Go offline with the Player FM app!
Sitka Gold - Deepest, Highest-Grade Hit to Date at RC Gold Project
Manage episode 478646644 series 3374176
Mike Burke, Director and VP of Corporate Development at Sitka Gold (TSX.V:SIG - OTCQB:SITKF - FRE:1RF), joins me to unpack the April 22nd news release reporting drill results from Hole 75 at the RC Gold Project in Yukon. This hole marks the deepest and highest-grade gold intercept to date, with highlights including:
- 108.9m of 3.27 g/t gold, including 45.0m of 4.52 g/t gold at depth
- A broader interval of 352.8m grading 1.55 g/t gold, all within the Blackjack deposit
- Early evidence for a potential underground mining scenario below the current pit-constrained resource
Mike explains how this hole steps out from a previously high-grade interval (Hole 68), what the figures show in cross-section and plan view, and why deeper mineralization could transform both the scope and economics of this project.
We also discuss:
- The 30,000-meter fully funded drill program and upcoming assays from Hole 76
- Expansion plans for other targets across the property, including Eiger, Saddle, and Rhosgobel
- The strategy with over $25 million in the treasury
If you have any follow up questions for Mike please email me at [email protected].
Click here visit the Sitka Gold website to learn more about the Company.
248 episodes
Manage episode 478646644 series 3374176
Mike Burke, Director and VP of Corporate Development at Sitka Gold (TSX.V:SIG - OTCQB:SITKF - FRE:1RF), joins me to unpack the April 22nd news release reporting drill results from Hole 75 at the RC Gold Project in Yukon. This hole marks the deepest and highest-grade gold intercept to date, with highlights including:
- 108.9m of 3.27 g/t gold, including 45.0m of 4.52 g/t gold at depth
- A broader interval of 352.8m grading 1.55 g/t gold, all within the Blackjack deposit
- Early evidence for a potential underground mining scenario below the current pit-constrained resource
Mike explains how this hole steps out from a previously high-grade interval (Hole 68), what the figures show in cross-section and plan view, and why deeper mineralization could transform both the scope and economics of this project.
We also discuss:
- The 30,000-meter fully funded drill program and upcoming assays from Hole 76
- Expansion plans for other targets across the property, including Eiger, Saddle, and Rhosgobel
- The strategy with over $25 million in the treasury
If you have any follow up questions for Mike please email me at [email protected].
Click here visit the Sitka Gold website to learn more about the Company.
248 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.