lacked significant gold mineralization. The Company is currently compiling the data generated from the drilling to date in order to determine future exploration strategies on the Property. About Sitka Gold Corp. Sitka Gold Corp. is a mineral exploration company headquartered in Canada and managed by a team of experienced mining industry professionals. The Company is focused on exploring for economically viable mineral deposits with its primary emphasis on gold and copper mineral properties of merit. Sitka currently has an option to acquire a 100% interest in the Adobe Gold property in Nevada and owns a 100% interest in its Coppermine River project in Nunavut and the Alpha Gold property in Nevada. | |
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